Tag: strikes

Recession strikes fear into many and pain isn’t evenly shared | Stock Take: Is the Economic Model…

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Recession strikes fear into many and pain isn't evenly shared

Unemployment soared above 11pc during the 1980s recession. (ABC News: Alistair Kroie)

Remember the good old days? The time when life was simple and opportunities endless?

Last week, Reserve Bank governor Michele Bullock batted away the idea that a recession was inevitable but finally conceded that unless inflation was brought to heel in a timely manner, it was a possibility.

"So, it's not our base case, I don't want it, but if inflation expectations get away, that's the sort of scenario you might be looking at."

Michele Bullock concedes there is a risk of recession. (AAP: Dan Himbrechts)

Pandemic aside, we haven't experienced a recession — one where the catalyst was rising interest rates — since the early 1990s.

Is Australia facing a real recession?

Dale Gillham is the chief analyst at Wealth Within and the international bestselling author of How to Beat the Managed Funds by 20%. He is also the author of the award-winning book Accelerate Your Wealth—It’s Your Money, Your Choice, which is available in all good bookstores and online at www.wealthwithin.com.au.
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Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

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October 6, 2026
Israeli strikes in Gaza kill five, including children | 21 Palestinians injured as Israeli strike…

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Israeli strikes in Gaza kill five, including children

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Israeli air strikes have killed at least five Palestinians, including two children and a Hamas armed commander, in ‌northern and southern Gaza, health officials and Hamas sources say.

Israeli strikes on a vehicle killed at least two Palestinians, one a child, and wounded seven others ‌in what appeared to be a double tap strike in the northern Gaza Strip neighbourhood of Sheikh Radwan, according to medics.

21 Palestinians injured as Israeli strikes continue in Gaza despite ceasefire

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A Palestinian man carries a child following an Israeli attack in the Mawasi area in Khan Younis, Gaza Strip, September 14, 2026. /VCG

At least 21 Palestinians were injured in Israeli airstrikes across the Gaza Strip on Monday, according to Palestinian sources, as strikes continued despite a ceasefire, with Gaza's already devastated education system facing further collapse.

In the latest reported strike, an Israeli drone fired two missiles at the roof of a residential building near al-Shifa Medical Complex in Gaza City, eyewitnesses said. Mahmoud Basal, spokesperson for Gaza's civil defense service, said one person was seriously injured and taken to hospital.

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Pregnant woman among more than 10 killed in Israeli attacks on Gaza

Woman’s family says she died of injuries after being shot in the head while sitting inside a tent near Khan Younis

A pregnant Palestinian woman died on Saturday from injuries sustained after being shot in the head by Israeli forces south of Khan Younis, according to her family and medical workers, as strikes across Gaza killed at least 10 people in 48 hours.

The woman, named as Iman Shalouf, 27, who was nearly eight months pregnant, was sitting inside her family’s tent in the al-Mawasi area when Israeli gunfire struck her, according to paramedics and witnesses.

‘‘We heard the sound of gunfire while I was praying,’’ Wathfa abu Mashi, Shalouf’s mother-in-law, said in a video interview with Anadolu. “My daughter asked me, ‘Where is Iman?’ I told her she was in her tent. She went to check on her and found her covered in blood after she was hit by a bullet.”

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September 16, 2026
Why Canadian airline strikes shut down the whole system — and how other countries avoid it | Ca…

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Why Canadian airline strikes shut down the whole system — and how other countries avoid it

Over the August long weekend, roughly 250,000 WestJet passengers had their flights cancelled when the airline’s flight attendants walked out over pay, including compensation for ground duties performed before takeoff and after landing.

Less than a year earlier, an Air Canada strike grounded the country’s largest carrier for about 60 hours. The two disputes were different in their details, but both exposed how quickly a strike at a major airline can disrupt the wider air-travel system.

I’ve spent years studying how airlines and their unions collide, and in Canada the pattern is becoming familiar. Once an airline strike begins, there is little institutional middle ground between widespread disruption and government intervention. Other countries show this is not the only way to manage a strike.

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CLC urges Ottawa to repeal – not ‘codify’ – power to end legal strikes

'The government is asking the wrong question,' says president Bea Bruske amid Canada Labour Code amid consultations

The Canadian Labour Congress (CLC) is warning federally regulated employers that a second round of Canada Labour Code consultations could entrench, rather than eliminate, the labour minister's power to end lawful strikes.

The CLC's second submission to the Code review renews its call to repeal section 107, the provision allowing the labour minister to order employees back to work or refer disputes to binding arbitration.

The particular section reads: “The Minister, where the Minister deems it expedient, may do such things as to the Minister seem likely to maintain or secure industrial peace and to promote conditions favourable to the settlement of industrial disputes or differences and to those ends the Minister may refer any question to the Board or direct the Board to do such things as the Minister deems necessary.”

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August 11, 2026
US launches ‘heavy’ strikes on Iran after attempted attack on American troops | Middle East crisi…

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US launches 'heavy' strikes on Iran after attempted attack on American troops

The US military says it launched "heavy" strikes against Iran on Wednesday in retaliation for attempted Iranian ballistic missile attacks on American forces.

Centcom said it hit "dozens" of Islamic Revolutionary Guard Corps (IRGC) targets in response to Tuesday's firing by Iran on US bases in Jordan and at ships in the Strait of Hormuz.

The latest hostilities came a day after the conflict expanded, with the first publicly announced joint US-Saudi strikes targeting Iranian proxies in Iraq.

When the US and Israel launched military strikes on Iran in February, President Donald Trump said the war would last only a few weeks, but it has gone on for five months with no end in sight.

Middle East crisis live: US launches ‘heavy waves of strikes’ on Iran after days-long pause in attacks

US says attacks on Thursday morning hit dozens of Revolutionary Guard targets while experts say earlier strikes by both sides increase risk of return to all-out war

US launches fresh strikes on Iran after days-long pause, amid fears the war is widening

The US military is saying is has finished its âheavy wave of strikesâ against Iran.

Central Command said in a statement posted on X that it struck âdozens of Islamic Revolutionary Guard Corps (IRGC) targets in Iran, including military command centers, missile and drone facilities, coastal surveillance and defense sites, and maritime capabilitiesâ.

It said the two hours of strikes were in response to Iranâs attempted missile attacks on US forces in the region and âaimed to further diminish threats posed by Iran and its proxies to American forces, commercial shipping, and neighboring Gulf countriesâ.

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US strikes ‘dozens’ of targets in Iran, hours after Trump’s expletive-laden threat

Baghdad: The US military launched strikes on Iranian targets, hours after President Donald Trump warned that a retaliatory attack was imminent after Iran launched a barrage of missiles toward American forces in the Middle East.

US Central Command announced the strikes – which began at 10am on Thursday (AEST) – on social media and said they were “a powerful response to yesterday’s attempted Iranian attack”.

“We’re going to be hitting them very hard, because it’s our turn to hit ’em. They know it’s coming, they’re asking us not to do it,” Trump had told reporters in the Oval Office on Wednesday afternoon (US time).

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July 30, 2026
Tehran launches more strikes after second round of US attacks in southern Iran | Iran says strike…

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Tehran launches more strikes after second round of US attacks in southern Iran

The US and Iran again traded strikes in exchanges that continued into Thursday, as observers reported a "dramatic" drop in the number of ships travelling through the Strait of Hormuz.

The US says it hit 90 military targets, some near the Strait. Iran says 14 people have been killed in the past two days.

State media also reported that targets near the Bushehr nuclear power plant were hit, citing the deputy governor of the province. The US has not commented on the latest strikes.

Iran said it targeted US assets in Kuwait, Bahrain and Qatar in response. Later on Thursday, Tehran launched more strikes on sites in Kuwait, Jordan and Iraq, state-linked media reported.

Iran says strikes hit southern areas, but US denies it carried attacks

Iran says strikes hit southern areas, but US denies it carried out the attacks

Iranian state media reported that military headquarters were hit by strikes in Bushehr province and the port city of Konarak. The US tells Al Jazeera it did not carry out the military strikes, which came on the same day as the long-anticipated funeral of the late Supreme Leader Ali Khamenei.

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‘It was back-to-back explosions’: Iranians recall 48 hours of terror after US attack on port cities

Residents in Bandar Abbas and Sirik regions describe communities in fear and âfeeling abandonedâ after US strikes

Residents in southern Iran have described two nights of fear this week after explosions shook coastal communities as the US launched fresh strikes on targets including the port cities of Bandar Abbas and Sirik.

US Central Command confirmed the attacks, saying they were carried out to âfurther degrade their ability to threaten freedom of navigation in the strait of Hormuzâ.

For residents in Posht-e Shahr, Bandar Abbas, back-to-back explosions marked another night of terror as they scrambled to check on friends and family. Noor, a teacher who lives near the fishing pier, said this weekâs strikes were stronger than most in recent months.

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July 10, 2026
US strikes Iran, Iran hits Bahrain and Kuwait as Middle East tensions escalate | Oil Jumps After …

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US strikes Iran, Iran hits Bahrain and Kuwait as Middle East tensions escalate

Vessels pictured in the Strait of Hormuz, near where the US has launched fresh strikes on Iran. (Reuters: West Asia News Agency)

The United States and Iran have exchanged strikes against targets in the Middle East, underscoring rising tensions that threaten the interim deal between the two nations to stop the war.

The US launched fresh strikes on Iranian military infrastructure near the Strait of Hormuz early this morning, saying the action was in response to Iranian attacks on commercial shipping.

Iran then launched missile and drone strikes targeting US allies Kuwait and Bahrain, prompting the US to launch a second round of air strikes, and Iran to return fire.

Escalating US-Iran strikes threaten interim peace agreement

Tehran attacks Bahrain and Kuwait amid efforts to open strait of Hormuz without Iran’s direct oversight

Fresh hostilities in Gulf suggest US-Iran memorandum was too broadly worded

A new round of escalating strikes between Iran and the US has continued, further undermining the fragile interim peace agreement between the two countries, and prompting Donald Trump to threaten violence that would ensure Iran “will no longer exist”.

On Sunday, Tehran launched drone and missile attacks against Bahrain and Kuwait after new US strikes on sites in southern Iran, and threatened a “complete halt” to negotiations to end the war. Trump said that a moment might come soon when he abandoned talks and the US would “militarily finish the job”.

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The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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June 28, 2026
US strikes Iran after Trump calls Hormuz attack ‘foolish’ ceasefire breach | Bahrain condemns Ira…

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US strikes Iran after Trump calls Hormuz attack 'foolish' ceasefire breach

Donald Trump has accused Iran of a "foolish" violation of the Middle East ceasefire deal. (Reuters: Evan Vucci)

The United States has carried out strikes against Iran, the US Central Command said in a statement.

It comes after Donald Trump accused Iran of a "foolish" violation of the Middle East ceasefire agreement.

The US president took to Truth Social after an Iranian drone attack on a cargo ship earlier this week.

The United States has carried out strikes against Iran, with the US Central Command saying American aircraft targeted Iranian missile and drone storage facilities, as well as coastal radar sites.

Bahrain condemns Iranian drone attack after overnight US strikes

No immediate reports of damage after Bahrain hit by ‘number of drones’ as ship in strait of Hormuz also targeted

Bahrain said it was attacked by Iran with drones on Saturday, apparently in response to overnight US strikes on Iran. A ship in the strait of Hormuz was also attacked.

Bahrain’s foreign ministry said a “number of drones” were launched at the country, though there were no immediate reports of damage. It condemned the attack and described it as a “flagrant threat to the security of citizens and residents”.

No damage or casualties were reported in the attack on a tanker in the strait of Hormuz. No one claimed responsibility for the attack, but Iran was suspected to be behind it.

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Iran war live: IRGC ‘targets’ US military sites in region after attacks

The IRGC says it has ‘targeted’ US military in the region after Trump administration launched attacks on the country.

The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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June 27, 2026
US strikes Iran after Trump calls Hormuz attack ‘foolish’ ceasefire breach | US strikes on Iran t…

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US strikes Iran after Trump calls Hormuz attack 'foolish' ceasefire breach

Donald Trump has accused Iran of a "foolish" violation of the Middle East ceasefire deal. (Reuters: Evan Vucci)

The United States has carried out strikes against Iran, the US Central Command said in a statement.

It comes after Donald Trump accused Iran of a "foolish" violation of the Middle East ceasefire agreement.

The US president took to Truth Social after an Iranian drone attack on a cargo ship earlier this week.

The United States has carried out strikes against Iran, with the US Central Command saying American aircraft targeted Iranian missile and drone storage facilities, as well as coastal radar sites.

US strikes on Iran test fragile ceasefire

The US has struck Iran for the first time since the two sides reached a Memorandum of Understanding on June 17. The US says it hit Iranian military sites amid claims Iran’s forces attacked a commercial ship in the Strait of Hormuz.

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US launches new Iran strikes over attack on ship that Trump says violated ceasefire

Washington/Dubai: The US military attacked Iran in response to an Iranian drone strike on a cargo ship in the Strait of Hormuz, with each country accusing the other of violating terms of a ceasefire agreed on last week.

US Central Command said aircraft struck missile and drone storage locations and coastal radar sites on Saturday, later publishing a grainy black-and-white video of an explosion labelled “unclassified.” A US official reported the operation had concluded.

Iran said a projectile struck the area around a pier in Sirik in southern Iran, and that Iranian naval forces responded by striking US military targets in the region. Tehran did not provide details about what may have been hit.

The dynamic landscape of current events often brings forth significant discussions. Monitoring these developments provides crucial insights.

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June 27, 2026
Magnitude 5.8 Earthquake Strikes Chiba Prefecture Outside of Tokyo | Magnitude 7.2 quake hits nor…

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June 26, 2026
Ukraine strikes St Petersburg oil terminal hours before ‘Putin’s Davos’ | No safe harbour: Ukrain…

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Ukraine strikes St Petersburg oil terminal hours before 'Putin's Davos'

A plume of black smoke is seen over the port of St Petersburg. (AP Photo)

Ukraine has struck an oil export terminal in St Petersburg hours before Russian President Vladimir Putin's annual economic forum got underway.

The governor of the wider Leningrad region said air defences had shot down 59 drones overnight.

NATO Secretary General Mark Rutte has arrived in Kyiv for an unannounced trip.

Ukraine has struck an oil export terminal in St Petersburg hours before Russian President Vladimir Putin's annual economic forum got underway.

The attack on St Petersburg, Mr Putin's home city, and the location of his own 'Davos' — a showcase economic forum designed to attract foreign investment — comes as both sides dial up strikes on each other in the more than four-year-old war.

No safe harbour: Ukrainian drones strike Russian warship in the Baltic for the first time

This week, Ukrainian one-way attack drones struck the Russian corvette RFS Boiky in Kronstadt naval base, more than 1,100 km from the Ukrainian border. The attack signals another extension of Ukraine’s long-range strike campaign and carries implications well beyond the conflict itself.

At 06:35 local time on 3 June 2026, drones operated by the 1st Separate Centre of Ukraine’s Unmanned Systems Forces struck the corvette Boiky in the Veleshchynsky dry dock at Kronstadt. The historic naval base is situated on Kotlin Island, roughly 20 km west of Saint Petersburg at the eastern end of the Gulf of Finland. The attack formed part of a wider set of strikes in the region that morning.

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Ukraine attacks St Petersburg as Russia hosts its own ‘Davos’

Ukraine launched a series of air strikes targeting an oil facility and a naval air base near St Petersburg late Tuesday night, hours before international guests gathered for the city’s flagship economic forum.

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June 6, 2026