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Daily Archives: January 7, 2021

Bitcoin crosses $40K mark, doubling in less than a month

First it went through $US20,000. Then 10 days later, it broke through $US25,000, and then, with barely taking a breath, it crossed $US30,000. Now only a few days into 2021, the price of bitcoin has crossed $US40,000. Nothing’s new with the digital currency in the month since it crossed $US20,000 …

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Elon Musk ousts Jeff Bezos as world’s richest person

Elon Musk has overtaken Jeff Bezos to become the world’s richest person after his net worth surged to almost $US190 billion ($245 billion) following an extraordinary year for electric car company Tesla. Tesla shares rose by 7 per cent on Thursday, pushing the company past Facebook in value and making …

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As it happened: ASX hits near 11-month peak as 2021 starts with a bang

Thanks for reading along with us at Markets Live today, and for joining us during the first week of the year. Alex Druce will be back again on Monday. Have a great weekend, and stay safe. Strong commodity prices and the prospect of a stimulus boost for the US economy …

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Fears anti-vaxxers could derail vaccination rollout

A spokesman for the media regulator said the industry group overseeing its development is aiming to introduce the code in late January or early February. Two sources with knowledge of the process said the upcoming vaccination roll out meant the code was more critical amid concerns in the medical community …

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Collaborate to avoid ‘divisive debate’ about compulsory vaccination, unions say

A more transmissible strain of the coronavirus from the United Kingdom has upped the stakes of Australia’s vaccine rollout, which Prime Minister Scott Morrison said could cover 4 million people by March. Mr Morrison on Thursday stood by his previous remarks that any vaccine would be voluntary in Australia. “[The …

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‘Significant record’: Australia’s fourth hottest year despite La Nina

Loading May was the exception, marking the first month since October 2016 with a national mean temperature that was below average for the month. Among Australia’s capitals, Sydney’s average daytime temperature came in at 23.5 degrees, or 1.7 degrees above average. Rainfall of 1551.1 millimetres was the most since 1998, …

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There’s a lot of blame to go around for the chaos in the Capitol, but some belongs to Australia

The Australian government’s relationship with Donald Trump got off to a rocky start. But once Scott Morrison assumed the leadership, Australia went all in with the man trying to steal the presidency. In September 2019, Morrison told President Trump that “Australia will never be accused of indifference in our friendship …

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Young extremists will still seek Abu Bakar Bashir’s blessing

Today, Indonesian firebrand cleric Abu Bakar Bashir will walk free from prison. The 82-year-old, who earned infamy in Australia for his role in the 2002 Bali bombings, has served as a bellwether for the Indonesian extremist community: never far from centre frame of its terrifying successes or its abject failures. …

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Capitol chaos is just the first act: The Republican party is shattered and civility is not coming back

Australians don’t appreciate the racial resentment behind it. US pollsters, however, have charted the growth of the idea that America’s minorities are becoming too powerful and that extreme measures may be justified to preserve a traditional America. A big block of Republican voters subscribe to it. Even more think the …

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Kids and online games: stop judging and start parenting

Most of what kids do online is scoffed at by adults, but this comes with a catch. Take watching other people play video games online. Despite most adults scratching their heads wondering how this could possibly be interesting, latest figures by Google show that in 2020, one hundred billion hours …

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