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Finance

RBA interest rates: Bullock says ‘pain now’ will prevent worse later as Reserve Bank hikes rates for fifth time

Reserve Bank of Australia increases official cash rate to 4.85%, bringing it to highest level since 2008 RBA interest rates live updates: Reserve Bank cash rate decision Get our daily political email, free app or daily news podcast The Reserve Bank governor Michele Bullock has said that “some pain now will prevent even worse pain down the track”, after lifting official interest rates to an 18-year high of 4.85% in a bid to combat persistent inflation. The RBA’s decision to hit mortgage holders for a fifth time in 2026 will intensify pressure on indebted households, but there were signs that th

The Guardian
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Sports

Don’t call it a remontada: Emery’s Camp Nou comeback focuses European blur

The expanded Champions League is often shapeless, but Aston Villa’s manager returning to the scene of his greatest trauma stands out “One more match. Just one more match.” Sure, Unai. Sure. Just like all the other matches that generated a local tremor measured at 1 on the Richter scale when that seventh and final goal went in at the Camp Nou in March 2017. It was inevitable that Unai Emery would be asked about the Remontada game on the eve of Aston Villa’s Champions League engagement with Barcelona, his own first trip back to the Camp Nou in this competition since one of the most visceral and

The Guardian
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Sports

‘I’ve been chased and shot at’: Denzel Bentley on trauma, street violence and brutal boxing politics

Stripped of his WBO world title and numbed by violent deaths of friends in Battersea, the middleweight is determined to press on in pursuit of fights and titles “I’ve been very reluctant to tell my story,” Denzel Bentley says as he sits upstairs at his gym in Essex and opens up about his testing life in and out of the ring. Before he addresses the latest maddening round of boxing politics, Bentley reveals how he has dealt with genuine catastrophe and trauma. This buried pain places boxing’s shenanigans into sobering perspective because so many of his friends have been murdered on the street. B

The Guardian
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International

Asian Cup: Saudi Arabia postpones prominent international events. What impact does this have on Vision 2030?

Saudi Arabia faces a new test of its investment attractiveness in light of the regional military escalation, after postponing a series of the most prominent economic, cultural and sporting events, most notably the Future Investment Initiative. Will security concerns and travel disruptions affect the confidence of international investors and threaten the ambitions of Vision 2030? Or will the Kingdom succeed in containing the repercussions and restoring international momentum?

BBC News
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