Canada and Australia will not send athletes to the 2020 Olympic Games in Tokyo because of the risks associated with the coronavirus outbreak, the Olympic committees for both countries said in separate statements.
Australian Prime Minister Scott Morrison said on Tuesday the government will soon announce measures to stimulate an economy hammered by the effects of the coronavirus outbreak, as the local share market came in for another turbulent session.
The Australian privacy regulator filed a lawsuit against Facebook Inc. accusing the social media giant of sharing the personal details of more than 300,000 people with political consultant Cambridge Analytica without their knowledge.
Australia’s economy will record its first recession since 1991 as the hit from China’s virus-induced slowdown is amplified by slumping confidence and domestic disruptions from the outbreak intensifying Down Under, according to Bloomberg Economics’s James McIntyre.
Australia's financial regulators scheduled an emergency call on Monday to discuss the impact of the coronavirus outbreak, two sources familiar with the matter told Reuters, as the country looks to reduce the risk of recession.
The government agency tasked with monitoring the health of Australia’s Great Barrier Reef has detected signs of heat stress in several coral regions, increasing the prospects of another major bleaching event.
From extensive news coverage of climate change to social media or even living in a bushfire-affected area, there’s no escaping the grim reality which has gripped Australia over the past few months, so it’s understandable the broader community is deeply concerned about the environment.