Categories
Australia

Koala sighting near Lithgow raises hopes of unmapped colony after Blue Mountains bushfire destruction

Unexpected sightings of koalas near the Blue Mountains have given hope a disease-free colony is recovering after the Black Summer bushfires.

A koala seen this week at Hassans Walls, near Lithgow, is the first time the native species has been reported in the area for five years.

It follows sightings in the past 12 months in the Newnes Plateau, Wollemi National Park, and Kanangra-Boyd National Park.

More than 80 per cent of the World Heritage-listed Greater Blue Mountains Area was burned during the 2019/20 bushfires, sparking fears and unmapped koala populations had been destroyed.

Local Margot McGinnes said she was “extremely surprised” to see a koala while walking in an area “generally not known to have koalas”.

“It was just a magnificent sighting. It really was very, very exciting,” she said.

A women in a pink jacket and another women in a black jacket looking up at some trees
Margot McGinnes (pink jacket) and Kate Smith spotted the koala while walking along Hassans Walls.(Supplied: Margot McGinnes)

Research group Science for Wildlife has been studying koala populations in the Blue Mountains and Lithgow area.

CEO Kellie Lee said it was a promising development for the recovery of the species in the region “because that area was really badly hit” and indicated a possible koala colony near Lithgow.

“We weren’t sure there would be any koalas left,” Dr Lee said.

A satellite map of Lithgow and Blue mountains indicating koala sightings.
The cartoon koala indicates the recent sighting, the first near Lithgow for five years.(Supplied: Science for Wildlife)

“It is suggesting that there could be another colony or perhaps that the Newnes Plateau colony might be connected up with koalas close to Lithgow.

“The fact they are popping up in these areas where they are just not common is a good sign they are out there and expanding.”

Disease-free koalas

Earlier this year, the New South Wales government listed koalas as an endangered species amid fears the animal could become extinct by 2050.

A close up of a koala eating leaves.
Early testing indicates the koala population near Lithgow is free of diseases.(ABC News: Curtis Rodda)

Habitat destruction, bushfires, road accidents, and chlamydia are all reasons behind the decline.

Chlamydia causes blindness, and cysts in koalas’ reproductive tracts lead to infertility or, in some cases, death.

The antibiotics used to treat the disease can destroy the koalas gut, leading some to starve to death even after being cured.

Dr Lee said the koalas they had found were disease-free, making them crucial for the native species survival.

“All of our testing so far has come back negative so we haven’t seen any signs of chlamydia in these populations,” Dr Lee said.

“That is obviously very good news and one less threat that they are facing.”

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Categories
Business

Too much COVID stimulus, not enough budget savings: Saul Eslake

Eslake is the latest in a string of economists including former Treasury official Steven Hamilton and the Grattan Institute’s Brendan Coates to criticize the RBA’s interest rate settings over recent years. Those criticisms have fed into a review of the RBA ordered last month by Treasurer Jim Chalmers.

Eslake said the RBA had made two significant mistakes: putting a date on how long it would keep interest rates at record lows, and assuming inflation would only rise due to faster wages growth.

He said the bank had, through its quantitative easing program, created another looming problem that would flow directly to the federal budget bottom line.

The bank may end up passing on $10 billion in interest to commercial banks that had money sitting with it, while all the government bonds bought by the RBA have very low interest on them.

The gap between what it had to pay commercial banks and the interest it earned on its own debt holdings meant the RBA’s ability to pay dividends to the federal government might be “wiped out”.

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Over the past five years, the RBA has paid $9.5 billion in dividends to the federal government, including $2.6 billion in 2020-21 despite making a loss of $4.3 billion.

Eslake said the lack of dividends would be just one of the problems for the government as it sought to repair the budget, which is carrying almost $900 billion in gross debt, noting tax reform would have to be considered.

“Much of the ‘budget repair’ task will need to be accomplished from the revenue side – ideally through tax reform, not via ‘bracket creep’,” he said.

There may be some respite for home buyers, with figures out of the United States showing inflation in the world’s largest economy was flat in July. Annual inflation fell to 8.5 per cent from 9.1 per cent.

Oxford Economics chief US financial economist Kathy Bostjancic said the Federal Reserve might downsize its expected interest rate increases over coming months if inflation pressures continue to ease.

Cut through the noise of federal politics with news, views and expert analysis from Jacqueline Maley. Subscribers can sign up to our weekly Inside Politics newsletter here.

Categories
Technology

Kirby’s Dream Buffet Rolls Out Worldwide Release Date

Kirby Dream Buffet
Image: Nintendo

update [Thu 11th Aug, 2022 13:05 BST]: It’s official! Nintendo has confirmed that Kirby’s Dream Buffet is hitting the eShop worldwide on the same day — 17th August! What a lovely little summer treat.

Pre-orders are now available on the eShop (North America, UK) and it will cost £13.49 — so probably closer to $15 in the US.

In Kirby’s Dream Buffet, you’ll be able to play with three other friends through a plethora of food-themed levels and minigames — think Fall Guys, but even cuter.

Here’s a summary of the game from the eShop:

Bump, battle, and boost your way to sweet victory

Have a feast of fun with family and friends in Kirby’s Dream Buffet™ for the Nintendo Switch family of systems.

Roll through a smorgasbord of food-themed stages in delicious 4-player competition as a rounder-than-usual Kirby. Anyone can take the cake in Kirby’s Dream Buffet! This digital game is available exclusively for Nintendo Switch.

Instead of eating enemies to gain his Copy Abilities, Kirby now gets them from food! A burning boost can come from a pepper, or frosting will give Kirby the spins!

You can also dress your Kirby up, and pop a Kirby Car cake on his head. We have our priorities right here.

To cap it all off, here’s a brand new overview trailer to celebrate the game’s release date!


original article [Thu 11th Aug, 2022 11:35 BST]: We got a tasty little surprise during today’s Kirby concert. The upcoming Kirby’s Dream Buffet — which was only announced last month — is coming to the Switch eShop on 17th August in Japan.

You’ll have to make sure you have some room for some tasty treats and all of that Kirby adorableness as the pink (and blue, and yellow, and green, and so on…) puffball will be rolling onto our consoles next week . The game will cost 1500 yen, so around about £9 / €10 / $11.

While this has only been confirmed for Japan at the time of writing this, we expect we’ll be hearing something very soon for Western audiences — we hope the same day!

We’ll update this post as soon as we know! In the meantime, check out the game’s launch trailer below!

Are you excited to play Kirby’s Dream Buffet? Let us know!

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Categories
Entertainment

Britney Spears ‘violated’ by Kevin Federline posting videos online

Britney Spears’ lawyer, Mathew Rosengart, is coming to his pop star client’s defense after her ex-husband Kevin Federline leaked videos of her allegedly arguing with her teenage sons.

“Britney Spears is a brilliantly talented, extremely hardworking icon, who is rightfully beloved and respected by millions around the world,” the former federal prosecutor exclusively told Page Six.

“The same, unfortunately, cannot be said about Mr Federline, who for reasons that are inexplicable, decided to give a gratuitous interview that has hurt the mother of his children.”

Mr Rosengart adds that the singer, 40, has “faithfully supported” sons Sean Preston, 16, and Jayden James, 15, and “loves them dearly”.

“Whether he realizes it or not, Mr Federline has not only violated the privacy and dignity of the mother of his children, he has undermined his own children, whose privacy he should protect,” the high-powered lawyer, who helped free Britney from her 13-year conservatorship, said.

“Putting aside his ITV interview, Mr Federline’s abhorrent, ill-advised decision to post an old video of his 11 and 12-year-old children was cruel, bottom of the barrel stuff.”

Mr Rosengart has also claimed in his statement to Page Six that Federline, 44, may have broken the law by posting videos in which Spears did not know she was being recorded, since California is a two-party consent state.

“In addition to demeaning himself and violating societal norms, he has now also created various legal issues for himself including, but not limited to, implicating cyber-harassment and cyber-bullying statutes, among other things,” the LA-based lawyer said.

I have told Page Six it has been his “honour” to work with Spears to “suspend her father as conservator, to help her gain her freedom and dignity, and to help protect her from the type of bullying she endured in the past – and we will not tolerate bullying in any area”.

Mr Rosengart also said he is working with Instagram to “ensure” that Federline “adheres to its rules and we are exploring all appropriate relief against him”.

“In the meantime, as Britney herself poignantly said, whatever is occurring between her and her boys should remain private,” he said. “We urge Mr Federline to act with a measure of grace and decency and to cease from publicly discussing private matters, which benefits no one.”

Federline’s lawyer did not immediately respond to Page Six’s request for comment on Mr Rosengart’s statement. Overnight, Federline deleted the three clips from his Instagram of him.

Just hours before, the former backup dancer, who was married to Spears from 2004 until 2007, shared the videos on his platform with the caption, “I cannot sit back and let my sons be accused in this way after what they’ve been through . As much as it hurts us, we decided as a family to post these videos.

“This isn’t even the worst of it. The lies have to stop. I hope our kids grow up to be better than this.”

A source from Spears’ camp exclusively told Page Six in response to the posts at the time, “Kevin is disgusting. He is weaponizing the kids by releasing the videos. But in these clips, Britney is just being a mum.”

The internet widely agreed, with people on social media commenting how Spears appeared to only be trying to discipline her children.

One person wrote, “The fact that Britney Spears has to remind her own kids that she is a WOMAN and she deserves RESPECT tells us all we need to know about Kevin Federline’s parental influence. That man is pure evil and he’s raised those kids in his image of him. Truly tragic.”

Another tweeted, “Dear Kevin Federline. You released a ‘scathing’ video of a mum being a mum. Sometimes mums – gasp – have reactions. They might discipline by taking things away or ask for respect. This is shocking but sometimes mums will argue with their kids.”

Spears herself gave insight earlier this week into how difficult it has been for her to co-parent with Federline after he shared in a preview for an ITV interview that Sean Preston and Jayden James have chosen “not to see” their mother for “a few months”.

The singer called the claims “hurtful” on Instagram, saying it “concerns” her. She added later that her sons de ella would act “hateful” towards her when visiting.

This story originally appeared on Page Six and is republished here with permission

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Categories
Australia

Bandicoot numbers boom in Dunbogan and Camden Haven after 2019 bushfires

Residents in the township of Dunbogan on the NSW Mid North Coast have been noticing an increasing number of small, conical holes appearing in their gardens and lawns.

They are created each night, under the cover of darkness, and those in the know are quick to point out what’s been digging around.

Bandicoots are experiencing a boom in the town and surrounding Camden Haven region, south of Port Macquarie.

Andrew Marshall, with the National Parks and Wildlife Service (NPWS), lives on a rural property near Dunbogan and sees the small nocturnal marsupials outside his home most evenings.

He said it was the highest number of bandicoots he had seen in decades and the increase came after the region’s severe 2019 bushfires.

“In the past couple of years, it’s been very evident there has been a massive increase in the number of bandicoots … probably three to five-fold on the numbers we were seeing before the fires,” he said.

Mr Marshall said conditions after the fires had allowed bandicoots to thrive.

A small mammal with long nose and little arms standing upright spotlighted by flash in dark
A long-nosed bandicoot, which is among those being spotted in larger numbers in the Camden Haven region.(Supplied: Barbara Wilson)

“The bush has come back after the fires; the undergrowth is really dense and I think the bushfires probably also removed a large number of the local predatory animals,” he said.

“Things like foxes and feral cats, and the fires have potentially also displaced things like dingoes or wild dogs.

“In the coastal strip, where I am, the species that are doing really well include the northern brown bandicoot and we occasionally also see the long-nosed bandicoot.”

New green shoots emerge on a blackened eucalypt tree.
New growth is already emerging in the Lake Innes Nature Reserve.(ABC Mid North Coast: Emma Siossian)

Species adapts after hardship

Professor in Ecology at the University of Sydney Chris Dickman said certain bandicoot species typically did well after bushfires.

“It has been observed before, there have been some studies in the Top End and also the Myall Lakes area and in Victoria,” he said.

A small brown marsupial among barks on the ground.
A southern brown bandicoot.(Supplied: Ken Stepnell, Department of Planning and Environment)

Professor Dickman said the northern brown bandicoot in particular readily adapted to different environments.

“It does well after fires … it occurs from north of the Hawkesbury all up the east coast and across the top end to the Kimberley,” he said.

“They are quite mobile and very opportunistic.

“After a fire has gone through it opens up the habitat and provides new food sources that animals like bandicoots can access.

“The heavy rains [on the Mid North Coast] after the fires have probably also led to an increase in the complexity and density of the undergrowth and an increase in food sources.

“The bandicoots can move in and do quite well, that is if there aren’t many foxes and cats in the area.”

Professor Dickman said monitoring elsewhere in NSW had shown predators were not bouncing back as quickly after the 2019-20 fires.

“In some areas, like the Blue Mountains, there’s been a lot of monitoring happening after the big fires. Fox and cat activity hasn’t seemed to be as extensive after the fires as we might have expected,” he said.

Prolific breeders

Two eastern barred bandicoots being held in humans hands
The eastern barred bandicoot remains on the endangered species list but new populations are thriving after successful breeding and release programs.(Supplied: Zoos Victoria)

Professor Dickman said when conditions were right, bandicoots were also prolific breeders.

“They can produce three, four, even five litters a year and have a gestation period of just 12 or 13 days — incredibly short,” he said.

“They give birth to these baked-bean-sized youngsters that attach in the pouch and within a couple of months they are weaned, and the female is free to breed again.”

Learning to live with bandicoots

Professor Dickman said it was encouraging to see some east coast bandicoot species thriving, as other species had not fared so well.

“The east coast bandicoots are doing pretty well in general, including the northern brown bandicoot and common long-nosed bandicoot, and the southern brown bandicoot, which is not doing quite so well, but is still about in reasonable numbers from Sydney and south into Victoria and South Australia,” he said.

A small round hole in a sandy dirt.
A bandicoot hole at a Dunbogan nature reserve.(Supplied: Suzanne Siossian)

“Those species are exceptional because bandicoots, as a group, have done exceptionally poorly over the past couple of hundred years, with many species pushed to extinction.”

While not everyone enjoys having bandicoots in their backyard, Mr Marshall said they did a great job removing pests and turning the soil, helping plants regenerate.

“The bandicoots are digging up other grubs and insects, which would otherwise be damaging my garden,” he said.

“They leave the little conical holes and piles of dirt as a reminder they are there but, at the same time, the ground is pretty healthy.

“I’m happy to have bandicoots in my garden.”

dunbogan nature reserve
Bandicoots are often spotted at this Dunbogan nature reserve and experts say they help keep the vegetation healthy.(Supplied: Suzanne Siossian)

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Categories
US

Merrick Garland: DOJ filed motion to unseal Mar-a-Lago warrant and property receipt

Garland also said he “personally approved the decision to seek a search warrant in this matter.”

I have noted that the department did not comment on the search on the day that it occurred. I pointed out that the search was confirmed by Trump that evening. He said that copies of the warrant and the warrant receipt were provided to the Trump lawyers who were on site during the search.

“The Department filed the motion to make public the warrant and receipt in light of the former president’s public confirmation of the search, the surrounding circumstances and the substantial public interest in this matter,” Garland said. “Faithful adherence to the rule of law is the bedrock principle of the Justice Department and of our democracy. Upholding the rule of law means applying the law evenly without fear or favor. Under my watch, that is precisely what the Justice Department is doing. “

The statement comes after days of silence from the Justice Department with regard to the search, as is the department’s normal practice for ongoing investigations. Garland stressed that some of the department’s work must happen outside of public view.

“We do that to protect the constitutional rights of all Americans and to protect the integrity of our investigations,” he said, while explaining that he would not provide more detail about the basis of the search.

Trump and his legal team have not yet reached a decision on how to respond to the Justice Department’s motion to unseal the warrant, a source familiar with their thinking told CNN.

In a pair of posts to Truth Social following Garland’s statement, Trump continued to claim that his attorneys were “cooperating fully” and had developed “very good relationships” with federal investigators prior to Monday’s search at Mar-a-Lago.

“The government could have had whatever they wanted, if we had it,” Trump said. “Everything was fine, better than most previous Presidents, and then, out of nowhere and with no warning, Mar-a-Lago was raided, at 6:30 in the morning, by VERY large numbers of agents, and even ‘safecrackers. ‘”

The Justice Department has been instructed by the court to confer with Trump about his request to unseal certain warrant documents from the FBI Mar-a-Lago search and to tell the court by Friday 3 pm ET if he opposes their release.

Justice Department asks court for documents to be released

The FBI executed a search warrant Monday at the Palm Beach, Florida, resort as part of an investigation into the handling of presidential documents, including classified documents, that may have been brought there.

Newly filed court documents outline what the Justice Department has officially moved to do Thursday.

“On August 8, 2022, the Department of Justice executed a search warrant, issued by this Court upon the requisite finding of probable cause… at the premises located at 1100 S. Ocean Blvd., Palm Beach, Florida 33480, a property of former President Donald J. Trump,” the motion reads.

“At the time the warrant was initially executed, the Department provided notice directly to former President Trump’s counsel. The Department did not make any public statements about the search, and the search apparently attracted little or no public attention as it was taking place. Later That same day, former President Trump issued a public statement acknowledging the execution of the warrant.In the days since, the search warrant and related materials have been the subject of significant interest and attention from news media organizations and other entities,” the Justice Department writes.

DOJ then argues for unsealing the search warrant, citing “the intense public interest presented by a search of a residence of a former President.”

Attorney General Merrick Garland speaks on FBI search of Trump's Mar-a-Lago

The filing confirms that the search warrant was “signed and approved by the Court on August 5.” On Thursday, the DOJ filed “the redacted Property Receipt listing items seized pursuant to the search,” according to its unsealing motion.

“Former President Trump, through counsel, was provided copies of each of these documents on August 8, 2022, as part of the execution of the search,” the filing adds.

Earlier this year, officials from the National Archives arranged the retrieval of 15 boxes of presidential documents from Mar-a-Lago. In June, federal investigators served a grand jury subpoena and took away sensitive national security documents.

Then, according to sources, prosecutors developed evidence that there were potentially classified documents with national security implications remaining at the property.

FBI officials under attack

Republican lawmakers have lashed out at the department, calling the search politically motivated. Several lawmakers on the right have called for increased oversight of the department, and some have even suggested defunding the FBI or that agents planted evidence at the Florida estate.

Violent threats also have exploded online since the search. Posters have written things like “Garland needs to be assassinated” and “kill all feds.” The biography and contact information of a federal magistrate judge who appears to have signed the search warrant used to execute the search at Mar-a-Lago has been wiped from a Florida court’s website after he too became the target of violent threats.

In a message reviewed by CNN on Thursday moments ahead of the public statement, FBI Director Chris Wray told the bureau’s employees their “safety and security” was his “primary concern right now.”

Feds removed documents from Mar-a-Lago in June with grand jury subpoena

“There has been a lot of commentary about the FBI this week questioning our work and motives,” Wray said. “Much of it is from critics and pundits on the outside who don’t know what we know and don’t see what we see. What I know — and what I see — is an organization made up of men and women who are committed to do their jobs professionally and by the book every day; this week is no exception.”

In his public comments, Garland also called out the “unfounded attacks on the professionalism of the FBI and Justice Department agents and prosecutors.”

“I will not stand by silently when their integrity is unfairly attacked. The men and women of the FBI and the Justice Department are dedicated patriotic public servants,” he said. “Every day, they protect the American people from violent crime, terrorism and other threats to their safety while safeguarding our civil rights. They do so at great personal sacrifice and risk to themselves. I am honored to work alongside them.”

This story and headline have been updated with additional developments.

CNN’s Kaitlan Collins and Gabby Orr contributed to this report.

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Categories
Business

The Overnight Report: Hold Your Breath

Daily MarketReports | Aug 10 2022

This story features NATIONAL AUSTRALIA BANK LIMITED, and other companies. For more info SHARE ANALYSIS: NAB

World Overnight
SPI Overnight 6892.00 – 39.00 – 0.56%
S&P ASX 200 7029.80 + 9.20 0.13%
S&P500 4122.47 – 17.59 – 0.42%
Nasdaq Comp 12493.93 – 150.53 – 1.19%
DJIA 32774.41 – 58.13 – 0.18%
S&P500 VIX 21.77 + 0.48 2.25%
US 10-year yield 2.80 + 0.03 1.16%
USD Index 106.30 – 0.09 – 0.08%
FTSE100 7488.15 + 5.78 0.08%
DAX30 13534.97 – 152.72 – 1.12%

By Greg Peel

One More Sleep

A choppy session in a tight range for the ASX200 yesterday ended with the third session in a row of little net movement, ahead of tonight’s US CPI. Not that there weren’t some definitive sector moves.

The banks fell -0.8% after a quarterly update from National Bank ((NAB)) disappointed. NAB blamed the erosion of higher rate benefits in the period due to competition, and higher expenses required to address regulatory concerns about suspected breaches of anti-money-laundering and counterterrorism financing laws undermining earnings. NAB shares fell -2.9%.

Had it not been for NAB it would have been a more positive session. Aside from a small fall in staples (-0.2%) and some give-back in utilities (-0.8%), every other sector closed in the green.

This time it was not about resources, given energy and materials each rose only 0.1%.

The standout was communication services (+1.8%) and it had little to do with Telstra, rather a 6.7% jump for REA Group ((REA)) on its earnings result, 5.9% for major REA stakeholder News Corp ((NWS)) , 9.0% for rival Domain Group ((DHG)) and 2.6% for Domain stakeholder Nine Entertainment ((NEC)).

But let us not get carried away. REA’s growth reflected the boom in housing over the period ahead of the beginning of the downturn as the RBA released the rate hike dogs. REA does not expect a repeat performance this half.

Communication services was also increased by a 10.0% pop for Megaport ((MP1)) on result.

Consumer discretionary surprisingly rose 1.4% despite the Westpac consumer confidence index falling to 81.2 this month from 83.8 in July (100-neutral). Confidence is now down -23% since November.

(Apologies that this release was slotted in for today on our calendar. The Westpac survey is ALWAYS on the Wednesday following the NAB business survey on the Tuesday, but for some reason wasn’t this month.)

Conditions have improved for Australian business, with the NAB survey for July showing a 6 point increase from June in conditions to +20 (zero-neutral) along with a 5 point increase in confidence to +7. The drivers have been identified as strong demand and a very tight labor market.

Strength in REA’s numbers appeared to flow over to the real estate sector (+1.2%), while technology ignored the Nasdaq and rose 1.7%.

The S&P500 fell -0.4% last night but our futures are showing down -0.6%, or -39 points this morning, despite some strong gains in base metal prices.

Recent history suggests that seemingly oversized moves in the futures reflect hedging of a big order set to hit the physical market in the morning. T’would be a bold move ahead of tonight’s CPI, or maybe it’s a square-up for safety’s sake.

Inflation Consternation

It is widely assumed tonight’s US headline CPI will come in lower than June’s 9.1%, confirming a peak in inflation may have been seen, given falls in oil prices, various commodity prices (from copper to lumber) and freight costs. But Wall Street may not be too happy if that dip is only minimal.

Moreover, it is also expected the core CPI, ex food and energy, could actually tick up, and this is more pertinent for the Fed.

The problem is the biggest component of the index is rent, and rents have continued to rise with US mortgage rates, despite an apparent rollover in the housing market, due to higher mortgage rates. As I have noted before, rents can quickly go up but will not quickly come down unless an economic slump leads to vacancies. With unemployment at historical lows, mass vacancies are unlikely.

Wall Street posted another session last night that was largely stable ahead of the CPI, otherwise impacted by more falls in the chip sector dragging down both the Nasdaq and S&P500.

On Monday night heavyweight sector Nvidia fell -6.3% after warning of lower revenues ahead due to supply chain problems and a fall-off in gaming demand. Last night peer Micron fell -3.7% after echoing Nvidia completely. Nvidia fell another -4%.

While these falls are not massive, problems in the chip business resonate across the wider tech sectors, including the Mega-Techs.

The moves come on the day the president signed the CHIPS Act into law, which green lights subsides and incentives to build chip manufacturing facilities in the US. Like chipmaker Intel, Micron also has plans ready for construction of such a facility, but like Intel, no spade has yet broken the ground. The benefits will be long term.

So looking ahead tonight, the fundamental issue will be whether Wall Street becomes more certain the Fed will go another full 75 points in September, or the 50 hinted at by Jerome Powell. The strong July jobs number has already provided concern.

The US will see another jobs number and another CPI result before then.

commodities

Spot Metals, Minerals & Energy Futures
Gold (oz) 1793.90 + 4.70 0.26%
Silver (oz) 20.51 – 0.14 – 0.68%
Copper (lbs) 3.58 + 0.00 0.09%
Aluminum (lb) 1.21 + 0.01 0.61%
Lead (lbs) 0.99 + 0.02 2.33%
Nickel (lb) 9.85 + 0.10 1.01%
Zinc (lbs) 1.69 + 0.10 6.31%
West Texas Crude 90.50 – 0.26 – 0.29%
Brent Raw 96.40 – 0.32 – 0.33%
Iron Ore

109.28 – 1.67 – 1.51%

Glencore’s warning last week that it would have to cut back production at its zinc smelters due to too-high energy costs is continuing to resonate across the base metal spectrum.

The Aussie is down -0.2% at US$0.6968.

Today

The SPI Overnight closed down -39 points or -0.6%. If it comes to pass that would take the ASX200 back below 7000.

Ahead of tonight’s US numbers, China will report July inflation data today.

Commonwealth Bank ((CBA)) and Mineral Resources ((MIN)) are among those reporting earnings today.

The Australian share market over the past thirty days…

BROKER RECOMMENDATION CHANGES PAST THREE TRADING DAYS
AMC Amcor Downgrade to Equal-weight from Overweight Morgan Stanley
asx asx Downgrade to Lighten from Hold Ord Minnett
IPC Century Industrial REIT Upgrade to Outperform from Neutral Credit Suisse
DHG Domain HoldingsAustralia Downgrade to Neutral from Buy citi
NVA Evolution Mining Downgrade to Neutral from Buy UBS
IPL Incitec Pivot Upgrade to Overweight from Equal-weight Morgan Stanley
LOV Lovisa Holdings Downgrade to Neutral from Buy UBS
OZL OZ Minerals Upgrade to Accumulate from Lighten Ord Minnett
Downgrade to Hold from Add Morgan’s
RBL Redbubble Upgrade to Buy from Neutral UBS
OER REA Group Downgrade to Neutral from Buy citi

For more detail go to FNArena’s Australian Broker Call Report, which is updated each morning, Mon-Fri.

All overnight and intraday prices, average prices, currency conversions and charts for stock indices, currencies, commodities, bonds, VIX and more available on the FNArena website. Click here. (Subscribers can access prices on the website.)

(Readers should note that all commentary, observations, names and calculations are provided for informative and educational purposes only. Investors should always consult with their licensed investment advisor first, before making any decisions. All views expressed are the author’s and not by association FNArena’s – see disclaimer on the website)

All paying members at FNArena are being reminded they can set an email alert specifically for The Overnight Report. Go to Portfolio and Alerts on the website and tick the box in front of The Overnight Report. You will receive an email alert every time a new Overnight Report has been published on the website.

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Categories
Technology

How to back up worlds in Minecraft: Bedrock Edition

Sometimes Minecraft players require the ability to make a copy of or “back up” a given world for various reasons. They may be transferring their world to a new device, or perhaps they simply want to copy a world before they make alterations to it, in case they make a mistake.

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For Minecraft: Bedrock Edition players, the process of backing up a world is made incredibly easy and should only take a few moments. Once players back up their world, they’re free to do whatever they want with it, and can even import the backup to a server or realm if they’d like. Regardless, players can find a quick guide to backing up their world in Bedrock Edition below.


Minecraft: How to back up a world in Bedrock Edition step-by-step

Minecraft Bedrock's create/edit world menu (Image via Mojang)
Minecraft Bedrock’s create/edit world menu (Image via Mojang)

It goes without saying that before Minecraft players can back up a given world, they’ll need to have one made first. It’s also possible to back up worlds obtained elsewhere such as the Minecraft Marketplace or from the World Export function via Realms.

As long as the world is accessible from a player’s play menu, they’ll be able to back it up all the same. Furthermore, once the backup is created, it’ll be accessible from the play menu the same as any other world, providing easy access.


How to Back Up Your Bedrock Edition World

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  1. Open the game and click the play button on the main menu.
  2. By default, players will be brought to their world list. Find the world you’d like to back up and click the pencil icon next to the world’s name.
  3. In the world settings menu, scroll down the right window all the way to the bottom. Here, players should find multiple buttons including the export, copy, and delete world buttons.
  4. If players would like to make a standard backup to use in the game that’s currently running, simply click the Copy World button. Doing so will create a localized copy that players can access alongside the main world.
  5. If the players need their world transferred to a different device, select Export World. This will convert the world into a .MCworld file which can then be transferred to another device running Bedrock Edition.

However, it should be noted that the console version of Minecraft: Bedrock Edition does not contain the export world function. This is due to most consoles not permitting file browsers on their hardware, so players would have no way of exporting the file and then moving it.

Players who have homebrewed their console may be capable of manipulating the game’s files and can back the world up manually, but homebrewing tends to be against a console manufacturer’s policy and will void its warranty.

If players have a .MCworld file that they’d like to transfer, it should be placed in a reliable location. As a next step, open the game, press the play button and select Import World. Players should then be able to browse to the .MCworld file’s location and import the world to a new device.


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Categories
Entertainment

Anne Heche in ‘dire’ condition, had cocaine in system

Anne Heche was allegedly under the influence of cocaine and possibly fentanyl at the time of her horrific car crash last Friday.

Los Angeles Police Department sources told TMZ that the actress’ blood test results came up positive for both substances.

However, the law enforcement insiders cautioned that fentanyl may have been administered to Heche at the hospital to help manage her pain after the accident, so they will do more testing to determine whether the fentanyl was in her system at the time of the crash, Page Six reports.

The actress, 53, was not under the influence of alcohol, reports TMZ, despite a photo taken shortly before the accident that showed a red-capped bottle in her car’s cupholder.

Additionally, the outlet described her condition as “dire,” as she has “not improved” since being admitted to hospital.

Heche’s “close friend” echoed those sentiments, telling the Daily Mail she is “in terrible condition” and that “the smoke inhalation is life-threatening”.

The friend requested that people “please pray” for the actress, saying: “Only God can save her now.”

The LAPD did not immediately respond to Page Six’s request for comment, and a rep for the actress declined to comment.

On Wednesday, officials escalated their investigation to a felony DUI after the woman whose home Heche crashed into claimed she was injured and needed medical assistance as a result.

Page Six confirmed on Monday that the department had obtained a warrant to test the actress’ blood to determine whether she was under the influence of alcohol and/or drugs when she crashed her blue Mini Cooper into the woman’s LA home, igniting a massive fire.

Later that day, her rep told us she was “in critical condition.”

“Shortly after the accident, Anne Heche became unconscious, slipping into a coma,” her spokesperson shared.

“She has a significant pulmonary injury requiring mechanical ventilation and burns that require surgical intervention.”

It’s unclear how much progress doctors have been able to make.

This story originally appeared on Page Six and is republished here with permission

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Categories
Sports

Barcelona signings, news, debt, how did Barcelona sign players? Spotify sponsorship, Frenkie de Jong latest

Barcelona’s attempts to establish themselves once again as a force in La Liga and the Champions League this season have seen the heavily-indebted Catalans gamble with their future to enable a striking summer spending spree.

A year after being forced to let Lionel Messi go as eye-watering reported debts of 1.35 billion euros (A$1.96 billion) crippled the club, Barcelona have spent 153 million euros (A$222m) on transfer fees alone to strengthen their squad, with Robert Lewandowski the most notable new arrival.

“This is a really exciting season. Nothing would give me more pleasure than to make all the fans happy,” coach Xavi Hernandez said before last weekend’s 6-0 friendly win over Mexican side Pumas UNAM.

“That means winning trophies. That is our main objective.”

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After three years of struggles, on and off the field, the summer has seen hope return to the Camp Nou, with president Joan Laporta talking of an exciting “new era” when the club unveiled Lewandowski as a Barcelona player.

“Euphoria” was the headline on the cover of local daily Sport the same day. Even partisan Madrid-based sports daily Marca admitted that Barca were “frightening” in the wake of their drubbing of Pumas UNAM last weekend, when Lewandowski scored his first goal since his arrival from Bayern Munich.

Yet how Barcelona have gone about raising the funds to sign Lewandowski, as well as centre-backs Jules Kounde and Andreas Christensen, AC Milan midfielder Franck Kessie, and Leeds United’s Brazilian winger Raphinha have raised eyebrows.

Faced with severe limits on spending in order to comply with La Liga’s financial controls, Barcelona knew they needed to raise money quickly to be able to invest in any signings and, crucially, to register any new players.

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– PULLING ‘LEVERS’ –

They quickly set about selling off assets to bring in money by activating a series of what have been called economic “levers”.

The club sold 25 per cent of their domestic television rights for the next quarter of a century to US investment firm Sixth Street for some 400 million euros.

Barcelona sold 24.5 per cent of Barca Studios, which manages the club’s digital business and audiovisual productions, to Socios.com for 100 million euros on August 1, and then another 25 per cent to US investment firm GDA Luma for 100 million euros more.

In the space of a few weeks, 600 million euros had been brought in to fill the coffers.

The aim was to clean up the club’s finances, make it possible to increase the salary limit set by La Liga and allow the new signings to all be registered for the start of the season.

On top of that, Barca signed the biggest sponsorship deal in their history with Spotify, bringing in a reported 435 million euros for the music streaming giant to feature on the club’s shirts and to have naming rights to the Camp Nou.

All up, that series of deals totals 1 billion euros – so Barcelona look well placed to become serious title contenders again as they prepare to host Rayo Vallecano this weekend.

Only time will tell if mortgaging part of the club’s assets in exchange for an immediate influx of cash will bear fruit.

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– DE JONG TO LEAVE? –

Yet, Barcelona are still waiting for La Liga to allow them to register their five new signings, although they hope to be able to do so in time for the season starting this weekend.

They are also hoping to further ease their financial problems by reducing their wage bill.

The Catalans have been trying to persuade Frenkie de Jong to leave, with suggestions even made that a contract he signed in 2020 was not legal. The Dutch midfielder says he wants to stay.

FULL STORY: Barca threaten legal action over contract drama — Rumor Mill

Martin Braithwaite, Samuel Umtiti and Memphis Depay are also candidates to depart the Camp Nou, with the latter reportedly a target for Juventus.

On top of that, efforts have been made to persuade certain players, including Gerard Pique and Sergio Busquets, to accept wage reductions.

Barca’s “economic miracle”, as the press have called it, still has to be transformed into a footballing miracle.

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