Sam Dastyari contradicted South China Sea policy a day after Chinese donor’s threat

Four Corners alleges billionaire Huang Xiangmo took exception to Labor’s stance on disputed territory and threatened to withdraw a $400,000 donation

The Labor senator Sam Dastyari contradicted Labor party policy on the South China Sea a day after influential Chinese billionaire Huang Xiangmo threatened to withdraw a promised $400,000 donation to the party, Four Corners has alleged.

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The global economy can recover faster if we avoid the obvious pifalls | Nouriel Roubini

The world economy faces some serious downside risks but at least we now know where the risks are and how to work around them

For the past two years, the global economy has been growing, but it has swung between periods of rapid expansion and deceleration. During this period, two episodes, in particular, caused US and global equity prices to fall by about 10%. Is a pattern emerging, or is a fitful global recovery set to stabilise?

The first episode came in August-September 2015, when many observers feared China’s economy was heading for a hard landing. The second episode, in January-February 2016, also stemmed from concerns about China. But investors were also increasingly worried about stalling US growth, collapsing oil and commodity prices, rapid interest rate hikes by the US Federal Reserve, and unconventional negative-rate monetary policies in Europe and Japan.

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Trump renews attack on courts and says: ‘I’m calling it a travel ban’

  • President says: ‘I am calling it what we need and what it is: a travel ban!’
  • Trump’s executive order has been blocked by a number of federal courts

In the aftermath of the London terror attack, Donald Trump on Monday returned the offensive over security and his attempted travel ban against people from six Muslim-majority countries.

Related: London attack: Corbyn says May should resign over police funding record – latest updates

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