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Australasia
Global debt at record $307tn as government borrowing surges
More than 80% of new debt came from mature markets like US, Japan and UK
Beijing. In emerging markets, the rise in debt has been more pronounced in China, India and Brazil. Bloomberg
Dr Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade and Damien O’Connor, New Zealand’s Minister of Trade. Photo: Ministry of EconomyUAE and New Zealand start preliminary talks over Cepa trade deal
Economy
US military Osprey aircraft fly in formation off the coast of Sydney in 2017. AFPUS military personnel killed in crash off Australian coast
Australasia
Qantas Airways' self check-in machines at Sydney Airport in Australia. The airline reported bumper profits on August 24. BloombergQantas swings to record profit on post-pandemic travel boom
Aviation
Adia has agreed to double its investment in Qualitas, an Australian real estate private credit company. ReutersAdia commits $451m to Australia's Qualitas as part of private credit push
Business
Australasia
EDITOR'S PICKS
Riyadh will host the Middle East and North Africa Climate Week, which seeks to build momentum ahead of the Cop28 summit. Photo: Four SeasonsCrucial climate event to begin in Saudi Arabia as Cop28 build-up continues
UAE
A high-speed train at the opening ceremony for South-East Asia's first high-speed railway at Padalarang station in Bandung, Indonesia. AP PIndonesia launches high-speed trains as UK's HS2 hits the buffers
UAE
Rana Hajirasouli speaks during the One Young World Summit 2023 in Belfast. PAUAE net-zero champion looks to reduce UK waste
UK
President Sheikh Mohamed with Senator Joni Ernst at Al Shati Palace on Friday. Photo: UAE Presidential CourtPresident Sheikh Mohamed receives US senator
UAE
IMF Managing Director Kristalina Georgieva in Abidjan, Cote d’Ivoire. Africa 'has tremendous potential resources, innovative capacity and youthful population', she said. AFPIMF’s Georgieva: ‘I know what it is to worry about feeding your child’
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