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Thousands of Australians Without Power as Storm Alfred Lashes Queensland

A significant storm system, downgraded from a tropical cyclone, has left over 316,000 residents in Queensland without power due to damaging winds and heavy rainfall, particularly affecting the Gold Coast. Prime Minister Anthony Albanese has warned of serious conditions, including flash flooding and strong winds, while the Bureau of Meteorology predicts ongoing adverse weather patterns. As recovery efforts begin, the state is assessing the impact on schools and infrastructure, highlighting the community's resilience amidst the challenges.

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Cyclone Alfred Downgraded as Millions of Australians Stay Indoors Δ1.90

Ex-tropical cyclone Alfred has been downgraded to a tropical low as it approaches the southeast Australian coast, providing some relief to Brisbane residents who are expected to avoid the storm's worst impacts. Thousands have evacuated, and significant power outages are reported, along with warnings from officials about severe weather conditions expected to escalate in the coming days. Prime Minister Anthony Albanese highlighted the serious nature of the cyclone's effects, urging citizens to remain indoors as the storm continues to bring strong winds and heavy rainfall.

Cyclone Alfred Stalls Off Australia's East as Millions Brace for Impact Δ1.89

Cyclone Alfred stalled off Australia's east coast on Thursday, with officials shutting down airports, schools, and public transport while residents stockpiled supplies and sandbagged homes against flooding expected when the category-two storm hits. The Bureau of Meteorology revised its landfall forecast to Saturday morning near Brisbane, Australia's third-most populous city, bringing heavy rain, flooding, and damaging wind across the border regions of Queensland and New South Wales. Residents are bracing for a prolonged period of heavy rainfall and life-threatening flash flooding in northern New South Wales.

Cyclone Looms as Aussie Staple Disappears From Shop Shelves Δ1.81

Panic buying has struck supermarkets across South East Queensland amid forecasts of Tropical Cyclone Alfred crossing the east coast, leaving shelves bare of essential items like bottled water, eggs, milk, and bread. Supermarkets are struggling to keep up with demand for these staples, leading some customers to resort to panic buying in preparation for possible supply outages ahead of the category 1 system intensifying off the coast. As the cyclone approaches, residents are being urged to prepare for intense rainfall and damaging winds.

Centrelink $1,000 Cash Boost Announced for Aussies Impacted by Critical Event Δ1.79

The Australian government has announced plans to give one-off Centrelink payments of $1,000 to those affected by ex-Tropical Cyclone Alfred, targeting individuals who have been severely impacted by the disaster and require immediate financial assistance. The payment is expected to be activated as "expeditiously" as appropriate, with a focus on providing support to those who have lost their income and are unable to work due to the cyclone. The government aims to provide relief to those affected, including individuals, families, and businesses impacted by the disaster.

Cyclone Garance Strikes La Reunion, Claims Four Lives Δ1.78

At least four people died after cyclone Garance struck the French overseas territory of La Reunion on Friday, bringing wind speeds of up to 155 kph (96 mph), local authorities said on Saturday. The cyclone made landfall in the north of the Indian Ocean island, causing widespread damage and disrupting essential services such as electricity and water supply. The situation remains precarious, with thousands of residents being sheltered in centres and many more affected by the storm.

Cyclone Garance Brings Destruction to French Island of La Reunion Δ1.78

The cyclone made landfall in the north of the Indian Ocean island, causing widespread damage and disruption. Cyclone Garance brought strong winds that blew away roofs, cut power, and left many residents without access to drinking water. The storm has also disrupted essential services and transportation.

Floods in Indonesia's Capital Displace Thousands Δ1.76

Thousands of people were evacuated in Indonesia's capital Jakarta on Tuesday after floods swamped the region, officials said, with heavy rain expected to continue until next week. Torrential rain since Monday has triggered floods of up to 3-metres (yards) in and around Jakarta, blocking some roads and submerging over 1,000 houses and many cars. The country's weather agency warned that heavy rain is forecast to hit the capital and surrounding cities until March 11.

US Faces Devastating Losses for Weather Forecasts, Federal Workers Say Δ1.74

The National Oceanic and Atmospheric Administration (NOAA) has canceled leases for research centers and slashed its staff, resulting in "devastating" effects on the agency's operations. The federal agency that produces weather forecasts and leads research on climate and the oceans has plans to lay off around 50 percent of its staff. Current employees are warning that these cuts will have a significant impact on the accuracy and reliability of weather forecasts.

Argentina Floods Kill At Least 10 In Bahia Blanca Port City Δ1.73

Severe flooding in Bahia Blanca, Argentina, triggered by heavy rainfall, has resulted in at least 10 fatalities and significant destruction, including collapsed roads and bridges. Over 260 millimeters of rain fell in just a few hours, prompting extensive evacuations and the deployment of military resources to assist affected residents. The Argentine government has allocated 10 billion pesos in financial aid to support recovery efforts in the port city, which houses around 300,000 people.

Aussie Fashion Retailer Collapses Amid Cost-of-Living Crisis Δ1.72

Ally Fashion has shut down nearly a third of its stores across the country, with 250 jobs lost. The closures mean 51 retail stores have ceased operating, including 19 in Queensland, 11 in New South Wales, eight in Victoria, seven in South Australia and six in Western Australia. Following an urgent assessment by liquidators, the business will continue to operate in the short term while exploring options for restructuring or sale.

Western Australia Polls to Test Popularity of Albanese's Party Δ1.72

The state of Western Australia will hold its final political contest before Prime Minister Anthony Albanese calls a national election, with the outcome expected to influence his re-election prospects. Albanese's Labor party is widely favored to win, but the conservative opposition Liberal party hopes to weaken their grip on power and pressure the Prime Minister. The ruling party has maintained a strong presence in the state parliament, with Premier Roger Cook likely to secure a third consecutive term.

Power Largely Back After Outage Hit Honduras Δ1.71

Power was largely back in Honduras early Saturday afternoon, after a blackout struck the country earlier, Ministry of Energy Erick Tejada said. The national power disruption affected Honduras with a total blackout in the control area of the country, but 90% of energy demand is now reportedly restored. Information is still being gathered to find the origin of the failure that led to the outage.

Greek Government Faces No-Confidence Vote Over Deadly 2023 Train Crash Δ1.71

The Greek government faces a no-confidence vote this week over a deadly 2023 train disaster, days after protests brought the country to a standstill to press their demands for political accountability. Hundreds of thousands of people took to the streets on Friday to mark the second anniversary of the country's worst rail crash, demanding justice for the victims. Fifty-seven people, most of them students, were killed in the disaster.

Chancellor Set to Cut Welfare Spending by Billions Δ1.71

The chancellor has earmarked several billion pounds in draft spending cuts to welfare and other government departments ahead of the Spring Statement. The Treasury will put the proposed cuts to the government's official forecaster, the Office for Budget Responsibility (OBR), on Wednesday amid expectations the chancellor's financial buffer has been wiped out. Sources said "the world has changed" since Rachel Reeves's Budget last October, when the OBR indicated she had £9.9bn available to spend against her self-imposed borrowing rules.

Rachel Reeves' Plan for Economic Stability Faces Challenges Δ1.70

The UK Chancellor will unveil her Spring Statement on 26 March, presenting an update on economic forecasts and making key announcements about borrowing, spending, and taxation. The Office for Budget Responsibility's forecast is expected to confirm that the financial buffer set by the chancellor has been wiped out, leaving room for potential policy changes. The government is under pressure to address sluggish economic growth and rising inflation, with some reports suggesting possible tax rises or spending cuts.

Layoffs at Noaa to Put American Lives at Risk Δ1.70

Scientists warn that Trump administration's firing of hundreds of workers at NOAA will put lives at risk and stifle crucial climate research.The layoffs at the agency, which provides critical information on weather emergencies, include scientists working on data for forecasts among those fired.NOAA's work spans climate modeling, radar system maintenance, and more.In addition to everyday forecasting, NOAA provides crucial information to help Americans survive weather emergencies.The cuts come at a time when scientists say climate change is increasing the intensity and frequency of hurricanes, tornadoes, flooding, and wildfires.

New Zealand's Economic Missteps Hasten Exodus to Sunnier Shores. Δ1.70

New Zealand faces its worst economic downturn since 1991, with unemployment at a more than four-year high and companies going bust at the fastest pace in over a decade. The country's economy was the worst performing in the developed world last year, according to HSBC, and Australia has become a hot choice for kiwi jobseekers due to its better job prospects. Flawed data and policy missteps have worsened New Zealand's economic woes, leading many to seek opportunities elsewhere.

Australia's Housing Market Ends Downturn as Rate Cut Lifts Sentiment, Corelogic Data Shows Δ1.70

Australia's property market emerged from a shallow downturn in February as the first rate cut in over four years lifted buyer sentiment, although the still-high borrowing costs and elevated prices are clouding the outlook. Figures from property consultant CoreLogic showed prices across the nation rose 0.3% in February from January, ending three months of declines or no growth. The Reserve Bank of Australia has cautioned that any further easing will be gradual, with market pricing suggesting just two more rate cuts to 3.6% by the end of the year.

Avalanche Hits Indian Mountain State Trapping 41 Δ1.70

At least 41 people remain trapped under snow after an avalanche struck the Indian Himalayan mountain state of Uttarakhand, authorities said on Friday, following recent heavy snowfall in the region. The avalanche occurred near a highway in the state's Chamoli region, adjoining Tibet, and less than 5 km from the Hindu temple of Badrinath. At least sixteen workers had so far been rescued, but the search for the remaining three was ongoing due to rain and snowfall hindering rescue work.

Microsoft Resolves Global Outage Affecting Tens of Thousands Δ1.69

A global outage at Microsoft left tens of thousands of users unable to access their Outlook email accounts and other programs, with the issue affecting services such as Microsoft Exchange, Teams, 365, and Azure. The outage was most concentrated in major US cities including New York, Chicago, and Los Angeles. Microsoft has restored service after an investigation into the cause of the problem.

Fortifying the UK’s Energy Sector: The Cybersecurity Imperative in an AI-Driven Future. Δ1.69

The UK's push to advance its position as a global leader in AI is placing increasing pressure on its energy sector, which has become a critical target for cyber threats. As the country seeks to integrate AI into every aspect of its life, it must also fortify its defenses against increasingly sophisticated cyberattacks that could disrupt its energy grid and national security. The cost of a data breach in the energy sector is staggering, with the average loss estimated at $5.29 million, and the consequences of a successful attack could be far more severe.

Data, Waves and Wind to Be Counted in the Economy Δ1.69

Wind and wave power will be incorporated into national economic assessments for the first time, according to new changes approved by the United Nations. This update aims to reflect the growing importance of renewable resources and data as economic assets, which could potentially inflate the estimated size of economies like the UK's by 2-3% by 2030. While the changes are described as “tweaks” rather than a major overhaul, they may lead to increased government spending commitments based on a larger perceived economic base.

Aussie Dad Saving Money Through Solar Power Investment Δ1.69

An Aussie dad-of-two has shared how he is saving $200 off every electricity bill by investing in solar power. The Triffitt's installed solar panels and a battery on their home a few years ago, which has significantly reduced their energy bills. By making this investment, the family of four has not only saved money but also gained a backup option during power outages.

ATO’s $11 Billion Warning for These Aussie Taxpayers: ‘Moving Harder and Faster’ Δ1.69

The ATO is taking a firm stance against taxpayers who owe it $11 billion in total debt, deploying its "full powers" to collect priority tax owed by individuals and small businesses. The tax office aims to reduce the amount of debt owed by targeting those responsible for 1% of the total debt. By taking urgent action, the ATO seeks to recover a significant portion of the outstanding tax debts.

Rachel Reeves Has Set Herself a Fiscal 'Trap' Ahead of Spring Forecast, Think Tank Warns Δ1.69

Reeves' spring forecast could turn out to be more consequential than the non-event it was first billed as, according to the IFS. The UK chancellor's commitment to holding one major fiscal event per year may force her to choose between policy stability and her fiscal rules when a relatively minor downgrade to the economic forecasts emerges. Reeves' first budget last year left her with just £9.9bn in headroom to meet a goal of balancing day-to-day spending and tax revenues by the 2029-30 financial year.