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United States: Effects of Stablecoin Yield Prohibition On Bank Lending

Executive Summary The GENIUS Act, signed into law in July 2025, requires stablecoin issuers to maintain reserves backing outstanding stablecoins on at least a one-to-one basis. Reserves may only consist of certain specified assets, including US dollars, federal reserve notes, funds held at certain insured or regulated depository institutions, certain short-term Treasuries and Treasury-backed reverse […]

United States: Peace Through Strength: Operation Epic Fury Crushes Iranian Threat as Ceasefire Takes Hold

President Donald J. Trump laid out clear objectives in Operation Epic Fury — and in just 38 days, the greatest fighting force the world has ever known has met those objectives with overwhelming strength and lethal precision. Iran has now agreed to a ceasefire and reopening the Strait of Hormuz as the Trump Administration negotiates a broader peace agreement — […]

Lydia and Wehan spent $50k on an ex-ambulance van instead of a house

Lydia and Wehan had a plan: travel Australia in a campervan for a few years, save up some money and buy a house.

The Western Australian couple just didn't anticipate just how difficult it would be to tick off all three items on their agenda.

Heading home after four years on the road, they discovered that re-entering the property market was not on the cards.

The solution? Stay on the road, and deck out an old patient transport van for $50,000 instead of a house.

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Lydia and Wehan living on the road

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"We previously had a four-bedroom, two-bathroom house in Perth, lived in that for probably a few years and then decided to take the leap, sell the house and fit out a van," UK-born Lydia told Nine.com.au.

"We also both had long commutes. It would be an hour train ride for me, leaving in the dark and coming back in the dark.

"And it just didn't feel rewarding or fulfilling, and when we sat down and talked about it, we both said: We want to travel, we want to see more, we want to get out there."

During their multiple laps around Australia in a different campervan, Lydia, 29, and Wehan, 28, ticked off every state and territory while living an impressively frugal lifestyle.

The pair spent around $64 per day, averaging under $2000 per month, during their last 595-day journey.

Most of the bigger expenses – particularly in recent weeks – are related to fuel and van insurance.

At first, they had planned to save enough cash to buy property again.

But that dream was quickly extinguished.

The median house price in the WA capital now sits at about $1.3 million, double what they paid in their early 20s.

Do you have a story? Contact reporter April Glover at our breaking newsletter here

The super-K flu strain is spreading fast – and that’s ‘extremely dangerous’

There's a horror flu season on the horizon as the new super-K flu strain spreads across Australia, and it may have already claimed several lives.

The fast-moving strain first emerged in the US, where it killed dozens of children before leaping to Australian soil.

The Royal Australian College of GPs (RACGP) has urged Australians to book in their annual flu shot as seasonal influenza and super-K strain infection numbers rise.

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Dire warning as 60 people potentially killed by Super-K flu strain

Bupa chief medical officer Dr Nic Woods said super-K has already driven unusually high per-winter flu activity, including a spike in recorded deaths in 2026.

"We cannot afford to be complacent or ignore the warning signs," he said in a statement.

"Super K is spreading earlier and faster than flu strains seen in previous seasons."

Woods said high flu activity combined with low vaccination rates will make this flu season "extremely dangerous and potentially deadly" for high-risk groups, like children and the elderly.

Here's everything you need to know about the new flu strain that experts are so worried about this flu season.

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What are the symptoms of super-K flu?

Though the super-K flu strain has undergone significant mutations, they mostly affect how the virus behaves and spreads, not its symptoms.

That means the symptoms of super-K flu are very similar to typical seasonal influenza symptoms.

Common symptoms include a cough or sore throat, headache, fever or chills, extreme tiredness, and body aches.

Symptoms usually come on suddenly and can worsen rapidly.

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How long does the super-K flu last?

The duration of a super-K flu infection can vary, much like a typical seasonal flu.

Some people only experience mild symptoms for a few days, while others may experience symptoms for a week or more.

When am I most contagious with the super-K flu?

You can be contagious before symptoms begin with any flu, including the super-K strain.

Most adults can be contagious from the day before symptoms start and remain contagious for three to five days.

Children tend to remain contagious longer, usually for the first seven to 10 days of their illness.

How bad is the super-K flu strain?

This is a difficult question to answer.

Research currently suggests that the super-K strain spreads very quickly, faster than typical seasonal influenza, which can make it challenging to contain.

However, the super-K strain does not appear cause more severe disease per infection.

That means while you may be more likely to come into contact with the strain this flu season, it is not guaranteed to cause more severe symptoms.

But the CSIRO reported that historically, flu seasons dominated by strains from the H3N2 have been linked to more severe outcomes at the population level.

That's why many scientists and health experts are urging Australians to get vaccinated.

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Does the flu shot work against super-K flu?

Because the super-K strain has mutated significantly, last year's flu vaccine may not be as effective at preventing super-K infection compared to existing flu strains.

However, the 2025 flu shot can still reduce the severity of symptoms.

Early data has shown that you're less likely to need a visit to the emergency department if you catch the super-k strain but have already received the flu shot.

But only one in three Australians were vaccinated against influenza last year.

This year's flu vaccine includes protection against the 'Super-K' variant, so the RACGP, CSIRO, and health organisations are urging Aussies to get jabbed.

How long should I stay home if I have the flu?

Anyone with the flu, be it super-K or another strain, should stay home and avoid close contact with others until they've recovered.

At a minimum, stay home for at least 24 hours after your fever breaks.

Avoid contact with pregnant women, infants, older people, and anyone with a compromised immune system while contagious.

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Jamaica: What children eat at school shapes obesity trends in Jamaica and the Americas

KINGSTON, Jamaica, Apr 8, CMC -Food environments in and around schools are influencing children’s diets and long-term health across Jamaica and the wider Caribbean, prompting the Pan American health Organization/and the World Health Organization (PAHO/WHO) to call for stronger school food policies. When  the lunch bell rings, Kayli and her schoolmates make their way to […]

Caribbean climate, environmental advocates confront future of Caribbean states

By Nelson A. King NEW YORK, Apr 8, CMC – Caribbean climate and environmental advocates say the region is once again confronting the enduring architecture of empire, now expressed through renewed militarism, economic coercion and ecological dispossession. As global powers escalate wars abroad and reassert dominance closer to home, the advocates said, during a virtual forum […]

‘Ketamine Queen’ gets 15 years prison for selling drugs that killed Matthew Perry

A federal judge on Wednesday handed down a sentence of 15 years in prison to a woman who pleaded guilty to selling Friends star Matthew Perry the ketamine that killed him in 2023.

US District Judge Sherilyn Peace Garnett gave the sentence to 42-year-old Jasveen Sangha. She became the third defendant sentenced of the five people who have pleaded guilty in connection with the overdose of the 54-year-old actor.

Perry's role as Chandler Bing on sitcom Friends in the 1990s and 2000s made him one of the biggest television stars of the era.

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Sangha is the only one whose plea deal included an acknowledgment of causing Perry's death.

Prosecutors had recommend a 15-year sentence. They cast her in court filings as a "Ketamine Queen" who had an elaborate drug operation catering to high-end clients to give herself a jet-setting lifestyle despite a life of privilege.

Sangha's attorneys said in their sentencing filing that the time she has spent in jail since her August, 2024 indictment should be sufficient. They pointed to her lack of a previous criminal record and exemplary behaviour as an inmate, as well as the unlikelihood she would return to a life of drug dealing.

Perry was found dead in the hot tub at his Los Angeles home. The medical examiner ruled that ketamine, typically used as a surgical anesthetic, was the primary cause of death.

Jasveen Sangha becomes the fifth and final defendant charged in the overdose death of Matthew Perry to strike a plea agreement with federal prosecutors.

Perry had been using the drug through his regular doctor as a legal off-label treatment for depression. But he sought more than the doctor would give him.

That at first led him to Dr. Salvador Plasencia, who admitted to illegally selling Perry ketamine and was sentenced to two-and-a-half-years in prison after prosecutors asked for three years. And it later led Perry to Sangha, who sold him 25 vials of ketamine, including the fatal dose, for $US6000 ($8500) in cash four days before his death, prosecutors said.

Another doctor, who admitted to providing Plasencia the ketamine he sold to Perry, was sentenced to eight months of home detention. Perry's assistant and his friend, who admitted acting as the actor's middlemen, are awaiting sentencing.

The judge said she is calibrating how to sentence each of the five defendants to make sense as a whole.

Matthew Perry's mum Suzanne Morrison and her husband Keith Morrison

Sangha pleaded guilty in September to one count of using her home for drug distribution, three counts of distribution of ketamine, and one count of distribution of ketamine resulting in death. She also admitted to selling drugs to another man, 33-year-old Cody McLaury, who had no connection to Perry, before his overdose death in 2019.

The prosecution said that despite Sangha's plea, she continued drug dealing, showing her lack of remorse.

Their sentencing filing says that in 2020, when she learned that the ketamine she sold McLaury contributed to his death, "She didn't care and kept selling".

In 2023, the filing says that when she learned she sold Perry the drugs that caused his death, "Her reaction was the same: she didn't care and kept selling".

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