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John Farnham Tribute Concert Sells Out Rod Laver Arena on September 20
John Farnham tribute concert at Rod Laver Arena on September 20 features 120 artists including Celine Dion and Hugh Jackman. Farnham will not perform due to cancer surgeries but remains involved in the event raising funds for Head and Neck Cancer Australia.
Iran Strikes Tanker in Strait of Hormuz as Shipping Costs Hit $1M Per Day
Iran struck a Togo-flagged tanker in the Strait of Hormuz on September 18. Shipping costs have surged to $1.035 million per day, the first time exceeding seven figures, as geopolitical risk drives up insurance premiums and freight rates.
Senate Democrat Blocks Data Center Bill; Trump Pushes Thune for Floor Vote
Senate Democrat Martin Heinrich blocked the Ratepayer Protection Act on Thursday, saying the bill doesn’t go far enough to force data centers to pay for grid upgrades. Trump is now pushing Senate Majority Leader Thune to bring it to a floor vote.
German Diesel Hits Record €2.45 Per Litre as EU Weighs Windfall Tax
German diesel prices hit record €2.45/litre on September 18. SPD demands price cap from oil firms within 14 days or faces government intervention. EU finance ministers discuss windfall tax on energy companies.
Pentagon Weighs 25,000-Troop Pullout From Europe, September 18
Pentagon considers withdrawing 25,000 to 40,000 U.S. troops from Europe as Trump pushes NATO allies to spend more on defense. Final decision expected November 6.
Senate Democrat Blocks Data Center Bill, Halting Consumer Protection Measure
Senate Democrat Martin Heinrich blocked the Ratepayer Protection Act on September 17, saying the bill’s voluntary standards lack enforcement teeth. The House passed it 417-3 the day before.
Diddy’s Lawyers Quit $100M Case Over Six Months of Unpaid Fees
Sean Combs’ civil attorneys withdraw from $100M defamation case, alleging six months of unpaid fees and lack of cooperation. Combs disputes the charges.
Fed Hikes 25bps to 3.75%-4%, Hong Kong Follows With Rate Rise
Fed raises rates to 3.75%-4% for first time since 2023. HKMA hikes base rate to 4.25%. Inflation concerns drive unanimous decision despite Trump opposition.
Fed Raises Rates to 3.75%-4% for First Time Since 2023; Trump Demands 1%
The Federal Reserve raised interest rates to 3.75%-4% on September 16, 2026, the first hike since July 2023. Fed Chair Kevin Warsh cited elevated inflation and a strong economy. President Trump demanded rates be cut to 1% or lower.