Landslide in south-western China’s Chongqing traps people under rubble, destroys buildings

Chinese state media is reporting that a large landslide has occurred in Chongqing, in the country’s south-west. Several residential buildings have been damaged and people have been buried under rubble, according to CCTV. Footage from the scene shows large boulders lying over a roadway amid collapsed buildings, including houses. People can be seen running from…

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Treasurer Jim Chalmers says AI central to raising productivity and lowering interest rates

Treasurer Jim Chalmers says artificial intelligence is central to his aim to turn around Australia’s lagging productivity, which could ultimately help lower interest rates.  Productivity and real wages growth have been generally stagnant in Australia for more than a decade, with business investment also generally weak, albeit with recent signs that capital expenditure is starting…

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