Costco trimming its Christmas offerings as consumers pull back on spending

As the threat of a government shutdown looms, JD Vance expresses concern about the situation, while Mike Johnson calls for extended negotiations. This comes amid a meeting with Trump, where tensions rise as the vice-president claims Democrats are not cooperating. Additionally, the Trump administration is set to announce new policies aimed at boosting coal production, highlighting a push to revive the fossil fuel industry. This news is significant as it reflects ongoing political struggles and the administration's focus on energy policies amidst economic challenges.

Prime Minister Albanese has concluded his overseas visit with discussions in the United Arab Emirates, where he encouraged a local supermarket chain to challenge the existing duopoly in Australia's retail market. This move is significant as it could foster competition and potentially lower prices for consumers. Meanwhile, in Melbourne, police have charged several teenagers following a pursuit in the CBD, highlighting ongoing concerns about youth crime and public safety.

In a recent statement, US President Donald Trump criticized American allies for their decision to formally recognize the State of Palestine, labeling their actions as 'foolish.' This remark highlights the ongoing tensions in international relations regarding the Israeli-Palestinian conflict and raises questions about the future of US diplomacy in the region. Trump's comments could further strain relationships with allies who support Palestinian recognition, emphasizing the complexities of global politics.

Venezuelan President Nicolas Maduro has expanded his military powers amid rising tensions with the United States, which has deployed warships in the Caribbean. This move is seen as a response to what Maduro's government describes as an 'undeclared war.' The implications of this decree are significant, as it could escalate military readiness and further strain relations between Venezuela and the US, raising concerns about regional stability.

The recent unveiling of Trump's 20-point Gaza plan at the White House has left many details and timelines unclear, raising five significant questions about its implementation and impact. This matters because clarity on such a plan is crucial for understanding its potential effects on the region and international relations.

In a recent high-stakes meeting, Donald Trump and congressional Democrats discussed the looming government shutdown, but no significant breakthroughs were achieved. While Democrats expressed optimism about the talks, Republicans accused them of using the situation for political leverage. This ongoing standoff highlights the challenges in bipartisan negotiations and the potential impact on government operations, which could affect millions of Americans if a shutdown occurs.