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Australian billionaires Anthony Pratt and Gina Rinehart praise Trump in US newspaper ads ahead of inauguration | Donald Trump newsthirst.

Two of Australia’s richest people, Gina Rinehart and Anthony Pratt, have taken out newspaper ads in the US declaring their unswerving affection for the president-elect, Donald Trump, who will be inaugurated on Monday. Pratt’s full-page ad for Trump in the New York Times. Photograph: X Pratt’s advertisement in Sunday’s New York Times featured a map…

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China keeps benchmark lending rates unchanged as it contends with a weakening yuan newsthirst.

The central bank of the People’s Republic of China is responsible for formulating and implementing monetary policies, preventing and defusing financial risks and maintaining financial stability. Peng Song | Moment | Getty Images China left its benchmark lending rates unchanged Monday, as Beijing contends with a weakening yuan while awaiting policy clues from the incoming…

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Australian billionaires make $67,000 an hour, Oxfam says in call for tax on super-rich | Australian economy newsthirst.

Australia’s 47 billionaires take home an average of A$67,000 an hour, over 1,300 times more than the average Australian, new Oxfam analysis reveals, as the anti-poverty organisation calls for the major parties to tax the fortunes of the super-rich to tackle inequality. Using data from Forbes’ real-time billionaires list – which categorises billionaires in US…

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Biden posthumously pardons civil rights leader Marcus Garvey | Joe Biden newsthirst.

President Joe Biden on Sunday posthumously pardoned Black nationalist Marcus Garvey, who influenced Malcolm X and other civil rights leaders and was convicted of mail fraud in the 1920s. Also receiving pardons were a top Virginia lawmaker and advocates for immigrant rights, criminal justice reform and gun violence prevention. Congressional leaders had pushed for Biden…

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