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The 10 most important things in the world right now Hello! Here's what's happening on Monday.

Bitcoin's illiquidity is going to be a huge problem when the bubble bursts Bitcoin is becoming more and more illiquid as time goes by. As more people buy bitcoin, the network becomes increasingly congested, and transaction times get longer.

Here's what economists are saying about Australia's budget update Australia's underlying cash deficit is now expected to stand at $23.6 billion for 2017/18, some $5.8 billion lower than the level forecast in May.

One of the most-shorted ASX stocks just got bought for $1.6 billion -- a 47% premium on its market cap One of the most shorted stocks on the ASX just got takeover offer at a big premium.

China has been building infrastructure for 'fully functioning bases' in the South China Sea New satellite photos show China is building a network of airbases, radar towers and missile defence systems.

Sydney was the only city in Australia where house prices fell last week Weekly data from CoreLogic showed Sydney house prices fell by 0.3%, with flat growth in Melbourne, Brisbane, Adelaide and Perth.

The father of VR sounds off on Silicon Valley, a #MeToo backlash, and why he left Google for Microsoft Widely recognised as a founding father of virtual reality, Jaron Lanier has been hugely influential in shaping the technology of today.

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