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The 10 most important things in the world right now

Friday 20 April 2018

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The 10 most important things in the world right now

Here's what's happening on Friday.
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Australian recyclable waste is now going to the tip because of an import ban by China

A council in Queensland says it's going to send its recycleable waste to the tip.
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BAML says a flattening US yield curve won't stop the Fed from hiking rates

The US yield curve -- the difference between short and longer-dated bond yields -- is flattening fast.
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Australian inflation has been weak for years -- and economists reckon the start of 2018 was the same

Economists are forecasting an annual increase of 1.85% in the March quarter. 
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The banking industry says the royal commission evidence is 'sobering'

The banking industry has called behavior by the banks revealed in the financial services royal commission "unacceptable". 
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Valve, one of the world's biggest video games companies, just lost a major legal fight in Australia over a $3 million fine

Valve Corporation, the US-based video game developer and distribution business with more than 2.2 million subscribers in Australia, has lost its High Court challenge. 
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Hong Kong is so expensive that a single parking space just broke a property record

A car space in Hong Kong's Kowloon district is being rented for or HK$10,000 (US$1,274) a month. 
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Facebook doubled its European lobbying spend to $3 billion to handle crises like fake news and terrorism

Filings show Facebook shelled out a record amount on its European lobbying operations in 2017, doubling spend to $US3 billion. 
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8 common words you probably didn't know came from TV shows

TV shows like "Friends," "Saturday Night Live," "The Simpsons," and "Seinfeld" have made a lasting cultural impact. They even added words to the dictionary.

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