World News

China’s central bank increased its gold reserves by 23 tonnes in September, the largest monthly acquisition since October 2023, bringing total holdings to approximately 2,410 tonnes. This move aims to reduce reliance on US dollar assets amid rising geopolitical and financial risks, with private demand for gold also soaring as households seek secure savings options.

Louisiana lawmakers have approved a congressional map favouring Republicans, removing one majority-Black district following a Supreme Court ruling that deemed the previous map an illegal racial gerrymander. The new boundaries aim to increase Republican representation in the state’s congressional delegation. Legislative approval was secured with a 28-to-10 Senate vote.

An Australian court has scheduled an appeal hearing for Erin Patterson, convicted of murdering three family members with toxic mushrooms, to take place on 19-20 August. Patterson’s lawyers claim a “substantial miscarriage of justice” occurred during her trial. Prosecutors are also appealing her life sentence, citing its inadequacy.

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