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5 things you need to know today

  • Denmark has banned the wearing of face veils in public, joining France and other parts of Europe in outlawing the burqa and the niqab worn by some Muslim women. Parliament voted on Thursday for the law proposed by the centre-right government which said face veils were contrary to Danish values. Opponents say the ban, that comes into effect on August 1 infringes women's right to dress as they choose. Justice Minister Soren Pape Poulsen said police would not order offenders to remove their veils, but would fine them and tell them to go home. Fines will range from 1,000 Danish crowns ($207) for a first offence to 10,000 crowns for the fourth violation.
  • Online retail giant Amazon will block Australian consumers from its global sites to counter new laws to force it to collect the good and services tax on transactions. From July 1 when the new GST regulations begin, Australian consumers shopping on Amazon international sites will be redirected to the local Australian site. Consumer campaigner Christopher Zinn said shoppers will notice a significant reduction in options when browsing the internet for goods.

  • Pauline Hanson has been humilated on live television after her former ally Brian Burston questioned the future of her Senate team. Senator Burston has begun seeking a new political home after a row with Senator Hanson over the Turnbull government’s company tax cuts, making it clear his position in One Nation is now terminal. “This isn’t the first time Brian has stabbed me in the back, and it hurts me. "It hurts me deeply because … it means so much to me, what I’m trying to do" Hanson said.

  • US President Donald Trump has reignited fears of a trade war — this time with America's key trading partners. The Trump administration has slapped tariffs on imported steel and aluminium from the European Union, Mexico and Canada, which have all indicated they will retaliate against the United States.

  • In markets, The Dow Jones index plunged by 252 points, or 1%, to 24,416. The S&P 500 fell 0.7%t, while the Nasdaq is down 0.3%. The European markets took a hammering with the German DAX being the worst affected falling 1.4%. The FTSE also fell 0.2% at 7,678 and the Euro Stoxx 50 also fell 0.8% to 3,415.

Published on: Friday, June 01, 2018

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