Argentina's Economy Contracted in May for Third Time in 2025
Economic activity fell 0.1% from April, below economists' projections for growth of the same scale, while April's positive figure was revised down slightly. From a year ago, the economy expanded 5%, according to government statistics published Monday.
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30 minutes ago
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Text message 'proves' dinner bill foul play as woman left '$500 out-of-pocket': 'Birthday ruined'
Welcome to legal column where lawyers Alison and Jillian Barrett from Maurice Blackburn tackle problems everyday Aussies face — whether it be consumer, property, money matters impacting relationships or work. This week, splitting a dinner bill turned a birthday celebration sour.I went out for a birthday dinner to celebrate my birthday and pre-warned my friends it was going to be an expensive night. The food was a set menu which was $300 a head and then most people ordered drinks on top. When the bill came I paid it but mentioned that the cost would be split and everyone needed to transfer $400 to me. A few days later most people had sent me the money but two of my friends hadn't. I messaged them both separately and politely asked for them to transfer. One replied saying she thought dinner was on me as I'd paid the bill and she didn't have the funds to send me the money, then the other said she'd transfer for food but not the drinks as she didn't have any. I'm not only distressed that my birthday was ruined but I'm over $500 out of pocket. What can I do?It sounds like there is no confusion in your mind about the arrangement for the dinner – that you were to be reimbursed and the cost was to be split evenly between everyone. Quite often where money hasn't been repaid, a person will claim it was in fact a gift which does not need to be repaid. Usually there isn't anything in writing to confirm the agreement, but if you do have something in writing to your friends that haven't paid setting out the cost in advance of the dinner, and that the whole bill would be split evenly and they have agreed to that, then this would be treated as a contract under the Little-known Centrelink perk offers Australian students free flights: 'I claimed $600' ANZ hikes home loan interest rates in 'surprise' move ahead of RBA cash rate meeting $65,000 property warning as Aussies set to flood market You will first need to consider whether this is something that you want to pursue as it could cost you your friendship. If you do want to pursue it further, and your polite requests haven't worked, then you should send a letter of demand to your friend, setting out the amount you are owed and asking that it be repaid within a certain time frame, otherwise legal action will be taken. If there is no response to your letter of demand, you can lodge a clam in your State's or Territory's small claims court, or Civil and Administrative Tribunal. This is often called a 'minor debt claim' or 'minor case claim. Before doing this, make sure you have all of the evidence collated about the amount owed and your requests for repayment. This could be bank statements, text messages or emails between you and your friends. To lodge a claim in a Court or Tribunal (depending on your State), you must prepare a claim document which has: The full name and address of your friend/s; Details of the debt, including the date and place it happened, the amount, the terms of the agreement (including when it was to be paid back and whether it was a written or verbal agreement); Any supporting documents and evidence; Details of the amount you are trying to recover, plus any additional costs or interest; You must then serve the claim on your friend/s. You may be required to prove to the Court or Tribunal that you provided your friend with the documents (for example by sending by registered mail). Your friend is required to respond in 'defence' of the claim. If they don't respond, you can ask the Court or Tribunal to decide in your favour. If they do defend the claim, you will be required to attend the Court or Tribunal and argue why you should be repaid. You don't need a solicitor to do this. If, ultimately, the debt is ordered to be repaid then your friend/s may agree to repay the debt in instalments. If the debt is not repaid, then you may make a further application to a court for additional measures such as seizing and selling your friend's property or redirecting their earnings. If they repay some of the debt, always keep a record and provide a receipt to them. Electronic transfers or a bank cheque are often a safer option rather than handing over cash. There are strict time limits for recovering a debt so if you decide to take these formal steps, you should not delay in taking action. This legal information is general in nature and should not be regarded as specific legal advice. If you need legal advice, you should consult a solicitor.擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤
Yahoo
40 minutes ago
- Yahoo
Wells Fargo Stays Bullish on Apple (AAPL) Amid $100B U.S. Expansion Plan
Apple Inc. (NASDAQ:AAPL) is one of the . On August 7, Wells Fargo analyst Aaron Rakers reiterated an Overweight rating on the stock with a $245.00 price target. The rating affirmation follows Apple's recent announcement that it is increasing its investment in the United States by $100B to $600B over the next four years. Apple announced that it will be making major investments across its multiple top suppliers, including a $2.5B deal with Corning and a multi-year deal with Coherent. 'Apple previously announced in February that it would spend $500B over the next 4 years. The announcement reiterated the company's plan for a major AI server facility in Houston. In addition to Corning and Coherent, Apple's press release highlights partnerships with Broadcom, GlobalWafers, TSMC, Texas Instruments, Applied Materials, GlobalFoundries, and Amkor. Apple also emphasized its focus on building out its US data center footprint, building on an already $5B investment in Maiden, North Carolina; also noting expanding data center capacity in Iowa, Nevada, and Oregon'. The firm believes that the said announcement aims to strike a deal to minimize tariff impacts. 'Apple's announcement of an additional $100B investment in the US will (should) be viewed as more about posturing/a deal to minimize tariff impacts, i.e., companies committed to building in the US would be exempt from tariffs,' -Analysts led by Aaron Rakers. According to Rakers and his team, President Trump discussed plans of imposing 100% tariffs on imports of semiconductors. However, he added that 'the good news for companies like Apple is if you're building in the United States or have committed to build, without question, committed to build in the United States, there will be no charge.' The analysts further noted that Apple's announcement has made no reference that they are bringing final iPhone assembly into the U.S. Apple is a technology company known for its consumer electronics, software, and services. While we acknowledge the potential of AAPL as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and Disclosure: None.
Yahoo
40 minutes ago
- Yahoo
Thousands march against plan to build massive bridge linking Sicily to Italy's mainland
Italy Bridge ROME (AP) — Thousands of people marched in the Sicilian city of Messina on Saturday to protest a government plan to build a bridge that would connect the Italian mainland with Sicily in a massive 13.5-billion-euro ($15.5 billion) infrastructure project. Protesters staunchly oppose the Strait of Messina Bridge project over its scale, earthquake threats, environmental impact and the specter of mafia interference. The idea to build a bridge to connect Sicily to the rest of Italy has been debated off and on for decades but always delayed due to these concerns. The project, however, took a major step forward when a government committee overseeing strategic public investments approved the plan this week. Transport Minister Matteo Salvini, the project's main political backer, called it 'the biggest infrastructure project in the West.' Salvini cited studies estimating the project would create up to 120,000 jobs annually and help stimulate economic growth in economically lagging southern Italy, as billions more are invested in surrounding road and infrastructure improvements. Opponents are not convinced by these arguments. They are also angry that about 500 families would have to be expropriated in order for the bridge to be built. 'The Strait of Messina can't be touched,' protesters shouted as they marched in Messina. Many carried banners that said 'No Ponte' (No Bridge). Organizers estimated crowd size at 10,000 people. The proposed bridge would span nearly 3.7 kilometers (2.2 miles) with a suspended section of 3.3 kilometers (more than 2 miles). It would surpass Turkey's Canakkale Bridge by 1,277 meters (4,189 feet) to become the longest suspension bridge in the world. Preliminary work could begin as early as late September or early October, pending approval from Italy's Court of Audit. Full construction is scheduled to begin in 2026, with completion targeted between 2032 and 2033. Plans for a bridge have been approved and canceled multiple times since the Italian government first solicited proposals for one in 1969. Premier Giorgia Meloni's administration revived the project in 2023. With three car lanes in each direction flanked by a double-track railway, the bridge would have the capacity to carry 6,000 cars an hour and 200 trains a day — reducing the time to cross the strait by ferry from up to 100 minutes to 10 minutes by car. Trains would save 2/12 hours in transit time, Salvini said. The project could also support Italy's commitment to raise defense spending to 5% of GDP targeted by NATO, as the government has indicated it would classify the bridge as defense-related. Italy argues that the bridge would form a strategic corridor for rapid troop movements and equipment deployment, qualifying it as 'security-enhancing infrastructure.' Environmental groups, however, have lodged complaints with the EU, citing concerns that the project would impact migratory birds. Italy's president has also insisted that the project remain subject to anti-mafia legislation that applies to all large-scale infrastructure projects. Salvini pledged that keeping organized crime out of the project was a top priority. Solve the daily Crossword
