Tri-State Generation and Transmission to get $62.5M exit fee from cooperative to terminate contract

The divorce between the Delta-Montrose Electric Association and its wholesale power provider, Tri-State Generation and Transmission Association, is nearly final. All that’s left is getting the OK from federal regulators. That and a $62.5 million exit fee. The electric cooperative has a new partner ready to go. Denver-based Guzman Energy has signed a 12.5-year agreement to replace Tri-State as the […]

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ANZ and Salesforce back Airwallex in $252 million raise

Australian fintech Airwallex has raised $US160 million ($252 million) in new funds from investors including ANZ and Salesforce. The real-time payments platform was valued at over $US1 billion ($1.5 billion) last year, making it a tech 'unicorn', with the latest round including new investors ANZi Ventures, the corporate venture arm of ANZ Bank, and Salesforce Ventures, the global investment arm […]

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Coronavirus: The lockdown and the geopolitics

How does the government measure the length of the lockdown and what are the geopolitcal implications of the global coronavirus outbreak? In a sobering week, Adam Boulton and guests discuss the latest political predicaments as Prime Minister Boris Johnson continues to be treated in intensive care with Covid-19. In his absence, how will the government map out the next phase […]

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The snakes and ladders of kids’ bank accounts

School’s in and to raise precious funds, parents' groups around the country are going all out. For many, this includes gratefully collecting the cash paid by some large Australian savings institutions for offering school banking. Moneysmart.gov.au offers quality resources to help parents independently teach their children about money.Credit: When fundraising comes with some implied financial literacy, it sounds like a […]

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What started the US and China trade war?

China will grant tariff exemptions for US imports FOX Business’ Susan Li says this exemption will apply to 700 products, which will be good for U.S. farmers and manufacturers. The roots of President Trump's trade war with China can be traced to his 2016 presidential campaign, when then-candidate Trump blasted U.S.-China trade policy and said he'd use tariffs to reduce the […]

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Benson and McFarland: Trump appears to have come out on top in latest Iran showdown

Iran’s apparent stand-down a ‘victory’ for Trump, KT McFarland and Guy Benson say Former Deputy National Security Adviser KT McFarland and Fox News contributor Guy Benson break down a significant foreign policy turn for the Trump administration. Guy Benson, the host of the “Guy Benson Show” on Fox News Radio, and former Deputy National Security Adviser K.T. McFarland said Wednesday that Iran’s apparent […]

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