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Tweet Facebook Mail Homicide detectives are investigating after a man was killed following an alleged assault in Melbourne's south-west overnight. Police discovered the man with life-threatening injuries inside a home on Everwin Drive in Werribee about 7.10pm. The man was rushed to hospital but died a short time later. READ MORE: Former Commonwealth Kiwi boxer dead after boat capsizes in US Police established a crime scene. (Nine) A 55-year-old Werribee man was arrested at the scene and police are expected to interview him today. Detectives are investigating the circumstances surrounding the assault. DOWNLOAD THE 9NEWS APP : Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play .

Israel and Lebanon's Hezbollah agree to a ceasefire to end nearly 14 months of fightingWho truly has Beijing’s ear when it comes to economic policymaking? As China navigates a period of profound economic challenges, this question has taken on new urgency. While outsiders often perceive China’s economic policies as dictated in a top-down, insulated manner, the reality is more nuanced. Policy-making in Beijing frequently involves regular engagement with trusted experts through roundtables, study sessions, and advisory committees. The voices shaping economic strategy extend beyond the Chinese Communist Party (CCP)’s inner circle to include a select “brain trust” of economists whose ideas inform and influence key decisions. To understand China’s policy direction, it is crucial to identify this brain trust. Our project does just that by analyzing the perspectives of economists who have become integral to the policymaking process. These figures include chief economists at major financial institutions, respected academics, and former officials with deep experience in economic governance. By examining their insights, we aim to uncover where their views align, where they diverge, and what these dynamics reveal about China’s economic challenges and priorities. We selected these experts based on five dimensions: influence, prominence, rigor, political proximity, and expertise. Together, they offer a window into the intellectual framework underpinning Beijing’s economic decision-making. The debates among these experts shed light on the priorities shaping China’s economic policies and offer insight into the trade-offs Beijing must grapple with. Understanding these voices is critical – not just to predicting China’s next moves but also to grasping the constraints and opportunities within its evolving economic system. By unpacking the perspectives of China’s economic whisperers, we aim to shed light on the most pressing economic policy debates of recent months and delve into the areas where expert opinions converge and diverge. Stabilizing the Present: Monetary and Fiscal Moves The Chinese government has implemented unconventional monetary and fiscal policies in recent months in an effort to stabilize its economy. The People’s Bank of China’s (PBoC) new liquidity facility and the Ministry of Finance’s debt-restructuring plan exemplify a growing willingness to experiment with creative solutions. But are these measures bold enough to address the scale of the challenges? The PBoC’s Securities, Funds, and Insurance Companies Swap Facility (SFISF), launched in September, has drawn significant attention. By allowing financial institutions to swap illiquid securities for treasury bonds and central bank bills, it aims to inject 500 billion yuan into the capital markets. Economists such as Yugen Xun of Haitong Securities have lauded the move as a confidence booster, calling it a decisive signal of the PBoC’s commitment to stabilizing financial markets. Similarly, Yuanchun Liu of Shanghai University of Finance and Economics has interpreted the SFISF as a harbinger of more aggressive monetary interventions. However, foreign investors remain wary. Ziqiang Xing of Morgan Stanley was skeptical, noting that while the facility provides short-term relief, it falls short of the level of monetary expansion deemed necessary by many foreign stakeholders. The Ministry of Finance’s debt-swapping scheme, which aims to restructure 10 trillion yuan in hidden local government debt over five years, has similarly received mixed reviews. While Zhiheng Luo of Yuekai Securities praised it for reducing debt servicing costs and enhancing transparency, critics argued it merely delays a reckoning with the underlying fiscal imbalances. One area of consensus among economists is the likelihood of further monetary easing. Ming Ming of CITIC Securities predicted multiple cuts to the reserve requirement ratio and interest rates in 2025, while Qingyou Guan, an independent economist, advocated slashing mortgage rates to stimulate the real estate market. Ge Wu of Changjiang Securities warned that concerns about the yuan’s depreciation and declining deposit rates might constrain aggressive easing but argued that steady monetary expansions and interest rate cuts are nonetheless indispensable. Fiscal policy, by contrast, has revealed deeper divisions. Tao Wang of UBS supports targeted fiscal stimulus of 1.5–2 trillion yuan to spur growth. Meanwhile, Daokui Li, a former PBoC official, urged restraint, warning that large-scale government spending could jeopardize long-term fiscal sustainability. Shijin Liu, a former deputy director of the State Council’s Development Research Center, offered a compromise, emphasizing that any stimulus must prioritize improving public service quality and promoting equitable urbanization. This debate underscores the tension between addressing immediate crises and maintaining fiscal discipline. Searching for a New Growth Engine China’s economic growth has long relied on real estate, but the collapse of this model has sparked an urgent search for alternatives. The debate among experts centers on three interrelated priorities: systemic reform, technological innovation, and economic openness. Systemic reform is widely regarded as a prerequisite for sustainable growth. Xuetao Song of TF Securities advocated for strengthening corporate rights protections, improving public service quality, and curbing wasteful expenditures. For Xunlei Li of Zhongtai Securities, enhancing the social safety net is particularly urgent. He argued that raising household incomes and expanding access to education and healthcare will not only boost domestic consumption but also create new opportunities in the tertiary sector. Shanwen Gao of Essence International Financial Holdings echoed this view, emphasizing that policies to stimulate consumption are critical for economic rebalancing. Others contend that technology, rather than systemic reform, will drive China’s next growth phase. Justin Yifu Lin, a former World Bank chief economist, and Xiaonian Xu of CEIBS both stressed the need to improve corporate productivity and move beyond reliance on investment-led growth. Former IMF Vice President Min Zhu took this argument further, highlighting the importance of emerging technologies like artificial intelligence (AI), green energy, and data-driven tools in boosting productivity and fostering new industries. Zhu suggested that China could even lead the global transition to sustainable energy and digital economies if it fully embraces technological innovation. A third school of thought prioritizes greater economic openness. Xinli Zheng, a former deputy director of the CCP Central Policy Research Office, has been a vocal advocate for “institutional opening-up,” urging China to align with global regulatory standards and deepen its integration into international trade systems. Jianguo Wei, a former deputy minister of commerce, highlighted the potential of digital trade and agreements like the Digital Economy Partnership Agreement to attract foreign investment and position China as a leader in high-value global supply chains. Navigating the Trump Factor The return of Donald Trump to the U.S. presidency adds another layer of complexity to China’s economic calculus. Trump’s first term saw a historic trade war that slowed China’s growth and disrupted global supply chains. His reelection raises the likelihood of renewed tariffs and heightened protectionism, forcing Beijing to rethink its economic strategy. Economists are divided on how damaging another round of China-U.S. trade tensions could be. Tao Wang estimated that a full-blown global trade war could shave 2 percentage points off China’s GDP – a significant hit for an economy already facing headwinds. However, Zhiwu Chen of HKU Business School noted a potential silver lining. He argued that heightened trade tensions could accelerate China’s pivot from export-driven growth to a domestic consumption model, as the government would be compelled to reallocate resources toward struggling consumer sectors. Most experts agree that Beijing will need to pursue a dual strategy: mitigating short-term risks while diversifying its trade relationships. Strengthening economic ties with Europe, particularly if EU-U.S. relations sour, is viewed as a key avenue for offsetting American protectionism. At the same time, China is likely to offer more favorable terms to foreign investors, as it did with Tesla, to attract the capital needed for domestic growth. Where Experts Diverge – and Why It Matters A striking feature of the current economic debate is the divergence between experts in financial institutions and those with policymaking experience. The former group tends to favor aggressive stimulus and easing measures to address immediate challenges, reflecting the priorities of capital markets. In contrast, academics and former officials often emphasize structural reforms and strategic investments as essential for long-term stability. These differences reflect deeper ideological divides over the role of the state in managing the economy. Should Beijing prioritize short-term interventions to stabilize markets and reassure investors? Or should it focus on building a more resilient economic foundation, even at the cost of slower recovery in the near term? Another source of contention lies in the balance between fiscal and monetary policy. While most agree that monetary easing will play a central role in the short term, the scale and scope of fiscal intervention remain hotly debated. The controversy underscores the challenges of navigating China’s unique economic pressures, where traditional tools may no longer suffice. What China’s Economic Whisperers Reveal About China’s Economy The varied perspectives among China’s leading economists offer a unique lens into the complexities of the country’s economy and its policymaking process. Points of convergence reflect the recognition of shared structural challenges, while divergences expose the competing priorities and uncertainties shaping China’s path forward. Together, these perspectives offer valuable lessons – not just for Beijing but for a global audience grappling with the ripple effects of China’s economic trajectory. The broad agreement on the need for monetary easing highlights a consensus that immediate stabilization is critical. Economists recognize the urgency of addressing liquidity constraints and restoring confidence in markets. This shared perspective underscores the fragility of China’s current economic framework, where even incremental measures like the SFISF are seen as essential lifelines. For policymakers abroad, this serves as a reminder of how interconnected China’s financial stability is with global markets. A wobble in Chinese liquidity sends ripples through supply chains, investor sentiment, and trade flows worldwide. At the same time, disagreements over fiscal policy and long-term growth strategies reflect the difficult balancing act China faces. The debate over whether to prioritize fiscal restraint or stimulus reveals an economy at a tipping point, struggling to reconcile short-term demands with the imperative of structural reform. Divergent views on the roles of systemic change and technological innovation further illustrate the challenge of building a sustainable growth model. For international observers, these debates point to a larger truth: the solutions that propelled China’s rise – heavy investment, real estate expansion, and export dependency – are no longer sufficient. Beijing must innovate within an increasingly constrained global and domestic environment. The divides also underscore the evolving complexity of China’s economic governance. Unlike earlier decades, when a clear policy consensus often emerged swiftly, today’s debates are shaped by diverse and sometimes conflicting views on China’s direction amid structural slowdowns and global headwinds. Economists focusing on market sentiments advocate bold, immediate interventions to reverse low confidence and sluggish recovery, while those with policymaking backgrounds promote more measured, wait-and-see approaches. This fragmentation reflects the complexity within China’s economic system and signals that China’s policymaking, while decisive, is far from monolithic – and that uncertainty is an inherent feature of its economic transition. Finally, the convergence on external risks – particularly the potential fallout from a renewed China-U.S. trade war – reveals a shared acknowledgment of how geopolitics increasingly shapes economic realities. The recognition that diversification and domestic consumption are critical buffers points to a China recalibrating its strategy for a less stable global environment. In the end, the convergence and divergence of China’s economic voices reveal a country navigating one of the most pivotal transitions in its modern history. While China’s decision-making process remains opaque, identifying these debates offers valuable insights into the trade-offs Beijing faces. For policymakers, investors, and analysts worldwide, understanding these dynamics is key to interpreting the complexities of China’s evolving economic strategy.

One of the key aspects of Setien's managerial style is his focus on technical ability and ball possession, which are key elements of the possession-based football philosophy that he advocates. Setien's emphasis on intricate passing, quick movement, and positional play has won him praise from fans and experts alike, and it is expected that he will instill these principles in Beijing Guoan's players to elevate their performance on the pitch.The decision to sell Pogba is not taken lightly, given his status as one of the most gifted players in the Premier League. However, the club's long-term vision and commitment to building a cohesive team culture have taken precedence in this instance. The Telegraph's sources suggest that several top European clubs have expressed interest in signing Pogba, with Paris Saint-Germain and Juventus reportedly leading the race for his signature.In the realm of indie games, "Whispers of the Wind" has captured hearts with its emotional storytelling and hand-painted art style. Delving into themes of loss and redemption, this atmospheric adventure has struck a chord with players for its evocative soundtrack and narrative depth, earning it a spot among the best indie titles of the year.

In a statement released to the press, the developers of Infinite Warmth emphasized the importance of fair play and sportsmanship in online gaming. They stated that cheating not only ruins the experience for honest players but also undermines the integrity of the game itself. By taking decisive action against cheaters, Infinite Warmth hopes to create a more positive and enjoyable gaming experience for all.First and foremost, it is essential to acknowledge that a father's concern for his daughter's social life stems from a place of love and care. Fathers may worry about their daughters making friends with the wrong crowd, being influenced by negative peer pressure, or engaging in risky behaviors. These concerns are valid, as adolescence is a time of significant growth and vulnerability. Fathers may feel a strong sense of responsibility to steer their daughters in the right direction, believing that their interference is in the best interest of their child.

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In the midday trading session today, the Shanghai Composite Index opened strongly but retraced some of its gains, ultimately rising by 1.58%. The trading volume in the two markets exceeded 1.5 trillion yuan, reflecting the active participation of investors in the market.For some individuals, coffee can irritate the digestive system and lead to issues such as acid reflux, heartburn, and upset stomach. By cutting out coffee, you may experience relief from these digestive complaints and improve your overall gut health. Additionally, quitting coffee can help regulate bowel movements and reduce the risk of dehydration often associated with excessive caffeine consumption.There is no evidence that Wayfair was ever involved in child trafficking

One of the key features of Incremental Policy 2.0 is its emphasis on flexibility and agility. In a rapidly evolving economic landscape, policymakers must be able to quickly adapt to emerging trends and leverage new opportunities for growth. By embracing a more experimental mindset, governments can test out innovative ideas on a small scale before scaling up those that demonstrate the greatest potential for impact.

In 2020, a conspiracy theory spread across social media claiming that online home goods retailer Wayfair was involved in child trafficking . People claimed that odd pricing and certain product names were evidence of the theory. VERIFY reader Leslie emailed us to ask if Wayfair was ever involved in the sex trafficking of children. Is Wayfair involved in the sex trafficking of children? National Center on Sexual Exploitation DeliverFund , a nonprofit intelligence agency that uses technology to help law enforcement fight human trafficking Polaris , organization that operates the U.S. National Human Trafficking hotline Original VERIFY reporting in 2020 Statement from Wayfair to the BBC in 2020 No, there is no evidence to support the claims that Wayfair was involved in the sex trafficking of children. When the conspiracy theory first spread in 2020, people on social media pointed to Wayfair products with strange names and disproportionately high prices as proof that the online furniture store was involved in child trafficking. These products included a “Samiyah Storage Cabinet” priced at over $14,000 and a “Duplessis Zodiac Sign Astrological Constellation Personalized Throw Pillow” at $9,999. At the time, people claimed that these products shared the names of girls that were reported missing. The theory followed that the products had high prices because they were fronts for selling the missing girls. Wayfair told the BBC in 2020 that the prices were accurate for the industrial grade cabinets and were the result of a glitch in the case of the pillows. The viral social media posts frequently linked products to girls who were no longer missing. Multiple anti-trafficking groups said the claims were unproven and likely false. “We believe that the accusations being leveled against Wayfair regarding sex trafficking are lacking credibility in significant ways and, in many places, demonstrably false,” the National Center on Sexual Exploitation said at the time. In 2020, VERIFY found that the family of Samara Duplessis, a missing girl purportedly linked to the overpriced pillows, reported she was back home a couple of months before the Wayfair conspiracy became widespread. When VERIFY searched Wayfair for “Duplessis” products in 2020, we found the name attached to a number of different items that were considerably less expensive than the pillow. When VERIFY searched Wayfair’s site again on Dec. 2, 2024, we found it’s using the “Duplessis” name for at least one product, a rug selling for $144.99 , years after the missing girl was found. As for the reference to the cabinets in the original rumors, people claimed that there was a missing teenager from Ohio named Samiyah, too. But VERIFY was unable to find any evidence that a girl by that name was missing, and a teenager some people believed to be Samiyah refuted that she was missing in a video posted to her Facebook account. Wayfair told the BBC in 2020 that the expensive cabinets were “industrial size,” meant for business or commercial use and that the $14,000 price point was accurate. “We have temporarily removed the products from our site to rename them and to provide a more in-depth description and photos that accurately depict the product to clarify the price point,” Wayfair told the BBC in 2020. Another example of a missing teenager’s name possibly matching a Wayfair product was Mary Durrett to a Durrett coffee table. But she went missing in 2017 and was found safe two days after she was first reported missing. The claim connecting her to the coffee table listing was posted three years later. Many anti-trafficking organizations addressed the rumors in 2020. They all said the claims lacked credibility. “We identified early on that this was a likely hoax or a case of overexuberance by someone who did not have the expertise and data-driven approach that DeliverFund has,” Michael Fullilove, chief of operations for DeliverFund , a nonprofit intelligence agency that uses technology to help law enforcement fight human trafficking, said in 2020. “Based on the original source of the information, we were able to use open source intelligence techniques to determine that it was highly unlikely that the trafficking of children was taking place through the sale of expensive items on Wayfair,” Fullilove said. Polaris , which operates the U.S. National Human Trafficking Hotline, said the claims were unsubstantiated and did more harm than good. People overwhelmed the hotline to make reports related to the conspiracy, increasing wait times and potentially denying trafficking victims from reaching the hotline. The theory also resulted in harassment and privacy intrusions of people mistakenly believed to be victims, as well as broad sharing of online sexual abuse material of real victims never connected to the Wayfair conspiracy, Polaris said. Polaris pointed out that trafficking is rarely perpetrated by a total stranger who kidnaps children and is instead usually perpetrated by people the victims know or even love and trust. Scenarios where the trafficker locks up or imprisons the victim with literal shackles make up a minority of trafficking cases despite it being the common public perception of trafficking, the National Center on Sexual Exploitation said. Traffickers usually groom their victims and keep them captive through forms of psychological abuse, manipulation and coercion that can be difficult to identify. There are real cases in which sex trafficking is perpetrated online, usually through prostitution sites and pornography websites, according to the National Center on Sexual Exploitation. The National Center on Sexual Exploitation said in 2020 that traffickers were increasingly using “popular social media apps such as Instagram, Snapchat and TikTok to identify, groom and exploit children in the online space.” Anti-trafficking organizations say that sharing viral, unsubstantiated trafficking rumors online is generally unhelpful to trafficking victims. What’s more helpful, these organizations say , is to learn how to identify real, common cases of trafficking to spot victims who need help. VERIFY reached out to Wayfair for comment but did not receive a response by the time of publication.Rashford, who has been a key figure at Manchester United for several seasons now, is facing an uncertain future at Old Trafford. The talented forward has struggled with inconsistency and injuries in recent times, prompting the club to consider parting ways with him.CANCUN, Mexico (AP) — Darryl Simmons II scored 19 points to help Gardner-Webb defeat SE Louisiana 73-69 on Tuesday. Simmons shot 7 for 13 (2 for 5 from 3-point range) and 3 of 3 from the free-throw line for the Runnin' Bulldogs (3-3). Pharell Boyogueno scored 15 points while going 6 of 13 (3 for 7 from 3-point range) and added seven rebounds and four steals. Anthony Selden shot 6 of 10 from the field and 3 of 6 from the free-throw line to finish with 15 points. Jeremy Elyzee led the Lions (2-4) in scoring, finishing with 22 points, three steals and two blocks. Sam Hines Jr. added 12 points, seven rebounds, six assists and four steals. Jakevion Buckley finished with 11 points, four assists and three steals. The Associated Press created this story using technology provided by Data Skrive and data from Sportradar .