SBS News In Depth

• ASX soars to a four week high as investors eye Santa rally

  ASX soars to a four week high as investors eye Santa rally. SBS Finance Editor Ricardo Gonçalves speaks with Marcus Bogdan from Blackmore Capital about what's driving the sharemarket and whether to expect the so-called Santa rally.

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• State and territory health ministers reject Commonwealth's latest hospital funding offer

  State and territory health ministers have unanimously rejected the Commonwealth's latest hospital funding offer, stating it fails to meet the commitment for increased federal contributions needed to handle Australia's growing and ageing patient population. This funding standoff has caused a critical bottleneck, leaving over 3,000 federally-funded aged care patients stranded in public hospitals and increasing pressure on state health services.

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• Trump threatens land invasion of Venezuela

  The United States has defended the seizure of a Venezuelan oil tanker as a major US naval build-up in the region continues. Venezuelan President Nicolas Maduro has described the seizure as illegal with the US also imposing further sanctions on relatives of Maduro and other targetted naval vessels.

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• Thailand dissolves parliament as border conflict with Cambodia escalates

  Thailand’s escalating border conflict with Cambodia has entered a deadly fourth day, with artillery exchanges killing at least 20 people, injuring hundreds, and driving massive evacuations on both sides of the border. Amid the violence, Thailand's prime minister has dissolved parliament and called early elections after a political rift with the opposition People’s Party.

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• Zelensky says Ukraine needs security guarantees before any vote

  Ukrainian President Volodymyr Zelenskyy says his government has spoken with the United States about possible security guarantees for Ukraine. He says those security guarantees would be impossible without support from the US, Europe and all members of the coalition of the willing, including Australia and New Zealand.

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