The Australian Stock Market has been predicted for another week of chaos, as declining portfolios have prompted speculation of another Global Financial Crisis.

The mining and energy sectors looked particularly low as of this mornings opening, despite the US market rallying on Friday afternoon.

The end outcome of the last weeks deficits has not yet been seen however, as some analysts have advised people to prepare for a crisis, while many economists have reported that the fluctuations are a part of fairly routine corrections.   

Labor rejected claims this morning that it’s public scepticism of the Adani Queensland coal mine will impact Australia’s investment attractiveness.

According to Adani Australia’s Chief Executive Jayakumar Janakaraj, Labor’s attacks on the project has cast doubt on Australia’s potential as an investment destination.

In response to Janakaraj, deputy opposition leader, Tanya Plibersek has said that none of Labor’s criticism should harm Australia’s ability to remain an attractive destination for capital.

The Sydney Morning Herald has revealed how the Catholic Church’s massive wealth contradicts evidence presented in major inquiries into child sexual abuse.

According to results of the six-month investigation, the Catholic Church owns property worth more than $30 billion Australia-wide, meaning that the church has grossly undervalued it’s property holdings.

The Church has previously claimed that increasing payments to abuse victims would require cuts to social programs due to a lack of financial capital.

A gun battle in the Indian province of Kashmir is entering its second day, leaving multiple dead and many more injured.

An unknown number of attackers have barricaded themselves inside multi-story buildings, and are suspected to be affiliated with Jaish-e-Mohammad, a Pakistan based anti military group.

As of this morning at least six people are dead and eleven wounded.

Members of the Myanmar military have faced legal action for war crimes involving the deaths of ten Rohingya Muslims.

Seven soldiers, three policemen and six villagers were under investigation following conflicting stories from the Myanmar army and civilian witness involving the killing of the Rohingyas.

The military claimed the muslims belonged to a group of terrorist who attacked security forces, whereas civilian witnesses claim the ten men were captured and slaughtered at random.

Tonga is expected to be hit with an upgraded category 5 storm as severe tropical cyclone Gita makes its predicted landfall this evening.

A massive cleanup is already underway in Samoa in the wake of Gita sweeping through over the weekend, with some parts still underwater and emergency teams working to restore power and running water to thousands of households.

The Tonga Meteorological Service has predicted the country to feel the worst of Cyclone Gita at around midnight with the storm currently packing winds of over 200km/h.

A new investigation by the ABC has revealed domestic workers inside Canberra’s foreign embassies are being kept in conditions likened to ‘slavery’.

At least 20 workers escaped exploitation in diplomatic residences, including having been made to work 18-hour days for a fraction of the minimum wage and being forbidden from leaving the premises.

Australian authorities remain largely powerless to act, as foreign diplomats cannot be bought before an Australian court due to diplomatic immunity laws.

A freak storm has plunged over 100,000 properties in Brisbane into darkness overnight, and forced a mass evacuation of US band Paramore’s concert in the city.

A Queensland Fire and Emergency spokeswoman said they would expect an influx of calls this morning as South-East Queensland residents are waking up and checking the damages.

The storm dampened concert-goers plans when they were evacuated from Riverstage due to lightning concerns, however all was not lost, as Paramore took the stage again just under an hour later.