Six so-called “narco subs” stuffed with cocaine were captured in a Colombian-led international anti-drug operation, authorities in the Latin American nation said Wednesday.

Altogether, the subs contained more than 1,400 tons of illicit drugs, including 225 tons of cocaine and 128 tons of marijuana, CBS News reports. “This is perhaps the largest seizure of cocaine in transit made by Colombia in history,

The Colombian Navy announced it intercepted six “narco subs” containing more than $8 billion worth of drugs in an international mission involving 62 nations, of which the United States was included, that was conducted over a six-week span.

Australia's central bank is finally getting a major shake-up of its policy-making process that adds extra uncertainty to when it might deliver interest rate relief to hard-pressed borrowers. Long-delayed reforms to the Reserve Bank of Australia (RBA) passed parliament late on Thursday after the ruling Labor government secured support from Greens lawmakers,

Australia’s plans to overhaul the Reserve Bank, including splitting the current board in two, may be back on the agenda after the Labor government and minority left-wing Greens Party began last minute talks to revive the stalled legislation.

Australia’s Senate approved an overhaul of the Reserve Bank, which includes splitting its board in two, in a last-minute deal between Prime Minister Anthony Albanese’s government and the minority Greens Party.

Australia add uncapped Tasmania all-rounder Beau Webster to their squad for the second Test against India in Adelaide.

Tasmania allrounder Beau Webster has been added to Australia's Test squad for Adelaide amid concerns over the fitness of Mitchell Marsh. Webster, who turned himself from an offspinner into a brisk medium pacer although can still send down the former if needed,