The World Today

Concerns are being raised about an ongoing parliamentary inquiry in Queensland into the safety of combat sports. The inquiry began in August to investigate how safety could be improved in the state, where such sports are unregulated, but a public hearing did not proceed as expected.

In a race against time, British war historians are trying to contact as many Australian veterans from World War Two who flew with Bomber Command in Britain. Archivists at the new International Bomber Command Centre in the UK want the airmen and women who flew in 460 squadron over Europe in the 1940s to tell their stories, and share their log books, with a team of researchers. The surviving pilots, aircrew and ground staff are now in their 90s, but they're striving to record the days when 55,000 Commonwealth aircrew lost their lives to help defeat the German war machine.

A company proposing to mine a rare earth mineral in regional NSW has been given the green light by the State Government. Western NSW has weathered job cuts in the sector, but now it is set to become the home of the nation's first-ever scandium mine.

More than 20 per cent of Australia's economic output is at high risk from natural disaster, with $326 billion at risk in the most exposed areas. The insurance giant IAG says local and state governments need to provide better flood mapping and mitigation in addition to disaster recovery.

China's economy is about to get a $20 billion boost from the world's largest shopping festival today. The 11th of November has become an online sales frenzy in China with up to a billion transactions expected. That's set to put an enormous strain on the men who deliver the parcels.

In the President-elect's home city, New York, the divisions apparent throughout the election campaign are on display again today. Police are patrolling outside Trump Tower and demonstrators are on the streets of Manhattan.

The CEO of the US Studies Centre at the University of Sydney says the Republican victories in the House and Senate will give a President Donald Trump enormous power. But Professor Simon Jackman cautioned that this is not a revolution in American public opinion, pointing out Hillary Clinton will probably end up out-polling Trump across the nation, but Trump has won the vote in the right places.

The Prime Minister Malcolm Turnbull spoke to President-elect Donald Trump this morning about the close ties between the two countries. They also discussed regional security and agreed that a continued US presence in the Asia-Pacific was important. Mr Trump said he would welcome further discussion about the fight against terrorism and the broader bilateral relationship.

Donald Trump's election victory is embarrassing for America's leading pollsters. Most predicted Hillary Clinton would win key states, and the presidency. The pollsters underestimated the strength of the Trump movement.

Financial markets will judge Donald Trump on key White House appointments rather than his rhetoric during the presidential election campaign, says Stephanie Flanders chief market strategist at JP Morgan Asset Management. Responding to claims that markets and pundits got their predictions wrong, Ms Flanders told The World Today that no one should have bet their house on a Hillary Clinton victory. Global markets surged despite fears of a share route, and the Australia's All Ordinaries Index was three perc ent higher in late morning trade.