Australia’s Foreign Affairs Minister Penny Wong warned that “there is a risk there will be no Palestine left to recognise,” amid the ongoing violence in Gaza and the West Bank. While acknowledging the large protests in Sydney against the war and expressing a desire for peace, Wong did not indicate any immediate changes to Australia’s stance on Palestinian statehood or sanctions against Israel.
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Australia and Japan have signed a historic $10 billion defense agreement for the production of 11 advanced Mogami-class frigates, enhancing Australia's naval capabilities with long-range missile systems. The new ships, set to be operational by 2030, will significantly upgrade Australia's fleet and strengthen defense cooperation between the two nations amidst rising regional tensions. Want More Context? 🔎
Read moreSaudi Aramco reported a 22% profit decline in Q2, totaling 85 billion riyals ($22.67 billion), marking ten consecutive quarters of profit drops due to falling crude oil and product prices. The company's market value has decreased by over $800 billion since 2022, despite strong market fundamentals and expectations for increased oil demand in the latter half of 2025. Want More Context? 🔎
Read moreA Colorado funeral home owner, Carie Hallford, pleaded guilty to federal wire fraud after admitting to defrauding customers and the government out of nearly $900,000 by failing to cremate nearly 200 bodies and misrepresenting services. Hallford faces up to 20 years in prison, while her husband Jon has already been sentenced to 20 years for similar charges, amidst a scandal that has deeply affected grieving families. Want More Context? 🔎
Read moreFederal Resources Minister Madeleine King indicated that Australia might consider a significant investment in a rare earths company, inspired by the US Department of Defense's recent acquisition of a 15% stake in MP Materials to reduce reliance on China. She emphasized that any investment would depend on ensuring the taxpayer's money is repaid and mentioned the potential establishment of a price floor for rare earth elements to stabilize the market. Want More Context? 🔎
Read moreFile photo of PM Modi and Donald Trump (Pic credit: ANI) NEW DELHI: Congress criticized PM Modi for the escalating tensions with the U.S. following Trump's threats to raise tariffs over India's oil imports from Russia. Congress MP Jairam Ramesh highlighted the irony of Modi's "special bond" with Trump, emphasizing the deteriorating relations and calling out Modi's silence on Trump's controversial claims regarding India-Pakistan relations. Want More Context? 🔎
Read moreAn Auckland entertainer, 28-year-old Cole Thomas Johnston, has been charged with 12 offenses, including rape and grooming, related to a girl he met in a drama group. Johnston, an actor and musician with international experience, has denied the allegations, expressing that he is "devastated, deeply shaken and utterly shocked." Want More Context? 🔎
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