A Chinese fighter jet crashed during a training mission in Taiwan, with the pilot parachuting to safety. The incident occurred near a town in China’s southernmost island province of Hainan, which houses various military installations in the South China Sea. China’s military rarely reports on accidents, and the cause of the crash is currently under investigation as the country continues to expand its military capabilities.
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OECD March Economic Outlook flags slowdown in Australian economic growth
The OECD warns that Australian economic growth will slow in 2026 due to US President Trump's tariff agenda, with GDP growth expected to decline to 1.8% from 1.9% in 2025. Global growth is also projected to moderate, with higher trade barriers impacting investment and household spending. Inflation is expected to be higher than previously forecasted, with headline inflation in Australia predicted to reach 2.2% in 2026, allowing for continued policy rate reductions. Full Article
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