Australian Treasurer Jim Chalmers warns that Ex-Tropical Cyclone Alfred and Donald Trump’s tariffs will impact the federal budget, potentially causing a $1.2 billion hit to GDP and increasing inflation. Chalmers also expresses concerns about global trade wars, stating that indirect effects of tariffs could be up to four times larger than direct impacts. Despite this, Chalmers rules out reciprocal tariffs against the US and will present the federal budget on March 25.
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Stranded astronauts almost home as splashdown time revealed
A live-stream from NASA showed the SpaceX shuttle splashing down off the coast of Tallahassee, Florida, US, with the crew celebrating the successful landing. The four astronauts aboard were welcomed home by the ground crew, with recovery boats testing for hypergolic fumes before beginning the process of preparing the vessel for removal from the ocean. The astronauts, including Butch Wilmore and Suni Williams, spent a prolonged mission aboard the International Space Station, setting new records...
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