Monthly Archives: October 2019

Sydney news: NSW economy loses to Tasmania, suspected hydroponic set-up damaged by fire

Here’s what you need to know this morning. NSW economy falls behind Tasmania NSW’s economy has dropped behind Tasmania, while Victoria remains the best performing economy in the country, according to CommSec’s State of the States report. The quarterly report shows NSW was a solid performer in construction but fell on relative population growth and dwelling starts. CommSec said Victoria ...

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Islamic State leader Abu Bakr al-Baghdadi is dead. Here’s how the US operation unfolded

US President Donald Trump announced that Islamic State (IS) leader Abu Bakr al-Baghdadi “blew himself up” after being cornered by United States forces in northern Syria. “Last night, the United States brought the world’s number one terrorist leader to justice,” Mr Trump said. He went on to provide graphic details of Baghdadi’s final moments, giving an insight into the covert ...

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Boom, doom and gloom: The forces uniting Australia and the United States

Why the long faces, everyone? For years, Australian consumers have been twitchy. With good reason. A lethal combination of soaring household debt, overpriced real estate and painfully weak wages have seen households slam the brakes on spending. Now, the pessimism is spreading to the business world and to financial markets. A survey of corporate leaders last week — almost 1,500 ...

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Iran decries ‘cowardly attack’ on oil tanker

DUBAI (Reuters) – An Iranian government spokesman on Saturday described as a “cowardly attack” an incident that Iranian media have called the apparent targeting by missiles of an Iranian-owned oil tanker, and said Iran would respond after the facts had been studied. The tanker Sabiti was hit in Red Sea waters off Saudi Arabia on Friday, Iranian media have reported, ...

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Iran’s Mad Max Navy Could Give Donald Trump a Giant Headache in a War

Key point: In terms of ‘civilian boats,’ the IRGCN musters hundreds of fast-in-short boats are on the pattern of the open-cabin ‘Boston Whaler’ motorboat, typically fitted with unguided rocket launchers, rocket-propelled grenades, anti-tank missiles and recoilless rifles. On May 16, 2019, U.S. officials cited reports that Iran had installed missiles on civilian motorboats in the Persian Gulf as a justification for ...

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It’s Time to Talk to Iran

With tensions rising in the Middle East and Iran suffering under sanctions, this may be the last best opportunity to walk back from the brink. This month, six years ago, we were in the midst of secret talks with Iran that led to the comprehensive nuclear agreement. It was a moment when diplomacy carried considerable risk, and considerable promise. Today, ...

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Iraq protests blamed on ‘malicious hands’ as death toll passes 100

Interior ministry spokesman denies claims security forces clashed with demonstrators An Iraqi interior ministry spokesman has said an investigation is underway to determine how protesters were shot dead during six days of unrest that have killed more than 100 people and injured thousands. Twelve anti-government demonstrators were killed on Sunday in ongoing protests in Baghdad. Saad Maan, a spokesman for ...

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