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NZ, Australia sends emergency planes to Tonga

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New Zealand has sent an Air Force plane to Tonga to assess the damage caused by the weekend tsunami.

With power and communications cut, essentially isolating the island, New Zealand has decided to send a flight to find out how bad the tsunami was.

The eruption covered the Pacific islands in ash, but so far there haven’t been any reports of injuries or death.

But up to 80,000 people there could be affected.

New Zealand Prime Minister Jacinda Ardern says the tsunami had wreaked “significant damage”.

Satellite images suggest some outlying islands have been completely submerged by seawater

Information remains scarce and New Zealand and Australia are sending surveillance flights to assess the extent of the damage.

The New Zealand Defence Force tweeted that an aircraft had left to “assist in an initial impact assessment of the area and low-lying islands”.

The underwater volcano erupted on Saturday, sending a plume of ash into the sky and triggering warnings of 1.2m (4ft) waves reaching Tonga.

The eruption was so loud it could be heard in New Zealand, some 2,383km (1,481 miles) from Tonga.

Earlier, the French news agency AFP corrected a report that said there had been another major volcanic eruption on Tonga. AFP now says they cannot verify the report.

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The EV transformation expands to legacy vehicles

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This week witnessed another milestone in the automotive industry as the legendary Mercedes-Benz G-Wagen embarked on its electric journey, aligning with global sustainability efforts.

Simultaneously, Toyota and Mazda debuted EV offerings tailored for the booming Chinese market, signalling a strategic shift towards collaboration with advanced Chinese partners.

While the electric G-Wagen promises both eco-friendliness and off-road prowess with its innovative design, questions arise about Japanese automakers’ perceived lag in EV development, countered by the strategic imperative to tap into the rapidly growing Chinese EV market. As automotive icons embrace electrification and traditional players adapt through partnerships, it’s clear that collaboration and innovation will drive the future of mobility.

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The degree dilemma, income shifts, debt, and dream homes

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As individuals face the daunting choice between paying off student debt, saving for a first home deposit, or exploring alternative options like rentvesting, careful consideration of various factors becomes imperative.

 

In the midst of these challenges, a couple in the inner north ingeniously employed a strategy to realise their dream of a larger home while managing HECS debt and affordability hurdles.

Rentvesting emerges as a viable solution for individuals grappling with the burdens of high HECS debt and property affordability issues.

Moreover, the decreasing income premium tied to a university degree is closely intertwined with changing economic dynamics and shifts in the job market, underscoring the need for innovative approaches to education and financial planning in today’s society.

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President Biden signs TikTok bill – what’s next?

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TikTok users could soon find that the popular social media service is either under new ownership or could be outright banned in the United States.

President Joe Biden signed a bill into law that requires TikTok to find a new owner—or face a ban in the United States.

Over the past several months, Washington D.C. has been under pressure to ban the popular Chinese-owned social media app.

Lawmakers and security experts have long raised concerns that the Chinese government could tap TikTok’s trove of personal data about millions of U.S. users.

TikTok’s CEO said the bill is disappointing and reiterated that the company has committed to challenge it.

David Zhang from China Insider. joins Veronica Dudo to discuss

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