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Australian professor captured in Papua New Guinea

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An armed group has taken an Australian professor hostage in a remote region of Papua New Guinea

 
The Australian man who has been captured in Papua New Guinea is an archaeologist who works for an Australian university.

He is not being named – given concerns over how sensitive the situation is.

He has reportedly been captured along with three other researchers.

News of this hostage situation was confirmed by Papua New Guinea’s Prime Minister James Marape.

“Contact has been made with people in the bush through secondary sources” and warned the captors that “there is no place to run, there is no place to hide”.

Local police said that the hostages are being held at the border of Southern Highlands and Hela provinces.

Police also confirmed that the captors were armed and had demanded cash in return for the safe release of the hostages.

Australia’s Department of Foreign Affairs and Trade are yet to comment on these reports.

Negotiations are continuing between the captors and locals in the region.

The police and military are also on standby.

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Money

Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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Will Tesla’s supercharger layoffs eventually payoff?

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Tesla CEO Elon Musk dissolves supercharging team, leaving customers stranded.

Elon Musk’s decision to disband Tesla’s electric vehicle charging team has left customers concerned about the future of the company’s charging infrastructure.

The move comes as a surprise to many, considering Tesla’s commitment to expanding its charging network to support its growing fleet of EVs #featured

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TikTok’s fate in the United States

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TikTok’s fate in the United States has never been more in doubt.

Congress approved a bill, which President Joe Biden signed into law that gives its Chinese parent company two options: sell it to an approved buyer or see it banned.

But now, the owners of the popular social media app says they’re preparing to challenge the statute in court.

Andy Keiser a Senior Fellow at the National Security Institute, and a Former Senior Advisor for the House Intelligence Committee joins Veronica Dudo to discuss. #IN AMERICA TODAY #featured #business #socialmedia #TikTok #TikTokban #nationalsecurity

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