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Australia investigates Chinese lease on nation’s ‘northern gateway’ for Australasian trade

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The Australian Government is reviewing the ownership of a port owned by a Chinese company.

It’s questioning whether the controversial lease of the Darwin Port should be scrapped.

A 99-year-lease contract that has unsettled Australia’s security officials, could be torn up… escalating further tensions with China.

The Australian Government is reviewing the ownership of a port owned by a Chinese company.

The port is in a calculated position, located in the top end of Australia in the city of Darwin.

It’s used as a base of US Marines.

The port has been leased by Landbridge for the past six years, but there are still security concerns about the $500 million arrangement.

The nation’s defence officials are now investigating whether the company should give up its ownership for the sake of national interests.

Australia’s Defence Minister Peter Dutton

It comes on the back of China accusing Australia of economic coercion.

China slammed Australia’s decision last month, to use new laws to cancel the Belt-and-Road agreements with the Victorian state government.

Now there is speculation that Prime Minister Scott Morrison may use the same laws, to scrap long-term leases held by Chinese companies at ports in Darwin and Newcastle.

TWO-WAY TRADING PARTNERS

China is Australia’s largest trading partner for goods and services

The lease of the Darwin Port is still valid for another 93 years.

So should land-bridge be forced to give up its ownership of the port… there is no doubt relations between the nations will shrivel even further.

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Electric vehicles transform last mile delivery market

Australia’s last-mile delivery is rapidly adopting electric vehicles, fueled by green initiatives and insights from expert Joe Sofra.

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Australia’s last-mile delivery is rapidly adopting electric vehicles, fueled by green initiatives and insights from expert Joe Sofra.


The shift towards electric vehicles (EVs) for last mile delivery is accelerating globally, with Australia expected to see significant growth.

Companies and retailers are increasingly adopting greener solutions, driven by supporting government initiatives.

Joe Sofra from ANC discussed the current state of the last mile EV market.

#ElectricVehicles #Sustainability #LastMileDelivery #Innovation #Australia


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Trump gives Hamas ultimatum for Gaza peace plan acceptance

Trump gives Hamas deadline to accept Gaza peace plan amid rising pressure from Arab states and ongoing conflict in the region

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Trump gives Hamas deadline to accept Gaza peace plan amid rising pressure from Arab states and ongoing conflict in the region

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In Short:
– Trump gives Hamas three to four days to accept a U.S.-backed Gaza peace plan, warning of consequences.
– Hamas calls the plan biased and insists on a complete Israeli withdrawal before considering any agreement.
U.S. President Donald Trump has given Hamas three to four days to accept a U.S.-backed peace plan for Gaza, warning of severe consequences if they reject it.The plan, shared by mediators Qatar and Egypt, emerged after Israeli Prime Minister Benjamin Netanyahu endorsed it during a visit to the White House. Hamas, which was not part of the talks, is expected to review the proposal that calls for disarmament, a previously rejected demand.

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Trump stated that support for the plan came from both Israeli and Arab leaders, and he emphasised the need for Hamas to respond promptly. The proposal includes a ceasefire, hostage exchanges, an Israeli withdrawal from Gaza, and disarmament of Hamas, along with a transitional government.

A Hamas source described the plan as biased towards Israel and containing unacceptable conditions.

The group maintains that a complete Israeli withdrawal is a prerequisite for their agreement to any deal, while they are unwilling to disarm.

Pressure Mounts

Hamas faces significant pressure as foreign ministers from Saudi Arabia, Jordan, the UAE, Qatar, and Egypt have supported the initiative. Turkey’s intelligence head is also set to join discussions in Doha, marking a new level of mediation.

Despite expressing initial support, Netanyahu is cautious about the plan’s implications for Palestinian statehood and faces pressure from his coalition. Public sentiment in Gaza reflects a desire for peace, albeit with scepticism about the sincerity of both Trump and Netanyahu’s commitments.


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Trump shocks Hollywood with 100% film tariff

Trump proposes a 100% tariff on foreign movies, potentially reshaping Hollywood and affecting international co-productions. #Trump #Hollywood

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Trump proposes a 100% tariff on foreign movies, potentially reshaping Hollywood and affecting international co-productions. #Trump #Hollywood


Donald Trump has rocked Hollywood with a proposal to impose a 100 per cent tariff on all movies made outside the United States.

The move, aimed at reshaping the entertainment industry, could force studios to shift production back home and disrupt international co-productions

#Trump #Hollywood #FilmIndustry #Movies #TradeWar #TickerNews


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