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China’s hunger for Australian barley is back

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1 year ago

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China has revived its demand for Australian barley after a three-year hiatus imposed by crippling tariffs, reigniting a nearly $1 billion market.

The resurrection of this trade relationship comes as a welcome development for Australian barley farmers who have long yearned for a return to their largest export market.**

This revival follows the resolution of a trade dispute that had seen China impose punitive tariffs on Australian barley exports in 2018. At its peak, the barley trade between these two nations was valued at nearly $1 billion, but it crumbled under the weight of political tensions and trade disputes. The recent diplomatic breakthrough, signaling improved relations between China and Australia, has provided a much-needed boost to the Australian agricultural sector.

The revival of the barley trade raises questions about the broader implications for Australia’s agricultural exports to China.

Could this signal a thawing of tensions in other areas of trade between the two countries, or is it merely an isolated event?

The Australian government and farmers alike are hopeful that this marks the beginning of a trend towards increased collaboration.

Amid ongoing global trade uncertainties and supply chain disruptions, the resumption of barley exports to China brings a sense of stability to Australian farmers. However, it also underscores the vulnerability of agricultural markets to geopolitical tensions and trade disputes. As both nations tread carefully in this renewed trade relationship, observers are keen to see how it evolves in the coming months and whether it can weather the storms of international politics.

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Trump calls for Iran’s surrender

Israel and Iran escalate conflicts with missile strikes, prompting Netanyahu’s airstrikes and Trump’s call for Iran’s surrender.

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7 hours ago

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June 20, 2025

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Israel and Iran escalate conflicts with missile strikes, prompting Netanyahu’s airstrikes and Trump’s call for Iran’s surrender.


Missile strikes between Israel and Iran are intensifying, with both nations targeting nuclear and military sites.

After a missile hit an Israeli hospital, Prime Minister Netanyahu retaliated, launching 20 fighter jets into Western Iran.

Meanwhile, President Trump has demanded Iran’s unconditional surrender and hinted at possible U.S. military involvement.

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Israel strikes Iran’s nuclear sites after hospital hit

Israel’s airstrikes on Iranian nuclear sites escalate tensions after a missile attack on an Israeli hospital, prompting Iranian retaliation and casualties on both sides.

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7 hours ago

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June 20, 2025

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Israel’s airstrikes on Iranian nuclear sites escalate tensions after a missile attack on an Israeli hospital, prompting Iranian retaliation and casualties on both sides.


Israel has launched preemptive airstrikes on Iranian nuclear sites after a missile attack struck an Israeli hospital, marking a dramatic escalation in regional tensions.

Iran has retaliated with counterstrikes, as both nations report casualties. Israel claims the campaign is necessary to stop Iran from obtaining nuclear weapons—an accusation Tehran denies.

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Money

Fed signals slower cuts amid rising risks

U.S. Federal Reserve revises economic forecasts downward, expecting growth slowdown and higher unemployment, but still plans rate cuts in 2024 and 2025.

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1 day ago

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June 19, 2025

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U.S. Federal Reserve revises economic forecasts downward, expecting growth slowdown and higher unemployment, but still plans rate cuts in 2024 and 2025.


At its latest meeting, the U.S. Federal Reserve revised its economic forecasts downward, with growth trimmed, inflation nudged up, and unemployment expectations now higher.

Despite this gloomier outlook, the Fed still sees two rate cuts in 2025, but just one in 2024 and one in 2026, a major dial-back from earlier projections.

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#FederalReserve #InterestRates #JeromePowell #Inflation #USEconomy #FedMeeting #tickernews

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