Connect with us

World

UK, Australia strike new free trade agreement

Published

on

Australia and the United Kingdom have agreed to a new trade deal, a first major deal post-Brexit.

The Australian Prime Minister had a working dinner with British Prime Minister Boris Johnson at Downing Street last night, with a formal announcement expected on Tuesday.

According to the BBC, the meal served up to the pair on Monday evening included Welsh lamb and Scottish smoked salmon, and was washed down with Australian wine.

It is the first trade deal to be negotiated from scratch since the UK left the EU.

The new deal is expected to give UK and Australian food producers and other businesses easier access to each other’s markets.

However, the leaders were initially stuck on several issues, including a plan by the British to add tariffs to Australian farming imports for the next ten years.

Behind the scenes, bureaucrats have been working frantically to reach a deal, and now both leaders are believed to have made concessions.

The new trade deal is expected to give UK and Australian food producers and other businesses easier access to each other’s markets.

According to the National Farmers Union (NFU), Australian farmers are able to produce beef at a lower cost of production, and could undercut farmers in the UK.

Australia’s top 10 export markets

Australia still leads the world when it comes to exporting ironcoal and petroleum gases.

Australia’s biggest export products by value in 2020 were iron, coal, petroleum gases, gold and aluminium. In aggregate, those major exports account for 63.1% of overall exports sales from Australia.

The following export product groups categorize the highest dollar value in Australian global shipments during 2020. Also shown is the percentage share each export category represents in terms of overall exports from Australia.

  1. Ores, slag, ash: US$91.3 billion (35.9% of total exports)
  2. Mineral fuels including oil: $65.4 billion (25.7%)
  3. Gems, precious metals: $19.6 billion (7.7%)
  4. Meat: $10.4 billion (4.1%)
  5. Inorganic chemicals: $5.2 billion (2%)
  6. Machinery including computers: $4.4 billion (1.7%)
  7. Cereals: $3.8 billion (1.5%)
  8. Pharmaceuticals: $3.4 billion (1.4%)
  9. Electrical machinery, equipment: $3.1 billion (1.2%)
  10. Aluminum: $3.1 billion (1.2%)

World

India’s ban on single-use plastics comes into effect

Published

on

India is banning many single-use plastics in a bid to tackle pollution

India produces around four million tonnes of plastic waste each year. But authorities will begin cracking down on usage and production of single-use plastics from Friday.

India’s Government believes 60 per cent of plastic waste is recycled. But a survey by the Centre for Science and Environment found the figure was 12 per cent in 2019.

When plastic waste is not recycled correctly, it creates fire hazards and air pollution, which blankets India’s major cities. It can also enter local waterways, which poisons wildlife.

New Delhi is the world’s most polluted city.

Some plastic bags and multi-layered packaging are exempt from these latest changes.

Millions of people are employed in the country’s plastic industry, with many pushing the government to delay the ban.

Street vendors are also expressing concerns around the changes.

The nation’s capital, New Delhi is the world’s most polluted city.

The Air Quality Institute found 510 million people who live in northern India “on track” to lose 7.6 years off their lives if pollution levels remain as they are.

Local authorities are set to decide the penalties for people in breach of the single-use plastics ban.

Continue Reading

World

U.K. Government in crisis as Tory whip resigns over sexual assault allegations

Published

on

Boris Johnson’s government is in crisis as the Tory whip resigned over allegations he groped two men while drunk

In his resignation letter, Chris Pincher admitted he “drank far too much” and embarrassed himself and other people.

“I think the right thing to do in the circumstances is for me to resign as Deputy Chief Whip. I owe it to you and the people I’ve caused upset to, to do this.”

CHRIS PINCHER

According to sources from Downing Street, it is unlikely Pincher will face any further action, and he will remain as a Conservative MP.

The Sun newspaper first reported the resignation, saying he was drinking at the Carlton Club when he is accused of assaulting two other male guests.

Reports suggest several concerned Tory MPs contacted the Conservative whips’ office to complain about Pincher’s behaviour.

Prime Minister is yet to comment on the matters.

Continue Reading

World

Beijing issues a stark warning to Canberra

Published

on

Beijing is warning Australia will “bear the consequences” if there are any military disputes in the South China Sea

China’s Defence Ministry says Australia is engaging in “risky” behaviour, as surveillance jets fly near the disputed Paracel Islands.

“What is the duty of a soldier? That is to defend the homeland,” says Colonel Tan Kefei.

The islands are claimed by China, Vietnam and Taiwan.

It comes just weeks after an Australian Air Force was challenged by a Chinese J-16 fighter in the disputed territory.

A Chinese J-10 fighter, similar to the one involved in the incident.

Australia’s Defence Minister Richard Marles says some aluminium chaff was drawn into the engines of the P-8A Poseidon.

“The J-16 then accelerated and cut across the nose of the P-8 settling in front of the P-8 at a very close distance,” he said.

The aircraft made its way back to its base, and Marles said the crew responded “professionally”.

It’s believed the Chinese jet also fired flares and chaff as a countermeasure.

The Defence Minister said he had communicated his concerns to Chinese authorities over the incident.

But China’s defence spokesperson, Colonel Tan says “those who come uninvited shall bear the consequences.”

Canada has also been in the firing line, as they reportedly carry out U.N. missions near North Korea.

But Chinese authorities believe the jets were monitoring China “under the pretext of enforcing U.N. Security Council resolutions”.

“No matter what the name or excuse is, it is completely unreasonable to send military planes to the door of others to provoke and jeopardise the national security of other countries,” says Colonel Tan.

Australia’s Prime Minister met with Canada’s leader, Justin Trudeau on the sidelines of the NATO Summit in Madrid this week.

Continue Reading

Trending on Ticker

Copyright © 2022 The Ticker Company PTY LTD