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Hotly contested AUKUS alliance gains strength

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The US, Australia, and UK have signed a key deal in their nuclear sub alliance

Australia’s Defence Minister Peter Dutton has signed an agreement to exchange sensitive ‘naval nuclear and propulsion information” between their nations.

The hotly contested programme will equip Australia’s navy with nuclear-powered submarines in a new defence alliance with Britain and the US.

It’s the first agreement on the technology to be publicly signed since the three countries announced the alliance in September.

190306-N-N0101-125 WASHINGTON (March 6, 2019) An artist rendering of the future Columbia-class ballistic missile submarines. The 12 submarines of the Columbia class are a shipbuilding priority and will replace the Ohio-class submarines reaching maximum extended service life. The Columbia-class Program Executive Office is on track to begin construction with USS Columbia (SSBN 826) in fiscal year 2021, deliver in fiscal year 2028, and on patrol in 2031. (U.S. Navy illustration/Released)

The AUKUS agreement has angered China

AUKUS seeks to confront tensions in the Pacific where conflict between China and the U-S is growing.

Under the deal Australia will obtain eight nuclear-powered submarines that are capable of long-range missions.

The communist nation has labeled it an “extremely irresponsible” threat to stability in the region.

Costa is a news producer at ticker NEWS. He has previously worked as a regional journalist at the Southern Highlands Express newspaper. He also has several years' experience in the fire and emergency services sector, where he has worked with researchers, policymakers and local communities. He has also worked at the Seven Network during their Olympic Games coverage and in the ABC Melbourne newsroom. He also holds a Bachelor of Arts (Professional), with expertise in journalism, politics and international relations. His other interests include colonial legacies in the Pacific, counter-terrorism, aviation and travel.

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Leaders

Trump does not want another debate rematch with Harris

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Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.

“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.

Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending

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News

Billionaire & engineer make history after world’s first private space mission

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A billionaire and an engineer have made history with the world’s first private spacewalk aboard SpaceX’s Crew Dragon capsule.

Jared Isaacman and Sarah Gillis stepped outside SpaceX’s Crew Dragon capsule for nearly two hours, tethered to the craft as it orbited Earth.

This risky mission tested new spacesuits and technology, pushing the limits of private space travel. #featured #trending

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Money

What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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