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North Korea launches tactical nuclear attack submarine

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North Korea has unveiled its first operational “tactical nuclear attack submarine” and deployed it to the fleet responsible for patrolling the waters between the Korean peninsula and Japan. 

North Korean leader Kim Jong Un personally attended the launch ceremony, emphasising the urgency of arming the navy with nuclear weapons, according to state media reports on Friday.

He pledged to transfer additional underwater and surface vessels equipped with tactical nuclear weapons to the naval forces, as reported by the North Korean news agency KCNA.

The submarine, designated as Submarine No. 841 and named Hero Kim Kun Ok after a North Korean historical figure, is intended to play a pivotal role as “one of the core underwater offensive assets” of North Korea’s naval forces, Kim Jong Un stated.

North Korea further revealed plans to retrofit its existing submarines with nuclear-armed capabilities and expedite the development of nuclear-powered submarines.

Kim stressed that rapidly advancing their naval forces is imperative, particularly in response to perceived aggressive actions by the United States and South Korea.

While details about the specific missiles carried by the new submarine remain undisclosed, North Korea has previously conducted tests of submarine-launched ballistic missiles (SLBMs) and cruise missiles.

The development of miniaturised nuclear warheads for these missiles would be a significant milestone for North Korea.

Although North Korea possesses a substantial submarine fleet, only the experimental ballistic missile submarine 8.24 Yongung has been known to launch a missile. The unveiling of this new nuclear-armed submarine adds a concerning dimension to regional security and raises further questions about the state’s nuclear capabilities.

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Tasmania AFL team confirmed: Macquarie Point stadium legislation passes

Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.

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Tasmania joins AFL with the Tassie Devils set for 2028; legislation passed for Macquarie Point stadium.


Tasmania is officially joining the AFL! After a marathon debate, the Legislative Council has passed the Macquarie Point stadium-precinct legislation 9-5. This milestone paves the way for the Tassie Devils Football Club to join the AFL in 2028, marking a historic moment for Tasmanian sport.

In an exclusive segment of Footynomics: The Business of Sport, Professor Tim Harcourt discusses the significance of this legislation, the social and economic impact of a new AFL team, and why this process took longer than expected.

We also explore what comes next for Tasmania, the AFL, and the broader implications for sports both in Australia and internationally.

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#TasmaniaAFL #TassieDevils #AFLExpansion #Footynomics #MacquariePoint #SportsEconomics #AustralianFootball #TickerNews


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Australian Dollar hits five-week high amid weak GDP and US Dollar

Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.

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Australian dollar hits five-week high amid soft US dollar, traders eye RBA policies and Fed meeting impacts.


The Australian dollar has surged to a five-week high as disappointing GDP data and a softer US dollar reshape trader expectations. Market participants are closely watching the Reserve Bank of Australia’s next policy meeting to gauge future interest rate decisions.

We sit down with Steve Gopalan from SkandaFX to break down what these developments mean for the Australian economy and global markets. From Q3 growth figures to inflation indicators, Steve explains the key drivers behind the Aussie dollar’s recent gains.

Traders are also keeping an eye on the Federal Reserve’s upcoming policy meeting, as a weaker US dollar could have further implications for the Australian currency. Stay informed with expert insights and what to expect in the weeks ahead.

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#AustralianDollar #ForexNews #AUD #GDPUpdate #USdollar #InterestRates #RBA #MarketAnalysis


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EU launches antitrust probe into Meta over WhatsApp AI policy

EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.

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EU probes Meta’s WhatsApp AI chatbot policy for potential antitrust violations affecting third-party developers and competition.


The European Commission has opened an antitrust investigation into Meta over WhatsApp’s new AI chatbot policy. The inquiry examines whether the policy restricts third-party AI developers from accessing WhatsApp’s business tools, potentially breaching EU competition rules.

Meta updated its terms, effective January 2026, which have already barred new AI providers since October 15. The rules prohibit AI developers from using WhatsApp as their primary service, affecting a number of AI companies looking to integrate with the platform.

The EU’s competition commissioner is considering interim measures to ensure fair competition. If Meta is found in violation, it could face fines of up to 10% of its global annual revenue.

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#Meta #WhatsApp #EURegulation #AIChatbots #TechNews #Antitrust #DigitalCompetition #MetaAI


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