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Trump can't back down on China trade war, says Rabobank's Global Strategist

Trump can't back down on China trade war, says Rabobank's Global Strategist

Rabobank's global strategist Michael Every says Donald Trump won't abandon his geopolitical strategy against China, otherwise the favourable trade deals he's trying to achieve with other nations 'crumbles to nothing'.

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Iran and Israel trade fresh missile strikes amid rising tensions in Middle East, as Donald Trump calls for end to conflict
Iran and Israel trade fresh missile strikes amid rising tensions in Middle East, as Donald Trump calls for end to conflict

Sky News AU

time27 minutes ago

  • Sky News AU

Iran and Israel trade fresh missile strikes amid rising tensions in Middle East, as Donald Trump calls for end to conflict

Iran and Israel have traded a fresh round of rocket fire, as United States President Donald Trump declares the deadly conflict "should end". Tensions have been growing between Tehran and Jerusalem after Israel's strikes on Iranian nuclear facilities on Friday, which it claimed killed senior military officials and scientists. Iran in turn fired 100 drones towards Israel in the hours following the attack, after vowing a "harsh and decisive" response in retaliation to the strikes. The conflict has continued to escalate over the weekend, with both Israel and Iran exchanging a new wave of missiles on late Saturday night, local time. Iran has claimed Israeli strikes have pounded its major Shahran oil depot located north-west of Tehran, with reports of a fire breaking out soon after the attack on the facility. Meanwhile, the Israeli Air Force confirmed it is "attacking military targets in Tehran, in parallel with the activity of intercepting missiles launched from Iran". Israeli Defence Force International Spokesperson Lieutenant Colonel Nadav Shoshani also said the military is attempting to block Iranian strikes. "While the IDF is operating to intercept missiles launched from Iran, the IAF is currently striking military targets in Tehran," he wrote on X on Saturday night. Israel's Defence Minister Israel Katz took to social media to declare "Tehran is burning" not long after news broke of the attack on the oil facility. The conflict has sparked concern for various world leaders, including President Trump who confirmed he discussed the Israel-Iran war during a call with Russian President Vladimir Putin. "The call lasted approximately one hour. He feels, as do I, this war in Israel-Iran should end, to which I explained, his war (with Ukraine) should also end," the President wrote on Truth Social. The Kremlin has confirmed the call took place between the two leaders, in which President Trump claims Putin wished him a happy 79th birthday. Kremlin spokesperson Yuri Ushakov said Putin condemned the Israeli military operation against Iran and expressed concern about the risks of escalation. President Trump's comments mark the first time he has explicitly called for an end to hostilities between Washington's ally Israel and its Middle East rival Iran since it began late last week. Reuters reports that several projectiles could be seen in the night sky over Jerusalem late on Saturday, while sirens could be heard in the northern Israeli city of Haifa. Iran said 78 people were killed on the first day of Israel's campaign, and scores more on the second, including 60 when a missile brought down a 14-storey apartment block in Tehran. Iran had launched its own retaliatory missile volley on Friday night, killing at least three people in Israel. Israel's ambulance service said a woman in her 20s was killed and 13 other people injured when a missile struck a two-story house in northern Israel. - with Reuters

Amazon's $20 billion investment to give Australia a ‘beachhead' in global digital economy
Amazon's $20 billion investment to give Australia a ‘beachhead' in global digital economy

News.com.au

time31 minutes ago

  • News.com.au

Amazon's $20 billion investment to give Australia a ‘beachhead' in global digital economy

Industry Minister Tim Ayres discusses Amazon's announcement to invest $20 billion in data centres in Australia, strengthening the country's AI capability. 'That investment on its own is very significant for Australia's digital infrastructure,' Mr Ayres told Sky News Australia. 'There is very significant scope to cease on these kinds of investments that give Australia a beachhead in the new global digital economy – this is absolutely in economic interest, this is absolutely in our security and broader geopolitical interest in a fast-moving, less secure world.'

Trump celebrates birthday with grand military parade through Washington
Trump celebrates birthday with grand military parade through Washington

The Age

timean hour ago

  • The Age

Trump celebrates birthday with grand military parade through Washington

Trump had brushed off the possibility of weather or protest disruptions. In a social media post Saturday morning, he said the 'great military parade' would be on 'rain or shine.' The protests, he said earlier, 'will be met with very big force.' Hours ahead of the parade, crowds of protesters with anti-Trump signs marched toward the White House, escorted by police vehicles and officers on bicycles. Some held a giant banner that read: 'TRUMP MUST GO NOW.' The parade was added just a few weeks ago to the planned celebration of the Army's birthday and has drawn criticism for its price tag of up to $US45 million ($70 million) and the possibility that the lumbering tanks could tear up city streets. The Army has taken a variety of steps to protect the streets, including laying metal plates along the route. About 6 in 10 Americans said the parade was 'not a good use' of government money. The vast majority of people, 78 per cent, said they neither approve nor disapprove of the parade overall, according to a poll from The Associated Press-NORC Center for Public Affairs Research. Larry Stallard, a retired American Airlines pilot, travelled to Washington from Kansas City for the weekend 'to see the military and see Trump.' Stallard, who voted for Trump, said it was 'hard to believe' people are upset about the cost of the event when 'they blow that in 10 seconds on things that we don't even need.' The daylong display of America's Army comes as Trump has shown his willingness to use the nation's military might in ways other US presidents have typically avoided. In the last week, he has activated the California National Guard without the governor's permission and dispatched the US Marines to provide security during Los Angeles protests related to immigration raids, prompting a state lawsuit to stop the deployments. He similarly sought to project military strength during his first presidential term, saying in 2020 that he wanted forces to 'dominate' the streets following racial justice protests that turned violent and warning governors that he was prepared to send in active-duty fighters if they did not call out the National Guard in their states. Earlier this week, Trump raised eyebrows during a speech at Fort Bragg when members of the 82nd Airborne Division, who were directed to stand behind Trump, booed and cheered during his incendiary remarks, including condemnation of his predecessor, Joe Biden. There also was a pop-up 'Make America Great Again' merchandise stand nearby selling souvenirs to troops in uniform. The Defence Department has a doctrine that prohibits troops from participating in political activity while in uniform. Members of Congress and military leaders have expressed concerns about the political displays during the speech at Fort Bragg. The pageantry was designed to fulfil Trump's expressed desire for a big parade that he tried to get done in his first term after seeing one in Paris on Bastille Day in 2017. Trump said after watching the two-hour procession along the famed Champs-Élysées that he wanted an even grander one in Washington. The parade included about 6600 soldiers, 50 helicopters and 60-ton M1 Abrams battle tanks, all of it viewed by cheering spectators in an atmosphere of heightened security. The parade wound down Constitution Avenue, lined with security fencing and barriers. A flyover of military aircraft included World War II-era planes, including a B-25 Mitchell bomber, and army helicopters flew low over the crowd, below the top of the Washington Monument. Mounted soldiers from the 1st Cavalry Division made an appearance — horses once played a crucial role in warfare, but today they're mostly used in ceremonial events like today's parade. The night also was to include a concert featuring 'God Bless the USA.' singer Lee Greenwood and fireworks. Trump also was expected to swear in 250 new or reenlisting troops. 'No Kings' rallies unfolded in hundreds of cities, designed to counter what organisers said were Trump's plans to feed his ego on his 79th birthday and Flag Day. Organisers said they picked the name to support democracy and speak out against what they call the authoritarian actions of the Trump administration. Ahead of a rally and march toward the White House on Saturday afternoon, about 200 protesters assembled in northwest Washington's Logan Circle and handed out signs and danced to upbeat music from a local street band, including This Land Is Your Land. The mood was celebratory as the group chanted 'Trump must go now' before erupting in cheers. A larger-than-life puppet of Trump was wheeled through the crowd, a caricature of the president wearing a crown and sitting on a golden toilet. Other protesters waved pride flags and hoisted signs, some with pointed messages such as 'I prefer crushed ICE,' referring to the Immigration and Customs Enforcement agency. Other messages were: 'The invasion was HERE Jan. 6th, NOT in L.A.' and 'Flip me off if you're a FASCIST.'

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