Politics

French Trade Minister says brutal tectonic shifts in the global order caused by Donald Trump and China have forced it to dump the country’s concerns over beef and pursue critical minerals as a priority.

Anthony Albanese has dodged questions about whether he’s sought clarification from the Trump administration about the ongoing criticism over Australia’s role in the Strait of Hormuz.

Treasurer Jim Chalmers has shared new details about if Australia could be plunged into recession as a result of the deepening oil crisis amid slower economic growth and higher inflation.

The US President has criticised Australia for not supplying military support in the Strait of Hormuz, saying: ‘They were not there when we asked them to be.’

Core inflation could hit peak COVID-19 pandemic levels, with up to five Reserve Bank rate hikes, if the Middle East crisis isn't resolved soon, analysts warn.

The US President says Israel and Lebanon have agreed to a 10-day ceasefire, as negotiations begin on what he claims could become a lasting peace deal.

The president is struggling with the consequences of his actions, raging in protest of the fact that for all its firepower, the United States cannot bomb Iran into submission.

The global economy is at a dangerous point, battered by shocks and upheavals, Jim Chalmers has told G20 colleagues meeting in Washington.

Australia has secured 100 million litres of additional diesel from Brunei and South Korea using new strategic reserve powers with the PM declaring he expected the two new shipments would be the ‘first of many’.

Australia will pour billions of dollars into drones and missiles as Defence Minister Richard Marles warns there are real risks to Australia in a more hostile world.

Former prime minister Paul Keating has accused Opposition Leader Angus Taylor of ‘adopting racism’ through his immigration policy. 

Australia and Malaysia have backed Pope Leo’s call for peace after Donald Trump repeatedly attacked the Pontiff for speaking out about the number of innocent people being killed in the war.

The bill for building nuclear-powered submarines over the next decade could be as high as $96 billion, according to updated figures published by the Defence Department today.

Both the United States and Iran must compromise to protect the ceasefire and end this futile war.