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Fears of new China shock as EU industry’s reliance on imports grows

Rising volume of components imported from China prompts warning of cannibalisation of European industriesEurope is facing a fresh China shock that threatens to cannibalise local factories, leading to job losses and de facto colonisation of industry by Beijing, trade analysts and representatives have said.They fear the plunging exchange rate and support for Chinese “zombie firms” has echoes of the crisis in the US 25 years ago when the term “China shock” was coined. It referred to the impact of China bursting on to the global trade stage after becoming a member of the World Trade Organization, with soaring imports displacing local industries and causing the loss of up to 2.5m jobs. Continue reading...

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Australian medical college leader suspended from position over alleged health and safety breach

Dr Sharmila Chandran suspended until 20 September as Royal Australasian College of Physicians agrees to work with regulator to meet its obligationsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe charities regulator has suspended the president-elect of one of Australia’s oldest medical colleges for allegedly contravening a direction from the NSW work health and safety watchdog. The Australian Charities and Not-for-profits Commission (ACNC) on Monday issued a notice suspending Dr Sharmila Chandran as a responsible person of the Royal Australasian College of Physicians, which is a registered charity, until 20 September. SafeWork NSW advised that Chandran’s alleged failure to comply with a directive not to contact RACP staff was exposing them to “immediate and serious risks” to their psychological health and safety, the ACNC said in a public statement.The intervention follows months of conflict within the RACP’s board, which culminated in an extraordinary general meeting last month to which police were called. Continue reading...

Australian taxpayers to pay $11bn to extend lifespan of ageing Collins-class submarines amid Aukus delay

HMAS Farncomb had been due to be retired this year, but is now expected to operate until about 2036Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTaxpayers will fork out an extra $11bn to extend the lifespan of Australia’s ageing Collins-class submarines for another decade, bridging the capability gap before the scheduled arrival of the first Aukus vessels in 2032.Originally designed to have a 30-year working life, the six Adelaide-built submarines have already been operational for between 23 and 30 years. The Albanese government announced in 2024 that it would undertake so-called “life of type extension” works to keep the six Collins class boats in the water for an additional 10 years. Continue reading...

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Lettuce introduce you to the live frog found in this grocery store salad bag

An Australian farmer has found a live frog in a bag of lettuce

‘Huge milestone’ as Libyan militia commander accused of torture to appear at ICC

Prosecution is seen as landmark step towards justice over abuses of refugees trying to reach Europe from AfricaA former militia commander accused of overseeing murder, rape, enslavement and torture in Libyan detention centres will appear at the international criminal court on Tuesday for a hearing that campaigners say is a landmark step towards “justice, truth, reparation and deterrence” of abuses of refugees trying to reach Europe from Africa.The prosecution of Khaled Mohamed Ali El Hishri on charges of war crimes and crimes against humanity is the first to reach a courtroom resulting from the ICC’s investigation into crimes in Libya after the fall of Muammar Gaddafi in 2011. Continue reading...