First TACO, now TWIT: Trump will inevitably tank the economy
This time, Donald Trump didn't chicken out. Instead, he launched what some describe as the boldest use of American military power since George W. Bush's shock-and-awe assault on Saddam Hussein in 2003.
Trump had a bit on his mind when he prematurely exited the G7 leaders summit in the Canadian Rockies late last week, standing up Anthony Albanese in the process.

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News.com.au
an hour ago
- News.com.au
Albanese government ‘glad' Iran's nuclear program ‘set back', senior minister says
The minister in charge of Australia's national security has kept tight-lipped on the damage US strikes dealt to Iranian nuclear facilities last week. Leaked US intelligence suggested the attack had only set Iran's nuclear program back a few months, casting serious doubt on Donald Trump's claim it had been 'obliterated'. Home Affairs Minister Tony Burke on Sunday refused to comment on intelligence on the US strikes, but said there is no doubt they set back Iran's nuclear program. 'First of all, it is in the interests of global peace that Iran does not have a capacity with nuclear weapons,' Mr Burke told Sky News. 'Iran has been in breach of international obligations on that and the US strikes were targeted very specifically at the potential of nuclear weapons from Iran, and we are glad that those setbacks have occurred.' The US President has responded to the leaked intelligence by lashing out at the 'fake news' media that reported it and ordering an investigation while doubling down on his original assessment. Mr Trump's position has been closely echoed by his cabinet, including Defence Secretary Pete Hegseth, who accused the White House press corps of cheering 'against Trump'. 'Because you want him not to be successful so badly, you have to cheer against the efficacy of the strikes,' he told reporters earlier this. 'You have to hope they were not effective.' Asked directly about the debate raging in the US over the outcome of the strikes, Mr Burke said he understood the conversation 'has been the extent of the setbacks'. 'But I haven't seen anyone doubt that the US strikes on those sites has caused a significant setback for Iran's capability in terms of developing nuclear weapons,' he said. Last week's operation involved US B-2 stealth bombers flying 36 hours to drop so-called bunker-buster bombs on three Iranian facilities, including Fordow, which is nestled deep in a mountainous area. The US action came after Israel launched an air offensive targeting Iranian nuclear and military sites. The offensive killed dozens of senior atomic scientists and military officials. In the week leading up to Israel's 'pre-emptive' strikes, the UN's atomic watchdog declared that Iran was breaching its obligations, with inspectors admitting they could not say if the Islamic republic's nuclear program was 'exclusively peaceful'.

AU Financial Review
3 hours ago
- AU Financial Review
Buffett donates $9.1b in Berkshire shares to charities
Israeli strikes killed at least 72 people across Gaza overnight and into Saturday local time (Sunday AEST), health workers said, as ceasefire prospects were said to be improving after 21 months of war. Three children and their parents were killed in an Israeli strike on a tent camp in Muwasi near the southern city of Khan Younis. They were struck while sleeping, relatives said. 'What did these children do to them? What is their fault?' said the children's grandmother, Suad Abu Teima, as others knelt to kiss their bloodied faces and wept. Some placed red flowers into the body bags. Also among the dead were 12 people near the Palestine Stadium in Gaza City, which was sheltering displaced people, and eight more in apartments, according to staff at Shifa Hospital. More than 20 bodies were taken to Nasser Hospital, according to health officials. A midday strike killed 11 people on a street in eastern Gaza City, and their bodies were taken to Al-Ahli Hospital. Another strike on a gathering in eastern Gaza City killed eight including five children, the hospital said. A strike on a gathering at the entrance to the Bureij refugee camp in central Gaza killed two, according to Al-Awda Hospital. Hopes for a ceasefire agreement in the coming week US President Donald Trump says there could be a ceasefire agreement within the next week. Taking questions from reporters on Friday, he said, 'We're working on Gaza and trying to get it taken care of.' An official with knowledge of the situation told The Associated Press that Israeli Minister for Strategic Affairs Ron Dermer will arrive in Washington next week for talks on a Gaza ceasefire, Iran and other subjects. The official spoke on condition of anonymity because they were not authorised to speak to the media. Indirect talks between Israel and Hamas have been on again, off again since Israel broke the latest ceasefire in March, continuing its military campaign in Gaza and furthering the territory's dire humanitarian crisis. Some 50 hostages remain in Gaza, fewer than half believed to still be alive. They were among 251 hostages taken when Hamas attacked Israel on October 7, 2023, sparking the war. The war has killed over 56,000 Palestinians, according to the Health Ministry, which does not distinguish between civilians and combatants. It says more than half of the dead were women and children. It said the dead include 6089 killed since the end of the latest ceasefire.

Sky News AU
3 hours ago
- Sky News AU
Israeli strikes kill more than 60 people in Gaza
Health officials in Gaza have reported that at least 62 people have been killed by Israeli air strikes on Friday. A dozen of those were killed near the Palestine Stadium in Gaza City, which is sheltering displaced people. US President Donald Trump has suggested Israel and Hamas could reach a ceasefire agreement next week amid the ongoing war.