Australia Can't Revive Manufacturing Without Changing China Trade Rules: Former PM
Morrison made the remarks during testimony at a U.S congressional hearing on the CCP's use of economic coercion against democratic countries.
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New York Post
an hour ago
- New York Post
Muslim Brotherhood's ‘grand jihad' is growing— just over the US border
In a chilling internal memo, the Muslim Brotherhood laid out its long-term strategy to conquer North America through what it called a 'civilization-jihadist process' aimed at 'sabotaging' and 'eliminating and destroying Western civilization from within.' The detailed 18-page document, written in 1991, surfaced in 2007 during the Holy Land Foundation trial — the largest terrorism financing case in US history. More than three decades later, the Brotherhood's strategy is no longer theoretical. It is materializing just north of the US border in Canada. Advertisement 7 Murad Adailah, head of Jordan's Muslim Brotherhood, in an interview. REUTERS The Muslim Brotherhood, a transnational Sunni Islamist movement founded in Egypt in 1928, is committed to establishing a global caliphate governed by sharia, an often extreme set of laws on a range of religious and societal matters that Muslims believe was given to them by God. Though often cloaked in the language of charity and civil society, the Brotherhood's true objective remains Islamist dominance — something its leaders have repeatedly emphasized. Indeed, the group's founder Hassan al-Banna once declared, 'It is the nature of Islam to dominate, not to be dominated, to impose its law on all nations and to extend its power to the entire planet.' Advertisement And while the Brotherhood renounced violence in the 1970s, its ideology is broadly seen as a 'stepping stone' to violent jihad. Its teachings provided the foundation for jihadist groups like Hamas and al Qaeda and inspired notorious terrorists like Osama bin Laden, Islamic State founder Abu Bakr al-Baghdadi and Yahya Sinwar, the mastermind of the Oct. 7 attacks in Israel. 7 Muslim Brotherhood leader Mohammed Badie walks out of a defendant cage to speak before judge during his trial in Cairo, Egypt, Sunday, May 18, 2014. AP Advertisement State actors like Qatar and Turkey strategically lend the Brotherhood substantial support, giving it the resources and legitimacy needed to expand its influence across the West. In Canada, though, these realities are almost entirely absent from public conversation or debate. The country's shockingly permissive immigration policies, multiculturalist ethos and general complacency toward national security threats have made it fertile ground for the Brotherhood's insidious ambitions. 7 Sealed entrance to the Muslim Brotherhood's office in Amman. AFP via Getty Images Advertisement Brotherhood-affiliated organizations have proliferated in Canada for decades, the Institute for the Study of Global Antisemitism and Policy warned last month, methodically expanding and spreading radical Islamist ideology without fear of repercussion. These organizations, often posing as benign religious or charitable entities, have built an extensive infrastructure of mosques, schools and community centers across the country — with the help of significant taxpayer funds. Senior Brotherhood leadership in Canada has reportedly encouraged followers to take up key government positions to push policies in line with sharia. This strategy mirrors the Brotherhood's operations in Europe — and there, authorities have begun to take notice. A recently leaked French government report described the Brotherhood's European activities as a political project designed to gradually transform democratic societies through 'strategic ambiguity.' 7 Senior Brotherhood leadership in Canada has reportedly encouraged followers to take up key government positions to push policies in line with sharia. REUTERS The report warned of the Brotherhood's duplicitous nature — charming in public, conniving in private — and of its aspirations, which are fundamentally at odds with democratic pluralism. The British government reached similar conclusions in a 2015 investigative review. In Canada, these warnings have gone largely unheeded. Politicians fear losing the increasingly important Muslim vote, and dread being labeled 'Islamophobic,' the most feared word in the country. Advertisement As a consequence, the country is witnessing troubling symptoms of burgeoning extremism. 7 Muslim Brotherhood supporters protesting in Cairo. AP Antisemitic incidents in Canada spiked by a staggering 670% in 2024, and the 83 terrorism-related charges filed between April 2023 and March 2024 represented a 488% jump. Those figures, along with the increasingly menacing nature of pro-Hamas demonstrations and widespread youth radicalization, all point to the Brotherhood's growing grip on the ideological landscape. Advertisement And they pose serious ramifications for US national security. The porous northern border, combined with Canada's lax immigration vetting procedures, creates an ideal launch pad for extremist cross-border propaganda and recruitment — and even terror operations. 7 Antisemitic incidents in Canada spiked by a staggering 670% in 2024, and the 83 terrorism-related charges filed between April 2023 and March 2024 represented a 488% jump. dts News Agency Germany/Shutterstock 7 Protestors in Amman, Jordan, waving flags and signs against the US-led Middle East economic conference. AFP via Getty Images Advertisement Last year, for instance, a Pakistani national was arrested as he attempted to enter the United States via Quebec to carry out an ISIS-inspired mass attack on the Jewish community in New York. A new bill in Congress seeks to designate the Muslim Brotherhood as a terrorist organization — but it would mean little to continental security if Canada doesn't follow suit. North America urgently needs a coordinated response. The United States must press Canada to blacklist Brotherhood front groups masquerading as religious and charitable organizations, and to scrutinize its activists' and ideologues' activities. Advertisement Further, US authorities should pay closer attention to a wide range of cross-border activities that could have Brotherhood connections — including academic exchange programs, live speaking events and asset transfers. The Canadian fentanyl threat that President Donald Trump decries pales in comparison to the Muslim Brotherhood's aspirations of a North American Islamic caliphate. Trump must get Canada to prevent its Islamist threat from metastasizing further — or risk the United States becoming collateral damage in the Brotherhood's 'grand jihad.' Casey Babb is an adviser with Secure Canada and director of the Promised Land Project at Ottawa's Macdonald-Laurier Institute, where Joe Adam George is a national-security analyst.
Yahoo
3 hours ago
- Yahoo
Magnetic Resources Joins 2 Other ASX Penny Stocks Worth Watching
The Australian market has experienced a mixed performance recently, with significant declines in materials and financials contrasted by gains in the energy sector. Despite these fluctuations, investors continue to seek opportunities beyond the major players, exploring areas like penny stocks for potential growth. While the term "penny stock" might seem outdated, these smaller or newer companies can still offer surprising value when backed by strong financials and stability. Top 10 Penny Stocks In Australia Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.40 A$114.64M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.14 A$100.95M ★★★★★★ GTN (ASX:GTN) A$0.59 A$112.49M ★★★★★★ IVE Group (ASX:IGL) A$3.00 A$462.55M ★★★★★☆ West African Resources (ASX:WAF) A$2.38 A$2.71B ★★★★★★ Southern Cross Electrical Engineering (ASX:SXE) A$1.78 A$470.65M ★★★★★★ Regal Partners (ASX:RPL) A$2.90 A$975.05M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.815 A$889.49M ★★★★★☆ Austco Healthcare (ASX:AHC) A$0.38 A$138.44M ★★★★★★ CTI Logistics (ASX:CLX) A$1.86 A$149.81M ★★★★☆☆ Click here to see the full list of 464 stocks from our ASX Penny Stocks screener. Here's a peek at a few of the choices from the screener. Magnetic Resources Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: Magnetic Resources NL is involved in the exploration of mineral tenements in Western Australia and has a market cap of A$411.91 million. Operations: Currently, there are no reported revenue segments for the company. Market Cap: A$411.91M Magnetic Resources NL, with a market cap of A$411.91 million, is currently pre-revenue and unprofitable, lacking significant revenue streams. The company has less than a year of cash runway based on its current free cash flow and no long-term liabilities or debt. Its short-term assets significantly surpass short-term liabilities, indicating sound financial management despite its challenges. Recent board changes include the appointment of Aaron Sim as an alternate director, bringing extensive financial advisory experience to the table. Earnings are forecast to grow significantly annually; however, past losses have increased over five years at 18.8% per year. Take a closer look at Magnetic Resources' potential here in our financial health report. Learn about Magnetic Resources' future growth trajectory here. NextEd Group Simply Wall St Financial Health Rating: ★★★★☆☆ Overview: NextEd Group Limited offers educational services across Australia, Europe, and South America with a market cap of A$51.09 million. Operations: NextEd Group's revenue is primarily derived from its International Vocational segment at A$73.79 million, followed by Technology & Design at A$11.29 million, Domestic Vocational at A$9.22 million, and Go Study Group contributing A$6.16 million. Market Cap: A$51.09M NextEd Group Limited, with a market cap of A$51.09 million, primarily generates revenue from its International Vocational segment. Despite being unprofitable and not expected to achieve profitability in the next three years, it benefits from a strong cash runway exceeding three years due to positive free cash flow growth. The company is debt-free but faces challenges with short-term assets not covering liabilities. Recent leadership changes include appointing Andrew Nye as Chief Financial Officer, bringing extensive financial management expertise. Although NextEd trades at good value compared to peers, losses have increased significantly over the past five years. Dive into the specifics of NextEd Group here with our thorough balance sheet health report. Examine NextEd Group's earnings growth report to understand how analysts expect it to perform. Perenti Simply Wall St Financial Health Rating: ★★★★★★ Overview: Perenti Limited is a global mining services company with a market capitalization of A$1.64 billion. Operations: Perenti's revenue is primarily derived from Contract Mining Services at A$2.50 billion, followed by Drilling Services at A$750.65 million, and Mining Services and Idoba contributing A$229.77 million. Market Cap: A$1.64B Perenti Limited, with a market cap of A$1.64 billion, primarily derives revenue from Contract Mining Services (A$2.50 billion). Despite negative earnings growth over the past year and lower profit margins (2.5% compared to last year's 3.9%), the company is trading at a significant discount to its estimated fair value. Perenti's debt management has improved, with a reduced debt-to-equity ratio now at 45.5%, and its short-term assets exceed both short- and long-term liabilities, indicating solid financial footing. Earnings are forecasted to grow annually by 24.84%, supported by high-quality past earnings performance and stable weekly volatility (5%). Get an in-depth perspective on Perenti's performance by reading our balance sheet health report here. Evaluate Perenti's prospects by accessing our earnings growth report. Summing It All Up Jump into our full catalog of 464 ASX Penny Stocks here. Ready To Venture Into Other Investment Styles? AI is about to change healthcare. These 26 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10b in market cap - there's still time to get in early. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:MAU ASX:NXD and ASX:PRN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. 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Epoch Times
6 hours ago
- Epoch Times
Over 50 Canadian Lawmakers Condemn China's Persecution of Falun Gong, Extension of Repression Overseas
More than 50 Canadian parliamentarians have condemned the Chinese regime's 26-year-long persecution of the Falun Gong spiritual practice, calling for an end to the ongoing human rights abuses in China and to transnational repression targeting practitioners in Canada. Fifty-two MPs and a senator with different party affiliations have signed a joint statement urging the Chinese Communist Party (CCP) to 'immediately' end its persecution of Falun Gong. The statement also condemns the regime's escalating transnational repression, which includes surveillance, harassment, intimidation, assault, disinformation, and cyberattacks against the meditation group on Canadian soil. The statement comes as the persecution of the spiritual group entered its 26th year on July 20. 'We, the undersigned Parliamentarians, stand in solidarity with the Falun Gong community and strongly condemn the Chinese Communist Party's (CCP) escalating transnational repression (TNR) and ongoing, 26-year persecution of Falun Gong practitioners,' reads the statement. 'Falun Gong—also known as Falun Dafa—is a peaceful spiritual practice based on the universal values of Truthfulness, Compassion, and Forbearance,' the statement adds. 'Since 1999, the CCP has attempted to eliminate this faith group through systematic and egregious human rights abuses.' Although the discipline is currently practised in more than 100 countries worldwide, it is banned in communist China, where practitioners continue to face severe persecution, with reports of torture, forced labour, killings, and live forced organ harvesting. Bomb and Mass Shooting Threats The parliamentarians' joint statement cites Beijing's targeting in Canada of U.S. dance company Shen Yun Performing Arts—founded by Falun Gong practitioners—as an instance of transnational repression. It notes that venues hosting Shen Yun in four Canadian cities this year received bomb or shooting threats—part of the more than 140 false threats that venues hosting the dance company received worldwide in the past year. Some of these threats have been traced to sources in China. Shen Yun's stated aim, under the tagline 'China before communism,' is to portray traditional Chinese culture through dance and music. Shen Yun's artists find their inspiration in the practice of Falun Gong, according to the company's website, and among them are those who have escaped persecution in China. The Epoch Times learned last year via two sources that Chinese leader Xi Jinping, in a 2022 secret meeting, instructed top state officials on a new strategy to target Falun Gong internationally, including through disinformation campaigns and by using Western media outlets and the local legal system to go after companies started by Falun Gong practitioners. The regime's previous efforts to suppress Falun Gong overseas had essentially failed, according to the Chinese leader. Parliamentarians said in their joint statement that the threats targeting the dance company 'are part of a broader, global CCP-led campaign of sabotage aimed at suppressing Falun Gong and Shen Yun.' 'These actions not only harm the Falun Gong community and disrupt Shen Yun, but also threatens the integrity of Canada's institutions, sovereignty, and core democratic values,' reads the statement. Grace Wollensak, a spokesperson for the Falun Dafa Association of Canada, says she is grateful for the statement issued by the parliamentarians. 'We are glad that these over 50 MPs and senators are speaking out to condemn CCP's repression, not only in China, but also in Canada and around the world,' Wollensak said, noting that the MPs put out the statement in just over two weeks and despite many being on vacation during the summer break. 'We are encouraged that they understand this important issue and are expressing their support and standing in solidarity with Falun Gong practitioners.' She adds that the Chinese regime's transnational repression and smear campaigns span the globe. 'Since 2022, at Xi Jinping's direction, the regime has been engaging in a more aggressive and sophisticated campaign to intimidate, threaten, and silence Falun Gong and entities like Shen Yun Performing Arts, especially in the United States, but also in Canada and other countries,' she said. 'Well-documented incidents include an attempt to bribe U.S. officials to turn against Shen Yun, manipulating the U.S. legal system, issuing over 100 anonymous bomb threats, and undertaking social media manipulation campaigns.' Last year, a U.S. court sentenced a U.S.-based Chinese agent to 20 months in prison for attempting to bribe an Internal Revenue Service official with US$50,000 to revoke Shen Yun's non-profit status. Wollensak says that in Canada, more people have become aware of the CCP's transnational repression efforts, and government officials are more alert to it. 'We are grateful for their understanding,' she said. Harassment, Smear Campaigns, Intimidation A 2024 report submitted to Canada's Foreign Interference Commission by the Falun Dafa Association of Canada outlines various forms of repression faced by practitioners within the country, including physical assault, verbal harassment, intimidation of relatives, and pressure on elected officials to stop supporting Falun Gong. In a recent case, on Jan. 23, 2024, a Chinese man wielded a metal bar and uttered death threats against Falun Gong practitioners who were raising awareness of the persecution outside the Chinese Consulate's visa office in Toronto. He repeatedly struck one of the banners until it was torn, took pictures of practitioners, and threatened to kill them, according to the report. He was arrested by police. Meanwhile, interference attempt stargeting practitioners has also reached government officials, with several politicians at the municipal, provincial, and federal levels having received false emails impersonating Falun Gong practitioners in recent years. These emails used irrational language, according to the Falun Dafa Association of Canada. 'As the West grew more adept at identifying and countering direct CCP propaganda against Falun Gong and it became increasingly clear that Chinese officials involved in the dissemination of such propaganda could be held accountable, the regime resorted to a new tactic: impersonating Falun Gong practitioners and sending elected officials bizarre or aggravating emails designed to discredit the group,' reads the 2024 report. It adds that, over the years, the Falun Dafa Association of Canada has received more than a dozen variations of such false emails forwarded by Canadian elected officials. Intimidation of practitioners' relatives in China has also been a common tactic of transnational repression. In one case, a practitioner in Canada who spoke at a 2010 press conference outside the Chinese Consulate in her city about the persecution she experienced in China reported that local police contacted her husband in China shortly after the press conference to discuss her 'anti-CCP' activities. He was visited again later, prompting him to urge her to stop speaking out in Canada, she said. Ending Transnational Repression A number of Canadian officials have repeatedly called for an end to the persecution of Falun Gong and expressed support for practitioners' efforts to raise awareness. One of them is Conservative MP James Bezan, one of the statement's signatories, who participated in this year's commemoration of World Falun Dafa Day. 'We acknowledged the resilience, strength, and perseverance of the millions of Falun Gong practitioners [who are being] persecuted by Beijing's communist regime in China and those who have escaped to Canada [who] are targeted by their operatives of the Chinese government,' he said in a May 29 social media post. Raoul Wallenberg Centre for Human Rights, a Canadian NGO, also called for an end to the 26-year persecution of Falun Gong, noting that millions of practitioners of this 'peaceful spiritual community' have been imprisoned, tortured, or killed, including through forced organ harvesting. 'What began as a brutal domestic crackdown has evolved into a wide-reaching, systematic effort to suppress Falun Gong practitioners both inside China and abroad, including here in Canada,' the organization said in a July 21 statement. 'We stand in solidarity with the Falun Gong community in Canada and around the world, who continue to endure surveillance, harassment, disinformation, and repression simply for exercising their fundamental rights.' At this year's G7 leaders' summit in Canada, world leaders issued a joint statement condemning the rise of transnational repression, saying they are 'deeply concerned' about foreign governments targeting dissidents abroad. They vowed to counter this threat, saying it 'often impacts dissidents, journalists, human rights defenders, religious minorities, and those identified as part of diaspora communities.' The persecution of Falun Gong and its expansion abroad is an example of the need to counter this form of repression, the joint statement from the parliamentarians said. 'The CCP's campaign against Falun Gong clearly exemplifies the very dangers the G7 has called on the world to resist together,' it says. Joint Statement The following is the joint statement signed by 53 Canadian parliamentarians. Condemning the CCP's Escalating Transnational Repression Against Falun Gong We, the undersigned Parliamentarians, stand in solidarity with the Falun Gong community and strongly condemn the Chinese Communist Party's (CCP) escalating transnational repression (TNR) and ongoing, 26-year persecution of Falun Gong practitioners. Falun Gong—also known as Falun Dafa—is a peaceful spiritual practice based on the universal values of Truthfulness, Compassion, and Forbearance. Since 1999, the CCP has attempted to eliminate this faith group through systematic and egregious human rights abuses. In 2025, bomb and mass shooting threats were sent to venues hosting Shen Yun—a classical Chinese dance company founded by Falun Gong practitioners—in four Canadian cities, among over 140 such incidents reported globally. Some of these threats have been traced to sources in China. These acts are part of a broader, global CCP-led campaign of sabotage aimed at suppressing Falun Gong and Shen Yun. Over the past 26 years, Falun Gong practitioners in Canada have endured surveillance, harassment, intimidation, assault, disinformation, cyberattacks, and other forms of CCP repression. These actions not only harm the Falun Gong community and disrupt Shen Yun, but also threatens the integrity of Canada's institutions, sovereignty, and core democratic values. In the statement issued on June 17, 2025, the G7 Leaders affirmed their commitment to protect communities and condemned transnational repression as a serious threat to rights and freedoms, national security, and state sovereignty. The CCP's campaign against Falun Gong clearly exemplifies the very dangers the G7 has called on the world to resist together.
