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Australia faces same issues that flipped control of US Congress in midterms, experts say

6 days 7 hours ago

Anthony Albanese’s government has taken a blow due to Iran war but voter anxiety around cost of living and datacentres may hit harder

The Democrats’ stunning midterm victory should broaden Australia’s alliance with the US, observers say, even as a new power base emerges in Washington, affecting Aukus, datacentre development and relations with China.

Cabinet ministers, diplomats and Australia’s defence industrial sector closely watched the results this week, with control of the US Congress flipping to the Democrats and the outlook for Donald Trump’s final two years in office badly dinted.

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Indian Shares Rebound After Early Slide

6 days 7 hours ago
(RTTNews) - Indian shares were moving higher on Friday, shrugging off early losses as traders locked in profits at higher levels following recent strong gains amid an ongoing tech sell-off in global markets.