10 things you need to know this morning in Australia

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North Korea contradicts Trump's summary of collapsed summit with Kim Jong Un North Korea's foreign minister has contradicted President Donald Trump's summary of his second meeting with Kim Jong Un.

The Australian dollar falls heavily. Again Stronger-than-expected US GDP growth in late 2018 was the main catalyst behind the fall.

Uber is reportedly in 'advanced talks' to buy its biggest rival in the Middle East for $3 billion Uber is in "advanced talks" to buy Careem, a ride-hailing company in the Middle East, Bloomberg reported Tuesday. In an interview last week, Careem's CEO seemed to hint that an acquisition was not in the cards.

Iron ore's losing streak is over Iron ore spot prices rose for the first time in over a week on Thursday.

Here's what we know about Facebook's big, secretive push into cryptocurrency Facebook is reportedly planning to launch a cryptocurrency for WhatsApp in the first half of 2019. The company has some key execs working on this secretive blockchain project.

Tesla has suspended orders ahead of Elon Musk's big announcement "The wait is almost over," the website said in place of an order option.

The lifeblood of Venezuela's economy is taking a beating in the wake of Trump's sanctions Oil shipments from Venezuela have reportedly fallen by more than a third over the past month. That's after the Trump administration imposed sanctions on the country's state-run oil industry.

Canadian Prime Minister Justin Trudeau is facing his first major scandal since taking office His former Justice Minister and attorney general accused him in a recent hearing of improperly pressuring his officials to drop a major investigation into an influential construction company.

Trump declares 100% of the ISIS caliphate has been liberated, but forces on the ground say it's not over yet The announcement comes a few weeks after the president predicted all ISIS territory would be recaptured in just a week's time and months after Trump declared victory over the terror organisation.

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Good morning! View this email via your browser

10 things you need to know this morning in Australia Good morning!

Trump calls North Korea's Kim Jong Un, who's threatened the US with nuclear war, a 'great leader' The two leaders met in Vietnam on Wednesday to continue negotiations on the denuclearization of the Korean Peninsula.

Your 10-second guide to today's Australian CAPEX report Australia will receive the latest piece of its Q4 GDP jigsaw puzzle today with the release of private sector capital expenditure (CAPEX) figures from the ABS.

Tesla may unveil the Model Y this year — here's everything we know about the vehicle so far Tesla CEO Elon Musk has indicated that Tesla will unveil its next vehicle, the Model Y crossover SUV, this year. Musk has said the vehicle will transform Tesla's manufacturing process.

Iron ore's losing streak continues Iron ore prices fell for a sixth consecutive session on Wednesday.

UK Labour MP Chris Williamson suspended for antisemitism remarks Footage emerged this week of Williamson, a close ally of Labour leader Jeremy Corbyn, telling activists Labour had been "too apologetic" about incidents of anti-Jewish behaviour within the party.

Scientists are warning of a California mega-storm that could cause twice as much damage as the next big earthquake A recent government report found that the mega-storm could breach the Whittier Narrows Dam in Los Angeles County, resulting in even more devastation.

Brazil's notoriously high homicide rate went down for the first time in years, but security experts warn it could end up being a blip Brazil decreased its homicide rate by 13% in 2018, the lowest since 2011. Security experts warn that Brazil's newly elected president, Jair Bolsonaro, could jeopardize this achievement.

The worst of Apple's iPhone problems are over, UBS says The worst of Apple's iPhone weakness - a theme that's dominated investors' concerns and weighed heavily on its stock - is now behind investors, according to a new report from UBS.

America's farmers are swimming in $409 billion of debt Farmers are facing debt levels last seen during the 1980s farming crisis. Low commodity prices and rising input costs are in part to blame. The US-China trade war has put further strain on the industry.

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