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10 things you need to know this morning in Australia

Wednesday 27 February 2019

Business Outsider

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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.
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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.
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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.
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Iron ore's losing streak continues

Iron ore prices fell for a sixth consecutive session on Wednesday.
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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.
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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.
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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.
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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.
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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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