Smart Economy
Australia commits $2.7bn to advance AUKUS submarine shipyard

Australia will invest A$3.9 billion ($2.76 billion) to advance construction of a shipyard critical to delivering nuclear-powered submarines under the trilateral AUKUS defence pact with the United States and Britain, Prime Minister Anthony Albanese announced on Sunday.

Iran says nuclear talks with US possible if trust is restored

Iran’s foreign minister said on Sunday that the door remains open to meaningful nuclear negotiations with the United States if trust can be rebuilt, while cautioning that any military conflict would spread across the wider Middle East.

SpaceX seeks approval to deploy up to one million AI-powered satellites

Elon Musk’s SpaceX has applied for permission to launch up to one million satellites into low-Earth orbit, proposing a vast new network of “orbital data centres” designed to support the growing demands of artificial intelligence.

US leads NATO defense spending as European allies follow behind

The United States remains by far the largest military spender among NATO countries, according to recent data highlighting defense budgets across key member states.