Latest / The Front / US, Saudi Arabia unite in strikes against Iran
Transcript
- 0:01Speaker 1: Today's biggest news from the Australian I'm Christinamia with the
- 0:04Speaker 1: Front's afternoon headlines. The pressure is on Donald Trump to
- 0:10Speaker 1: make a deal with Iran after the United States and
- 0:13Speaker 1: Saudi Arabia conducted their first joint strikes on Iranian assets.
- 0:18Speaker 1: The joint operation comes after Iran launched a surprise attack
- 0:21Speaker 1: on US troops in Jordan and rejected a proposal by
- 0:25Speaker 1: Oman to evenly divide control of the Strait of Hormuz.
- 0:30Speaker 1: It's the vital shipping route through which about twenty percent
- 0:32Speaker 1: of the world's oil passed before the Iran conflict kicked
- 0:36Speaker 1: off in February. The situation has prompted a new push
- 0:40Speaker 1: for mediation between the warring nations as the global economy
- 0:43Speaker 1: wears the effects of the hostilities. Just today, after Reserve
- 0:48Speaker 1: Bank boss Michelle Bullock warned more rate rises could be
- 0:51Speaker 1: on the cards, inflation has taken a dive. Headline inflation
- 0:55Speaker 1: dropped from four percent to three point eight percent in
- 0:58Speaker 1: the year to June, a bigger fall then expected. Treasurer
- 1:02Speaker 1: Jim Chalmers said the new numbers approved. The Albanese Labour
- 1:05Speaker 1: government is making inroads on skyrocketing inflation as the Middle
- 1:09Speaker 1: East conflict drags on. The Reserve Bank likes headline inflation
- 1:14Speaker 1: to sit between two and three percent before it starts
- 1:17Speaker 1: cutting the cash rate, but the trimmed mean that's the
- 1:20Speaker 1: RBA's preferred inflation number, is holding steady at three point
- 1:24Speaker 1: six percent. The Central Bank is expecting that number to
- 1:28Speaker 1: rise this year. Australia's Commonwealth Games gold rush continued in
- 1:34Speaker 1: Glasgow overnight, with nine athletes scooping up gold medals in
- 1:38Speaker 1: the pool, athletics and gymnastics. Sprinter Lachlan Kennedy ran a
- 1:43Speaker 1: narrow second place in the men's one hundred meter finals,
- 1:47Speaker 1: but smashed Australia's national record to become the fastest one
- 1:51Speaker 1: hundred meter runner in Australian history. Kennedy on the line,
- 2:00Speaker 1: I think check out those stories live right now at
- 2:06Speaker 1: the Australian dot com dot au and come back to
- 2:09Speaker 1: the front first thing in the morning for our look
- 2:12Speaker 1: at the latest development in a legal saga that's enveloped
- 2:15Speaker 1: successive governments. It's the settlement reached between the Commonwealth and
- 2:20Speaker 1: the former political staffer Fiona Brown. That's right here Thursday morning,