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24 August 2026

Treasury Secretary Scott Bessent to unveil new economic sanctions on Iran

Downunder Voices Newsroom

Source reporting: NPR News

Treasury Secretary Scott Bessent to unveil new economic sanctions on Iran

The Trump administration calls this "economic D-Day" on Iran. Iran vows to respond to fresh sanctions in a "seismic manner." (Image credit: Jacquelyn Martin)

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24 August 2026

Albanese seeks to quell datacentre disquiet as climate expert warns ‘we’ve got one shot to get the rules right’

Prime minister will use national cabinet meeting to assuage premiers over new AI law as AEMO forecasts seven-fold rise in datacentre power use Faced with growing opposition from conservative governments in Queensland and the Northern Territory, Albanese will tell national cabinet he plans a major piece of legislation next year to ensure the economic benefits of AI are shared widely.

Source: Guardian Australia PoliticsOriginal source

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24 August 2026

Shipping and logistics billionaire Klaus-Michael Kühne dies

Klaus-Michael Kühne, the German billionaire who turned his family freight-forwarding business into a global logistics giant and became one of Hapag-Lloyd’s most influential backers, has died aged 89. Kuehne+Nagel said Kühne died overnight at his home in Schindellegi, Switzerland. He is survived by his wife, Christine. “With Klaus-Michael’s death, we have lost a visionary, a …

Source: Splash247Original source

24 August 2026

Tianjin Port wins approval for new multipurpose berths

Tianjin Port has secured a key approval for a RMB1. 48 billion ($220 million) multipurpose terminal in the northern Chinese gateway. The project has gained sign-off from the country’s transport ministry to use 650 metres of waterfront. The Huisheng terminal project, located in Tianjin’s Beijiang port area, will comprise one 100,000-tonne-class and one 30,000-tonne-class multipurpose berth, […] The post Tianjin Port wins approval for new multipurpose berths appeared first on Port Technology International .

Source: Port TechnologyOriginal source