360LiveNews Breakfast News: Venezuela quake toll rises as Iran tensions, UK heatwave and market swings dominate
Two powerful earthquakes have struck Venezuela near the coastal town of Moron, killing at least 32 people and injuring more than 700. The quakes hit within minutes of each other and were felt in Caracas and other parts of the country, with authorities still assessing the scale of the damage.In the Middle East, tensions over Iran and the Strait of Hormuz remain high. Iran, the United States and Oman are at odds over who should control navigation through the vital shipping chokepoint, while the US Senate has withdrawn a war powers resolution aimed at limiting presidential force against Iran. The... [Continue Reading]
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Queensland teen acquitted over alleged terror attack plan targeting Liberal Party members
A Queensland teenager has been acquitted by a Supreme Court jury of planning a terrorist act against members of the Liberal Party and the public. The verdict was delivered in Brisbane after jurors deliberated for more than one day. Family members in the public gallery were seen breaking down in tears as the decision was read out.The now 17-year-old, who cannot be legally identified under Queensland youth justice laws, had pleaded not guilty to one count of acts done in preparation for or in planning a terrorist act. The trial heard allegations that, when he was 16, he planned and... [Continue Reading]
Gilmour Space plans first hypersonic rocket launch from Bowen in July or August
Gilmour Space Technologies says it is preparing to launch its first hypersonic rocket from Bowen in North Queensland, with the flight expected in July or August pending government approvals. The company says the sub-orbital rocket will be part of its Hyperflight service and is intended to reach the edge of space before descending back to Earth. It says the service is designed for Defence and research customers rather than as weaponry.The company said the planned launch would allow clients, including government agencies and Defence organisations, to test equipment in extreme flight conditions at up to seven times the speed of... [Continue Reading]
Sev.en Global Investments sues CS Energy over Callide power station failures
A joint venture partner in Queensland's Callide power station has launched a Federal Court lawsuit against the state-owned operator, CS Energy, seeking more than $1 billion. Czech-based Sev.en Global Investments says repeated failures at the plant have caused major losses in generation capacity over the past five years. The legal action was filed on Friday in Australia and centres on three separate incidents at the power station.Sev.en Global Investments said the failures led to the loss of more than 1,700 days of generation capacity. It said it is seeking to recover losses linked to those outages and the cost of... [Continue Reading]
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