1. Donald Trump has slammed China with tariffs on $200 billion worth of goods. Overnight, the US President said tariffs had put the US “in a very strong bargaining position” and warned: “If countries will not make fair deals with us, they will be ‘Tariffed!'” The move is seen as a major escalation of the US-China trade war.
2. The US dollar lost ground across the board, but the AUD fell back sharply from its overnight highs following the latest trade announcement. “If China decides to cancel new trade talks in response to US trade tariffs action, the USD would likely recover most of its recent losses,” CBA’s Elias Haddad said. A short time ago, the AUD was back below 0.7160 US cents, after reaching an overnight high of 0.7195.
3. There seems to be a lot of news from Elon Musk this morning, so we’ll keep it brief to get you up to speed.
- Elon Musk is about to name the first tourist to fly around the moon — watch the announcement live here;
- Before he does, SpaceX has shared new images of the rocket ship designed to colonise Mars — and the pictures hint at crucial design changes;
- Saudi Arabia has shunned Tesla and invested $1.39 billion in rival Lucid Motors;
- And, the diver Elon Musk called a “pedo” is suing him for defamation.
That’s a wrap, for now.
4. Apple just announced iOS 12, the annual upgrade to Apple’s mobile operating system. It’s a pretty big update, with several incremental changes designed to make using your device a lot easier. Here are all the major changes coming to iPhones and iPads. And here’s how to download iOS 12. *Keep in mind before you get started that you’ll need a fair amount of storage space to update, and don’t forget to back up your phone first.
5. “The Everything Store”. In 1997, when Amazon was just a bookseller, Jeff Bezos wanted to see how else he could expand his online storefront. He emailed 1,000 randomly selected Amazon customers and found an interesting similarity among their answers. The answers were all pretty lengthy but they all had one thing in common: “Basically, the way they answered the question was with whatever they were looking for at that moment,” Bezos says. So he started introducing more everyday products to the site. More than two decades later, we can still see that interest in addressing customers’ needs quickly. More here.
6. Ann Sudmalis is the latest Liberal MP leaving the government at the next federal election amid claims of bullying. Sudmalis, who holds Gilmore, on the NSW South Coast, the most marginal seat in the state, used parliamentary privilege last night to unload on a state Liberal MP and powerbroker, Gareth Ward, who she says has a run a 6-year campaign against her. He denies it saying she should repeat the claims outside parliament. She’s the second MP after Julia Banks quitting politics over a bullying claim. After her speech last night, Prime Minister Scott Morrison said: “Sometimes people can find this job a bit too much at times without that support locally from some of the local party members she’s identified. That’s unfortunate.”
7. The giant garbage vortex in the Pacific Ocean is almost the size of Queensland. The Great Pacific Garbage Patch is a massive area measuring more than 1.6 million square kilometres. And it’s growing and collecting more plastic rapidly, according to a study published in the Nature journal Scientific Reports by researchers associated with the Ocean Cleanup Foundation. In fact, there may be more than 16 times as much plastic in the vortex than previous studies have estimated, according to the researchers behind the study. See what it looks like here.
8. It’s not too late for Australia to jump on the digital wave. The next technological era is coming, and the World Economic Forum reckons it could be worth up to $15 trillion globally over the next 10 years. Australia, having largely missed the boat in the past four decades, is well-poised to cash in this time, so the CSIRO’s data wing has today released a massive report on how we can do that. In particular, it’s singled out these eight areas of innovation which hold huge opportunities for digital-savvy Aussies.
9. It’s Emmys day! The TV awards ceremony gets under way in the US today, and there is some tough competition this year. “The Handmaid’s Tale”, which won best drama last year, is a favourite to win across all major categories from best drama to best supporting actress. But it could lose in multiple categories to “Game of Thrones”, which wasn’t in the running for last year’s awards. Here’s our 2018 predictions: who should win, who will win, and who got snubbed.
10. This bad photoshop fooled Iranian media into thinking US aircraft carriers are testing UFOs. Here’s the conspiracy video – see if it looks right to you:
BONUS ITEM: This is unreal. Zlatan Ibrahimovic scored his 500th goal on a roundhouse kick that was so good even opposing fans were cheering.
— Pablo Iglesias Maurer (@MLSist) September 16, 2018
Have a great day.
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