10 things you need to know this morning in Australia

This can’t be rea- oh wait, it’s the US. Picture: Sacha Baron Cohen/YouTube

Good morning.

1. US President Donald Trump has announced he would reinstate sanctions on Tehran after the US withdrew from the Iran nuclear deal. Iran has responded with military threats but backed it up with little action. Any such sanctions could seriously hit Iran as it already faces numerous economic struggles. An expert told Business Insider that Iran could negotiate with the US through Russia to save face. Meanwhile, oil prices rose more than 1.5% on Monday following news of the US sanctions.

2. In currencies, Sam Jacobs reports the UK pound fell to an 11-month low beneath $US1.30 as markets continue to prepare for the scenario of a no-deal Brexit. The USD gained ground against most of the major pairs, and the AUD is lower ahead of the RBA’s interest rate announcement today (2:30pm AEST). Sam Jacobs has all you need to know about that right here.

3. The death toll of the Indonesia earthquakes has risen to 98 overnight, while hundreds of other people are injured. The magnitude-7.0 earthquake hit the island of Lombok, east of Bali, Sunday evening local time. Tremors from the quake were powerful enough to bring down buildings 150km away in Denpasar. Rescue teams continue to sweep the affected areas.

4. A truck explosion near Bologna airport in Italy has killed at least 2 people and injured 70. The vehicle exploded on a nearby motorway and caused two other cars to blow up, sending a giant fireball into the sky. According to Italy’s ANSA news agency, the truck had been carrying a flammable substances. Here’s a video of the incident:

And here’s the aftermath:

5. China has completed a “successful” test of a new hypersonic weapon that could slip a nuke past US defences. It claims the hypersonic experimental waverider vehicle can fly at speeds as high as Mach 6 and has the potential to be used as a hypersonic strike platform capable of carrying conventional and nuclear warheads and evading modern missile defence systems.

6. Facebook has reportedly asked large banks for customer data to offer more financial services including credit card transactions and checking account balances, The Wall Street Journal reports. Shares of Facebook surged nearly 3% following the news. Facebook’s request could help it increase user engagement after its disastrous earnings report last week.

7. Saudi Arabia appeared to threaten Canada with a 9/11-style attack in a feud over human rights. A graphic, tweeted by Saudi Arabia’s state media on Monday, appears to show an Air Canada airliner heading toward the Toronto skyline in a way that recalled the September 11, 2001, terrorist attacks. It comes after Saudi Arabia expelled Canada’s ambassador after an official Twitter account called for the release of detained women’s rights activists in the kingdom. Fifteen of the 19 September 11 hijackers were from Saudi Arabia, and Osama bin Laden, the mastermind of the attacks, was a Saudi citizen who has family there. The Saudi account has since deleted the tweet and reposted another without the airliner.

8. Being the new graduate employee in the office can be daunting. With numerous skills to learn on the job, while navigating the company’s culture and expectations of your co-workers, it can be hard to get it right all the time. To help out, we asked 15 Australian CEOs for the office etiquette they think all new grads in the workplace should know. Here’s what they had to say.

9. Turns out Sheryl Sandberg’s famous advice to women to “lean in” might do more harm than good. The Facebook COO strongly advocated for women to take charge in the workplace in her 2013 book “Lean In”. But a group of Duke University psychology professors, who recently conducted studies around the idea of women “leaning in” at work, found that, while advising women to “lean in” can empower individuals, the concept can have a subtle but troubling side effect. See why here.

10. NASA’s biggest-ever hunt for alien planets is finally under way. The space agency launched a new planet-hunting space telescope in April using a SpaceX rocket. The Transiting Exoplanet Survey Satellite (TESS) could discover thousands of worlds fairly close to Earth. Scientists also expect to find about 50 small, rocky planets that may be habitable to alien life. TESS began its two-year mission to hunt for exoplanets on July 25 and may reel in its first candidates for new worlds this week. Get excited, people!

One more thing… Yesterday we gave a brief summary on what seems to be going on with Elon Musk lately. Well, now his company Tesla is making a mini-car that can fit an adult. Things just went from strange to stranger.

BONUS ITEM: Sacha Baron Cohen is running riot over US politics. This hurts:

Have a great day.

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