Police in Sydney, Australia, have seized a record 2.7 metric tons of cocaine, valued at $572 million, from a property in Londonderry. Two men have been arrested and charged, facing potential life sentences. The drugs are believed to have arrived by boat and been transported by a Sydney organized crime group.
The US government has ordered AI firm Anthropic to suspend foreign access to its Fable 5 and Mythos 5 platforms, citing national security concerns over potential "jailbreaks." The move escalates US efforts to curb foreign AI capabilities, while Anthropic disputes the necessity of the broad recall.
Asian markets surged on news of a US-Iran ceasefire and potential reopening of the Strait of Hormuz. Woodside denied takeover rumors, while ASX admitted to misleading statements about a tech project, facing a $20.5M penalty. ANZ forecasts house price falls, and US orders Anthropic to block foreign AI access.
International students in Australia are facing significant financial pressure due to weakening home country currencies against the Australian dollar and rising inflation. This is impacting their ability to afford living expenses and tuition, leading some to seek more work or consider alternative study destinations.
