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10 things you need to know this morning in Australia

Monday, 25 February 2019

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The Australian dollar continues to climb

The Australian dollar rallied against all of the major crosses on Monday. Continued optimism towards US-Sino trade negotiations was the chief catalyst behind the Aussie's strength.
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Trump's top trade official publicly calls out president's ignorance on trade deals in astonishing Oval Office exchange

Robert Lighthizer, the man in charge of leading US trade negotiations with China, has publicly clashed with President Donald Trump over the most likely form that a trade agreement with Beijing will take.
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Iron ore prices fall heavily

Iron ore spot prices fell across the board on Monday. The losses in mid and higher grades were particularly acute. The weakness in spot markets was replicated in Chinese steel and iron ore futures during the session.
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Facebook's content moderators are paid incredibly low wages, and reportedly turn to pot and office sex to cope with what they see

Facebook's content moderators at a location in Arizona are smoking weed on the job and having sex in the office to cope with the pressure, according to an investigation from The Verge.
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15 photos of Lady Gaga and Bradley Cooper's emotional Oscars night that prove the duo's chemistry is real

Bradley Cooper and Lady Gaga shared a number of sweet moments at LA's Dolby Theatre on Sunday during the 2019 Oscars. Both were nominated for their lead roles in "A Star Is Born."
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The Trump administration is under pressure to deal another blow to Chinese tech giant Huawei

A bipartisan group of senators recommended the Departments of Homeland Security and Energy enact a ban on using Huawei products in the United States' energy infrastructure.
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Russian state media says Putin's hypersonic missiles would instantly vaporise these 5 US targets

Russian state media on Sunday identified five US targets Russia would seek to destroy in a nuclear war and claimed that Russia's new Zircon missile could strike less than five minutes after launch, Reuters reported.
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Samsung and Huawei are both launching foldable smartphones this year — here's how they compare

Huawei on Sunday announced a foldable smartphone called the Mate X, which will cost $US2,600 when it launches. The announcement comes days after Samsung unveiled its own foldable smartphone, and there are some key differences between the two.

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