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Albanese once fought to save prime Defence real estate. That's changed
Anthony Albanese once fought to protect Sydney Harbour land government plans to sell Wed 3 Jun 2026 at 2:39pm In short: Parliamentary speeches from 2021 reveal Prime Minister Anthony Albanese was opposed to selling Defence-owned land on Sydney Harbour. Some of the land at HMAS Penguin will go on the market as part of the Defence Department's plans to sell dozens of military assets across the country. Mr Albanese has been accused of contradicting his own warnings as calls grow for the site to...
Iran has mined 'large segments' of Hormuz Strait, Secretary of State Rubio says
Secretary of State Marco Rubio said Tuesday that Iran has mined "large segments" of the Strait of Hormuz, indicating that explosives in the strategic sea lane are more widespread than previoulsy acknowledged. "They're firing on commercial ships and they've mined large segments of Hormuz — international waters," Rubio told the Senate Foreign Relations Committee, in his first appearance before Congress since the U.S. and Israel launched the war against Iran on Feb. 28. Iran must agree in any...
Iran's threats against this Red Sea chokepoint are a big vulnerability for the oil market
President Donald Trump faces the risk that Iran will close the Bab el-Mandeb Strait if the conflict in the Middle East escalates, a scenario that would slash oil supplies to an already deeply disrupted market. The Bab el-Mandeb is one of the world's key trade chokepoints, connecting the Red Sea to the Gulf of Aden and Arabian Sea. It has acted as crucial relief valve for the oil market as exports through the Strait of Hormuz have plunged due to Iranian attacks on tanker and cargo ships.
Query-focused and Memory-aware Reranker for Long Context Processing
arXiv:2602.12192v3 Announce Type: replace Abstract: Built upon the existing analysis of retrieval heads in large language models, we propose an alternative reranking framework that trains models to estimate passage-query relevance using the attention scores of selected heads. This approach provides a listwise solution that leverages the holistic information within the entire candidate shortlist during ranking. At the same time, it naturally produces continuous relevance scores, enabling...
Individual traders drove Kalshi’s rise. Now, it’s going for Wall Street
Prediction market platform Kalshi processed more than $17 billion in various trading contracts in May, a record amount up more than 2500% from a year ago. But while individuals drove Kalshi's astronomical growth over the past year, the company has focused on a new push in 2026: institutional adoption. Less than a year after trading volumes started marching consistently higher in September, Kalshi — the largest prediction market platform in the U.S. — has made a series of moves in 2026 to...
Oil exports through the Strait of Hormuz might not return to levels seen before the Iran war
The oil market might face a new reality after the Iran war in which exports through the Strait of Hormuz do not return to the levels once considered normal, as shipowners now have to weigh the risk that fighting could abruptly break out in the volatile Persian Gulf. And Western commercial ships will likely hesitate to sail through Hormuz if it remains under Iran's de facto control, especially if they have to coordinate with the Revolutionary Guard, putting them at risk of violating U.S....
Lee Andrews LIVE: Kate Price talks about 'heartache she didn't see coming' as lands in Dubai
Kate Price talks about 'heartache she didn't see coming' as lands in Dubai Katie Price has flown to Dubai to be reunited with Lee Andrews, after claims he was due to be released from prison after saying he was imprisoned on suspicion of espionage Katie Price has shared a cryptic post about the "heartache" she didn't see coming as she has appeared to have touched down in Dubai in an attempt to release her husband from prison. On Monday, Katie was seen at Gatwick Airport as she flew out to...
Asian stocks take another hit from AI, Middle East worries
Asian stocks take another hit from AI, Middle East worries HONG KONG: Asian equities went into reverse on Friday (Jun 5) on continued worries about the artificial intelligence trade after disappointing forecasts from chip titan Broadcom, while investors were also keeping a wary eye on stuttering Middle East peace efforts. After leading several markets to record highs this year, technology firms are facing selling pressure on concerns that the eye-watering sums pumped into AI may have been...
Greg Sankey insists SEC is 'strongest league' despite Big Ten winning three straight national championships
SEC Commissioner Greg Sankey maintained that the SEC is the "strongest league" despite the Big Ten winning three consecutive national championships. Sankey cited metrics and the overall breadth and depth of the SEC as evidence of its strength. This assertion comes as the SEC has failed to reach the championship game for three straight years.
Former MI6 chief Sir Alex Younger dies aged 62
Former MI6 chief Sir Alex Younger dies aged 62 Sir Alex Younger, the longest-serving Secret Intelligence Service chief in 50 years, publicly and repeatedly warned of threats from China, Russia and other hostile states - Bookmark - CommentsGo to comments Former MI6 chief Sir Alex Younger, the widely respected former head of Britain’s Secret Intelligence Service, has died aged 62. The news was confirmed by his family. Sir Alex died in Boston in the early hours of the morning on Tuesday after...