Amid Ongoing

Labor has announced funding for Australian Submarine Agency will jump to $512m in next financial year amid concerns the sovereign submarine fleet may never arriveFederal budget 2026 LIVE updates: Australia government budget announcement and speech – latest newsExplore all of our 2026 Australia federal budget coverageGet our breaking news email, free app or daily news podcastThe budget for Australia’s contentious Aukus deal has ballooned by more than $430m over four years, with the agency charged with securing the country’s nuclear-powered submarines requiring a massive injection of funding and staffing.The Australian Submarine Agency’s resourcing for next financial year will jump by a third – from $385m to $512m. Continue reading...

• Donald Trump announced a major ceasefire between Israel and Lebanon while signaling progress toward a potential nuclear deal with Iran. • The development represents a significant diplomatic initiative amid broader Middle East tensions and ongoing US-Iran negotiations. • The ceasefire comes as regional dynamics continue to shift with multiple diplomatic channels active simultaneously.

• The U.S. and Iran agreed on Tuesday to a two-week ceasefire, marking a potential diplomatic breakthrough after 47 days of conflict. • Under the agreement, both Iran and Oman will be permitted to participate in the pause in hostilities, with U.S. military personnel and weaponry remaining positioned in and around Iran until a peace deal is finalized. • The ceasefire emerges as negotiators push for a next round of talks, though tensions remain high with shipping disruptions continuing in the Strait of Hormuz.

• The EU Council approved a new sanctions package on April 11 targeting 28 Russian oligarchs and 15 companies involved in military procurement, freezing assets valued at approximately €3.2 billion. • The sanctions aim to disrupt Russian defense supply chains and increase pressure on Moscow's ability to sustain military operations in Ukraine, with measures including travel bans and financial transaction restrictions. • EU Foreign Affairs Chief Josep Borrell stated the sanctions demonstrate "unwavering support" for Ukraine, though critics argue they remain insufficient to alter Russian strategic calculations.

• The Senate voted early Friday morning to approve a Department of Homeland Security funding bill that excludes funding for Immigration and Customs Enforcement (ICE) and portions of U.S. Customs and Border Protection (CBP), ending weeks of stalled negotiations. • Republicans indicated they plan to fund immigration enforcement agencies through a separate reconciliation bill in fiscal 2027, bypassing the normal appropriations process and relying solely on GOP votes. • The Senate-passed measure faces significant obstacles in the House, where hardline conservatives have already signaled opposition, threatening to extend the DHS shutdown beyond its current five-week duration.

• President Trump announced he is delaying threatened strikes on Iran's energy infrastructure, citing productive talks on ending the war and extending the deadline for Iran to reopen the Strait of Hormuz. • Iranian leaders continue to deny any direct talks are taking place with U.S. officials, maintaining their public position on the dispute. • The delay signals potential diplomatic progress while tensions remain high over regional shipping routes critical to global oil supplies.

• President Trump announced a 10-day pause in strikes on Iran's energy infrastructure through April 6, 2026, at 8:00 p.m. Eastern time, citing ongoing negotiations mediated by Pakistan under a 15-point framework. • Trump disclosed that Iran sent ten oil tankers as a goodwill gesture, and Secretary of State Marco Rubio characterized Iran's clerical leadership as "religious fanatics" posing a global nuclear threat. • Israel confirmed the killing of Iran's navy head responsible for Strait of Hormuz disruptions, while Iran launched emergency recruitment and lowered its draft age to 12, according to CBN News reporting.

• The U.S. Senate approved a bill funding the Department of Homeland Security, including TSA operations, but excluding ICE and parts of Customs and Border Protection. • The measure addresses impacts from the partial government shutdown, where over 480 TSA officers quit and absences hit 40% at some airports. • President Trump announced plans to sign an executive order for immediate TSA agent payments, separate from the Senate bill.

• The U.S. House of Representatives passed legislation Thursday, March 26, 2026, to end the Department of Homeland Security (DHS) shutdown, marking the third such attempt in two months after funding lapsed nearly six weeks ago. • The bill aims to restore operations but faces uncertain prospects in the Senate, unlikely to immediately resolve the prolonged funding crisis affecting border security and immigration enforcement. • This repeated House action underscores deepening partisan divides on federal spending priorities during a critical period for national security infrastructure.

• President Donald Trump stated the US is negotiating with Iran to end the three-week-old war, citing two days of 'very good and productive conversations' after Iran reportedly reached out, with talks set to continue this week. • Trump refused to name the 'top' Iranian official involved, only saying it was not new Supreme Leader Mojtaba Khamenei, and claimed he would 'jointly control' the Strait of Hormuz with 'whoever the next Ayatollah is'. • US and Israeli airstrikes continued across Iran, targeting Tehran, Tabriz, Isfahan, Karaj, gas facilities, and a pipeline, with Iran reporting over 1,500 civilian deaths since February 28.

• President Donald Trump extended his deadline for Iran to reopen the Strait of Hormuz by five days on Monday, saying the U.S. will delay striking Iranian power plants to allow envoys to hold talks with Tehran leadership. • Trump stated his government was holding "productive talks" with Iran, but Iran denied any negotiations were occurring and fighting showed no signs of slowing. • An Iranian warhead with approximately 100 kilograms of explosives struck central Tel Aviv on Tuesday, causing significant damage, while Iranian missile attacks also hit Kurdish positions in Iraq, killing 6 Peshmerga fighters and wounding 30 others.

• House Republicans are advancing a resolution this week to affirm support for over 100,000 DHS employees, including 50,000 TSA frontline workers, unpaid for 37 days due to Democrats' refusal to fund the department. • The shutdown has led to $1 billion in monthly unpaid wages, coinciding with elevated terror threats including recent attacks in Texas, New York, Michigan, and Virginia, and FBI warnings of lone wolf attackers and sleeper cells. • Republicans highlight over 10 million illegal immigrants entering under Biden from 160 countries, including 400 on the Terrorist Watch List caught at borders, arguing the shutdown endangers national security.

• Dell reduced its workforce by 10% over the past fiscal year, contributing to nearly 40,000 tech layoffs across Silicon Valley firms in 2026. • The cuts reflect broader cost-cutting measures in the US tech industry amid economic pressures and shifting priorities. • Silicon Valley giants continue significant staff reductions, signaling challenges in sustaining growth post-AI boom.