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Minns government introducing legislation to significantly increase penalties. Follow the day’s updates live Jim Chalmers has confirmed Treasury modelling suggests the war and other economic conditions could push inflation in Australia to the “mid- to high fours”. Labor has been battling sticking inflation, but economic shocks from the Middle East will make the task much harder, putting extra pressure on the Reserve Bank to lift interest rates. We’ve run a couple of scenarios which make it clear on some realistic assumptions about global oil prices and how that would potentially flow through to inflation, and for how long you know, if we were putting pencils down on those forecasts today, we’d have inflation peaking somewhere between the mid- to high fours. We don’t have a model that has petrol prices going that high, but there’s a lot of volatility and a lot of unpredictability in the global oil market. Continue reading...

Switzerland rejects US military overflights citing neutrality Switzerland has rejected some requests from United States military aircraft to fly over its territory, citing the country’s neutrality laws. According to Reuters, the Swiss government reviewed five requests from US military and official planes. Authorities rejected two of them but approved three others. Officials said the decision followed Switzerland’s strict neutrality rules during armed conflicts. “The law on neutrality prohibits overflights by parties to the conflict that serve a military purpose related to the conflict,” the government said in a statement. “Permitted are humanitarian and medical transits, including the transport of wounded persons, as well as overflights that are unrelated to the conflict.”

Iranian media report the deaths in central Iran as Tehran launches new missile salvoes at Israeli targets.

'Peak war panic' will likely hit markets in 1-3 weeks, as the U.S. and Iran dig in for escalalation  Fortune

In Qusra, Palestinians say settlers opened fire on residents; in Ma’ale Amos, police say Palestinians allegedly started incident by throwing stones at Israeli shepherd The post Man reported killed in W. Bank settler attack; separately, 3 said hurt by settler gunfire appeared first on The Times of Israel.

Thousands of people have protested in Italy against wars in the Middle East and proposed judicial reforms by Italian Prime Minister Giorgia Meloni

FRANKFURT, March 14 (Reuters) - The Swiss government said on Saturday that it discussed requests by U.S. military and official aircraft to fly over the country, and based on its law of neutrality, rejected two but permitted three. "The law on neutrality prohibits overflights by parties to the conflict that serve a military purpose related to the conflict. Permitted are humanitarian and medical transits, including the transport of wounded persons, as well as overflights that are unrelated to the conflict," the government said in a statement.

March 14 (Reuters) - The head of the World Health Organization said on Saturday that it has verified 12 doctors, paramedics and nurses were killed in a strike on the Bourj Qalaouiyeh primary healthcare center in Lebanon late on Friday. "The killings in the last 24 hours of 14 health workers in southern Lebanon mark a tragic development in the escalating Middle East crisis," Director-General Tedros Adhanom Ghebreyesus said in a post on X, noting that earlier in the day two paramedics had been killed in an attack on a health facility in Al Sowana.

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Seven members of the Iranian football delegation sought asylum, with four now known to have withdrawn applications.

Three squad members to remain in Australia on specially granted protection visas Three more members of the Iranian women’s football squad have left Australia, leaving behind teammates who sought asylum after playing in the Women’s Asian Cup. The home affairs minister, Tony Burke, said on Sunday the three team members had decided to join the rest of the squad and make the journey back to Iran. Continue reading...

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Iran considers opening Hormuz Strait for tankers trading oil in Chinese yuan  Dailynewsegypt

Arsenal beat Everton 2-0 in a nervy match in the Premier League as they continue their pursuit of the title.

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Veteran Jay Carey burned a US flag in protest of an executive order from Trump calling for prison terms for such acts.

War in the Middle East: Casualty figures from across the region  RNZ

What To Know About Kharg Island, the Oil Hub at the Center of the Iran War  Time Magazine

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