US-China talk tariffs; Melbourne beats Sydney auctions; Cold War satellite crashes

Monday 12 May 2025

The United States and China talk on tariffs, while fragile peace negotiations take place between India and Pakistan, and Russia and Ukraine. 

And more, including:

• Melbourne outperforms Sydney in the home auction market. 
• A Cold War-era satellite comes crashing to earth after 52 years. 
• Wheat prices hit a five year low.
• The battle for the Liberal Party leadership heats up.

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