This month’s military exchanges between Israel and Iran may have largely been a show of force,but they have sent a number of clear messages about any future conflict.
Months of conflict in the Middle East are being felt in Australia as many people say the country is suffering more racism and religious intolerance.
The key question for investors is whether this is just a correction in what has been quite an ebullient market – or something more threatening.
The first threat,the treasurer will say,is rising global tensions,as he looks to repair the nation’s finances and reform the economy.
The Albanese government has urged Israel and Iran to prevent a “spiral of violence” as Australians are warned against travelling to Israel.
Israeli missiles have hit a site in Iran,the American ABC News reported on Friday citing a US official. Follow our live coverage.
Direct conflict between Iran and Israel threatens to elevate the regional conflict,and push it in unpredictable directions.
To be morally consistent with previous actions and to uphold to amendments Wong herself pushed for,Australia must change its tune towards Israel.
Suddenly,tension and uncertainty have gripped financial markets,making them highly volatile.
The change in flight path is due to fears Iran is planning an imminent attack on Israel.
By all means,let’s talk about what appears to be the most viable option for achieving peace,but let’s not pretend it will ever happen.