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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.
Australia will invest up to A$18bn (US$12bn) to strengthen manufacturing of missiles, including making advanced guided missile systems in the country for the first time, as part of an overhaul of its defence strategy in the face of rising geopolitical tensions.
Pat Conroy, Australia’s defence industry minister, said on Wednesday that strategic competition between…
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