Midday News Bulletin 2 March 2025

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Source: SBS News

The UK signs a $4.57 billion loan agreement to bolster Ukrainian defence capabilities; Israel says it will adopt a US proposal for a temporary ceasefire in Gaza for the Ramadan and Passover periods; and in football, the Young Socceroos win the Under-20 Asian Cup for the first time in its 66-year history.


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In this bulletin;
  • The UK signs a $4.57 billion loan agreement to bolster Ukrainian defence capabilities
  • Israel says it will adopt a US proposal for a temporary ceasefire in Gaza for the Ramadan and Passover periods
  • The Young Socceroos win the Under-20 Asian Cup for the first time in its 66-year history


The UK has signed a $4.57 billion loan agreement to support Ukraine's defence capabilities.

It's to be paid back by profits gathered from frozen sovereign Russian assets.

The UK and Ukrainian finance ministers, Rachel Reeves and Sergii Marchenko, signed the loan at a virtual ceremony as the country's leaders met in London.

Mr Marchenko has thanked the UK for its support.

"This agreement is quite necessary and it can cover our military expenses directly targeted specific refunds, and we are so grateful and I believe it's a first step towards a full seizure of all Russian assets, I believe it will be possible in the near future."

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Israel will adopt a US proposal for a temporary ceasefire in Gaza for the Ramadan and Passover periods, as protesters in Tel Aviv demand clarity over the undefined second phase.

The proposal by US President Donald Trump's special envoy to the Middle East was agreed to early on Sunday, just hours after the first phase of the previously agreed ceasefire was set to expire.

It provides that half of the hostages held in Gaza – both alive and dead – would be released on the first day.

The decision comes as protesters in Tel Aviv are expressing frustration over the uncertainty of ceasefire talks.

Among a crowd of thousands, protester Daniel Guy-Tsabary says the feeling is unbearable.

"When we are almost on the brink of ceasefire, I wanted to say peace but things are still chaotic, but we were so close and now it's again in this limbo, in this chaos that you can't know what will happen tomorrow, next week, next month. It's eating you from the inside, even if we act like everything is normal."

A Hamas spokesperson earlier on Saturday has said the group rejects Israel's 'formulation' of extending the first phase of the ceasefire.

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Charli xcx has won five Brit awards, including album of the year, for her summer-defining album 'Brat'.

At the ceremony in London's O2 Arena, she was awarded the top prize, along with song of the year for Guess, and one of the five genre awards for 'Best Dance Act'.

Earlier in the week she was also named songwriter of the year.

Charli XCX, who has been releasing music since 2008, says she is happy to be recognised for her hard work.

"In particular, you know, I've always felt like an outsider in the industry but kind of, particularly in the British music industry. And so, it feels really nice to be recognised. "

 

Brat topped the UK chart and has spent 38 weeks in the Top 20.

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An ex-military layer is appealing the severity of his sentence for leaking classified military information, which uncovered allegations of Australian war crimes.

David McBride has been working on his mental fitness in the 10 months he has spent in jail, since pleading guilty to obtaining and disseminating classified information.

He was sentenced to five years and eight months in prison with a minimum term of two years and three months in May last year.

This means the 61-year-old will remain behind bars until at least August 2026.

His lawyer Eddie Lloyd, principal lawyer at Lloyd Law, says Monday's appeal in the ACT Supreme Court in Canberra, will be against both the severity of the sentence and his conviction.

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In football, the Young Socceroos have fought their way to glory in the Under-20 Asian Cup, beating Saudi Arabia in a penalty shootout.

It marks the first time Australia has won the tournament in its 66-year history.

In the shootout, the green-and-gold side kept their nerve, converting all five kicks.

The Young Socceroos have become the first Australian soccer team to win a major tournament since Ange Postecoglou's Socceroos took home the 2015 senior Asian Cup.

It puts the seal on a remarkable tournament for the Australian youngsters, most of whom play in the A-League Men.


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