India staking its claim in global AI race | US trade deficit widens | AUS red meat industry grows

India is staking its claim in the global AI race – with tech giants committing billions at an AI summit this week. US Department of Commerce data shows its goods trade deficit widened to around US$1.2 trillion in 2025. The Australian Bureau of Statistics says beef production reached more than 712,000 tonnes in the December quarter, which means 2025 saw the highest annual beef production on record.

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