Hello Australia!! - Cops announce Australia's biggest Ice bust - Bad news for Japan's beleaguered economy - A Russian sports official dies after a massive scandal that endangered his country's Olympic dreams - And more in your CareerSpot World News Briefs:

Authorities say they've seized AU$1.26 Billion worth of methylamphetamine concealed in shipments of push-up gel bras and art supplies from Asia. Some of it had already arrived on these shores and was stashed in storage units around Sydney.   Four people are charged in the scheme:  "In January this year, the joint organised crime group conducted a controlled operation resulting in the arrest of a 33-year-old Hong Kong national," said Commander Chris Sheehan of the Federal Police, as quoted by the ABC.  "A further three Hong Kong nationals — a 59-year-old man, a 37-year-old man, and a 52-year-old woman — were arrested and charged in relation to the drugs located in the storage facilities."

The former head of Russia's sports anti-doping agency has died of an apparent massive heart attack, according to the Tass news agency.  Nikita Kamayev had stepped down from the agency two months ago, right after the World Anti-Doping Agency exposed Russian state involvement in doping and cheating on drug tests.  Russia at that time was suspended from international competition, and officials are currently working on getting that ban lifted in time for the Summer Olympics in Rio de Janeiro.

Japan's economy shrank in the fourth quarter of 2015, dealing a blow to Prime Minister Shinzo Abe and his "Abe-nomics" recovery program that apparently isn't working after two years.  Between October and December, it shrank by 0.4 percent compared with the previous quarter, which is annualized to 1.4 percent for the period.  Japan's economy partially relies heavily on domestic consumption, and Japanese people aren't spending because their wages aren't rising.

Thousands of European steel workers and even some executives will be on the streets of Brussels later on Monday in a massive demonstration to urge the European Union not to grant market-economy status to China later this year.  Such a move would make it harder for European companies to protect themselves from cheap Chinese exports.  The steel industry accuses China of dumping artificially-cheap steel on the EU market.  The UK alone lost 5,000 steel worker jobs since last summer.

Perth-based Lumpaca is boasting of an incredible find - a 404 carat white diamond worth some $20 Million.  This was dug up at its Lulo Diamond Project in Angola.  "It's the biggest diamond ever recorded from the country of Angola and it's the biggest diamond ever recovered by an Australian diamond miner," said Lumpaca chairman Miles Kennedy.  "So, we have hit a number of firsts finding this diamond," he added.