News

New Zealand bans AUKUS submarines from entering Kiwi waters

Published

4 years ago

September 16, 2021

New Zealand has reiterated their opposition to the idea of nuclear technology, banning the recently announced AUKUS submarine from entering Kiwi waters

The New Zealand Prime Minister, Jacinda Ardern said on Thursday that the new nuclear-powered submarines which will be partly-operated by Australia would not be allowed in its territorial waters.

The ban falls under New Zealand’s long standing nuclear-free policy, which was enacted in 1984.

On Thursday, the President of the United States Joe Biden along with the Prime Minister’s of the UK and Australia announced a major security partnership.

The Indo-Pacific deal will see America and Britain provide Australia with the tech it needs to develop and deploy nuclear-powered submarines.

“No vessels that are partially or fully powered by nuclear energy is able to enter our internal borders,”
The PM Of New Zealand Stated.

The New Zealand leader did however confirm that the new Indo-Pacific grouping does not change the security and intelligence ties of New Zealand – who remains a member of the Five Eyes – a post-war intelligence group that also includes the United States, Britain, Australia and Canada.

New Zeland’s Foreign Minister has stated that she was “uncomfortable” with expanding the nation’s role within Five Eyes. It sparked further criticism from Western allies who stated that NZ remains reluctant to at all criticise China, in fear of impacting current trade ties.

China is New Zealand’s largest trading partner.

News

Senate clears Epstein files release despite White House push

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

Published

4 hours ago

November 20, 2025

ticker NEWS

Senate upholds vote to release Epstein files despite White House delay attempt; Trump signals intent to sign bill.

The White House tried to delay a vote on the release of Justice Department files connected to Jeffrey Epstein, even as former President Trump insisted there was nothing to hide.

Despite this, the Senate approved the measure exactly as it passed the House, ignoring amendments proposed by Trump’s aides. This move clears the path for the files to be made public in full.

Trump has indicated he intends to sign the bill, marking a significant shift after the White House’s attempt to block or delay the vote proved unsuccessful. The decision could have wide-reaching implications for transparency and ongoing investigations.

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News

Nvidia earnings shake tech stocks as ASX heads into Christmas

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

Published

5 hours ago

November 20, 2025

ticker NEWS

Nvidia’s earnings spark sharp market reactions, prompting investor concerns for tech stocks and volatility ahead of year-end trading.

Markets are reacting sharply to Nvidia’s latest earnings, leaving investors questioning the future of tech stocks. Analysts are closely watching whether the results meet expectations and what it could mean for the broader market.

Joining us is David Scutt from StoneX to break down Nvidia’s post-earnings performance and its ripple effects across US and global equities. Investors are keeping a keen eye on how this could set the tone for year-end trading.

With Christmas approaching, the ASX faces a pivotal day as global risk sentiment shifts. Traders are positioning themselves for potential volatility, making it critical to understand the signals coming out of major tech earnings.

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