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NZ gunman “walked through building shooting” – police

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The shooting took place in central Auckland just hours before the World Cup was due to begin

 

 

Tragedy struck central Auckland as at least two people lost their lives in a serious incident described as a shooting, according to New Zealand public broadcaster RNZ.

The local police reported multiple injuries and confirmed the death of the male perpetrator.

An investigation is underway, and authorities have urged people to avoid the area of Auckland CBD on lower Queen Street in a building that was under construction.

“The offender has moved through the building site and continued to discharge his firearm. Upon reaching the upper levels of the building, the male has contained himself within the elevator shaft and our staff have attempted to engage with him,” local police said in a statement.

“Further shots were fired from the male and he was located deceased a short time later.”

Auckland Mayor Wayne Brown is closely monitoring the situation, describing it as a “dreadful thing to happen in our city at a time when the rest of the world’s watching us over the football,” to RNZ.

“This is not something that happens here, in fact I’m shocked that it’s happened here,” Brown added.

A police officer is also believed to have been injured during the incident.

This incident casts a shadow over the commencement of the 2023 Women’s World Cup in Auckland, though the tournament is still expected to go ahead as planned.

Residents are advised to stay away from the city centre, and the mayor emphasised the seriousness of the situation, urging people to stay at home. 

“This is a scary situation for Aucklanders on their Thursday morning commute to work. Please stay at home, avoid travel into the city centre,” Brown wrote on Twitter.

New Zealand had previously banned military-style semi-automatic weapons after the Christchurch massacre in 2019, which left 50 people dead, as a way to pay tribute to the victims.

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Rate cuts ahead? US stocks bounce as inflation cools

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Investor sentiment is improving as fresh data out of the US and Australia shifts expectations for central bank action.

Stronger-than-expected labour market figures in Australia have raised questions about whether the Reserve Bank will move ahead with a rate cut next week. While the RBA has signalled it is watching data closely, the resilience in employment may force a delay.

Meanwhile, in the US, softer inflation data has lifted hopes that the Federal Reserve could cut rates later this year. That news helped spark a sharp turnaround in US equities, with the so-called “sell America” trade now unwinding as buyers return to Wall Street.

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Trump’s $600B Middle East Deal: What It Means for Global Stability

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President Donald Trump’s four-day Middle East tour during his second term has sparked global attention, locking in a monumental $600 billion investment from Saudi Arabia. From AI to defence, space to energy—this economic pact is reshaping U.S. foreign policy.

In an unprecedented move, Trump also lifted long-standing U.S. sanctions on Syria after meeting its new president, raising eyebrows among traditional allies.

Ticker News anchor Veronica Dudo speaks with Erbil “Bill” Gunasti, former Turkish PM Press Officer and Republican strategist, to break down the implications for national security, global diplomacy, and the path to peace in Ukraine.

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Trump’s AI deals raise concerns over China ties

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

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Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

In Short:
Trump’s AI deals with Saudi Arabia and the UAE are causing internal conflicts in his administration over US national security. Officials are concerned that American technology supplied to the Gulf could ultimately benefit China, leading to calls for enhanced legal protections.

President Donald Trump’s recent AI deals in Saudi Arabia and the UAE are causing internal conflicts within his administration.

Concerns are rising among officials, particularly China hawks, about the implications for US national security and economic interests.

Agreements include shipments of vast quantities of semiconductors from Nvidia and AMD to the Gulf states, prompting fears that American technology could ultimately benefit China, given the region’s ties with Beijing.

While the accords include clauses to limit Chinese access to the chips, some officials argue that further legal protections are necessary.

Critics, including Vice President JD Vance, have suggested that maintaining US dominance in AI is crucial, and shipping chips abroad might undermine that goal.

Supporters of the deals, including AI Adviser David Sacks, argue the need for American technology in the Gulf to deter reliance on Chinese alternatives.

Despite this, internal discussions are underway to potentially slow down or reassess the agreements due to ongoing national security concerns.

Conversations have also included proposals for a significant chip manufacturing facility in the UAE, which many officials deem risky due to China’s influence.

Additionally, worries persist about G42, an AI firm in Abu Dhabi, which has historical ties to Huawei.

The agreements with Gulf countries promise to enhance their technological capabilities while necessitating careful oversight to address US security priorities.

 

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