Episode Transcript
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Speaker 1 (00:04):
Good afternoon. I'm Malcolm Jordan and this is your midday
news fix for Wednesday, the ninth of April. New Zealand
isn't waiving the white flag and the struggle to stamp
out organized crime. A ministerial advisory group's first report reveals
the country is losing the fight. It says crime continues
to grow despite the best efforts of police and customs
(00:25):
and bold changes needed. Police Minister Mark Mitchell says they're
committed to getting on top of it.
Speaker 2 (00:31):
It is going to take a whole of system approaching.
Speaker 1 (00:33):
When I say that, I mean central government, local government,
community groups, a private sector. The chances of a full
blown trade war between the US and China is looking
more and more likely. China will be hit with an
additional fifty percent tariff from tomorrow, taking their total to
one hundred and four percent. Sky's Business and economics reporter
(00:53):
gerpried Nawan says Donald Trump is keen to tariff China
because of a trade deficit.
Speaker 3 (01:00):
US is importing far more from China than China takes back.
The deficit's been building steadily accelerated in the two thousands
after China joined the World Trade Organization.
Speaker 1 (01:11):
Meanwhile, the Reserve Bank is expected to cut the official
cash rate by twenty five basis points from three point
seventy five percent today amid global financial market turmoil. The
Herald's Business editor at Large, Liam Dan says the Bank
isn't expected to react dramatically to the United States tariffs
just yet. He says it will stick to its plan
(01:31):
and wait before acting on tariffs. It's likely to be
May the next full Monetary Policy statement before they're able
to really reassess.
Speaker 3 (01:39):
And put out new forecasts and a new pathway for
the OCR.
Speaker 1 (01:43):
Agreement from MPs that they need more protection. Parliament Speaker
Jerry Brownlee's reportedly discussing increasing security and potential legislation. MP
Shane Jones's wife Dot was grabbed in a fracar at
Auckland Airport at the weekend. Labour's Ginny Anderson says since COVID,
the level of threats and weird behavior towards her has increased.
(02:05):
The threat risk has probably increased, To be honest, not
parkier women get it far more in terms of online abuse,
and that's just the honest truth. The Council of Trade
Unions has unveiled a bold plan to transform New Zealand
by pushing forty seven major changes to government policy. It's
making a variety of recommendations, including a new minister, tax reform,
(02:28):
to tility recognition and establishing multiple entities to improve working.
Kiwi's Lives Council President Richard Wagstaff says it's time for
dramatic change and politicians should pay attention. A new Otiger
University study has found a link between eye health and dementia.
Researchers have discovered that blood vessels at the back of
(02:50):
the eye can show early signs of someone is at
risk of developing dementia. Researcher Ashley Barrett Young says the
retina is made up of cells which connect directly to
the brain.
Speaker 2 (03:01):
The disease processes that are underway in the brain are
also affecting the eye potentially, and so that's why we
think that it might be a potentially good indicator to sport.
Speaker 1 (03:11):
In First League Champions League at quarter final, football host
Arsenal have starred Real Madrid three to mili and visitors
into Milan have secured a two to one win over
Bayern Munich. An extraordinary sacking has occurred in basketball's NBA
with less than a week if the regular season left.
Twenty twenty three. Champions at Denver have axed coach Michael
(03:34):
Malone after four straight losses, despite looking assured of a
playoff berth and another blow for professional rugby in the UK,
the Cardiff Blues have declared an intention to go into administration.
I'm Malcolm Jordan. That's your latest news fix. We'll be
back with the next update at five pm from the
news Talk zb newsroom.