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Episode Transcript
Good afternoon. I'm Malcolm Jordan and this is your midday
newsfix for Thursday, the tenth of April. Donald Trump says
he's open to talks with China after hiking there trade
tariffs to one hundred and twenty five percent. Trump's put
the rest of the world on ten percent for the
next ninety days, saying he's rewarding their lack of retaliation.
He says he's open to meeting China's president, but hasn't
(00:27):
been asked yet. Finance Minister Nikola Willis says our officials
are keeping a close eye on announcements.
Speaker 2 (00:33):
This is a situation where we need to keep the
phone working. People need to be continuing to seek ad
infor nation monitoring development very closely.
Speaker 1 (00:40):
And Trump's announcement sparked a surge on US markets and
a rally on New Zealand stock exchange. The Dale rose
about seven point nine percent, the s and P five
hundred more than nine point five and the NASDAK almost
twelve point two. Our NZNX fifty was up three point
eight percent in the first hour of trading. J and
My Wealth director Andrew Kellaher says it's positive, but things
(01:04):
remain deeply volatile uncertainty.
Speaker 2 (01:07):
Is kryptonite for financial markets.
Speaker 1 (01:09):
Right now, it's driving markets higher acts. A Treaty Principal's
bill may be going to its death in Parliament today,
but its impact may linger. National and New Zealand First
are set to vote it down at its second reading,
along with opposition parties. The publics overwhelmingly rejected the bill,
with ninety percent of submissions against it. Massi University politics
(01:31):
professor Richard Shaw says, whether Acts intended it or not,
the bills engaged more people in the parliamentary process.
Speaker 2 (01:38):
There of an energy I think that has been created
by the opposition through the letire station, which I would
assume will play out in different ways getting into next
year and beyond.
Speaker 1 (01:46):
Meanwhile, a bill allowing alcohol sales on certain holidays has
been voted through to Select Committee. Labour's Karen mcinnaughty's bill
will let licensed businesses already open on Anzac Day morning,
Good Friday, Easter Sunday and Christmas sell alcohol. Mcinnulty says
current rules and courage stockpiling. How many times have you
(02:07):
been at the supermarket the day before Good Friday and
seeing people stocking up on alcohol because you can't buy
it the next day, I've done it. Concerns of a
worsening methamphetamine crisis in Northland, with consumption tripling in the
last year. Across party official delegation to the Pacific seems
to highlight the trip's importance. Foreign Minister Winston Peters as
(02:31):
leading a group leaving today for Tonga, Hawaii and Vanuatu.
It includes other ministers and Opposition MPs t Arno Tuiorno
and Jenny Clessa Otiger University politics professor Robert Patman says
it shows a shared concern.
Speaker 2 (02:47):
The best way to get that message across so that
it doesn't come across as a party's and message he
is to have a bipartisan delegation, including high level members
from the major parties as well as other representatives.
Speaker 1 (02:58):
Pop star Lord has released teaser snippet of a new
song on social media, with a video clip showing her
walking in New York to sport an Olympic first. For
the twenty twenty eight Los Angeles Games, female athletes will
be in the majority for the first time thanks to
the women's football tournament being bigger than the men's. Meanwhile,
(03:19):
the IOC has added the fifty meter breaststroke, backstroke and
butterfly to the next swimming program. Grace Nwacki remains in
frequent communication with Silver Ferns netball coach named Nolinge Todoa
as part of a leadership group, despite her ineligibility for
test selection this year due to playing in Australia. I'm
(03:41):
Malcolm Jordan. That's your latest news fix. We'll be back
with the next update at five pm from the newstalk
ZB newsroom.
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