New Zealand share prices dropped sharply and Aussie stocks plunged as the financial fallout from US President Donald Trump’s tariffs announcement continued to spook world markets, with the S&P/NZX50 Index down 3% led by Fisher and Paykel Healthcare. Australian stocks also fell significantly amid fears of a global recession, with the S&P/ASX 200 dropping 6.3%. China retaliated with a 34% duty on US imports, escalating the likelihood of a full-blown trade war and increasing US tariffs on Chinese goods to 76%.
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Parolee Kingirangi Karanga jailed for armed burglary in West Auckland
Kingirangi Johnson Karanga, a recent parolee, was sentenced to an additional 18 months in prison after holding a gun to his ex-partner in West Auckland, while her toddler walked into the room, urging him to leave. Judge Rebecca Guthrie highlighted the victim's vulnerability during the incident, which influenced the decision to stack the new sentence on top of his existing one for violating parole. Need More Context? 🔎
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