The value of the Australian dollar plummeted to 59.64 US cents, the lowest since April 2020, leading to a $160bn drop in the ASX market opening. Consumers and travelers can expect higher prices as the currency’s decline is linked to fears of a global recession following Donald Trump’s tariff plan, impacting trade partners and causing record lows against the Euro, pound, and US dollar.
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Christchurch fire: Smoke seen billowing across city as firefighters respond to building blaze
A large industrial fire in Christchurch's eastern suburb of Bromley has sent black smoke billowing across the city, with firefighters battling the blaze at a building on Maces Rd since just before 1pm. Fire and Emergency NZ have 10 trucks on the scene working to bring the fire under control. The incident has caused black plumes of smoke to spread through the area, prompting a significant emergency response. Full Article
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