Nicola Willis, New Zealand’s finance minister, says current U.S. tariffs remain “manageable” and emphasizes the country’s focus on strengthening bilateral and multilateral relationships to support trade growth and economic stability

Auckland

New Zealand has reported a 3% annual inflation rate in the third quarter, influenced in part by US tariffs. Finance Minister Nicola Willis described the tariffs as manageable, though they have impacted business and consumer confidence. 

To address these challenges, New Zealand is focusing on strengthening its network of global trade relationships. Ongoing discussions include potential collaboration with the European Union and reinforcing both bilateral and multilateral trade agreements, as the country continues to prioritize free trade for its economic future.

New Zealand seeks trade stability through alliances

In New Zealand, we've got data out this morning, inflation numbers showing price pressures picked up in the third quarter coming in at 3% on year amid US tariffs. New Zealand's Finance Minister Nicola Willis had earlier said that US tariffs were quote manageable. She made the comments on the sidelines of the World Bank IMF meetings last week in DC. Here is part of her conversation with CNBC's Karen Schill. Take a look. Well as it happens, the actual tariff impact will be less than many had thought about in the worst-case predictions, but certainly it had an impact on business and consumer confidence. When Liberation Day was announced in April, you saw all of those indexes of confidence really collapse as people thought, well what's this going to mean for the global economy? For a small trading nation like New Zealand, one in four jobs dependent on trade, we do really want to see that stability. As we now know what the situation is with a 15% tariff for our exporters into the US, they look like they will be able to manage that as unwelcome as it is. How's the tariff situation been a trigger for New Zealand to think about forming new alliances? Well we're very proud of our constellation of trading relationships around the world and certainly we're taking this moment to lean further into those. For example, a dialogue has commenced with the European Union to see if it might join with the CPTPP of which we're a member and wherever we have bilateral relationships or multilateral relationships, we're looking to strengthen those because we continue to see free trade as our future.

Centrist Rodrigo Paz won Bolivia's presidential runoff, defeating conservative rival Jorge "Tuto" Quiroga, as the country's worst economic crisis in a generation helped propel the end of nearly two decades of leftist rule.

La Paz

Centrist Rodrigo Paz wins Bolivian presidency

After 10 years in prison without charge, a Lebanese judge has ordered the release of Hannibal Gadhafi, son of the late Libyan leader, Moammar Gadhafi. But it’s on condition that he pays $11 million bail, something his lawyers say they will contest.

Beirut

Lebanon orders Hannibal Gadhafi’s release after 10 years

A cargo aircraft skidded off a Hong Kong runway and collided with a security patrol car before both fell into the sea early Monday, killing the two people in the car, authorities said.

Kowloon

Two killed after cargo plane veers off runway in Hong Kong

Thieves wielding power tools have struck at the famed Louvre Museum in Paris, stealing priceless jewels in a brazen heist that took just four minutes, according to the government. The thieves struck after the museum had already opened its doors to the public, with a major investigation now underway.

Paris

‘Priceless’ jewels stolen from France’s Louvre Museum in four-minute heist

U.S. President Donald Trump says he is ending aid to Colombia after the country’s president, Gustavo Petro, accused the U.S. of ‘murder’ when it struck a small boat within Colombian territorial waters in September.

Bogotá

Trump ending aid to Colombia after 'murder' accusation

The Israel-Hamas ceasefire is under pressure, as the Israeli military carries out strikes on southern Gaza and accuses Hamas of opening fire on its forces. Meanwhile, Israel alleges Hamas is stalling on returning the remains of deceased hostages.

Tel Aviv-Yafo

Middle East Conflict

Israel, Hamas clash in major test of U.S.-backed ceasefire

The National Guard could soon be on Chicago’s streets after US President Donald Trump took his case to the country’s highest court - the conservative-leaning Supreme Court.  The President says the city is a war zone - and is in the midst of a rebellion, as residents protest his migrant deportation policy.

Chicago

Supreme Court to decide on sending the National Guard to Chicago

China's second-highest ranking general and eight other senior officials have been expelled from the ruling Communist Party and the military on suspicion of serious misconduct linked to corruption.

Beijing

China expels nine senior officials from Communist Party

The United States is sending the two survivors of a Thursday (October 18) strike in the Caribbean to their home countries of Colombia and Ecuador to be detained and prosecuted, U.S. President Donald Trump said on Saturday.

Washington

U.S. will repatriate survivors of Caribbean strike, Trump says

The two sides have agreed to hold follow-up talks in Qatar to establish conditions and a framework for lasting peace, bringing an end to a week of deadly cross border skirmishes, which have killed dozens of people.

Doha

Afghanistan, Pakistan agree to immediate ceasefire, Qatar says

France's world-famous Louvre museum in Paris was forced to close on Sunday after thieves broke into Apollo Gallery and stole valuable crown jewels.

Jewels of 'inestimable' value stolen from Louvre in major heist

U.S. President Donald Trump's critics took to the streets Saturday, with millions nationwide participating in "No Kings" rallies, protesting Trump's demonstrations of power.

Anti-Trump "No Kings" protests held across U.S.

The Trump administration is awaiting word from the Supreme Court after asking it to allow the immediate deployment of National Guard troops to Illinois to protect Immigration and Customs Enforcement officers. A lower court blocked the move.

Portland

Tensions rising in Portland, Oregon over immigration tactics

President Trump posted a video of a U.S. military strike on a submersible suspected of smuggling drugs. Two people were killed in the strike but the survivors were brought to a Navy ship. Trump says the U.S. will send the them back to their home countries for prosecution.

Trump says survivors of U.S. drug submersible will be sent home

The U.S. State Department issued a warning that Hamas appeared to be planning an attack 'against Palestinian civilians,' warning that such an attack would 'constitute a direct and grave violation of the ceasefire agreement'.

State Dept. flags ceasefire violation by Hamas

Britain's Prince Andrew said on Friday he would give up using his title of Duke of York following years of criticism about his behavior and connections to the late U.S. sex offender Jeffrey Epstein.

Windsor

Prince Andrew gives up title of Duke of York

Ukrainian President Volodymyr Zelenskiy came to the White House on Friday looking for weapons to keep fighting his country's war with Russia, but met an American president who appears more intent on brokering a peace deal than upgrading Kyiv’s arsenal.

Ukraine Invasion

Trump pauses on sending Tomahawks to Ukraine

Tension is rising between the U.S and Venezuela. The latest threats from the US warning of stronger measures against Nicolas Maduro’s government — have sparked both fear and fragile hope across Venezuela.

Caracas

Venezuela on high-alert amid U.S strikes

In the aftermath of a destructive Typhoon Halong, historic floodwaters have destroyed remote communities across western Alaska, forcing hundreds of evacuations that could continue for days.

Kipnuk

Mass evacuations in Alaska after record floodwaters

Mr. Trump seemed open to trading U.S.-made Tomahawk's for Ukrainian-made drones, but then he argued Ukraine might not even need new weapons if he can broker a swift end to the invasion.

Trump says he'd rather broker peace than send Tomahawks to Ukraine

President Trump announced that he has commuted former New York Rep. George Santos' sentence on Friday in a post on his social media platform Truth Social.

President Trump commutes George Santos' sentence

The head of the World Trade Organization said on Thursday (October 16) she is urging the U.S. and China to de-escalate trade tensions, warning that a decoupling between the world's two largest economies could reduce global economic output by 7% over the longer-term.

WTO urges U.S., China to ease trade war or risk global growth

John Bolton pleaded not guilty at a Maryland federal court on Friday (October 17). This comes after the former Trump administration national security adviser was indicted on 18 counts for his alleged mishandling of classified information.

Greenbelt

John Bolton pleads not guilty to criminal charges

Buckingham Palace announced Friday that Prince Andrew is giving up his royal titles. This comes after a posthumous memoir by Jeffrey Epstein accuser Virginia Roberts Giuffre emerged.

London

Prince Andrew giving up his royal titles, Buckingham Palace says

U.S. President Donald Trump is meeting at the White House with Ukrainian President Volodymyr Zelenskyy Friday as the war between Russia and Ukraine continues. On Thursday, Trump spent more than two hours on the phone with Russian President Vladimir Putin.

Trump set to meet with Zelenskyy

Ahead of a meeting with Ukrainian President Zelensky, Trump cast doubt on supplying Tomahawk missiles to Kyiv, citing U.S. stock concerns. He also discussed the issue with Russian President Putin, who opposed the idea, raising questions about future Ukraine aid.

Trump questions sending Tomahawks to Ukraine after Putin call

At least one person was killed and dozens of police officers injured in widespread protests overnight in Peru against President Jose Jeri, who assumed power just days ago. The government will declare a state of emergency in Lima within hours and is preparing a package of measures to tackle rising insecurity.

Lima

Peru to impose state of emergency after violent clashes

The espionage case against Christopher Berry and Christopher Cash collapsed after government officials refused to testify under oath that China posed a threat to national security.

MI5 chief warns China a ‘daily threat’ after spy case collapse

NATO is increasing its capabilities on its eastern flank after recent Russian drone incursions. At the same time the EU has announced a major defence policy roadmap aimed at deterring threats from Russia.

Šiauliai

NATO, EU step up defences to deter Russia

The U.S. military flew three B-52 bombers on missions near the coast of Venezuela, according to a Global Strike Command spokesperson and a U.S. official, as the Trump administration continues to exert pressure on Venezuelan President Nicolás Maduro's government.

Breakdown