The Australian state of New South Wales intends to pass some of the toughest gun control laws in the country following last week's terrorist attack at Sydney's Bondi Beach. Other states are expected to follow suit while the Federal Government plans to launch a buyback of weapons. Bloomberg's Paul Allen joins us now with more.So Paul, first off, how much public support is there for such measures. Yeah, the support is fairly overwhelming. Overall.There was just a poll and one of the local media outlets today, ...

Australia has had relatively tight gun laws since a gunman killed 35 people in 1996. But there are now around a million more guns in civilian hands than there were before then, says a think tank https://t.co/vqc78fqIcb ...

Global Economy & Central Banks - US and European futures are gaining ahead of central bank decisions [1][49] - The market expects the Bank of England to cut interest rates by 25 basis points [3][96] - The Bank of Japan is expected to move rates higher to 075% [26][96] - The US 10-year Treasury yield is at 417%, and the Euro-dollar is at 117% [4][50] - The market is pricing in slightly over two rate cuts by 2026 [92] Geopolitics & Security - Australia is considering tougher gun laws after a terrorist attack that killed 16 people [1][5][48][65] - Ukraine may drop its bid for NATO membership in return for Western security guarantees [1][48] - The EU is considering seizing or monetizing Russian assets to fund Ukraine [18] Market & Industry Trends - Asian stocks are under pressure, tracking losses from the US session, with concerns around AI investment [20][21] - China's retail sales are up 13% year-over-year, below estimates, indicating economic weakness [22] - China has built seven large petrochemical hubs, raising fears of oversupply and pressure on other nations [40] - European defense sector is interesting due to potential pullback on Russia-Ukraine discussions, but NATO demands higher defense spending [63][64] Artificial Intelligence - PolyAI raised $86 million in Series D funding for its conversational AI voice agents [70] - PolyAI's voice AI agents can handle tasks equivalent to over 1000 full-time employees for individual customers [73] - PolyAI claims to deliver approximately $10 million of value per client, totaling almost $15 billion for 250 customers [75][76] - PolyAI's annual recurring revenue was just over $20 million last year, with a goal to double this year [83]

>> THIS IS HORIZONS MIDDLE EAST & AFRICA. OUR TOP STORIES THIS MORNING. AT LEAST 16 PEOPLE KILLED AT SYDNEY'S BONDI BEACH IN AUSTRALIA'S WORST TERRORIST ATTACK AFTER GUNMEN OPENED FIRE ON MORE THAN 1000 PEOPLE CELEBRATING HANUKKAH.A WALL STREET SELLOFF SPARKED BY WORRIES OVER SPENDING. CHINESE STOCKS ALSO EDGING LOWER AFTER THE LATEST DATA SHOWS RETAIL GROWTH AT ITS WEAKEST SINCE COVID WITH FACTORY OUTPUT MISSING ESTIMATES. JUST PAST 9:00 A.M. ACROSS THE EMIRATES AND 7:00 A. M.IN CAPE TOWN. IT IS THE FINAL ...

Gun Law Reform & Review - The government is considering tougher gun laws, including limits on the number of guns individuals can license and a review of licenses over time due to changing circumstances and potential radicalization [1][2] - The government aims to empower agencies to examine further actions in this area, potentially toughening existing gun laws modeled after the Howard government's reforms [3] - A key focus is on reviewing gun licensing conditions, potentially updating legislation, and addressing gaps and loopholes to ensure responsible gun ownership [5][6][8] Specific Case & Security Concerns - The father of the perpetrator owned six weapons legally, raising questions about current gun ownership limits and whether existing rules were followed [9][10] - The perpetrator was previously known to ASIO for involvement with Islamic State in 2019, highlighting potential issues with reviewing license conditions and identifying red flags [11] - Intelligence and policing communities are investigating associates and online chatter to prevent further attacks, while also addressing potential security gaps [13][14] Terrorism Designation & Investigative Powers - Designating the incident as a terror attack grants police more legislative power to investigate connections, track financial information, and interview potential associates [15][16]

What to Know About Australia’s Gun Laws in the Wake Of Bondi Attack https://t.co/ooEloVGUVr ...

Legal & Political - South African politician Julius Malema found guilty of violating nation's gun laws [1] - The violation occurred at a political rally in 2018 [1]

Joining me now is Minneapolis Mayor Jacob Fry. Uh, Mayor Fry, thank you so much for taking the time this evening. I know this has been an incredibly difficult day and and many of us nowhere near Minneapolis are are reeling have been reeling. I have been personally reeling all day from what we've seen and what we've heard. So, let me start by asking you, I know you've been spending a lot of times with the victim's families today and and people who've been impacting the community. How are you doing and and ho ...

Crime Trends in Chicago - Crime in Chicago has decreased, although not eliminated, according to Chicago's own crime tracker [2] - Chicago is actively working to reduce crime, with evidence suggesting progress [2] - Any level of crime is considered too much, indicating a need for continued efforts [3] Political Perspectives - Republicans may view the focus on crime in Democratic cities as a political win, reinforcing the idea that Democrats are soft on crime [4] - The discussion around crime may be a distraction from other issues [14] Gun Violence Prevention - Proven methods of gun violence prevention exist and lead to improvements, although they don't eliminate all incidents [9] - Programs exist to keep kids off the street and give them hope [8] - Illinois has strict gun laws, but faces challenges due to less strict laws in surrounding states like Indiana [10][11][12] - Guns are trafficked from other states [9][12] Bail Reform - Illinois passed a cashless bail law giving judges more discretion [13] - Judges can deny bail if they believe the individual poses a risk of violence [13][14]