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New Zealand PM Jacinda Ardern announces tough new gun law reform plan

New Zealand Prime Minister Jacinda Ardern. Photo: Scott Barbour/Getty Images

New Zealand Prime Minister Jacinda Ardern announced at a press conference Monday plans for more gun restrictions in response to the Christchurch mosques terrorist attack.

The big picture: Her government outlawed possession of military-style semi-automatic guns and assault rifles in April, in the wake of the March 15 fatal shootings. Under the proposed new law, Ardern said there would be a national register for all firearms and tighter restrictions on who can obtain and retain a firearms license — including a gun purchase ban on visitors to New Zealand.

Go deeper: New Zealand PM announces inquiry into attacks, swift gun law changes

Go deeper

Dion Rabouin, author of Markets
1 hour ago - Economy & Business

Investors increase their exuberance

Illustration: Eniola Odetunde/Axios

U.S. stocks jumped across the board on Monday and the S&P 500 had its best day since June 5, as the bulls stepped in and bought the dips in stock prices following last week's minor selloff.

Why it matters: While some have worried rising U.S. interest rates would dampen investor exuberance over the expected pickup in economic growth thanks to increasing vaccine numbers and big fiscal spending hopes, Monday showed investors still like risk assets. A lot.

Go deeper (1 min. read)Arrow
Bethany Allen-Ebrahimian, author of China
3 hours ago - World

China and Russia vaccinate the world — for now

Illustration: Aïda Amer/Axios

While the U.S. and Europe focus on vaccinating their own populations, China and Russia are sending millions of COVID-19 vaccine doses to countries around the world.

Why it matters: China's double success in controlling its domestic outbreak and producing several viable vaccines has allowed it to focus on providing doses abroad — an effort that could help to save lives across several continents.

Go deeper (1 min. read)Arrow
Ina Fried, author of Login
3 hours ago - Technology

China will dominate AI unless U.S. invests more, commission warns

Photo illustration: Axios Visuals. Photo: Krisztian Bocsi/Bloomberg via Getty Images

The U.S., which once had a dominant head start in artificial intelligence, now has just a few years' lead on China and risks being overtaken unless government steps in, according to a new report to Congress and the White House.

Why it matters: Former Google CEO Eric Schmidt, who chaired the committee that issued the report, tells Axios that the U.S. risks dire consequences if it fails to both invest in key technologies and fully integrate AI into the military.

Go deeper (2 min. read)Arrow