Weekend briefing: Markets ignore tough debt limit negotiations
The 'hard yards' are underway in the debt limit negotiations. If there is a downside, PCE inflation is hovering around the +5% pa mark and not retreating much yet. Rising economic activity however is making the US trade balance higher as it raises the demand for all goods including imported goods. Their key 2-10 yield curve is more inverted at -80 bps which is more than the -59 bps a week ago. The bitcoin price is a little higher today, now at US$26,775 and up +1.6% from yesterday.
Source:Stuff
May 27, 2023 00:36 UTC
Markets with Madison: NZ equities 'more attractive' post-OCR peak
nzherald.co.nz published this video item, entitled “Markets with Madison: NZ equities ‘more attractive’ post-OCR peak | nzherald.co.nz” – below is their description. Milford’s deputy chief investment officer is keen to look at buying more New Zealand company shares now rate increases have likely peaked. Plus, could this ChatGPT tool help you make better investments? Full story: https://tinyurl.com/3bcpcdpjSubscribe and be notified of breaking news: https://goo.gl/LP45jXCheck out our playlists: https://goo.gl/Swd249Like NZ Herald on Facebook: https://goo.gl/tUC4oqFollow NZ Herald on Instagram: https://goo.gl/oLicXeFollow NZ Herald on Twitter: https://goo.gl/Wi6mbvnzherald.co.nz YouTube Channel
Source:New Zealand Herald
May 26, 2023 22:54 UTC
Labour takes aim at Opposition's superann policies
However, Labour says the figures are conservative, because they are based on the current rates of superannuation rather than future increases. “I don’t think this is going to be a big-spending election campaign. I don’t think that’s where the heads of the voters are at. I don’t think they’re looking for big-spending election promises, so I don’t think that’s going to be the flavour of the campaign.”He said it would not be the same as Ardern’s big-stage speeches: “We are very different personality types. “That’s something I think really does sharpen people’s focus and I guess in light of the cost of living and post-Covid times, it’s quite clear the challenges we’re facing.
Source:New Zealand Herald
May 26, 2023 20:56 UTC
Network of Auckland vape stores robbed 12 times
nzherald.co.nz published this video item, entitled “Network of Auckland vape stores robbed 12 times | nzherald.co.nz” – below is their description. An overnight Auckland vape store robbery marks the 12th time the network of shops have been hit by ramraids and armed robberies. Full story: https://tinyurl.com/2uyces9wSubscribe and be notified of breaking news: https://goo.gl/LP45jXCheck out our playlists: https://goo.gl/Swd249Like NZ Herald on Facebook: https://goo.gl/tUC4oqFollow NZ Herald on Instagram: https://goo.gl/oLicXeFollow NZ Herald on Twitter: https://goo.gl/Wi6mbvnzherald.co.nz YouTube Channel
Source:New Zealand Herald
May 26, 2023 20:41 UTC
International Crustacean Congress
1News published this video item, entitled “International Crustacean Congress” – below is their description. A shocking revelation has been made at the International Crustacean Conference – the truth about New Zealand crayfish. 1News YouTube ChannelGot a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.
Source:New Zealand Herald
May 26, 2023 15:38 UTC
California doctor in Queenstown crash named
A Californian doctor who left the country after allegedly causing a head-on crash that injured a Queenstown woman can finally be named. Raman Sidhar (73) was charged with dangerous driving causing injury to Sara Duan after the Frankton Rd crash on January 27 this year. They were stranded there for two days due to weather-related disruption to flights before returning to the United States. At the third call of his case on May 8, the court was told Sidhar had dismissed his Queenstown lawyer and had declined to participate in restorative justice. Police have indicated they will amend the charge to aggravated careless driving causing injury.
Source:Otago Daily Times
May 26, 2023 14:45 UTC
Aussie Mobile Games That Stand Out from the Pack
Smaller studios stand a better chance of having their games discovered and achieving success, and those studios can come from anywhere in the world. Fruit Ninja is one of the most addictive mobile games everHere’s a game that involves swiping the screen with your finger to slice fruit. Fruit Ninja was the first title from Brisbane-based Halfbrick studio to achieve mass appeal – and when we say mass appeal, we are not kidding. With Fruit Ninja still flying out of the download stores, they followed it up less than a year later with Jetpack Joyride. The game is as crazy as it sounds, and has almost as many downloads as Fruit Ninja.
Source:Stuff
May 26, 2023 14:02 UTC
Man arrested over 'firearms incident'
A man has been arrested following an alleged firearms incident in Dunedin this afternoon. A police spokeswoman said they received a report of a vehicle driving dangerously in Portobello Rd about 3.25pm today. The man had allegedly presented a firearm towards a member of the public, police said. The vehicle was located shortly after the incident and the man taken into custody. The ODT saw officers arrest a man wearing paint-covered clothing at the corner of Midland St and Andersons Bay Rd this afternoon.
Source:Otago Daily Times
May 26, 2023 13:43 UTC
The South Today bulletin: Friday, May 26
Local Body 2022 - Meet the Mayors Dunedin - Show A Features the candidates: Bill Acklin, Sophie Barker, Mandy Mayhem-Bullock, Jules Radich and Lee Vandervis. https://www.odt.co.nz/features/channel-39/local-body-2022-meet-mayors-du... Local Body 2022 - Meet the Mayors Dunedin - Show B Features the candidates: Jett Groshinski, Aaron Hawkins, Carmen Houlahan, David Milne, Richard Seager and Pamela Taylor. https://www.odt.co.nz/features/channel-39/local-body-2022-meet-mayors-du... Channel 39 - Southern Television gives voters the chance to meet the 11 candidates standing for Mayor of Dunedin in the upcoming local body elections, in 'Meet the Mayors - Dunedin 2022'. There are two episodes of 1 hour duration each, hosted by experienced broadcaster Dave Goosselink and co-hosted by The South Today presenter Hannah Wilkins, who's been hitting the streets asking the public about some of the issues facing Dunedin city.
Source:Otago Daily Times
May 26, 2023 12:33 UTC
Daily review 26/05/2023
Written By: notices and features - Date published: 5:30 pm, May 26th, 2023 - 19 commentsCategories: Daily review - Tags:Daily review is also your post. This provides Standardistas the opportunity to review events of the day. The usual rules of good behaviour apply (see the Policy). Don’t forget to be kind to each other …Share this: TwitterFacebook
Source:Stuff
May 26, 2023 10:36 UTC
Screwing the scrum with extreme climate change projections
By Sean Rush & Katharine Moody*The government could be said to be ‘screwing the scrum’ by ignoring the most recent findings of the IPCC, (Intergovernmental Panel on Climate Change), and persisting in using extreme climate change projections. So, what advantage is being gained by inflating sea-level rise and other climate change effects to the extent of implausibility? The research communityCentral government has poured plenty of money into research into climate change, for example: here, here, and here. Some would say MFE is going well beyond that into advocacy, supporting these exaggerated positions on climate change. ‘Screwing the scrum’ with the use of unlikely and implausible climate change scenarios (SSP5-8.5 and 8.5H+) needs to be yellow carded.
Source:Stuff
May 26, 2023 05:21 UTC
Furry Friday: Senior pets
Today we feature senior pets. FurryFriday New Zealand’s cutest pets in your inbox Sign up nowThanks to all for submitting photos. Help keep Furry Friday free of embarrassing mistakes by remembering to include your pet's name, and its sex if it's not obvious! Dear, stately Haggis, star of many Furry Friday editions since his debut at the age of 11, five years ago. Daisy is a country girl who's adapted to the bustle of city cafes; here's she's 13.
Source:Stuff
May 26, 2023 04:37 UTC
The Persistence Of Racism: Is the Anti-Racist Cause Winning or Losing?
THE RACISM experienced by Australian writer Louisa Lim raises questions about the persistence of racism in Aotearoa-New Zealand. Nothing intensifies racism more dramatically than the exploiters discovering racism is no longer profitable. At that point, the utility of the existing ethnic hierarchy is fundamentally compromised. The unabashed racism visible on social media, however, hints that, deep down, not much had changed since Brash’s near-victory in 2005. The political and cultural elites, to whom the prosecution of the anti-racist cause has been entrusted, are becoming increasingly defensive.
Source:Stuff
May 26, 2023 04:26 UTC
Auckland businesses investing $500,000 in crime prevention
In This Story: AucklandAuckland, based around 2 large harbours, is a major city in the north of New Zealand’s North Island. In the centre, the iconic Sky Tower has views of Viaduct Harbour, which is full of superyachts and lined with bars and cafes. Auckland Domain, the city’s oldest park, is based around an extinct volcano and home to the formal Wintergardens. Near Downtown, Mission Bay Beach has a seaside promenade. Population: 1.657 million (2017)5 Recent Items: Auckland
Source:New Zealand Herald
May 26, 2023 03:45 UTC
TVNZ Poll: ACT/National Government as Greens plunge- Winners, Losers and Predictions
I think it is highly unlikely now that National can win the 2023 election. If we look at John Key 180 days out from each of his elections, National was beating Labour by double digits, under Luxon, National are beating Labour by 2 points. Will the Class Left do that for the Greens this election as the Greens barely mange to poll above their 2020 result? NATIONAL and ACT: National are 2 points ahead and ACT peaked out. The policy difference between Labour and the Greens is almost 90% the same, but the policy difference between National and ACT are light years apart.
Source:New Zealand Herald
May 26, 2023 03:25 UTC