Global Insight: NZ won't be a priority for Trump
The election of Donald Trump might be a bigger problem for the fortunes of New Zealand’s National-led coalition government than a Kamala Harris presidency, Prof Robert Patman believes. Trump has beaten Harris in a close contest with a clear outcome — ‘‘an incredible political comeback’’ — making him the 45th and 47th president of the United States. Ironically, while New Zealand’s centre-right government might be more closely ideologically aligned with Trump’s Republican Party, the election of Democrat Harris as US president would have had a better option for the coalition’s economic and political fortunes, international relations specialist Prof Patman says. ‘‘What Mr Trump is proposing, for example sweeping tariffs, is going to affect our economic performance.’’Watch full interviewProf Patman says Trump has a top-down view of the world that means great powers, and not New Zealand, will be his priority. he is an enemy of multi-lateralism, which is a keystone of New Zealand foreign policy.
Source:Otago Daily Times
November 07, 2024 04:06 UTC
Luxon: Donald Trump’s victory a 'comprehensive win'
Puppies of the ocean! Would you pet a stingray? Reporter Francis is at Dive Tatapouri where the stingrays have come out to play! Get up close with these friendly fishes and learn what to do if they turn up on your next swim.
Source:New Zealand Herald
November 07, 2024 03:32 UTC
Views clash over mine expansion
A controversial Bill is absolutely not "a war on nature" and would streamline a complicated process, a mining executive says. But an environmental group disagrees, saying the mining company is choosing the path "of least environmental integrity". A proposed expansion of OceanaGold’s Macraes gold mine, north of Dunedin, was announced in October as one of 149 projects selected for inclusion in the Fast-track Approvals Bill.
Source:Otago Daily Times
November 07, 2024 00:35 UTC
All Blacks v Ireland: Forget South Africa, Dublin test will ultimately show Scott Robertson’s mettle – Gregor Paul
Despite not being world champions, Ireland have a stronger claim than South Africa to be considered the game’s ultimate force – the most consistent, innovative and resilient team on the planet. Inevitably, this creates a framework to judge Robertson’s All Blacks. To not put too fine a point on it – Ian Foster’s All Blacks were smart enough and good enough to beat Ireland, but will Robertson’s be? And there are specific areas in which it feels Robertson’s side have fallen behind – namely their ability to destructively scrummage. He’s got four of the pack who started in Paris, and another, Tamaiti Williams, who came off the bench, and therefore there is a fair basis to assess an All Blacks scrum that enjoyed dominance a year ago.
Source:New Zealand Herald
November 06, 2024 23:31 UTC
Donald Trump’s victory: Sir John Key and Brad Olsen weigh in on economic implications
Former prime minister Sir John Key called Donald Trump a 'fighter'. Olsen said investors in New Zealand do not need to be too concerned as the markets will “fluctuate quite a bit”. Chief executive and principal economist at Infometrics Brad Olsen says the markets will fluctuate for the next few weeks. “Because there are a lot of different options on the table and they all have different impacts on quite different parts of the economy.”Rachel Maher is an Auckland-based reporter who covers breaking news. Sign up to The Daily H, a free newsletter curated by our editors and delivered straight to your inbox every weekday.
Source:New Zealand Herald
November 06, 2024 21:55 UTC
What impact will Trump have on the world economy?
But if across-the-board tariffs are imposed it “could leave the global economy around 0.75% smaller - and global trade down some 3% - by the end of the decade”, he added. The Peterson Institute for International Economics, a US think tank, estimated it could add more than two percentage points to China’s inflation rate. The impact of “immigration policy is as important as global trade” on inflation, noted for his part Gilles Moec, chief economist at insurer Axa. The Peterson Institute for International Economics estimated this could add more than two percentage points to the US inflation rate next year, 0.2 percentage points in Europe and 0.6 percentage points in China. The trade war that Trump has threatened to wage against China risks sapping global growth.
Source:New Zealand Herald
November 06, 2024 21:30 UTC
NZ Herald Live: Kamala Harris concession speech
Puppies of the ocean! Would you pet a stingray? Reporter Francis is at Dive Tatapouri where the stingrays have come out to play! Get up close with these friendly fishes and learn what to do if they turn up on your next swim.
Source:New Zealand Herald
November 06, 2024 20:58 UTC
US stocks hit record high after Donald Trump clinches victory
But European stocks fell, with the Stoxx Europe 600 index off 0.5% as the outlook darkened for the region’s exporters. Stocks are rallying “because investors dislike uncertainty more than any candidate”, said Luca Paolini, chief strategist at Pictet Asset Management. Meanwhile, the prospect of tariffs and looser US regulation knocked renewable energy stocks and European car manufacturers while lifting US banks. Trump has positioned himself as the pro-cryptocurrency candidate, pledging to make the US “the bitcoin superpower of the world”. Tesla was up 14% on bets that prominent Trump backer Elon Musk will benefit from the former President’s re-election.
Source:New Zealand Herald
November 06, 2024 20:55 UTC
Trump's back in the White House and early childhood education | NZ Herald News Update
Puppies of the ocean! Would you pet a stingray? Reporter Francis is at Dive Tatapouri where the stingrays have come out to play! Get up close with these friendly fishes and learn what to do if they turn up on your next swim.
Source:New Zealand Herald
November 06, 2024 18:31 UTC
US election 2024: Donald Trump claims ‘magnificent victory’, Kamala Harris concedes
Donald Trump has claimed victory in the US election, flanked by wife Melania and son Barron. That day, a mob of his supporters stormed Congress in a violent attempt to overturn the results of the 2020 election. Cedric Richmond, a co-chair of the Harris campaign, briefly addressed the crowd and said Harris would not speak. Trump, whose supporters attacked the US Capitol on January 6, 2021, after he claimed the 2020 election was rigged, voted earlier near his home in Palm Beach, Florida. Tuesday’s vote capped a dizzying race churned by unprecedented events, including two assassination attempts against Trump, President Joe Biden’s surprise withdrawal and Harris’ rapid rise.
Source:New Zealand Herald
November 06, 2024 17:31 UTC
Herald morning quiz: November 7
Which British monarch had the shortest reign, lasting only nine days? Photo / 123RFWhich British monarch had the shortest reign, lasting only nine days? Test your brains with the Herald’s morning quiz. Share your score with friends, family, & colleagues, and find out who has the sharpest mind. Be sure to check back on nzherald.co.nz for today’s afternoon quiz.
Source:New Zealand Herald
November 06, 2024 16:03 UTC
US election 2024: Inside Kamala Harris’ grim election night party
The crowds disappear from Howard University after hearing Kamala Harris won't speak tonight. Supporters at Howard University were reduced to tears as election results came through. US Democratic presidential nominee Vice President Kamala Harris arrives at Lehigh Valley International Airport in Allentown, Pennsylvania on her last day of campaigning. Empty seats are seen at the election night watch party for Kamala Harris at Howard University in Washington, DC. At 12.45am, Harris’ campaign officials told the crowd she wouldn’t be appearing.
Source:New Zealand Herald
November 06, 2024 15:29 UTC
NZ’s jobless rate climbs to 4.8%
New Zealand’s jobless rate increased to 4.8% in the September 2024 quarter and other measures of the labour market also weakened as the economy contracted. Deb Brunning, a statistics manager at Statistics NZ, said the unemployment rate had been growing for the past two years and more people were not in the labour force. The number of people not in the job market has increased 57,000 in the past year. Those without work for three to six months were up 42% while people spending shorter periods jobless were relatively steady, Stats NZ said. There were 148,000 people out of work as of September, Statistics NZ said, up from 143,000 in June.
Source:Stuff
November 06, 2024 13:15 UTC
Crowds at Harris HQ empties out
Kamala Harris will not speak tonight. Donald Trump is making his way towards his headquarters. NZ Herald Deputy Political Editor Thomas Coughlan is at Harris’ HQ and tells Heather du Plessis-Allan the space has been largely empty throughout the night, and many campaign staff are heading out. LISTEN ABOVE
Source:New Zealand Herald
November 06, 2024 12:45 UTC
Tourism To The British Buckingham Palace Will Open To The Public Starting In 2025
JAKARTA - The British Empire has finally opened Buckingham Palace to be visited by the general public starting in early 2025. Launching from Stuff.co.nz, on Wednesday, November 6, 2024, the palace's East Wing area will be open to the public for five months. 1.8 million, and will get a more in-depth view of the history of the rooms at the palace's East Wing. Meanwhile, Buckingham Palace is currently in the process of restoring 369 million pounds sterling or around Rp7.54 trillion. Buckingham Palace itself previously served as the official residence of the king in London, the venue for the hearing, and the reception.
Source:Stuff
November 06, 2024 12:35 UTC