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The New Zealand finance minister expects a strong economic recovery

SINGAPORE – New Zealand is forecasting a strong recovery in its economy in the three months ending in September, Treasury Secretary Grant Robertson said Friday. The country fell into steep recession – two consecutive quarters of negative growth – after GDP contracted 12.2% quarter-on-quarter between April and June, broadly in line with the decline economists expected in a Reuters poll …

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Covid is pushing New Zealand into its worst recession in years

Image rights Getty Images New Zealand is in its deepest recession in decades after tough measures were taken in response to the widely lauded Covid-19 pandemic. The country’s GDP contracted 12.2% between April and June when the lockdown and border closings occurred. It is New Zealand’s first recession since the global financial crisis and the worst since 1987 when the …

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The New Zealand Stock Exchange stops trading for the 4th day in a row after multiple cyberattacks

The New Zealand NZX exchange was targeted by DDoS attacks four days this week. Getty Images The New Zealand exchange stopped trading on Friday for the fourth consecutive time due to multiple cyberattacks. “We are currently facing connectivity issues similar to those caused by severe offshore DDoS attacks this week,” said Wellington-based exchange operator NZX Ltd. NZX. -2.95% said in …

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New Zealand mosque shooter sentenced to life in prison without parole

“Your actions were inhuman,” said Mander. “You deliberately killed a 3-year-old child when it was holding onto his father’s leg.” The March 2019 attacks against people praying in the Al Noor and Linwood mosques shocked New Zealand and resulted in new laws banning the deadliest types of semi-automatic weapons. They also led to global changes to social media logs after …

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The New Zealand court told the killer that he had spent years preparing for mosque attacks in New Zealand attack news

The Australian man, who killed 51 people in two mosques in New Zealand in 2019, meticulously planned his rampage to maximize casualties, a prosecutor said at the start of the trial on Monday. Brenton Tarrant, an avowed white supremacist, has pleaded guilty to 51 murder charges, 40 charges of attempted murder and one charge of committing a terrorist attack related …

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Ardern: Trump’s claim of a “big increase” in coronavirus cases in New Zealand is “obviously wrong”.

New Zealand Prime Minister Jacinda Ardern refuted it on Tuesday President TrumpDonald John Trump The Memo – Michelle Obama shines and scorches Trump Trump after Cuiden tried to win MORE progressives and Republicans in his Democratic Congressional speech the first night‘s claim that their country has a “big surge” in coronavirus cases. Ardern called the claim “obviously wrong” when reaching …

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