Category : Search result: New Zealand recession


NZ MP suspended after powerful haka protest in parliament

A dramatic scene unfolded in New Zealand's parliament as Maori MP Rawiri Waititi performed a powerful traditional haka after being ordered to leave the chamber, leading to his suspension in a tense cultural confrontation.

JPMorgan CEO Dimon Issues Recession Warning

JPMorgan Chase CEO Jamie Dimon sounds alarm on economic turbulence ahead, highlighting inflation pressures and geopolitical risks that could impact British businesses and households.

NZ Foreign Minister's home vandalised in protest

The Auckland residence of New Zealand's Foreign Minister Winston Peters has been targeted by vandals in what police are treating as a politically motivated attack, raising security concerns for senior government officials.

NZ compensates Samoa for 2012 ferry disaster

In a landmark move, New Zealand offers a formal apology and NZ$12.7 million compensation to Samoa for the 2012 ferry sinking that claimed five lives, marking a significant moment in Pacific diplomacy.

Australia crush NZ in T20 as Stoinis stars

Australia clinched a dramatic 2-0 series victory against New Zealand in a rain-affected second T20 international, with Marcus Stoinis delivering a match-winning performance with both bat and ball.

FTSE 100 Plummets as UK Economy Shows Strain

London's FTSE 100 index faces significant losses amid economic stagnation fears and global market uncertainty. Expert analysis reveals what's next for UK investors.

UK Economy Grows 0.4% in Q2 - Strongest Since 2021

Britain's economy delivered a powerful performance in Q2 2024, with GDP growing by 0.4% - the strongest quarterly expansion since late 2021. Services and production sectors lead the charge as the UK economy gains momentum.

Auto Collapse Sparks 2008-Style Recession Fears

The dramatic downfall of a major automotive player has triggered alarming parallels to the 2008 financial crisis, raising urgent questions about the UK's economic stability and sending shockwaves through the industry.

Jobs Report Cancelled: Wall Street's Recession Fear Grows

Financial markets face unprecedented uncertainty as the pivotal September jobs report cancellation leaves investors flying blind during economic turbulence. Discover what this means for recession predictions and your investments.

Hamburger Helper Sales Slump: A UK Recession Warning

A sharp decline in sales of the popular meal kit Hamburger Helper is being interpreted by economists as a significant warning sign of an impending UK recession, as households cut back on discretionary spending.

FTSE 100 Plummets as UK Economy Stagnates

The London Stock Exchange faces a sharp sell-off as new data reveals zero economic growth in April, fuelling concerns over persistent inflation and delaying hopes for a Bank of England interest rate cut.

UK Car Debt Crisis Echoes 2008 Financial Shock

Exclusive analysis reveals British drivers are buckling under a record £70 billion car finance burden, with soaring defaults threatening a 'Great Recession' style economic tremor. Discover the ticking time bomb in the UK's auto loan market.

UK Economy Stagnates with 0.0% GDP Growth in April

New figures from the Office for National Statistics show the UK's economic recovery stalled in April 2024, with zero growth following a 0.4% expansion in March. The services sector slowed while production fell, casting a shadow over the government's pre-e

UK Borrowing Rises as Consumer Confidence Slumps

New ONS data reveals a sharp rise in UK public sector borrowing alongside falling consumer confidence, creating a challenging backdrop for Chancellor Rachel Reeves's upcoming autumn budget.

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