Category : Search result: New Zealand recession


Auckland shooting: Gunman dead after construction site siege

A lone gunman has been shot dead by New Zealand police after a dramatic shootout and siege in an Auckland construction site, leaving three civilians injured in a terrifying incident that unfolded just hours before the FIFA Women's World Cup opening ceremo

Half of US States on Brink of Recession, Analysis Reveals

A startling new economic analysis from Bloomberg Economics indicates that nearly half of all US states are either already in recession or teetering on the edge, signalling potential national economic turmoil ahead.

Last-gasp Balard goal seals Socceroos win over NZ

A stoppage-time strike from substitute Max Balard delivers Australia a dramatic 2-1 victory over New Zealand, leaving Phoenix coach Tony Popovic 'deflated' after a resilient defensive display.

UK Economy Flatlines with 0.0% GDP Growth in April

New ONS data reveals the UK economy showed zero growth in April 2024, a significant slowdown from the 0.4% expansion in March. The services sector stalled while production fell, putting pressure on the next government.

Hiker dies in fall on Alaska's receding Byron Glacier

A hiker has died in a tragic fall on Alaska's rapidly receding Byron Glacier. The incident highlights the increasing dangers of hiking on unstable, melting glacial terrain as climate change accelerates.

UK Gilt Yields Hit 27-Year High in Market Meltdown

UK financial markets face a severe stress test as long-term government borrowing costs surge to levels not seen since 1998. The gilt sell-off, driven by stubborn inflation data and hawkish central bank fears, triggers a flight to safety, sending gold and

Fugitive Dad Spotted After 12 Months On The Run

Exclusive: Tom Phillips, wanted by NZ police, was caught on CCTV breaking into a store. His three children, missing for over a year, are believed to be living off-grid with him.

Think Tank Demands Urgent Reform of Bank of England

A major economic think tank, IPPR, has launched a scathing report demanding a radical overhaul of the Bank of England's mandate. The proposed reforms aim to prioritise economic growth, green investment, and regional equality, challenging the Bank's curren

UK Economy Stalls as GDP Flatlines in April

The UK's economic growth ground to a halt in April with 0.0% GDP growth, dashing hopes for a swift recovery. Key figures like Sir Richard Branson and Jo Malone voice concerns over political instability hindering business momentum.

2008 Recession-Era Restaurant Deals Make Worrying Comeback

Iconic money-saving deals from the 2008 financial crash, like 'Gourmet Burger Kitchen's' 'Two for Ten' and 'Strada's' £5 pizza, are reappearing on high streets. Economists warn this trend is a classic harbinger of an economic downturn as consumers tighten

Teen Prodigy Named in NZ's Rugby World Cup Squad

In a stunning selection, 19-year-old Braxton Sorensen-McGee has been named in the Black Ferns' squad for the 2025 Rugby World Cup, poised to become the tournament's youngest ever player.

NZ's Hunt for Fugitive Dad and 3 Kids Enters 3rd Year

The desperate search for Tom Phillips and his three children, missing since December 2021, continues as New Zealand police offer a record reward and new details emerge about his survivalist tactics and anti-establishment views.

UK Private Sector Growth Hits Nine-Month High

In a major boost for the UK economy, a key business survey reveals the fastest growth in private sector output in nine months. Driven by strong demand in the dominant services sector, the S&P Global/CIPS flash PMI surged to 53.3, signalling robust expansi

New Zealand Enters Recession as GDP Contracts Again

New Zealand's economy has officially entered a recession, with GDP contracting 0.1% in the last quarter of 2023. High interest rates and inflation are blamed for the downturn, marking a challenging start for the new coalition government.

Zimbabwe vs New Zealand: Live Cricket Updates

Catch all the live action, scores, and highlights from the thrilling cricket match between Zimbabwe and New Zealand. Stay updated with real-time commentary and key moments.

Fed warns of potential Great Depression-level recession

The US Federal Reserve has issued a stark warning about the possibility of a severe economic downturn, drawing parallels to the Great Depression. Experts weigh in on the risks and potential policy responses.

Shapps claims UK "not in recession" despite data

Defence Secretary Grant Shapps faces backlash after controversially declaring the UK is 'out of recession', despite official data showing economic contraction. Labour slams remarks as 'delusional'.

UK economy shows unexpected November growth

The UK economy defied expectations with unexpected growth in November, easing recession concerns. Experts weigh in on the latest ONS and Bank of England data.

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