There’s a lot going on with New Zealand’s economy at the moment – rising interest rates , high inflation , falling GDP, and talk of a possible recession . Stuff’s latest quarterly publication The Monitor takes a deep dive into what’s going on – are we headed for a hard landing? Where is our next driver of growth? And what’s in store for tourism? To mark the publication, Infometrics economists Brad Olsen and Gareth Kiernan joined Stuff’s Business Editor Susan Edmunds on Monday morning to discuss the state of the economy and answer readers’ questions. You can catch up on the discussion below. … [Read more...] about The Monitor: Brad Olsen and Gareth Kiernan from Infometrics discuss NZ’s economy
Angelina jolie photographed by brad pitt
It Is Silly Season in the Land of Cryptocurrency
In October, the Colorado biotech company Bioptix changed its name to Riot Blockchain. The company’s valuation doubled within a few days. This might strike you as an extraordinarily bizarre story. But even more bizarrely, it’s becoming ordinary. Weeks later, the British company Online PLC changed its name to Online Blockchain. The company’s shares jumped 400 percent. In December, the Long Island Iced Tea Corporation—which, as you might expect, sold iced tea—rebranded itself Long Blockchain. The company’s shares promptly rose nearly 300 percent. On Tuesday this week, the legacy photography company Kodak announced the launch of KODAKCoin, a “photo-centric cryptocurrency to empower photographers and agencies to take greater control in image rights management.” The stock rose 80 percent in a matter of hours. It is officially silly season in the land of cryptocurrency. To borrow a reference from the show Portlandia , this is the “put a bird on it” stage of crypto, where … [Read more...] about It Is Silly Season in the Land of Cryptocurrency
Triumph and tragedy: The stories of Haldon Station
A book about Haldon Station tells more than just the history of another high country run in the Mackenzie – it is also a story of pioneers, their innovation, courage, and fortitude, living through two world wars, market crashes, rabbit plagues, droughts and loss. Rachael Comer reports. The sense of history was so strong at Haldon Station, when Mary Hobbs first visited it she said she could almost feel the stories of the past etched into the walls of the old buildings. For 165 years the station has been a place successive generations of New Zealanders have called home. Haldon Station in the Mackenzie, has a boundary adjacent to the eastern side of Lake Benmore, and extends up to the Kirkliston Range, and is 69.6 kilometres from Fairlie and 55.8km from Takapō/Tekapo. READ MORE: All black pīwakawaka in the huddle: Kiwi fantails make Mosgiel shed home More than 30 fantails flock to Mackenzie farm workshop to escape hoar frost The world in 2030 - a place of planes and … [Read more...] about Triumph and tragedy: The stories of Haldon Station
Transcript: Rep. Pete Aguilar on “Face the Nation,” June 26, 2022
The following is a transcript of an interview with Democratic Rep. Pete Aguilar of California that aired Sunday, June 26, 2022, on "Face the Nation." MARGARET BRENNAN: California congressman Pete Aguilar is a member of the January 6 Select Committee and he joins us from New York. Good morning to you, Congressman. REP. PETE AGUILAR: Good morning, Margaret. MARGARET BRENNAN: We also heard sworn testimony that the former president spoke to the Justice Department and Homeland Security about seizing voting machines. There was testimony this week that a Pentagon official and the Defense Secretary, the Acting Defense Secretary, were chasing a conspiracy theory about Italian satellites changing votes. These are outrageous ideas. But- but how far did this actually get? REP. AGUILAR: Well, I think what the- the testimony, and- and what we have laid out clearly indicates that the President, you know, knew he lost the election. And then he continued to gravitate to these conspiracy … [Read more...] about Transcript: Rep. Pete Aguilar on “Face the Nation,” June 26, 2022
An art collection’s new home in Philly
(CBS News) Priceless paintings are commonplace in the collection of the late Doctor Albert Barnes . . . a collection that returns to public view later this month. For art lovers, though, there's a divisive question . . . was the Barnes collection moved to its new location against his will? Rita Braver guides us through the controversy: It's the greatest Cezanne collection in the world, according to Barnes Foundation director Derek Gilman - as well as the greatest Renoir collection in the world, and one of the great Matisse collections in the world. And there's Van Gogh, Seurat, Picasso, Modigliani, and many other major artists - incredibly beautiful and important works, like Cezanne's masterpiece, "The Card Players." When asked how much "Card Players" would be worth, Gilman replied, "My lips are sealed." But just to give you an idea, a small "Card Players" study sold at auction this month for $19 million! Though Gilman is hesitant to put a number on it, the collection … [Read more...] about An art collection’s new home in Philly