News
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Households are spending an extra $3000 a year on essentials as the cost of living skyrockets, according to research by the New Zealand Initiative.
Its report, The rising cost of living for Kiwis, released on Thursday, said a third of the increase in living costs was due to higher transport costs, driven by higher prices at the petrol pump.
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Read more: Households spending extra $3000 a year on essentials, research shows
- Article: https://www.stuff.co.nz/business/128151026/households-spending-extra-3000-a-year-on-essentials-research-shows
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The United States has assessed that members of Russia's forces have committed war crimes in Ukraine, U.S. Secretary of State Antony Blinken said on Wednesday, adding that Washington's conclusion was based on a "careful review" of available information from public and intelligence sources.
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Read more: US says Russian forces have committed war crimes
- Article: https://www.newshub.co.nz/home/world/2022/03/russia-ukraine-war-us-says-russian-forces-have-committed-war-crimes.html
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Russia will seek payment in roubles for gas sold to "unfriendly" countries, President Vladimir Putin said on Wednesday, and European gas prices soared on concerns the move would exacerbate the region's energy crunch.
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Read more: Vladimir Putin's shocking request to 'unfriendly' countries
- Article: https://www.newshub.co.nz/home/world/2022/03/russia-ukraine-war-vladimir-putin-s-shocking-request-to-unfriendly-countries.html
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A veteran aide of President Vladimir Putin has resigned over the Ukraine war and left Russia with no intention to return, two sources said on Wednesday, the first senior official to break with the Kremlin since Putin launched his invasion a month ago.
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Read more: Vladimir Putin adviser Anatoly Chubais reportedly quits over Ukraine war, leaves Russia
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Rocket Lab USA Inc. is exploring ways to accelerate development of its next rocket after the invasion of Ukraine effectively ended commercial business for Russia’s Soyuz medium-lift rocket.
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Read more: Rocket Lab Weighs Speeding Development to Fill Gap Left by Soyuz
- Article: https://finance.yahoo.com/news/rocket-lab-weighs-speeding-development-150745066.html
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- Category: News
- Category : News
Senior economist Mark Smith said cost increases are becoming increasingly widespread and affecting core items such as food, housing, and fuel, which would lift household costs by about 7% this year, or $15 billion.
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Read more: Inflation, interest rates raise weekly household costs by $150
- Article: The bank was forecasting modest annual average growth of 2.1% this year, compared with 5.6% last year.
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- Category : Analysis
ANALYSIS: State media has not tried to hide the fact that billions of dollars in global investors’ funds have drained away from China in recent weeks.
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Read more: Why foreign investors are feeling jittery about China
- Article: https://www.stuff.co.nz/business/world/300548060/why-foreign-investors-are-feeling-jittery-about-china
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- Category : Defence
New Zealand's Ministry of Defence said it has suspended plans to build an Antarctic and Southern Ocean patrol vessel because planned spending is being reassessed due to the impact on the government's budget of costs related to the COVID-19 pandemic.
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Read more: Ministry of Defence suspends Antarctic patrol ship plans due to COVID budget costs
- Article: https://www.newshub.co.nz/home/politics/2022/03/ministry-of-defence-suspends-antarctic-patrol-ship-plans-due-to-covid-budget-costs.html
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