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Economy

Goldman Sachs predicts imminent oil price surge

Sanctions on Russia, along with insufficient investment into production, will cause a “serious problem”, a top analyst has warned. Oil will soar back above $100...

Warning issued for petrodollar

Refusal to use the greenback for oil payments around the world could undermine the US economy, a former White House official has said. The US...

Consumption ‘killer’ in Germany revealed

Inflation and high economic uncertainty have dented private spending, an official report indicates. Retail sales in Germany fell sharply in December in a sign of...

Food prices in Britain hit record highs – data

Consumers will pay an extra $1,000 for groceries this year, a survey shows. Food inflation in the UK soared to a new record of 16.7%...

Cost of living support extended for families and businesses

The Government is providing extra cost of living support to families and businesses, delivering on new Prime Minister Chris Hipkins’ promise of a greater...

Nobel-winning economist wants wealth tax

Joseph Stiglitz called for the world’s highest earners to hand 70% of their income over to the government. Nobel prize-winning economist Joseph Stiglitz has called...

Where is farming heading in the next 12 months?

Heading into an election year, farmers are facing ‘interesting times’ to say the least. The amount of regulation farmers are dealing with is unprecedented. In...

Swiss central bank reports massive loss

Last year’s $143 billion loss is the biggest in the regulator’s 116-year history. The Swiss National Bank posted the biggest annual loss in its 116-year...

US Stocks Have Best Week Since November as Smaller Jobs Growth Signals Smaller Rate Hikes

Wall Street posted its biggest weekly gain since November as moderating US jobs growth signaled that the Federal Reserve would further slow the pace...

Historical Analysis of the Global Elites: Ransacking the World Economy Until ‘You’ll Own Nothing’

Part 1: 5,000 Years Setting the Stage According to a video published by the World Economic Forum in 2016, by 2030 ‘You’ll Own Nothing. And...

Japanese inflation hits 40-year high

Consumer prices have risen due to soaring energy costs, official data shows. Japan’s core consumer inflation benchmark hit a fresh four-decade high last month as...

New price display rules for supermarkets and grocery retailers

The Government is putting in place rules that will make it easier for consumers to compare the price of grocery products at the supermarket,...

Goodbye 2022—The end of the impossible dream, in fact a technology nightmare

Make 2023 your turning point. Phew!! What a year. Aren’t we all glad to say sayonara. But what drove the events of 2022? What can...

Jet Fuel Crisis Predicted – Social Credit

The current crisis likely to lead to severe jet fuel rationing in the lead up to Christmas completely vindicates Social Credit's campaign to get...

Globalisation is ‘almost dead’ – tech guru

Close cross-border cooperation is not likely to come back, according to Morris Chang. Geopolitics have drastically changed the situation facing semiconductor makers, who have been...

Parent groups revolt over French power outage plan

Schools should not suffer from efforts to sustain the grid over the winter, they say. Closing schools to combat the energy crisis in France is...

The energy crisis is a major threat to the world. Is there a way out?

How anti-Russian sanctions, a planned transition to greener fuels, and the West’s short-sighted financial policies reaped a whirlwind. The West is currently in the midst...

World shifting from West to East – BRICS forum president

The trade bloc offers a new model of growth entailing equal rights and opportunities for members, Purnima Anand says. The role of BRICS on the...

Dairy continues to lead export growth, farm sales still weak – Fed Farmers

October saw another solid increase in exports, driven by dairy products, but their growth continued to be dwarfed by yet another petroleum fuelled surge...

Guy Hatchard: A nation of sheep will beget a government of wolves

I owe the title of today’s writing to Edward R. Morrow, a revered American journalist who reported the issues of the common folk and...

Bryce Edwards: Will the Govt act on mega bank profits and reform the banking sector?

The corporate retail banks are making mega profits on the back of Government policies and indirect subsidies of recent years. As a result, there are...

It is time for Kiwis to peacefully stand up and for the current members of parliament to peacefully stand down

“You may be 38 years old, as I happen to be. And one day, some great opportunity stands before you and calls you to...

Insulation trumps building structure

Want to voice an opinion? Send us a ‘Letter to the Editor’ by email to editor@dailytelegraph.co.nz, including your name, or initials, or ‘Anonymous’, and...

Score card for Adrian Orr

It's getting round to that time of the year when teachers are starting to consider what they're going to write on pupils end of...

Adrian Orr reappointed as Reserve Bank Governor

“Following the Reserve Bank Board’s unanimous recommendation to me, I am pleased to reappoint Adrian for another five-year term, effective from 27 March 2023,”...

Govt takes next step in CPTPP dairy export dispute with Canada

The government has today requested the establishment of a panel to hear its dispute against Canada regarding the administration of dairy tariff rate quotas...

‘Mortgage mayhem on the way’ – National

The Reserve Bank today has confirmed that extensive pain is on the way for Kiwi mortgage holders, National’s Finance spokesperson Nicola Willis says. The Financial...

ECB set for further rate hikes – Lagarde

Inflation is too high across the euro area and risks spreading throughout the economy, the head of the regulator says. The European Central Bank (ECB)...

NZ Outdoors & Freedoms Party ‘appalled’ by NZTA’s ‘destruction’ on Mt. Messenger

The New Zealand Outdoors and Freedom Party is appalled that Waka Kotahi ( NZTA) and its contractors have started destroying trees, habitat and nests...

‘Inflation Shocker’ – Fed Farmers

Annual inflation in the September 2022 quarter was 7.2%, much higher than all expectations and heaping pressure on the Reserve Bank to stamp harder...

Social Credit: Reserve Bank picks taxpayer’s pockets to boost commercial bank profits

The Reserve Bank is digging deeper into taxpayers pockets to increase the profits of investors and commercial bank shareholders with today's lifting of the...

Watch: Warning of a banking system ‘Black Swan Event’

Australian financial commentator Michael Cowan discusses the possiblility of a banking system 'Black Swan Event' following confirmation of a planned simulation arranged by some...

UK consumer confidence hits record low – study

Sentiment dropped more than expected this month, according to researcher GfK. UK consumer confidence has fallen to its lowest since records began in 1974 amid...

UK pubs and brewers risk closure – Financial Times

Soaring energy prices and lack of carbon dioxide reportedly threaten beer production. UK brewers are facing tenfold price increases for the CO2 they use to...

Russia and India to start trade in rupees

A new payment mechanism has been given the green light to boost Indian exports. India will soon launch trade in rupees with Russia, the head...

Global recession coming – FedEx CEO

The shipping giant’s stock suffered a hit after its chief made a grim prediction. The global economy is headed for a recession, FedEx CEO Raj...

Government should pay for Marlborough road rebuilds

Social Credit is calling on the government to come up with the money to fix the Marlborough roads seriously damaged by the recent devastating...

Catastrophic market collapse coming – Robert Kiyosaki

The finance guru has issued a dire warning about the impending crash of the dollar and the US economy. Famed writer and economist Robert Kiyosaki...

Government launches ‘Green Bonds’

New Zealand’s Sovereign Green Bond Programme has been launched providing the opportunity to invest in projects that contribute to climate and environmental objectives. “Green Bonds...

US Stocks Collapse After High Inflation Report, Dow Loses 1,276 Points in Worst Day Since June 2020

The New York Stock Exchange (NYSE) suffered one of its worst losses in recent memory after investors reacted to a Tuesday report showing inflation...

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