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Bush to Hold Global Economic Summit, Aide Says
President Bush has agreed to play host to a summit of world leaders, with the aim of discussing the global response to the financial crisis, a senior White House official said. Though it will be soon, no...
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Tim Hales, NZPA, reports that two Korean fishing vessels are to be forfeited to the Crown.
Ministry of Fisheries investigations manager Mike Green said the vessels had been caught “trucking,” which means that they had taken their catches...
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An AP report just published in New Zealand reveals that major Irish betting company Paddy Power has declared the US presidential campaign well and truly won — 19 days before the actual election.
“We declare this race well and truly over...
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New Zealand zoological magazine Zootaxa has published a formal description of the what is officially the world’s longest insect.
The length of a human arm,or 35.7 centimeters, the immense bug is a stick insect from the island of Borneo. Found by...
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Judged man of the series after New Zealand won the series against Bangladesh 2-1, Oram has also moved up through the International Cricket Council’s player rankings.
His 135 runs and four wickets have propelled him past England’s Andrew...
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Telecom Corp., the biggest company on the benchmark index sunk 5.8% to a 16-year low of NZ$2.43 yesterday after lowering its 2009 earnings forecast because of costs to roll out its 3G services fast enough to beat rival Vodafone. Separately, the...
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Kiwi Dollar falls on signs of global slump
The New Zealand dollar fell on rising fears of a global recession which saw share markets tumble around the world, prompting investors to move away from higher-yielding, or riskier, assets
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The AFP agency reports that Janet Yellen, head of the San Francisco branch of the Federal Reserve, has said that the United States has entered a recession. In the third quarter the economy was weaker than expected, with possibly no growth at all. Read...
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Travel news editor of the UK Daily Telegraph, Charles Starmer-Smith, has announced that the world’s best golf course has finally been found.
The Cape Kidnappers course, on the east coast of the North Island of New Zealand, has been given its high...
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The governing body of southern hemisphere rugby, Sanzar, has confirmed the fixture list for the 2009 Tri-Nations championship.
Once again, television rules the timing of the matches, so that games in South Africa will be played in delightful...
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