Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Clark to head UN Development Programme, TT reports

Clark to head UN Development Programme, Trans-Tasman says

By Paul McBeth

March 25 – Former Prime Minister Helen Clark is to be named head of the United Nations Development Programme, according to the Trans-Tasman political letter.

Prime Minister John Key lobbied international leaders as he supported Clark for the nomination, while at the same time his administration purged Labour-appointees from the boards of state-owned enterprises and Crown entities. Similarly, Foreign Minister Murray McCully is looking to fold NZAID, the government department responsible for the nation’s aid programme, back into the Ministry of Foreign Affairs and Trade where its focus will shift to economic development from poverty alleviation. The government has also put the previous administration’s “world-leading” climate change agenda on review, calling the proposed emissions trading scheme overly ambitious.

Major donors to the U.N.D.P. supported Clark to the highest international position held by a New Zealander since former Prime Minister Mike Moore was named Director-General of the World Trade Organisation after she was placed on the short-list. Her leadership in a number of global issues and her international standing over the country’s anti-nuclear policy are believed to have supported her.

UN Secretary General Ban Ky-Moon is expected to confirm the appointment in the next few hours. Clark’s expected to take up the post later this year, forcing a by-election in the Mount Albert electorate which she has held for 28 years.

(Businesswire)

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: Equity Crowd Funding Carries Risks, High Failure Rate

Equity crowd funding, which became legal in New Zealand this month, comes with a high risk of failure based on figures showing existing forays into social capital have a success rate of less than 50 percent, one new entrant says. More>>

ALSO:

Scoop Business: NZ Migration Rises To 11-Year High In March

The country gained a seasonally adjusted 3,800 net new migrants in March, the most since February 2003, said Statistics New Zealand. A net 400 people left for Australia in March, down from 600 in February, according to seasonally adjusted figures. More>>

ALSO:

Hugh Pavletich: New Zealand’s Bubble Economy Is Vulnerable

The recent Forbes e-edition article by Jesse Colombo assesses the New Zealand economy “ 12 Reasons Why New Zealand's Economic Bubble Will End In Disaster ”, seems to have created quite a stir, creating extensive media coverage in New Zealand. More>>

ALSO:

Thursday Market Close: Genesis Debut Sparks Energy Rally

New Zealand stock rose after shares in the partially privatised Genesis Energy soared as much as 18 percent in its debut listing on the NZX, buoying other listed energy companies in the process. Meridian Energy, MightyRiverPower, Contact Energy and TrustPower paced gains. More>>

ALSO:

Power Outages, Roads Close: Easter Storm Moving Down Country

The NZ Transport Agency says storm conditions at the start of the Easter break are making driving hazardous in Auckland and Northland and it advises people extreme care is needed on the regions’ state highways and roads... More>>

ALSO:

Houses (& Tobacco) Lead Inflation: CPI Up 0.3% In March Quarter

The consumers price index (CPI) rose 0.3 percent in the March 2014 quarter, Statistics New Zealand said today. Higher tobacco and housing prices were partly countered by seasonally cheaper international air fares, vegetables, and package holidays. More>>

ALSO:

Notoriously Reliable Predictions: Budget To Show Rise In Full-Time Income To 2018: English

This year’s Budget will forecast wage increases through to 2018 amounting to a $10,500 a year increase in average full time earnings over six years to $62,200 a year, says Finance Minister Bill English in a speech urging voters not to “put all of this at risk” by changing the government. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news