|
BOP Result Points To Underlying Strength
Thursday, 20 December 2001, 12:17 am
Press Release: New Zealand Government
|
Finance Minister Michael Cullen said the September balance
of payments figure was in line with market expectations and
provided further confirmation of the underlying resilience
of the New Zealand economy.
“The deficit has been reducing
each quarter since the beginning of 2000 and is now half
what it was when the government took office.
“New Zealand
is well positioned to weather the global downturn and to
capture early the benefits of a recovery in world demand,”
Dr Cullen said.
Ends
© Scoop Media

Gordon Campbell: On the Sony cyber attack
Given the layers of meta-irony involved, the saga of the Sony cyber attack seemed at the outset more like a snarky European art film than a popcorn entry at the multiplex.
Yet now with (a) President Barack Obama weighing in on the side of artistic freedom and calling for the US to make a ‘proportionate response’quickly followed by (b) North Korea’s entire Internet service going down, and with both these events being followed by (c) Sony deciding to backtrack and release The Interview film that had made it a target for the dastardly North Koreans in the first place, then ay caramba…the whole world will now be watching how this affair pans out. More>>