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GDP result in line with expectations
Friday, 26 March 2004, 1:06 pm
Press Release: New Zealand Government
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26 March 2004 Media Statement
GDP result in line
with expectations
Finance Minister Michael Cullen said
the latest GDP figures showing growth in the December
quarter of 0.6 per cent and for the year of 3.5 per cent
were in line with expectations of a modest slowdown over the
coming year.
“But the economy continues to show
resilience as evidenced in the 5.2 per cent increase in
exports over the quarter and the lift to 3.7 per cent in
business investment,” Dr Cullen said.
ENDS
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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>>