Analysis - On election night 2020 the sense of triumph around Labour was palpable, the grins as wide as the Waikato. Today s Budget is why. After years of compromise, contradiction and incompetence, this is the sort of Budget Labour party MPs and members have wanted to deliver. Labour s majority win in last year s election that allowed it to govern alone means Budget 2021 is dyed the deepest red.
Prime Minister Jacinda Ardern and Deputy Prime Minister - and Minister of Finance - Grant Robertson.
Photo: RNZ / Dom Thomas
The headline announcement of benefit increases is, for once, a genuinely once-in-a-generation move. On top of the $25/week increases under National and then the previous Labour-led government, this increase of main benefit rates of between $32 and $55 by April 2022 is a significant reset of what New Zealanders can expect from the welfare state.
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LONDON/SYDNEY (Reuters) - Global shares hit the pause button and gold briefly crested a three-month high as surging COVID-19 cases in some Asian countries and inflation pressures tempered demand for riskier assets.
FILE PHOTO: The German share price index DAX graph is pictured at the stock exchange in Frankfurt, Germany, May 14, 2021. REUTERS/Staff
Markets have been skittish in recent weeks as bumper supplies of central bank stimulus and rising prices in the United States and other countries fuel concerns some economies could overheat, requiring policymakers to tap on the brakes.
The MSCI World Index, a broad gauge of equity markets globally, was flat in European trade, albeit less than 2% from a recent record high. That followed its best day since February on Friday after an early week inflation-driven selloff.
Жители Московского района создали петицию за сохранение маршрута К-213 dp.ru - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dp.ru Daily Mail and Mail on Sunday newspapers.
By Femi Falana
Comrades, friends, fellow compatriots, Ladies and Gentlemen, we are here to celebrate one of our very best; one of the best our continent can offer not just in terms of academic achievements and intellectualism, but also in clear-headed and consistent political activism and revolutionary practice. Professor Omotoye Olorode is not just an example in selflessness and sacrifice for the liberation of Nigeria and Africa, but also a study in humility and mentorship of generations. He is one Nigerian that has absolute confidence in the future and the ultimate triumph of our people over backwardness, neo-colonialism and imperialism.
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Inflation.
It’s here now! It’s at least 10 per cent, yet Statistics Canada shows only 2.2 per cent. I don’t know where its head is stuck! Is it totally out of touch with reality?
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Try refreshing your browser. Community editorial board: The true costs of inflation are starting to appear Back to video
Gas was $1.02 per litre last August. Now it’s $1.29 per litre. The U.N.’s Global Food Price Index has climbed for 10 straight months. Food prices have gone up some 10 per cent. Hay for animals has doubled in price.