Tag Archives: country

Bumper-to-bumper traffic for many travelers across New Zealand returning home | Instant News


Traffic is expected to occur along this section of State Highway 1 today when the tourists return home. Photo / Martin Sykes

Traffic was blazing fast towards Auckland with traffic turning nearly 12 km along the state’s main thoroughfare this afternoon.

A car driver said traffic north of Spinuru in South Waikato is bumper to bumper to Tirau. He said it took an hour to get to Pairere and traffic was still crawling to Cambridge.

Further south, a serious accident temporarily closed the main highway through Levin.

It’s bumper-to-bumper on parts of the SH1 between Topuni and Wellsford, via the Warkworth jam and the North Highway to Auckland.

The longest lines affect the stretch of road between Topuni and Wellsford, with riders facing a slow and congested race of at least 12 km.

Travelers returning from a long weekend getaway are warned to wait in line all afternoon when they return home.

Earlier, the New Zealand Transport Agency reminded motorists to allow extra time on their way back to major hubs today on both ends of the North Island.

A serious accident on SH1 near Avenue North Rd closed off the highway before 2pm. Drivers passing through the area are asked to follow emergency service instructions and are warned of delays.

Traffic is expected to be heavy throughout the day on State Highway 1 at Kakakawa in the Bay of Islands leading south and through Kāpiti which runs between Peka Peka and Ōtaki.

The heaviest traffic in the north is expected to be between 10 a.m. and 1 p.m., and it is busy between 1 p.m. and 6 p.m. today.

At the other end of the island, traffic is expected to be heavy between 11am and 7pm.

The holiday highway toll is currently at six, five higher than last year and the worst since 2017.

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Local Sports Report – 23-24 October 2020 | Instant News


The IHSAA State Football Tournament is in progress and local cross-country stars compete in the semi-states.

FRIDAY, OCTOBER 23

SOCCER

Class 3A Part 31 – First Half

# 6 Lawrenceburg 33, Brownstown Central 20 (Eagle Country 99.3 Feature Game) – After a long weather delay, the Tigers were strong and took a 13-0 lead in the first half. Brownstown Central will lead 20-13 in the 3rd quarter before the Tigers have 20 points missed.

Scottsburg vs. Rushville – Rushville withdrew from the tournament, therefore Scottsburg advanced.

Franklin County 21, Batesville 0

Greensburg 36, Charlestown 0

* Semi-finals: Lawrenceburg in Scottsburg and Franklin County in Greensburg.

Class 4A Part 23 – First Half

Greenwood 47, South Dearborn 26 – The Knights ended the season with a 4-5 record.

Martinsville 42, Jennings County 11

# 5 East Central 35, # 9 Silver Creek 0

# 3 Mooresville 48, Madison 0

* Semi-finals: Greenwood in Martinsville and East Central in Mooresville

Class 1A Part 47 – First Half

Tri 41, Oldenburg Academy 14

Milan 34, South Decatur 6

North Decatur 38, Cambridge City 0

Knightstown 22, Hagerstown 6

* Semi-finals: Milan in Tri and North Decatur in Knightstown

Class 2A Part 39 – First Half

Triton Central 50, Switzerland County 0 – The Pacers finished the season 3-6.

SATURDAY, OCTOBER 24

Cross Country – Semi State in Shelbyville

The Batesville men’s team finished 13th, while the Lady Bulldogs finished 12th.

Complete results in https://www.directathletics.com/results/xc/17364.html

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Exclusive: Six60 and the fight for the Garden of Eden concert | Instant News


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Six60 vocalist Matiu Walters explains why the band struggled to play at this iconic venue. Video / Michael Craig / Sky Sport
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New Zealand’s biggest band is struggling to become the first group to play in the Garden of Eden in a new fight for live music in the country’s main stadium.

Six60 – who made NZ music history by becoming the first local band to sell Western Springs – have become the new face of an old stoush that will hold concerts at the All Blacks’ house.

“This is our main venue,” said Six60 frontman Matiu Walters. “Surprisingly, there’s never been a show here. We thought why don’t we just hit the brakes and see if we can make this work.”

Under the Auckland Council Unity Plan, Eden Gardens are allowed to host six musical events a year, depending on the venue and promoter

get resource approval.

The process is so expensive that until now the Garden of Eden has not submitted an application; any bid will be up for grabs by the Garden of Eden Neighbors Association (EPNA). The group was against

extra nighttime and noisy events on the pitch dubbed New Zealand’s “National Stadium”.

But next Monday, Eden Park and EPNA bosses will be locked in a resource approval hearing at Auckland City Hall following a proposal from venue management to be able to host six events annually without approval.

If the Garden of Eden is successful, then Six60 could add the Garden of Eden to their summer 2021 list of shows. The country’s largest city is a surprise anniversary of the band’s six-show tour early next year.

Six60 performing on stage at the sold out show at the Western Springs New Zealand Herald Stadium photo by Alex Robertson 22 February 2020 NZH 04Jun20 -
Six60 performing on stage at the sold out show at the Western Springs New Zealand Herald Stadium photo by Alex Robertson 22 February 2020 NZH 04Jun20 –

Walters confirmed that after playing for two sold-out spectators in Western Springs, they then hoped to play in Eden Park.

But then they realized the bureaucracy they had to go through to be allowed to perform at the venue – the venue for two attempts at winning the World Cup from the All Blacks.

No concerts were held on the ground in its 120 year history.

Garden of Eden chief executive Nick Sautner said he hoped the suburban place would win, based on the support he received before the fight.

“Ninety-four percent of the audience stated emphatically that they support music in the stadium,” Sautner told the Herald on Sunday.

“We have received support from various people and organizations and we are very pleased to have the extraordinary level of support from our local community. This further demonstrates the current and ongoing positive relationship the stadium has with its neighbors.”

Aerial image of Eden Park stadium, Auckland.  23 April 2015 New Zealand Herald Photo by Brett Phibbs
Aerial image of Eden Park stadium, Auckland. 23 April 2015 New Zealand Herald Photo by Brett Phibbs

The neighboring association strongly opposed the move. Its latest bulletin on its website states residents who do not oppose “are at risk of permanently granting the rights and protections currently under the Auckland Unitary Plan without benefit or benefit to you, your family or your community”.

“Eden Park Trust’s goal is to make a profit at your expense.

“If it’s a given – that’s all. There’s no way to reverse or review. You have one shot – it’s not worth the risk.”

Six60 lead singer Matiu Walters in the Garden of Eden.  21 October 2020 Photo of the New Zealand Herald by Michael Craig
Six60 lead singer Matiu Walters in the Garden of Eden. 21 October 2020 Photo of the New Zealand Herald by Michael Craig

It warned about concerts that could finish as late as 11 p.m. and could attract up to 60,000 people.

“Don’t worry at all about the over-the-top / fact-free campaign being carried out by Eden Park,” continued the bulletin. “Fake news as they say.”

Winner of the Six60 award during the New Zealand Music Awards held at Spark Arena, Auckland.  14 November 2019 Photo of the New Zealand Herald by Dean Purcell.
Winner of the Six60 award during the New Zealand Music Awards held at Spark Arena, Auckland. 14 November 2019 Photo of the New Zealand Herald by Dean Purcell.

Eden Park has previously been in talks about holding a charity concert that raises funds for its LifePod baby incubator – with a lineup set to include Phil Collins topping the charts – in 2018.

It was kept after opposition from several local residents, including former Prime Minister Helen Clark.

Walters performs the national anthem ahead of last weekend’s All Blacks / Wallabies game at Eden Park.

He said it was “weird thing” that he could sing the national anthem there but “I can’t do my own show”.

If the Garden of Eden bid is successful, Six60 could play there in April.

“We want to be the first band to play in this stadium. It made sense to us that this is a local band and we are in a position to do it, to fill it up and do something crazy here. I think we can put on a great show.

A strong capacity of 50,000 spectators get ready to welcome the New Zealand six60 band to their bestselling show at Western Springs Stadium, Auckland.  23 February 2019 New Zealand reporter Photo by Chris Loufte
A strong capacity of 50,000 spectators get ready to welcome the New Zealand six60 band to their bestselling show at Western Springs Stadium, Auckland. 23 February 2019 New Zealand reporter Photo by Chris Loufte

“It’s just standing there and ready. Look at that. You can see it there and how awesome it is. How amazing it is for the Auckland and New Zealand music,” he enthusiastically looked out over the garden of the box company we talked about.

“Let’s do cool things and let New Zealanders do cool things in the coolest places.”

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Why is China making it difficult for foreign businesses to operate | Instant News


China is a great opportunity for business. Photo / Getty Images

Doing business in China can be a difficult and controversial proposition for companies in many countries. Yet even with allegations of intellectual property theft, forced partnerships, and strict restrictions on doing business, China continues to attract foreign capital. Why would businesses want to invest in China when there are so many other “business-friendly” countries and financial markets that support foreign investment?

The United States has accuses China from stealing intellectual property American company, the estimated theft US $ 600 billion every year. As a prerequisite for doing business in China, American and other companies may be charged forced transfer of their technology. In addition, regulations can oblige foreign investors partner and set up joint ventures with Chinese companies before they can do business in China.

In 2001, after becoming a member World Trade Organization, China pledged to open up its banking, telecommunications and electronic payment processing sectors. But action in this area has already been taken absent or, at best, halfhearted. China’s telecommunications industry, for example, remains under government control, and the government owns it prohibited Facebook and Google offer their services in China.

What’s in it for investors

Doing Business 2020, a World Bank publication, rating China – in terms of credit availability and ease and size of tax payments – 80th and 105th, respectively, out of 190 countries in the world. It uses 10 other indicators, such as protections offered to minority investors, registering property and enforcing contracts, China rating 31st out of 190 countries in the world for ease of doing business as a whole. In contrast, the US was ranked 6th out of 190, according to the same report.

Besides, doing business in China can risky politically. Negotiations with the Communist-led government can be difficult; it has a political system with a reputation lack of transparency and intolerance for dissent. The nation has important rule regarding capital inflows and outflows which are subject to change without public notification. Corruption is rampant in China, to the detriment of foreign investors such as the United States.

The Chinese Prime Minister delivers the government's work report in the Great Hall of the People in Beijing.  Photo / Getty Images
The Chinese Prime Minister delivers the government’s work report in the Great Hall of the People in Beijing. Photo / Getty Images

Despite negative business conditions, according to 2020 World Investment Report, in 2018 and 2019, China attracted $ 138 billion and $ 141 billion in foreign investment, respectively. Focusing only on 2019, this massive foreign investment into China exceeds the GDP of all such countries Kuwait – $ 137 billion; Kenya – $ 98 billion; and Venezuela – $ 70 billion. In 2019, China is the world second largest recipient foreign investment, second only to the United States.

A country that plays by the rules

Despite being relatively business-unfriendly, if the world’s 31st country can attract large amounts of foreign investment, surely the world’s No.1 country is sure to do as well as China, if not better. But New Zealand, ranked first in the world for its business-friendly climate, is nowhere near China in terms of foreign investment.

On two metrics – credit availability, which measures how easy it is to get credit; and tax payments, which measures the frankness and size of tax payments made to the country where the business is conducted – New Zealand ranks 1 and 9 In the world. And for ease of doing business as a whole, in contrast to 31st in China, New Zealand ranks first in the world.

Despite that honor, in 2018 and 2019 New Zealand attracted only $ 1.95 billion and $ 5.43 billion, respectively, in foreign investment. In other words, in 2018 and 2019, China attracted 71 times more and 26 times more foreign investment than New Zealand, even though New Zealand is considered a stable democracy with lower political risks than other forms of government and government. the most corrupt country in the world. What explains the huge differences in foreign investment?

Simple math for making a profit

That national market size – or scale – is critical for business. The more consumers a market has, the more products it has the potential to sell. In 2019, China’s population has almost reached 1.4 billion, compared to New Zealand’s population of approx 4.8 million. In addition, if measured by gross domestic product, China’s economy is second largest in the world, compared to the New Zealand economy, which is rating 51. Whether the problem is seen in terms of the number of consumers or the total size of the “economic pie” that is GDP, China’s economy is overshadowing the economy of New Zealand.

China is a great opportunity for business.  Photo / Getty Images
China is a great opportunity for business. Photo / Getty Images

This large difference in size or scale is important. Even though China is a significantly less friendly place to do business than New Zealand, it still makes sense for American and other multinational companies to invest in China.

From a financial gain perspective, consider the advantages of companies investing in China. That markup is the difference between the price the company charges for a product and the cost of producing an additional unit of the product. The advantages, then, are simply markup multiplied by the number of products that can be sold. The bigger the market, the more products that can be sold. More sales means more profit. This explains why companies around the world are prepared to tolerate it dubious Chinese business practices and still investing in China.

One example of doing business in China, despite many obstacles, comes from Hollywood. Disney produced “Mulan, “a $ 200 million live-action film that took more than five years to produce. Disney shot most of the film in New Zealand with the aim of releasing it in China, primarily to gain access to that vast market and to maximize profits Disney bowed. on many Chinese demands to ensure that “Mulan” can be released in China without objection from Chinese officials.

Disney’s relationship and concessions with China are examples of why so many foreign investors continue to pursue business in China – profit. Despite institutional restrictions on investment, with access to more than 1.3 billion people, many of whom are potential consumers, and a growing GDP, China is a global market opportunity that multinational companies around the world continue to exploit.

Amitrajeet A. Batabyal, Professor of Economics Arthur J. Gosnell, Rochester Institute of Technology

This article is republished from The Conversation under a Creative Commons license. Read original article.

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Shawano Football will surrender to front row Edgar | Instant News


SHAWANO, WI- The Shawano Football team have found a game for next Friday night. The Hawks (3-1) will travel to Marathon County to face the Edgar Wildcats (4-0). Edgar is ranked No. 1 in Division 7 and was D7 State Runner-Ups last year. They’ve been in state championship game three of the past four years and last won the title in 2016. The Hawks were originally scheduled to play Menasha before the Blue Jays season ended. .



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