Tag Archives: Election

New Zealand market, business welcomes Labor election victory | Instant News


New Zealand’s financial markets and business leaders were quick to welcome Labor’s resounding victory in Saturday’s general election. The Labor Party took 49.1 percent of the vote, up from 36.9 percent in 2017. The conservative opposition National Party surveyed 27 percent, the second-worst defeat ever.

With 64 seats in 120 parliamentary seats, Labor will form the first majority government since the proportional electoral system came into effect in 1996. Labor’s ally, the Green Party, received 7.6 percent of the vote and 10 seats. NZ First, a right-wing nationalist party and also part of the Labor-led coalition, failed to reach the 5 percent threshold for returning to parliament.

NZ Stock Exchange (Source: Wikipedia)

A New Zealand Herald Tuesday’s report, titled “Nothing to disturb the stock market at Labor Landslide,” stated that financial markets had taken the Labor Party victory “with their paces.” The New Zealand dollar was trading at US66.13 cents Monday, up from US66.04 late on Friday, while the stock market S & P / NZX50 index was “down a few points” at 12,418.61. Port Asset Management Manager Shane Solly said the Labor Party was widely expected to win and “nothing is clearly concerned about the capital market”.

Frances Sweetman, a senior analyst at Milford Asset Management writes at Heralds on Wednesday following the formation of a Labor-led coalition with Greens and NZ First in 2017, “business confidence plummeted and the already stalled housing market quickly shook to a halt.” Yet this time, anticipating “a second term of a centric government focused on maintaining the status quo,” he wrote, the stock market “is not turning a blind eye.”

Sweetman drew particular attention to the fact that the gross NZ50 index rose 53 percent over the three years of Labor-led rule, compared to a 36 percent gain for the US S&P 500 index under Trump’s pro-business presidency over the same period. .

Going forward, Sweetman said New Zealand companies were optimistic that Labor would be “too busy protecting the economy from a COVID-driven downturn and trying to keep new National voters from surprising them with something too business-unfriendly.”

A Kiwibank commentary described Labor’s announced policies as “suitable,” and likely to boost business confidence. Chief Executive Officer of the Canterbury Chamber of Commerce Leeann Watson said the election results would “bring certainty and a degree of sustainability to the business community”.

Salt Funds managing director Matt Goodson highlighted the Reserve Bank’s quantitative easing operations in response to the COVID-19 crisis. He stated that what “really matters” is “an extraordinary monetary policy experiment carried out with extremely low interest rates and quantitative easing, and that is unchanged for now.”

The central bank supports the financial system and bank profits by printing up to $ NZ100 billion to buy back government bonds. Reserve Bank Governor Adrian Orr has acknowledged that bank policies increase asset value and wealth inequality, but banks need to maintain business confidence.

The Ardern administration’s primary response to the economic crisis fueled by COVID-19 is the same as any other government internationally: the unprecedented handover of tens of billions of dollars to businesses, which have fired tens of thousands of workers. The government’s “wage” subsidy schemes have so far paid employers more than $ NZ14 billion.

Institute of Economic Research economist Christina Leung told Radio NZ that following the lifting of the COVID-19 restrictions, which were sued by businessmen and corporate media against the advice of health experts, “the business atmosphere, activities and outlook” have all improved. The country back to work means “profitability expectations” are now improving, he added.

It was revealed this week that major global conglomerates including Coca-Cola, McDonald’s, Asahi and Tesla, along with many local NZX-listed companies, have all claimed millions of dollars in COVID-19 subsidies before distributing huge dividends to investors. New Zealand retail giant The Warehouse Group posted an annual after-tax profit of $ 44.5 million after taking out a $ 67.7 million subsidy while cutting 1,080 jobs.

Ardern has already signaled that a formal coalition with the Greens cannot possibly be given the “mandate” of the Labor Party to govern itself and its desire to honor National supporters who vote for the Labor Party. While the special Labor government is claimed to be more “business friendly” than the Green Labor coalition, both parties are using the election campaign to convince the company elite that they will meet their demands. Ardern emphatically rejects claims that the Green Workers’ coalition will impose a simple Green Party “wealth tax,” which the Greens are quick to explain is not a “bottom line” policy.

Auckland real estate millionaire Don Ha said Labor’s absolute victory was “inspiring” and would create more “excitement” in the property market. Ha said the residential property market was already “booming” before the election, and that a “stable” government would create the same because people could invest “with confidence.”

Rising house prices are one of the main drivers of inequality and social hardship. They have increased 7.6 per cent in the past year and 27 per cent during Labor’s tenure. An investor spokesman pointed out that the government’s pledge to build 4,000 public homes and new transitions per year, even if they were fulfilled, is far from certain, “won’t even touch the surface, so there will be a huge demand. for rental properties. “

As housing inequality and affordability worsens, the consequences for workers are dire. Over the past three years, private rental costs have increased by about 15 percent and waiting lists for public housing have increased from about 6,000 individuals or families to nearly 20,000. Researchers estimate that at least 41,000 people, or one in 100, are homeless.

NZ Trade Union Council President Richard Wagstaff stated: “The workers are looking forward to working with this government. Both Labor and the Greens have committed to hearing the voices of the working people. We can make meaningful changes when we work together. “

Workers shouldn’t be fooled. The pro-capitalist unions have fully supported the award of the Labor Party to big business, and assisted in enforcing mass redundancy and salary cuts. They promise a lot more of the same. Their main demand for the new government is to introduce an industry-wide “Fair Payment Agreement” that will be approved by the state, employers and trade unions. This would involve a ban on industrial action while such wage deals are negotiated.

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Draw on December 7 – Switzerland threatens to fall from … | Instant News


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The Swiss national team fell out of the top ten of Europe in the FIFA rankings. This could impact the draw for the 2022 World Cup qualifiers.

The Swiss national team have lost their place in the FIFA rankings following the October international results with two defeats against Croatia and Spain and a draw against Germany and are now in 16th place. Switzerland was followed by Denmark, which rose three positions.

No longer in pot 1

This means that Switzerland only ranks 11th in Europe in the FIFA rankings and, according to current status, will not enter pot 1. For the 2022 final draw in Qatar, the 10 best teams are designated by Europe as a group leader.

The draw on December 7

On December 7, the group for the World Cup qualifiers will be drawn in a virtual ceremony. The 55 teams in Europe are divided into 5 groups of six and five groups of five.

The 10 group winners immediately qualify for the World Cup finals. 10 runners-up competing with 2 best group winners from Nations League, who did not reach 1st or 2nd place in World Cup qualification, play-off for last 3 places in Europe at 32nd World Cup.
World Cup qualifiers will be played in Europe between March and November 2021.

Current FIFA rankings

  1. Belgium 1765 points
  2. France 1752 points
  3. Brazil 1725 points
  4. England 1669 points
  5. Portugal 1661 points
  6. Spain 1639 points
  7. Uruguay 1637 points
  8. Argentina 1636 points
  9. Croatia 1634 points
  10. Colombia 1631 points
  11. Mexico 1625 points
  12. Italy 1612 points
  13. Denmark 1610 points
  14. Germany 1607 points
  15. Netherlands 1596 points
  16. Switzerland 1589 points

All activities of the U-15 to U-20 national team were canceled

The current situation related to the corona virus has an impact on the continued program of the Swiss women’s and men’s junior national team from the U-15 to U-20 levels in 2020. The two directorates of the U-national team decided on Wednesday that all activities would be canceled. of the U national team for the rest of the year. To this end, the national association received notification from UEFA on Tuesday that the qualifying phase (planned for November 2020) and the final of the European Under-19 Championship for men (planned for March 2021 in Northern Ireland) had been canceled.

SRF Zwei, sportlive, 13 October 2020, 20:10; hej / sda / dab

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Here’s the breakdown of the lottery news on December 7th – Switzerland is threatening to fall off … for today. Hopefully we are successful in providing complete information and details. To keep up with all of our news, you can subscribe to our alert system or to one of our different systems to provide you with everything new.

It should also be noted that the original news has been published and is available on en24news and the editorial team at AlKhaleej Today has confirmed it and has been modified, and may have completely transferred or quoted from it and you can read and follow this news from its main source.

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In Fiji, Chinese diplomats and Taiwanese officials have clashed | Instant News


During a meeting between Chinese and Fijian officials, in Beijing, 2019. WANG ZHAO / AFP

Diplomacy is a fighting sport for Chinese: in Fiji, two Chinese diplomats were accused of breaking into a reception organized by Taiwan’s trade representatives to celebrate the island’s national day, and of provoking a fight with Taiwanese officials.

The incident occurred as China increased its aggression against Taiwan, an independent island that China claims as sovereign. In recent months, China’s air force has carried out attacks on airspace claimed by Taiwan, as Chinese leader Xi Jinping insists on its military. “Use all your energy to prepare for war”. At the same time, Beijing is assuming a much more aggressive diplomacy, known as the “fighting wolf”, in reference to the nationalist blockbuster released on-screen in 2015, featuring Chinese Rambo saving the world.

Articles are provided for our customers Read also Military, commercial and strategic tensions… the battle for Taiwan has begun

According to Taiwan’s Ministry of Foreign Affairs, the two Chinese officials have started photographing the hundreds of guests. Asked to leave the place, they allegedly got into a fight with a Taiwanese employee, so that one of them had to be hospitalized. “We strongly condemn the actions of this staff of the Chinese Embassy in Fiji”, Taiwan’s foreign ministry spokeswoman Joanne Ou said on Monday. The first island in the Pacific to recognize the People’s Republic of China in 1975, Fiji is a historic ally of Beijing. As for all the states that do not have formal diplomatic relations, Taiwan has representatives there where real diplomats work.

A “false national flag”

The Chinese Embassy in Fiji denied this version, saying that Chinese people are outdoors, in public places, and as part of “Official function”, added that the Taiwan mission personnel “Acting provocatively” fund “Injured” a Chinese diplomat. On Monday, October 20, Zhao Lijian, a spokesman for the Chinese Ministry of Foreign Affairs, lashed out at a «Serious foul» regarding the principle that the People’s Republic is the only legitimate representative of China, particularly in the use of cakes bearing a “False national flag”, namely the Taiwan flag.

Articles are provided for our customers Read also China is eyeing New Caledonia and its nickel reserves

The fragile status quo in relations between Beijing and Taipei was broken after the arrival of Taiwan’s president in 2016 from Tsai Ing-wen, whose formation, the Democratic Progressive Party, refused to adhere to the “one China” principle. China has delighted seven diplomatic allies in Taipei since, including two in the Pacific, Kiribati and the Solomon Islands. Among the fifteen remaining allies worldwide, Taiwan only has four allies in this very strategic zone, the Marshall Islands, Palau, Nauru and Tuvalu.

Simon Leplâtre(Shanghai, correspondence)

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Flights to Cuba continue from Great Britain and Canada | Instant News


That flights to Cuba from Britain and Canada in October and November. Thus, flights between the Kingdom and Cuba will begin on October 25. Meanwhile, flights between Canada and Cuba will start on November 6.

Manda una Recarga Cubacel  ???????? La recarga más barata

Flights to Cuba from United Kingdom

German tour operator TUI resumed 2 weekly flights to Varadero (in Cuba). From 25 October, flights will depart from Manchester Airport. Meanwhile, in November, they will depart from London.

Tourist agent Havanatour in Great Britain invited Britain to Cuba:

Llama a Cuba 35 minutos por tan solo $10 (solo para nuevos clientes)

German operator flight costs $ 1630 and includes 7 nights at the Royalton Hicacos Hotel. On the other hand, Ocean Vista Azul Hotel is offering 14 days all-inclusive for $ 1,120.

Coronavirus en Cuba: Últimas 24 horas  
Casos de coronavirus en Cuba: Resumen y Mapa

Flights to Cuba from Canada

Vacancies Air Canada schedules weekly flights to Cuba from Montreal. Also flights from Toronto to the Hicacos peninsula in Cuba.

On the other hand, OWG continued its flight to Cuba, in November, from Montreal. Additionally, it has flights from Toronto to Jardines del Rey, Cayo Santamaria (via Santa Clara) and Holguín.

They also clarified that for now none of these flights will have a connection with Havana, given the current border restrictions due to the pandemic. However, even so, it is undoubtedly good news for the island’s economic recovery following the coronavirus attack.

In this way, several airlines offered international flights in Cuba in the last months of 2020.

DimeCuba Travel is a travel agency that manages flights to Cuba:

In addition, it can be done up to 2 pieces of checked baggage at the hold of the aircraft. Likewise, it is allowed handbag the maximum weight depends on each airline.

Finally, international tourists can stay in private homes. Therefore, private hostels should report guests with symptoms of the virus.

Before you go read

It may be of interest to you

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If you like this CUBA NEWS, please mark 5 stars:

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2020 election results: Jacinda Ardern wears a dress designed by fashion designer Maaike for election night | Instant News


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Jacinda Ardern at Labor Headquarters last night. Photos / Files

Jacinda Ardern continues to support New Zealand designers by wearing clothes designed by Maaike for her election night victory speech.

The New Zealand brand has used Facebook to share its excitement.

“We dressed our spectacular leader in a simple and elegant dress and trouser combination.”

“We will talk more about this but for now we are very proud of the bold and historic victory for the Labor Party and we are very honored to have played a small role in the evening,” the fashion brand wrote on its Facebook page.

Many Facebook users commented, and shared their thoughts on the outfit.

“Her clothes are perfect,” commented one person.

Another said: “Loved the stylish and edgy pants, what an honor to dress, this fabulous lady loves how she supports made in NZ.”

Ardern wears a loose red top and trousers with a pair of gold earrings.

Maaike is run by designers Abby van Schreven and Emillie Pullar.

Last night Auckland City Hall looked like a sea of ​​red.

Ardern arrived at the scene to see the excitement and was joined on stage by his colleague Clarke Gayford and fellow Labor MP.

Jacinda Ardern gave a graceful victory speech after a landslide victory.

“Tonight New Zealand has shown the Labor Party its biggest support in at least 50 years,” he told supporters.

They were all smiles from Jacinda Ardern and her partner Clarke Gayford last night.  Photos / Files
They were all smiles from Jacinda Ardern and her partner Clarke Gayford last night. Photos / Files

There have been many thanks and talks about New Zealanders moving forward together.

The Labor Party has nearly 50 per cent of the vote – the most any party under the MMP has achieved and it is easy enough to govern without relying on other parties, meaning Labor will get the more than 61 seats it needs for a parliamentary majority.

However, the night was an absolute bloodshed for Judith Collins’ National Party – and her former NZ First Labor coalition partner was expelled from Parliament. That comes in well below 30 percent – a result that will give it about 35 seats. That’s 20 fewer than the last election.

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