Articles tagged Donald Trump

Donald Trump and Brexit have given many people cause for concern about the future of the current world order. British economist Philippe Legrain spoke to Sam Sachdeva about tackling the public pessimism behind the rise of protectionism - and why there should be greater optimism about employing refugees.

Acting Prime Minister Winston Peters says Donald Trump’s latest comments about Russia are “horribly confusing”. But Peters himself appears to be confusing matters regarding allegations of Russian interference in US politics, as Sam Sachdeva writes.

As a senior diplomat under Barack Obama, Kurt Campbell helped shape the US relationship with China. Now he says the American view of the Asian superpower needs a fundamental rethink. Campbell spoke to Sam Sachdeva about China’s role in the international system, Donald Trump’s approach to foreign policy, and New Zealand’s position on the world stage. *

The Reserve Bank held interest rates at record lows and repeated its neutral view that it could either raise or cut rates. Business confidence fell again back to its post-election low. Labour scrapped its KiwiBuild visa policy forcing employers to take on an apprentice for each migrant. Instead, it will streamline the hiring of migrant workers to fill a 30,000 construction workers shortage. Shane Jones said John Key lobbied him to exempt the Te Arai land development from foreign buyer rules.

Donald Trump's moves to pull out of the Iranian nuclear deal and start trade wars with Europe and China created further fallout for oil prices and Harley Davidson. Winston Peters said he wanted houses to be affordable for people on the living wage, but only if house prices did not fall. That would imply a 100 year wait for Aucklanders on the living wage.

The big news in the political economy this morning is the growing fear that US President Donald Trump's trade war with China and Europe is now hurting global economic growth and could cause a recession.

A senior Kiwi diplomat criticised her Wellington bosses for their scrutiny of a deal with United States lobbyists, saying they were “driving me crazy” and telling the Americans to disregard a timeline inserted into the contract. Sam Sachdeva reports.