Anywhere in the world is an uncomfortable place from which to watch Donald Trump threaten global prosperity and peace. But Germany, given its destruction and renaissance over the past 75 years, is a more distressing place than most.
The machinery of Government is still grinding back to life after the summer break and a succession of provincial and national holidays to set to disrupt the flow in the next week or two.
Treasury Secretary Gabriel Makhlouf acknowledged to parliamentarians that New Zealand's tradeable sector had caught up little to the non-tradeable sector in recent years, but that New Zealand's 4% plus current account deficit was "not unsustainable." When queried on whether it was actually sustainable, Makhlouf was cautious.
The Trans Pacific Partnership (TPP) free trade agreement negotiations were challenging, Treasury Secretary Gabriel Makhlouf told parliamentarians on Wednesday, but a successful agreement could be "transformative for global trade" if it were attractive enough for China to want to join.