New Zealand unveils new ‘wellbeing’ budget with $2.5 billion spending; cuts growth forecast
New Zealand on Thursday unveiled a $2.5-billion-dollar spending package under its ‘wellbeing’ budget, prioritizing mental health and alleviating child poverty, as it rolled out a new approach to budgeting that goes beyond measuring just economic growth…
Prosecutors seek sale of two New York condos linked to Malaysian fugitive
U.S. prosecutors are seeking to sell two luxury condominiums in New York City linked to fugitive financier Low Taek Jho, court documents showed, the latest effort to recover money allegedly stolen from Malaysia’s state fund 1MDB.
Four killed in Ukrainian military helicopter crash
A Ukrainian Soviet-designed military helicopter Mi-8 crashed late on Wednesday in western Ukraine, killing all four crew members, Ukrainian land forces said on Thursday.
Seven South Koreans killed, 19 missing after Hungarian boat capsizes on Danube
At least seven people were killed and nearly 20 were missing after a pleasure boat carrying South Korean tourists capsized on the flooding Danube in the Hungarian capital on Wednesday, police and ambulance officials said.
New PNG leader aims to ‘maximize gain’ from resources sector
Former finance minister James Marape was elected prime minister of Papua New Guinea on Thursday, and the critic of a major global gas development deal vowed to review management of the nation’s resource riches.
Critic of major gas deal becomes new Papua New Guinea PM
Former finance minister James Marape, a critic of a major global gas development deal, was elected by parliament as the new prime minister of Papua New Guinea on Thursday after weeks of turmoil over the handling of the South Pacific nation’s resource r…
New PNG leader looks to ‘maximize gain’ from resources sector
Papua New Guinea Prime Minister James Marape signaled his intention on Thursday to toughen laws on natural resources so as to benefit the nation in his maiden speech to parliament after being elected leader.
Taking aim at U.S., China says provoking trade disputes is ‘naked economic terrorism’
Provoking trade disputes is “naked economic terrorism”, a senior Chinese diplomat said on Thursday, ramping up the rhetoric against the United States amid a bitter trade war that is showing no signs of ending soon.
Seven South Korean tourists killed, 19 missing after Hungarian boat capsizes on Danube
At least seven people were killed and nearly 20 were missing after a pleasure boat carrying South Korean tourists capsized on the flooding Danube in the Hungarian capital on Wednesday, police and ambulance officials said.
New Zealand unveils spending boost in ‘wellbeing’ budget; cuts 2019 growth forecast
New Zealand unveiled plans on Thursday to spend up to NZ$3.8 billion ($2.47 billion) a year under its ‘wellbeing’ approach, which the government has touted as a new way of budgeting that moves beyond measuring just economic growth.
