Economy

Trump Budget: Military Up, Social Programs Cut Deep

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Trump Budget Proposal Prioritizes Military Spending, Slashes Social Programs April 3, 2026 Washington D.C. – President Donald Trump’s administration unveiled a controversial budget proposal Friday, dramatically increasing military spending while simultaneously enacting deep cuts to vital domestic programs. The plan, totaling $1.5 trillion in proposed military expenditures, is already drawing sharp criticism from Democrats and … Read more

How long will it take for fuel to drop below $3 again?

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New Zealand petrol prices have reached an average of $3 per litre, driven by rising global oil costs following recent international conflicts. Fuel Price Surge Linked to International Tensions Fuel prices in New Zealand have skyrocketed since late February, coinciding with conflicts involving the US and Israel. On Monday, 91 octane petrol averaged $3.42 a … Read more

Venezuela Investment: Risk & Optimism Attract Investors | WSJ

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Venezuela’s Economic Reawakening: Investors Return with Cautious Optimism A wave of international investment is beginning to flow back into Venezuela, signaling a potential turning point for the nation’s long-struggling economy. Despite significant risks, businesses and investors are increasingly drawn by opportunities in the oil-rich country, particularly as sanctions ease and economic reforms take hold. This … Read more

Care Worker Mileage Rates Rise With Fuel Costs ⛽️

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The Looming Crisis in Care: Fuel Costs, Worker Shortages, and the Future of In-Home Support A recent, seemingly small adjustment – a mileage rate increase for travelling care workers in New Zealand – belies a much larger, rapidly escalating problem. While the government’s response to surging fuel prices is a step in the right direction, … Read more

Moon Nuclear Power Boosted by Successful Rocket Launch

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A staggering $93 billion has been invested in NASA’s Artemis program, yet the initial vision – a lunar orbiting station called Gateway – is rapidly fading. This isn’t a setback, but a pivotal shift. The agency, and increasingly, the global space community, is now prioritizing permanent lunar bases. This dramatic rethinking of lunar strategy isn’t … Read more

Oil Jumps 5%: Trump Threatens Iran With Hard Strike

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Oil Market Volatility: Trump’s Iran Policy Fuels Price Swings Global oil markets experienced a turbulent week, marked by significant price fluctuations driven by escalating tensions surrounding Iran and shifting signals from the White House. Initial surges, prompted by President Trump’s vow of a forceful response to Iranian actions, quickly gave way to declines as the … Read more

NZ EV Sales Soar: Fuel Costs & Global Issues Drive Shift

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New Zealand EV Sales Accelerate Amidst Global Uncertainty and Rising Fuel Costs A surge in electric vehicle (EV) adoption is sweeping across New Zealand, fueled by a confluence of factors including escalating global tensions, record-high fuel prices, and a growing consumer desire for sustainable transportation options. Recent data indicates a significant uptick in EV sales, … Read more

Proton Suite & Talk: Geneva’s Answer to Infomaniak

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Proton Workspace & Meet: A European Challenge to Google and Microsoft Geneva-based Proton, renowned for its end-to-end encrypted email service, has launched a full-fledged office suite and video conferencing platform, directly challenging the dominance of Google Workspace and Microsoft 365. This move signals a significant expansion for the privacy-focused company and offers a compelling alternative … Read more

AfDB Funds $11.3M Renewable Energy Project in Africa

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Nairobi, Kenya – A groundbreaking $11.3 million financing facility, the Peace Renewable Energy Certificate (P-REC) Aggregation Facility, has been launched to accelerate clean energy access in some of Africa’s most challenging environments. The African Development Bank Group (AfDB) is contributing $5.65 million through its Sustainable Energy Fund for Africa (SEFA), matched by an equal amount … Read more

Nvidia, McCormick & Diageo: Top Stocks Moving Now

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Market Movers: Nvidia, Costco, and Cybersecurity Stocks Lead the Day’s Trading Wall Street is bracing for a dynamic trading session as several stocks are experiencing significant premarket movement. From tech giants like Nvidia to retail behemoth Costco, and a rebound in cybersecurity, investors are closely monitoring key developments. Adding to the complexity, predictions from Evercore … Read more

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