Submit a Story!

New Zealand's election: Key change for Kiwis

 
A long time coming in New Zealand, too NOT quite Obama v McCain. But New Zealand’s general election on November 8th also ushered in political change. Voters resoundingly rejected the Labour-led centre-left coalition led by Helen Clark, prime minister since 1999, and turned to the centre-right National Party. Under New Zealand’s mixed member-proportional system, National won 59 of 122 parliamentary seats, but it can also count on the six seats of two small right-wing parties. John Key, the new prime minister, is Barack Obama’s age, 47, and relatively new to politics. A millionaire former investment banker of humble origins, his amiable personality went down well in a lacklustre campaign. Yet up to the end, Miss Clark, who has since stepped down as Labour leader, enjoyed high personal ratings and international praise. Labour has presided over huge reductions in government debt and unemployment, steady GDP growth, the creation of savings schemes and bilateral trade deals. Earlier ... (link)

Tags:

Related Content
Cutting Defense Department Pork
econospeak.blogspot.com 11/11/2008 — Conservatives wanted to paint Barack Obama as a big spending liberal but maybe he will propose reducing DoD spending says Bryan Bender : A senior Pentagon advisory group, in a series of bluntly worded briefings, is warning President-elect Barack ...
When Did the Recession Begin?
crossingwallstreet.com 11/12/2008 — The common media definition of a recession is two consecutive quarters of negative GDP growth. Technically, that’s not correct. For example, at the beginning of this decade, we never had two straight quarter of falling GDP, but it certainly felt like ...
Hopeful signs on health care
krugman.blogs.nytimes.com 11/13/2008 — This is very big news. One of the key questions about the new Democratic majority was whether Congress would try to play it safe, backing down on big ideas about reform, especially on health care. You can view the whole chorus about how we're still a ...
Obama Pushes for $50 Billion for Automakers, Oversight Czar
bloomberg.com 11/13/2008 — Nov. 13 (Bloomberg) -- President-elect Barack Obama is pushing Congress this year to approve as much as $50 billion to save cash-starved U.S. automakers and appoint a czar or board to oversee the companies, a move that would require President George ...
Obama wants auto industry reformer - Carrie Budoff Brown
politico.com 11/12/2008 — President-elect Barack Obama wants a high-profile point person to oversee reforms in the ailing auto industry, according to members of Obama s transition team. Specifics about the proposal remain unclear. But the transition team says Obama suggested ...
Eastern Europe and America: Looking west, hopefullyThe Economist: Full print edition 11/13/2008
Eastern Europe awaits a new American president nervously but in hope DETAINING the next president of the United States for three hours in what an eyewitness called a “malodorous” small room at an airport in the provincial Russian city of ...
Politics this weekThe Economist: Full print edition 11/13/2008
Politics this week Barack Obama paid his first visit to the White House since winning America’s election to discuss the transition of power with George Bush. With Congress returning to pass another stimulus package, Mr Obama pressed Mr Bush on ...
On our endorsement of Barack ObamaThe Economist: Full print edition 11/13/2008
SIR – The reasoning behind The Economist’s endorsement of Barack Obama for president (“It’s time”, November 1st) was inconsistent with past leaders. Your endorsement argued, for instance, that an Obama presidency would ...
Protecting the vulnerable: What Congo means for ObamaThe Economist: Full print edition 11/13/2008
America’s president-elect needs to remake the case for humanitarian intervention abroad IN AMERICA this has been a week for the drawing up of lists—lists of the virtues of Barack Obama, lists of big names for his administration, lists of ...
Lexington: Ship of foolsThe Economist: Full print edition 11/13/2008
Political parties die from the head down JOHN STUART MILL once dismissed the British Conservative Party as the stupid party. Today the Conservative Party is run by Oxford-educated high-fliers who have been busy reinventing conservatism for a new ...