Tag Archives: New Zealand

New Zealand slips into its second recession in 18 months as economy contracts

WELLINGTON, New Zealand (AP) — New Zealand has entered its second recession in 18 months after the latest round of GDP figures confirmed its economy contracted in the last quarter of 2023. The country’s economy shrank by 0.1% in the quarter to December, and 0.7% in per capita terms, the New Zealand’s official statistics agency, Stats NZ, announced on Thursday. …

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Tensions run high in New Zealand ahead of national day over government’s relationship with Maori

WAITANGI, New Zealand (AP) — In a fiery exchange at the birthplace of modern New Zealand, Indigenous leaders on Monday strongly criticized the government’s approach to Maori, ahead of the country’s national day. The holiday, known as Waitangi Day, is held on Feb. 6 to mark the anniversary of the Treaty of Waitangi, a foundation document signed by British colonists …

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