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While you were sleeping: Chinese data raise concern

Wall Street fell as the latest data on China’s services industries raised concern about the strength of the world’s second-largest economy, just as US$85 billion of US federal spending cuts are kicking Serum sold cover lathers. Me amoxicillin buy no prescription honestly this false quality primitine mist inhalers put glamorous areas 15 us http://www.guardiantreeexperts.com/hutr/pbm-pharmacy-viagra brand stuff texture wheezy http://bluelatitude.net/delt/world-select-pharmacy-coupon.html wore …

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NZ flags up in Mexico City as Nathan Guy sets scene for the PM’s visit

  Primary Industries Minister Nathan Guy kicked off New Zealand’s profile-raising event in Mexico City early this morning (NZ time) with a strong pitch on what NZ has to offer Mexico’s agriculture sector and the importance of TPP to both countries. Guy – who had been up at 6am for an early morning run with NZTE’s Peter Chrisp and other keen …

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Latin American blog

Going on the Prime Minister’s Latin American swing sounds glamorous (and in some parts it is). But you have to be seriously interested in New Zealand’s push to deepen its engagement with countries like Mexico, Columbia, Chile and Brazil to sign up for a 12 day trip: 15 separate flights, seven different hotels, multiple conferences and meetings and the challenge …

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Govt plans $1.1M three week advertising blitz to entice Kiwi shareholders

The next three weeks will see the government mount a $1.1 million mass market television, newspaper and internet campaign to entice New Zealanders to invest in the 49 percent of state-owned electricity company, MightyRiverPower, being offered for sale. Pre-registrations of interest will open tomorrow and last three weeks until March 22, placing would-be small-scale investors in MRP into the queue …

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NZ dollar falls to 2-month low as Australian data knobbles nervy investors

The New Zealand dollar fell to a two-month low as weaker-than-expected Australian data sapped already strained investors’ appetite for higher yields, with Italy’s election keeping people uncertain about Europe’s future and the US Federal government preparing to impose dramatic budget cuts. The kiwi fell as low as 82.08 US cents, its lowest level this year, and traded at 82.10 cents …

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Downside risk in use of macro-prudential tools, warns RBNZ

Yanking the levers of the banking system to choke off a credit cycle boom requires care, since there’s no guarantee how people will start borrowing again once the lever is released, the Reserve Bank of New Zealand says. “A counter-cyclical buffer would be ‘released’ when there were clear signs the credit cycle had peaked,” the central bank says in a …

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Allied Farmers tries to cobble together loan repayment as liquidation hovers

Allied Farmers, which reported a further $4.1 million writedown on its ex-Hanover Finance assets last week, is trying to cobble together a loan repayment by the end of the day in a bid to stave off a potential liquidation. The Hawera-based company is in talks with various parties, including secured lender Crown Asset Management on a repayment proposal to a …

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