What the Budget reveals about NZ’s stance on US-China rivalry - Newsroom
1 min readoceania
What the Budget reveals about NZ’s stance on US-China rivalry - Newsroom
New Zealand’s Budget signals a shift toward closer alignment with the US amid intensifying US-China rivalry. Key points:
- Security and defence: Defence spending rises, aiming to keep defence above 2% of GDP with a focus on interoperability with Australia and the Five Eyes, and to adopt advanced weapons tech. Critics say this reflects a less independent tilt in foreign policy.
- Foreign policy implications: The Budget frames NZ’s security in a US-centered geopolitical enviro
Keep reading
Economics
Let’s shift EU ties from aid to trade, investment – President Mahama - Graphic Online
Summary: - President John Mahama urges shifting Ghana–EU ties from aid to trade, investment, innovation, and industrialisation, framing the relationship as a strategic, mutually dependent partnership grounded in shared values. - The partnership is described as evolving beyond traditional development aid toward deepened trade, investment, governance, climate action, peace and security, and human development. - The economy is improving: fiscal consolidation, macroeconomic stab
Economics
Economy on the threshold of ‘qualitative transformation’ | eKathimerini.com
Greece’s economy grew 2% in Q1 2026, driven by investment, exports, and tax cuts aimed at boosting disposable income amid inflation. Finance Minister Kyriakos Pierrakakis emphasized protecting households while avoiding misleading promises that could jeopardize growth. He called private debt reform the most comprehensive since the financial crisis and forecast that public debt would no longer rank Greece as Europe’s most indebted country by 2027. He framed a major qualitative
Economics
US House Passes Georgia Bill Targeting Russian, Chinese Influence Amid Deepening Rift With Tbilisi
The U.S. House passed a bill directing the administration to produce a detailed assessment of Russian and Chinese intelligence activities and influence networks in Georgia. The measure reflects growing U.S. concern about democratic backsliding under Georgia’s ruling Georgian Dream party and Georgia’s tilt toward Russia and China, despite broad public support for Euro-Atlantic integration. The bill aims to clarify foreign influence operations, assess Georgia’s alignment with U