THE AUSTRALIAN, SYDNEY MORNING HERALD (Australia), LES ECHOS (France), WALL STREET JOURNAL (USA) Worldcrunch SYDNEY – In a major blow to the ratings industry, the Federal Court of Australia ruled on Monday that Standard & Poor’s had misled investors by giving its most trusted rating to instruments that S&P knew to be faulty, the Australian […]
Tag: new zealand
NEW ZEALAND HERALD, TV ONE, RADIO NZ NEWS (New Zealand), THE AUSTRALIAN (Australia), ASSOCIATED PRESS (USA) AUCKLAND – A mass of small volcanic rocks nearly the size of Belgium has been discovered floating off the coast of New Zealand, reports the New Zealand Herald. The stretch of golf-ball-size pumice rocks was first spotted this week […]
NEW ZEALAND HERALD, 3 NEWS (New Zealand), BBC NEWS (UK), WALL STREET JOURNAL (USA) Worldcrunch WELLINGTON – Mount Tongariro erupted late Monday for the first time in nearly a century, reports the New Zealand Herald. Roads were closed, internal flights were disrupted and nearby residents were advised to stay indoors and disconnect water tanks, reports […]
Worldcrunch THE NEW ZEALAND HERALD, CNET AUCKLAND – The New Zealand High Court ruled on Thursday that the January police raid of Internet entrepreneur Kim Dotcom’s mansion was illegal. Kim Dotcom, whose given name is Kim Schmitz, is a German national who founded the file-sharing site Megaupload.com. The website was shut down and Kim Dotcom’s […]
Oil continues to wash ashore along New Zealand’s North Island following last week’s grounding of a Liberian-flagged cargo ship. The prime minister promises to clean the area’s pristine beaches “no matter what the cost,” but among locals, frustration is mo
A police clampdown on Maori activists in New Zealand netted an unlikely “terror” suspect: 27-year-old Urs Signer of Switzerland. Awaiting his trial, Signer continues life as “usual” in the indigenous village of Parihaka, where he lives with his Maori part