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EXPLAINER: The World Bank has warned Russia is “mighty close” to default on sovereign debt. It would mark the first country to suffer a major default in a century. Here are the implications for Russia and the world.
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Read more: What would a Russian debt default mean for the world?
- Article: https://www.stuff.co.nz/national/explained/300538966/what-would-a-russian-debt-default-mean-for-the-world
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The Kremlin said on Thursday that Russia's economy was experiencing a shock and that measures were being taken to soften the impact of what it described as an "absolutely unprecedented" economic war being waged against Moscow.
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Read more: Russian economy in 'shock' from unprecedented economic war - Kremlin
- Article: https://www.newshub.co.nz/home/world/2022/03/ukraine-invasion-russian-economy-in-shock-from-unprecedented-economic-war-kremlin.html
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- Category : Analysis
Russia on Thursday shifted its stance over the bombing of a Ukrainian hospital in the city of Mariupol, with a mix of statements that veered between aggressive denials and a call by the Kremlin to establish clear facts.
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Read more: Russia shifts stance on hospital bombing condemned around the world
- Article: https://www.newshub.co.nz/home/world/2022/03/ukraine-invasion-russia-shifts-stance-on-hospital-bombing-condemned-around-the-world.html
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- Category: Politics
- Category : Analysis
ANALYSIS: If the National Party caucus needed any more evidence that replacing Judith Collins with Christopher Luxon was the right call, Thursday night’s 1 News Kantar Poll delivered it.
The National Party is now bettering Labour in the party vote for the first time since early 2020 - before the Covid-19 pandemic hit.
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- Category: World
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What started out as curious markings slapped in white paint on Russian tanks and trucks has now become a symbol of Vladimir Putin’s own version of World War Z.
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Read more: Putin’s World War Z Has Created a New Swastika
- Article: https://news.yahoo.com/putin-world-war-z-created-120859898.html
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Jacinda Ardern and Foreign Minister Nanaia Mahuta have named the Russian government officials and others who are banned from entering New Zealand.
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Read more: Russians banned from entering NZ - the full list
- Article: https://www.1news.co.nz/2022/03/07/russians-banned-from-entering-nz-the-full-list/
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Severe weather impacting crops has led to a climb in cabbage prices due to shortages.
One consumer contacted Newshub voicing their anger after spotting green cabbage at an Auckland supermarket for $8.50 late last week.
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Read more: Anger and shock as cabbage prices climb as high as $9
- Article: https://www.newshub.co.nz/home/money/2022/03/anger-and-shock-as-cabbage-prices-climb-as-high-as-9.html
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As well as the human suffering caused by Russia’s attack on Ukraine, the war is causing global economic impacts, some of which are already being felt in New Zealand.
Russia and Ukraine are minor trading partners for New Zealand, with Russia accounting for just 0.4 per cent of New Zealand’s good exports, and Ukraine an even smaller amount.
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Read more: How the war in Ukraine may impact the NZ economy
- Article: https://www.stuff.co.nz/business/industries/127999957/another-big-ugly-supply-shock-how-the-war-in-ukraine-may-impact-the-nz-economy
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