Daily review 19/12/2024

Written By: - Date published: 5:30 pm, December 19th, 2024 - 7 comments
Categories: Daily review - Tags:

Daily review is also your post.

This provides Standardistas the opportunity to review events of the day.

The usual rules of good behaviour apply (see the Policy).

Don’t forget to be kind to each other …

7 comments on “Daily review 19/12/2024 ”

  1. SPC 1

    Once upon a time there was a movie called Flying High.

    It was about a man who had lost the confidence of the country, exemplified by his inability to get where he was going by flying a plane (or taking a ferry), unless he had the support of a blow up "auto-pilot" called Winston (which the flight attendant Nicola kept trying to deflate).

    He became so insecure, he would not go to xxx or anywhere else without his brown shadow.

    At the moment the Labour Party and others are doing a whip around, to offer the brown shadow an extended holiday, so he is not back in Wellington till after the end of the TPB SC.

  2. SPC 2

    The world habitat for the flightless kiwi.

    The soaring greenbacked eagle

    Economists recently polled by the Financial Times said the (Trump) policy combination could trigger a new bout of higher inflation and hit growth.

    The Federal Open Market Committee voted on Wednesday to reduce the federal funds rate to 4.25%-4.5%

    Officials now expect to cut the benchmark rate by half a percentage point next year to 3.75%-4%

    Most saw the policy rate falling to 3.25-3.5% by the end of 2026, also higher than in the forecast from three months prior.

    On Wednesday, Powell said the Fed was in a “new phase in the process”, suggesting the bar for future cuts would move higher as rates approached estimates of neutral.

    Fed officials raised that estimate for the neutral rate again, with a majority now pencilling it in at 3%. This time last year, they gauged it was 2.5%.

    The local Reserve Bank notes currency trends abroad because of the impact of imported inflation here.

    https://archive.li/NQRag#selection-4019.0-4019.152

  3. Joe90 3

    Syrian journalist in exile Moussa al-Omar;

    https://en.m.wikipedia.org/wiki/Moussa_al-Omar

    @MousaAlomar

    1800 معتقل في معضمية الشام لم يخرج واحد منهم على قيد الحياة .. و4000 شهيد .. عدد سكانها 30 الف يعني ان معظم مواليد الثمانينات والتسعينات قتلوهم ..جيل كامل من الشباب قتلهم السفاحون

    1800 detainees in Moadamiyeh al-Sham, not one of them came out alive… and 4000 martyrs… its population is 30 thousand, meaning that most of those born in the eighties and nineties were killed… an entire generation of young people were killed by the butchers.

    https://xcancel.com/MousaAlomar/status/1869088161286255024

  4. joe90 4

    Pricks.

    //

    More than half of the Kāinga Ora social housing developments to be delivered in 2025 will not proceed next year.

    Kāinga Ora has revealed that 60% (172 of 284) of the consented but uncontracted projects planned for before June 30, 2025, will no longer be going ahead next year after a full assessment showed they did not meet the Government’s tightened criteria.

    The social housing projects put on ice would have provided an additional 1019 units and had been touted by the previous Labour Government as being part of the answer to the country’s housing crisis. Now only 546 of the total 1565 units (35%) consented but uncontracted homes due to be built in the first half of 2025 will happen.

    https://www.oneroof.co.nz/news/kainga-ora-axes-60-of-social-housing-projects-planned-for-2025-46815

    • Jenny 4.1

      Lesser supply means greater demand. Increased competition means private rents can be jacked up.
      The private landlords will be happy.