Выбор редакции
20 марта, 00:36

All Black coach Hansen plays down England link

New Zealand boss Steve Hansen insists there is no chance he would be interested in taking over from England coach Eddie Jones. Hansen's contract with the All Blacks…

19 марта, 23:50

How America Fell Behind the World on Immigration

The United States used to be an innovator. Now, the country’s handling of immigrants is an international exception—and an economic drag.

Выбор редакции
19 марта, 21:00

England’s Stuart Broad has ‘feeling my career is about to take off a bit’

• Bowler one short of 400 Test wickets before series in New Zealand• Self-tuition helps the 31-year-old solve problems with actionStuart Broad believes his England Test career is set for another trademark surge of wickets after a back-to-basics spell of self-tuition to solve problems with his bowling action.Broad heads into the day-night series opener against New Zealand in Auckland, starting on Thursday, one short of 400 Test wickets but after a year in which his scalps came at 36 runs apiece and an Ashes series of minimal impact. Continue reading...

Выбор редакции
Выбор редакции
Выбор редакции
Выбор редакции
Выбор редакции
19 марта, 17:45

Powell's Fed Hikes Rates: Global Week Ahead

World investors will be paying close attention to the wording of the Fed statement for clues on whether Powell & Co. think conditions are now strong enough to hike rates beyond the three the financial markets have been forecasting.

19 марта, 17:39

Kelly taps Kushner ally Chris Liddell as deputy chief for policy

White House chief of staff John Kelly has tapped Chris Liddell, a senior White House aide and former executive at Microsoft and General Motors, as his deputy.Liddell, who currently serves as the White House’s director of strategic initiatives, will be named deputy chief of staff for policy coordination, filling out Kelly’s bare-bones team.“Chris is widely respected across the administration and is highly qualified to oversee and coordinate our policy process,” Kelly said. “We look forward to having him in this new role.” As of Monday, Kelly was down to just one deputy: Joe Hagin, who focuses on the day-to-day operations of the West Wing. Rick Dearborn, the deputy chief of staff for legislative and intergovernmental affairs, departed the White House on Friday. Kelly’s office has been short-staffed since Kirstjen Nielsen, who was Kelly’s deputy at the Department of Homeland Security, returned to DHS as secretary in December.Up until now, the White House had not named a deputy chief of staff for policy, though several aides, including Nielsen and former staff secretary Rob Porter, had informally played that role.Liddell joined the administration last year to work in Jared Kushner’s Office of American Innovation. Liddell, who was born in New Zealand but is a U.S. citizen, was previously the chief financial officer at both GM and Microsoft. He was briefly under consideration to lead the National Economic Council.“He has extensive experience managing large organizations and has already overseen a number of interagency processes in the White House,” White House press secretary Sarah Sanders said in a statement. “In his new role Chris will manage the policy process as we continue to enact the president’s agenda.”POLITICO was first to report the move.

19 марта, 16:03

Key Events In The Coming Very Busy Week

This week is shaping up to be one of the busiest for global economic and political events in recent memory. From the overnight selection of a new governor at the People’s Bank of China, to the year's first G-20 meeting, to Powell's first Fed rate hike and a barrage of other central bank meetings, there is no shortage of events to follow. Market focus will be on the FOMC meeting this week and in particular the Fed dots. In the UK there is a BoE meeting on Thursday as well as CPI and unemployment. The EU summit will discuss the future of the EU  but more immediately the possibility of moving to the next round of Brexit negotiations. In EM there are central bank meetings in Brazil, Russia, Indonesia, Chile, Colombia, Taiwan and Philippines. In other data In the US, attention will be on the FOMC rate decision, housing data, durable goods orders and current account balance. In the Eurozone, look for PMIs. In the UK, there is the BoE bank rate announcement, unemployment data, CPI and retail sales. In Japan, CPI and PMI. In Canada, a quiet week with only CPI and retail sales. In Australia, we get unemployment rate, house price index and RBA's March minutes. In New Zealand, there is the RBNZ official cash rate. In the Scandies, we get the Norway unemployment rate and Riksbank speakers in Sweden. Visual summary: As reported overnight, on Monday China anounced that Yi Gang, formerly a PBOC deputy director, will lead the central bank. On Monday and Tuesday, central bankers and finance ministers from the Group of 20 are gathering for the first time this year in Buenos Aires. Their talks start Monday and conclude with the release of a statement on Tuesday. They convene at a time when concerns are growing that global economies may be peaking, and while they won't discuss cryptocurrencies as reported last night, the topic of the moment is President Donald Trump’s plan to impose tariffs on steel and aluminum.  The Week's key event will take place on Wednesday, when Jerome Powell makes his debut in the hot seat, chairing his first meeting of the Federal Open Market Committee after taking over from Janet Yellen. He is widely expected to hike the overnight lending rate to a range of 1.5 percent to 1.75 percent. A greater unknown is whether officials will boost their estimate for 2018 rate hikes to four from a median of three at their last forecast round in December. Elsewhere in the Americas, Brazil’s central bank is predicted to cut its key rate to a record low. On Thursday, Bank of England officials will lay the groundwork for an interest-rate increase in May. Inflation in the U.K. is still 1% above the bank’s target and policy makers are concerned that the economy’s speed-limit has dropped since the Brexit vote, leaving it at risk of overheating. Investors currently assign a more than 80 percent chance of a move in May, and it would take a big shock from the BOE on Thursday to prompt a significant unwinding of that trade. Elsewhere, New Zealand, the Philippines and Indonesia also set rates today. Germany releases its Ifo Index on the business climate, which is expected to slip. Trump this month announced 25 percent tariffs on imported steel and 10 percent for aluminum and they take effect Friday. As Bloomberg reminds us, Canada and Mexico are already excluded from the levies, and the Trump administration has left the door open for Australia and possibly other allies to win a similar concession if they can show they are trading fairly and are national-security partners. Planned retaliation from the European Union to China has triggered concerns over a global trade war * * * Here is Deutsche Bank with a detailed macroeconomic breakdown of key events by day: Monday: The commencement of the two-day G20 finance ministers meeting should be the highlight on Monday, while the expected announcement by China's NPC for the PBOC governor role will also be closely watched. Meanwhile the  UK's David Davis and EU's Michal Barnier are due to meet in Brussels with the meeting bringing possible clues about an agreement on the terms of Brexit transition. It should be a fairly quiet start to the week for data with UK and China house prices data due overnight, followed by the January trade balance for the Euro area. There is no data due in the US however the Fed's Bostic is slated to speak in the afternoon. Tuesday: Overnight we have the scheduled Chinese Prime Minister's press conference following the NPC. The main focus datawise in the morning will likely be on the February inflation report in the UK with CPI, RPI and PPI data all due. German PPI for February will also be released, while the March ZEW survey should also be closely watched. In the afternoon the Euro area consumer confidence reading for March is due out. Away from this President Trump is scheduled to meet with Saudi Crown Prince Mohammed bin Salman. Illinois will also hold a primary election for governor and congressional seats ahead of the midterms later in the year. Wednesday: The big highlight on Wednesday is the FOMC meeting outcome at 6pm GMT. Shortly after that Fed Chair Powell will also deliver his first postmeeting press conference as Chair. Away from that it’s another fairly quiet day for data with January/February employment data and February public sector net borrowing data due in the UK, while in the US the Q4 current account balance and February existing home sales data will be released. Thursday: Brexit should be a focus for markets on Thursday with EU leaders due to meet in Brussels to sign off on Brexit guidelines (possibly continuing through to Friday). Meanwhile it’s a busy day for data, highlighted by the release of the flash March PMIs in Japan, Europe and the US. Away from that we'll also have the BoE monetary policy meeting outcome. Other notable data releases on Thursday include March confidence indicators in France, the January current account balance reading for the Euro area, Germany's IFO survey for March, UK retail sales for February and weekly initial jobless claims, January FHFA house price index, February leading index and March Kansas City Fed PMI in the  US. Late in the evening we'll also get the February CPI report in Japan. ECBspeak will also be a focus with Lautenschlaeger and Nouy due to speak at separate events. German Chancellor Merkel is also due to deliver a speech in parliament likely outlining her policy goals. Friday: The most significant data on Friday comes in the US with flash February durable and capital goods orders data, along with February new home sales data. A number of Fedspeakers are also scheduled to speak including Bostic, Kashkari and Rosengren. The final day of the week also marks the deadline for the US government needing to pass a spending bill. Finally it’s worth noting that Italian parliament will reopen following the March 4th election. Finally, here is Goldman with a focus only on the US along with consensus estimates: The key economic releases next week are the durable goods and new home sales reports on Friday. The March FOMC statement will be released on Wednesday at 2:00 PM EST, followed by Chairman Powell’s press conference at 2:30 PM. Monday, March 19 09:00 AM Atlanta Fed President Bostic (FOMC voter) speaks: Atlanta Federal Reserve President Raphael Bostic will take part in a discussion on the Community Reinvestment Act at the National Interagency Community Reinvestment Conference in Miami, Florida. Audience Q&A is expected. Tuesday, March 20 There are no major economic data releases. Wednesday, March 21 08:30 AM Current account balance, Q4 (consensus -$100.5bn, last -$100.6bn) 10:00 AM Existing home sales, February (GS -0.8%, consensus +0.4%, last -3.2%): We look for a 0.8% decline in February existing homes sales, on top of last month’s 3.2% decrease. Regional housing data released so far suggest a moderate slowdown in closed homes sales, consistent with the 4.7% drop in January pending homes sales (which represent contract signings). Existing home sales are an input into the brokers' commissions component of residential investment in the GDP report. 2:00 PM FOMC statement, March 20-21 meeting: As discussed in our FOMC preview, we expect the FOMC to raise the target range for the funds rate by 25 basis points at the March meeting. In the post-meeting statement, we think the committee is likely to remain upbeat on economic activity, but the statement is likely to acknowledge the recent housing weakness. In the Summary of Economic Projections (SEP), we look for: (1) higher median estimates for 2018-19 GDP growth; (2) lower unemployment projections and a modest overshoot of inflation in 2021; and (3) the median 2018 dot for the funds rate to show four hikes in 2019. Thursday, March 22 08:30 AM Initial jobless claims, week ended March 17 (GS 230k, consensus 225k, last 226k); Continuing jobless claims, week ended March 10 (consensus 1,885k, last 1,879k): We estimate initial jobless claims moved back up 4k to 230k in the week ended March 17. The trend in initial claims appears to be falling, and we look for another low reading. However, we note initial claims in California look elevated and could normalize. Continuing claims—the number of persons receiving benefits through standard programs—edged up in the prior week. 09:00 AM FHFA house price index, January (consensus +0.4%, last +0.3%): Consensus expects the FHFA house price index to rise 0.4% in January, a touch above the pace of growth in December. The FHFA house price index has a wider geographic coverage than the S&P/Case-Shiller home price index, but is based only on properties financed with conforming mortgages. On a year-over-year basis, FHFA home prices rose 6.5% in December. 09:45 AM Markit Flash US manufacturing PMI, March preliminary (consensus 55.5, last 55.9) 09:45 AM Markit Flash US services PMI, March preliminary (consensus 56.0, last 55.8) 11:00 AM Kansas City Fed manufacturing index, March (consensus +18.0, last +17.0) Friday, March 23 08:10 AM Atlanta Fed President Bostic (FOMC voter) speaks: Atlanta Federal Reserve President Bostic will give a speech at the Knoxville Economics Forum in Tennessee. Audience Q&A is expected. 08:30 AM Durable goods orders, February preliminary (GS +1.5%, consensus +1.7%, last -3.6%); Durable goods orders ex-transportation, February preliminary (GS +0.9%, consensus +0.5%, last -0.3%); Core capital goods orders, February preliminary (GS +0.9%, consensus +0.7%, last -0.1%); Core capital goods shipments, February preliminary (GS +0.5%, consensus +0.4%, last -0.1%): We expect durable goods orders to rise 1.5%, following an unexpected 3.6% decline in January. We believe the details of the report are likely to be strong, reflecting strong manufacturing surveys and solid February industrial production data. Accordingly, we expect a 0.9% increase in core capital goods orders and a 0.5% increase in core capital goods shipments. We expect durable goods orders ex-transportation to rise 0.9%. 10:00 AM New home sales, February (GS +6.5%, consensus +5.1%, last -7.8%): We expect new home sales to increase 6.5% in February following a 7.8% decline in January. The level of new home sales looks depressed relative to single-family building permits, so we expect a rebound in this report. 10:30 AM Minneapolis Fed President Kashkari (FOMC non-voter) speaks: Minneapolis Federal Reserve President Kashkari will take part in a moderated Q&A in New York. Audience Q&A expected. Source: BofA, Deutsche, Goldman  

19 марта, 13:00

Lorde's US tour has flopped – but it might be the making of her | Laura Snapes

The New Zealand star is playing to arenas that are only a third full. But dropping out of pop’s upper echelons may give her the long future she deservesAfter the Grammy awards snubbed Lorde in January – she was the only best-album nominee not invited to perform at the ceremony – the 21-year-old New Zealander issued a challenge to anyone who doubted her live skills. “IF YOU’RE DEBATING WHETHER OR NOT I CAN MURDER A STAGE … COME SEE IT FOR URSELF,” she tweeted.Undersold gigs on her current US arena tour suggest that far fewer people than expected have taken her at her word. At the opening night in Milwaukee on 1 March, about 6,000 showed up to an 18,000-capacity arena, according to a box-office employee, and fans have estimated similar showings elsewhere on the tour. As it had done at the Milwaukee date, promoter AEG closed off the upper tiers at shows in Sacramento, Oakland, Kansas, Seattle and Denver, and gave free upgrades to fill the floor. Ticketmaster issued a discount code to encourage fans to splash out, reducing premium seats from $99 (£71) to $39 (£28). Continue reading...

19 марта, 11:20

Iron Mountain (IRM) Down 3.6% Since Earnings Report: Can It Rebound?

Iron Mountain (IRM) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Выбор редакции
19 марта, 08:40

New Zealand gay rights activists demand compensation over convictions

The government is working towards expunging the criminal records of men convicted of homosexual crimes, but has ruled out financial compensationGay rights advocates are gearing up to fight the New Zealand government for compensation for men convicted of homosexual crimes. Last year justice minister Amy Adams apologised to hundreds of gay men who were convicted of a crime for engaging in consensual sex prior to the homosexual law reform of 1986. Continue reading...

Выбор редакции
19 марта, 03:15

Blood, sweat and protests: on the rodeo trail in New Zealand

Animal activists are calling for rodeos to be banned in New Zealand, but cowboys say bull-riding is their calling. Trigger Happy and Honey Badger are being loaded into the chute as Chad Ormsby slides his feet into a battered pair of leather cowboy boots. Currently leading the table, the rodeo star is eight seconds away from being crowned national bull-riding champion of New Zealand; but first there’s the ride.“The first time I got on – I can still remember it now – it is just like a drug addict taking a hit,” said Ormsby, 28, a horse trainer and former jockey from Lake Karapiro. “Somehow it gets inside your blood and you just want to do it every day if you can. I describe it as being the best drug in the world – and it’s legal.” Continue reading...

18 марта, 20:59

Return of Ben Stokes tops agenda as England prepare for New Zealand

• Questions remain over Stokes due to back injury• Just having him there is a good lift, says Moeen AliTheir Test record overseas is abysmal – with no wins in 11 matches, for those counting – and they have broadly kept the same players who failed in Australia. Ben Stokes will return, but his impact may be diminished by his bad back, which would lead to major changes in the shape of the side. They are on the verge of breaking up the new-ball hegemony of their two most prolific bowlers. Oh, and they are facing opposition ranked above them, too. No 4 is playing No 5 in No 4’s backyard. This is no breezy jolly after a tough Ashes series. Related: England hope Stuart Broad demotion will bring benefit of more balanced attack Continue reading...

18 марта, 20:00

From Prince Charles to Kate Middleton: The Most Hilarious Things the Royal Family Has Ever Said

  • 0

The royal family stays reserved any time they’re in public. However, that doesn't mean they can't joke around from time to time.

Выбор редакции
18 марта, 18:04

Salford in talks about playing Super League match in New Jersey

• Club hopeful of overcoming opposition from RFL and other teams• Catalan Dragons have said they are willing to take part in projectSalford are in discussions with the consortium behind the bid to introduce a New Jersey-based side into the Rugby Football League about playing a home game in the US this year.“We’ve been in talks about this since November and we’re still talking because we really want this to happen,” Ian Blease, the Salford chief executive, said of now failed plans to move their Good Friday fixture with Catalans Dragons to a June date at the Red Bull Arena in New Jersey. “The international window was the plan, and it was a big tick in the box when it came to exposing rugby league in a huge new area like New York. We’d negotiated that our season ticket holders would have been covered for the game, too. Continue reading...

18 марта, 02:00

England hope Stuart Broad demotion will bring benefit of more balanced attack

  • 0

The Anderson-Broad axis may be broken against New Zealand but Joe Root may get more consistency with one of them coming on first changeIt was a decade ago in Wellington that Jimmy Anderson and Stuart Broad first appeared together in a Test match. After a surprising defeat at Hamilton in the opening Test on that 2008 tour the captain, Michael Vaughan, and coach, Peter Moores, decided to drop Matthew Hoggard and Steve Harmison. The next generation, personified by Anderson and Broad, was given its head and took its chance well enough. England won the next two Tests – though it was actually Ryan Sidebottom who took most of the wickets. Related: England call up Jack Leach to replace Mason Crane for New Zealand series Continue reading...

17 марта, 22:59

Conor Murray gives Ireland reason to dream of making it big in Japan | Gerard Meagher

The scrum-half’s dominating display against England should give Joe Schmidt belief for next year’s World CupWith the clock turned red, even the heavens were smiling on Ireland, a flurry of snow serving as the ticker tape to their coronation. Victory was theirs, and fully warranted, after emphatic confirmation that it is Joe Schmidt’s side who are best equipped to challenge New Zealand at next year’s World Cup. Related: Ireland seal grand slam with storming win over England in Six Nations finale Continue reading...

31 января 2015, 08:17

Новая Зеландия: Блинные скалы

 Punakaiki is a small community on the West Coast of the South Island of New Zealand, between Westport and Greymouth. The community lies on the edge of the Paparoa National Park. The Pancake Rocks are a very popular tourist destination at Dolomite Point south of the main village. The Pancake Rocks are a heavily eroded limestone area where the sea bursts through several vertical blowholes during high tides. Together with the 'pancake'-layering of the limestone (created by immense pressure on alternating hard and soft layers of marine creatures and plant sediments), these form the main attraction of the area. http://en.wikipedia.org/wiki/Punakaiki Paparoa National Park is on the west coast of the South Island of New Zealand. It was established in 1987 and encompasses 306 km².[1] The park ranges from on or near the coastline to the peak of the Paparoa Ranges. A separate section of the park lies to the north and is centered at Ananui Creek. The park protects a limestone karst area. http://en.wikipedia.org/wiki/Paparoa_National_Park zyalt: Блинные скалы, Новая Зеландия Одно из самых удивительных мест в Новой Зеландии - Блинные скалы (Pancake Rocks). Находятся на западном побережье в нацпарке Папароа. Название свое они получили из-за необычной формы. Скалы напоминают стопки сложенных блинчиков. Образовались они 30 миллионов лет назад в результате эрозии известняковых пород. Их слоистость объясняется тем, что породы, из которых сложены “блинные стопки”, имеют различную плотность. Со временем вода и ветер вытесали на поднявшихся из морских глубин скалах затейливую резьбу. Вид на скалы с моей летающей камеры ). Собственно, блинная часть справа находится.