Luxon can do The Country but not q+a
11.03.2026 01:45
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Luxon can do The Country but not q+a
(Reuters) - The U.S. Navy has refused near-daily requests from the shipping industry for military escorts through the Strait of Hormuz since the start of the war on Iran, saying the risk of attacks is too high for now, according to sources familiar ..
www.marketscreener.com/news/us-navy...
5/ And on the Strait of Hormuz, they had NO PLAN. I can't go into more detail about how Iran gums up the Strait, but suffice it say, right now, they don't know how to get it safely back open.
Which is unforgiveable, because this part of the disaster was 100% foreseeable.
Cook
If you are after a very detailed understanding of the Labour Party reshuffle, this graphic has hover-overs that explain each portfolio move too - only on The Post.
www.thepost.co.nz/politics/360...
Oof
Newsday.com/matt
Quick graph, GDP growth and crude oil price
speed reading the methodology in appendix D of www.mbie.govt.nz/dmsdocument/..., at first glance I think it may not be capturing that may of the inputs are interconnected (the Middle East), so (while other things were going on at the time too) the 70s/80s suggests it may be worse.
Bizarre seeing the ghouls lambasting the apparently outrageous spending during the early 2020s. Turns out that it is not that easy to balance the books when you crash the economy. Austerity always backfires.
π¨ Hyun Song Shin has a new paper out formally making the case that the economics of blockchain mean stablecoin will forever fracture.
Here's the @alphaville.ft.com version:
www.ft.com/content/4724...
US energy dominance being restored, says Trump. Yeahβ¦.Naaahβ¦
Yep. I was surprised too.
Iran has begun laying mines in the Strait of Hormuz, the worldβs most important energy chokepoint that carries about one-fifth of all crude oil, according to two people familiar with US intelligence reporting on the issue. https://cnn.it/4ljpiay
In todayβs NZ Herald
Cartoon. Title: βEnergy Drinkβ Picture shows Methanex president and CEO Rich Sumner sucking the dregs out of a can labelled βNZβ and saying, βJust a minute - nearly doneβ On the can, in small print it says, βConsumes 45% of NZβs Natural Gas. Pays $70m to Canadian Owner. Receives high ETS subsidies. Too broke to pay taxesβ
Fuel shortages and rising prices. A proposal to import expensive and dirty LNG and impose a gas levy. And then thereβs Methanex, sucking up 45% of our natural gas.
My #cartoon today #NZpol #Fuel #FossilFuel
We're so smart....
#OilAddict
Cartoon
Dawn Chorus out: South Korea, which provides 48% of NZ's fuel imports, may ban all refined fuel exports; Castalia report sees 1% GDP hit from 50% cut in fuel imports; Auckland intensification fight intensifies #nzpol open.substack.com/pub/thekaka/...
Iran's Revolutionary Guards said they would not allow βone litre of oilβ to be shipped from the Middle East if US and Israeli attacks continue, prompting a warning from President Trump that the US would hit Iran much harder if it blocked exports from the vital energy-producing region reut.rs/4bwHKJw
BREAKING: High Court has ruled that Mariameno Kapa-Kingi was unlawfully expelled from Te PΔti MΔori. The Judge has ordered that the party write to the speaker to advise that she is once again an MP for the party.
The Covid-19 Royal Commission's second report has been published, I've read (almost) all of it and here are the key takeaways:
newsroom.co.nz/2026/03/10/l...
Great chart. Yours?
New details of apparent NZ involvement in surveillance of foreign trainers has been unveiled as part of US court proceedings - Newsroom Pro - $ -
Washington State looks set to tax millionaires, as the governor says heβll sign legislation creating a new state income tax of 9.9% on people earning of over $1 million a year.
Washington currently doesnβt have a personal income tax.
www.seattletimes.com/seattle-news...
This is the largest oil supply shock in history in mb/d
The enemy gets a vote. Iran is now delivering pain to Trump via multiple paths
(1) Gulf Kings
(2) Financial meltdown
(3) AI tech oligarchs
(4) Fuel, fertilizer, food disruptions
Read our Polycrisis Dispatch:
buttondown.com/polycrisisdi...
Carefully designed paper finds that St Paul's rent control ordinance 1) led to significant declines in home values for Saint Paul home owners, 2) gave greater benefits to higher cf. lower income renters, 3) harmed small landlords as much as large ones
www.sciencedirect.com/science/arti...
Here comes the TACO
Cartoon depicts National Party Prime Minister of New Zealand's 3 party coalition dressed as a clown wearing long shoes as he is tripping over the skull of smokers ( refers to plans to cancel the smokefree target and repeal legislation). Luxon's head has struck a bee's nest labelled 'Tiriti O Waitangi' from which angry bees fly to sting him on the ass. His top hat falls off labelled '7 Houses'. He is about to fall face first into budget custard while crying profuse clown tears "Why can't I get a break?" he whimpers plaintively.
Introducing Cluxo The Clown #nzpol cartoon (Dec 2023)
Mojtaba Khamenei ascends to the role of supreme leader.