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Greece in turmoil

On Sunday (05/07/2015) the people of Greece voted ‘No’ to a referendum seeking their support for a debt agreement proposed by their ‘troika’ of creditors that includes the European Union’s (EU’s) executive arm (the European Commission), the European Central Bank (ECB) and the International Monetary Fund (IMF).

Chinese stock market losses dwarf Greek tragedy

The Chinese government has over the last week gone all out in order to halt the falling prices in the Shanghai Composite Stock Exchange (SSE).   On the 9th July 2015, prices on the SSE have finally stopped falling, after they had dropped by 30 percent (or NZ$4.8 trillion) since June 12th 2015, for comparison Greece currently owes NZ$524 billion, while its GDP is NZ$351 billion.

Has migration reached its peak?

migration 28 7 15 1 On 21st July 2015, Statistics New Zealand (SNZ) released data on the international migration for the year to June 2015.  New Zealand net migration reached a new peak of 58,259 for the year to June 2015.  Although, this new peak is just 437 people higher (or an increase of 0.8 percent) than the previous peak of 57,822, reached in the year to May 2015.