Raw: Latest effort to retrieve Rena fails

The latest effort to remove Rena's accommodation block has failed. Salvors attempted to move the block from its new position behind Motiti Island last night. However, the heavy rigging chains that were wrapped through the block tore away at the structure when salvors tried lifting it.

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Markets with Madison: Money printing
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Markets with Madison: Money printing

The Governor of the Reserve Bank of New Zealand explains how the expansion of money supply and higher consumer prices have eroded people’s purchasing power. Video / Carson Bluck / Mark Mitchell