In any case it is a problem the world could do without at the moment.
Stock markets in the US and here in New Zealand have taken a hit among fears of inflation leading to higher interest rates. Long-suffering savers may be excused a wry smile but the effect on many homeowners who will become overstretched financially are real and the outcome could be a disaster.
In a glorious example of the law of unintended consequences, Suzuki and Isuzu say they may have to leave New Zealand if the Government’s clean car standards proceed in their present form.
Suzuki said to comply with the requirements of the bill would mean the parent company having to build new EV vehicles solely for the New Zealand market by 2025, which was literally impossible. Isuzu said the utes emissions profile was likely to lead to their utes also exiting.
Also interesting was the decision to deny bail to Destiny Church’s Brian Tamaki, who faces charges relating to protests against Covid regulations. Tamaki is not everybody’s favourite person but some feel jailing him is Draconian and will add fire to ant-vax/anti-mask protests.
In the United States, President Joe Biden finished his first year in office with slumping approval rates while Donald Trump rallied his supporters for a 2024 presidential challenge.
Never mind. Let’s end on a high note. We have two long weekends ahead of us right in the heart of summer.