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NZ Budget 2025 revealed, Smith & Caughey closes and Trump–Ramaphosa clash | NZ Herald News Update

Finance Minister unveils NZ Budget 2025, the end of an era as Smith & Caughey closes and Trump, Ramaphosa in heated Oval Office exchange.

Trump plays video alleging 'genocide' in South Africa

Donald Trump ambushes South Africa's president during a White House meeting by playing a video alleging 'genocide' of white people in South Africa. Video / The White House

Phil Goff: Weaponisation of starvation is a war crime

Opinion: Israel partially lifted the aid ban after international condemnation.

Trump’s new position on the war in Ukraine: Not my problem

New York Times: Trump seems to have backed off joining a push for new sanctions.

Opinion: US-China tariff truce sparks major market rebound

US and China agreed to a 90-day tariff truce, reducing tensions significantly.

Trump says he will speak to Putin to end Ukraine 'bloodbath'

The recent Ukraine-Russia talks agreed on a 1000-for-1000 prisoner swap.

PM’s office keeping info on speech that irritated Peters secret

The office wants to protect 'free and frank' opinions.

US loses final triple-A credit rating as Moody's downgrades

The downgrade coincided with President Donald Trump’s spending bill failing in Congress.

How Trump tariffs are clouding NZ's economic outlook

ANALYSIS: How New Zealand companies are faring.

Colin McKinnon: NZ private capital resilient despite global challenges

OPINION: Private equity and venture capital maintained their momentum in 2024.

Trump administration in talks with Qatar over plane gift

Qatar's $400m plane gift to Trump sparks constitutional concerns.

Editorial: Pope Leo has unique opportunity to help heal American divide

OPINION: The Chicago-born Pope has opposed radical Christianity and Trump policy.

Allbirds predicts turnaround - finally - if lucky break on tariffs holds true

PLUS: Waterproof Allbirds - and some "professional" sneakers for the office.

US, Chinese officials to hold trade talks in Switzerland

Tit-for-tat tariffs have left the two nations with cripplingly high levies.

Inside Economics: How much Government debt is too much?

OPINION: Liam Dann takes a deeper dive into the week's economic news.

Key says Trump using tariffs largely for leverage – but has fears for NZ film industry

The former Prime Minister also sees confidence returning to the New Zealand economy.