Source: Greenpeace
LiveNews: https://livenews.co.nz/2026/03/19/greenpeace-says-luxons-office-converted-into-trumps-war-minerals-hq/
LiveNews: https://livenews.co.nz/2026/03/19/greenpeace-says-luxons-office-converted-into-trumps-war-minerals-hq/
Source: Media Outreach
MOSCOW, RUSSIA – Media OutReach Newswire – 18 March 2026 – Wildberries, a leading digital platform in Eurasia, reports a significant increase in demand among marketplace customers in Russia and neighboring countries for products originating from Africa.
Sales of coffee from Ethiopia increased 2.3 times in 2025 and continues to grow at a similar pace in 2026. Another fast-growing Ethiopian product is amulets—bracelets, keychains, and brooches made from natural opal. Sales in this category increased eightyfold in 2025.
In 2025, sales of black seed oil from Egypt grew 2.7 times. This plant-based oil is valued for its anti-inflammatory and antibacterial properties and is also used in cooking. Apparel sales from Egypt rose 2.4 times in 2025 and surged elevenfold in January–February 2026.
Sales of tea from South Africa doubled year-on-year in 2025 and tripled in January–February 2026 compared to the same period last year. Sales of cosmetic creams from South Africa increased sixfold in 2025 and continued to grow in early 2026.
Sales of seeds from Morocco rose 2.4 times, driven by demand for rosemary, an aromatic plant used in cosmetics production and as a culinary spice. Moroccan boots are also popular on Wildberries, reflecting the country’s longstanding traditions in leather footwear craftsmanship.
Sales of fish products from Tunisia, such as anchovies, increased 2.7 times in January–February 2026, while olive oil sales from the country grew 6.6 times in the same period. Tunisia ranks among the leading exporters of these product categories.
Sales of Zambian jewelry and Senegalese kanekalon – an artificial fiber used for braiding hair in the African style – both doubled in 2025. From Tanzania, coffee is in demand, along with postage stamps, which recorded a sixfold sales growth in 2025. The stamps, depicting the country’s unique natural heritage – including Mount Kilimanjaro, savannas, wildlife, and the everyday life of local Maasai tribes – enjoy well-deserved popularity among stamp collectors.
Hashtag: #Wildberries
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
LiveNews: https://livenews.co.nz/2026/03/18/wildberries-sees-surging-consumer-demand-for-african-products/
LiveNews: https://livenews.co.nz/2026/03/18/greenpeace-thousands-call-on-christopher-luxon-to-condemn-the-illegal-attacks-on-iran-by-trump-and-israel/
New Zealand’s Foreign Minister Winston Peters and Defence Minister Judith Collins will land in Canberra for the third iteration of the Australia and New Zealand Foreign and Defence Ministers’ Meeting (ANZMIN) this week.
“Winston Peters and Judith Collins along with Australia’s Foreign Minister Penny Wong and Defence Minister Richard Marles must take the opportunity to condemn the US and Israeli for the illegal war on Iran that was launched two weeks ago,” said Valerie Morse of Peace Action Wellington.
“These Ministers must issue clear statements that neither will provide any assistance to the US and Israeli war. There should be sanctions imposed, while military deployments and training alongside the US should be cancelled. Anything less than that is a capitulation to two genocidal criminals.”
“So far, both the NZ government and Australian government appear to be singing from the same song sheet of talking points, claiming that it is up to the US and Israel to make their case. That is completely cowardice and complicity. These Ministers need to start being honest about what this war is about: an aggressive war for power and regional supremacy
waged by two nuclear weapons states against a non-nuclear power during ongoing negotiations. The mask has well and truly been ripped off US and Israeli claims of any moral legitimacy whatsoever. These are rogue states and should be treated like the pariah that they are.”
“People across the globe are already utterly revolted by Israel’s relentless assault on the people of Gaza in its two plus year long genocide. Now, Israel’s leader Binyamin Netanyahu has convinced US President Trump to wage war on Iran – that has resulted in countries across the region being bombed and mass death. It has set us on a path to world war three as there is no end in sight.”
Peace Action Wellington will host a peace vigil on Thursday, 19 March at 5:30pm at the Cenotaph in Wellington.
LiveNews: https://livenews.co.nz/2026/03/18/activist-sector-foreign-and-defence-ministers-meeting-must-condemn-illegal-war/
The US–Israel–Iran war is severely disrupting global energy and logistics markets, heightening recession and inflation risks. With the Strait of Hormuz heavily constrained and commercial shipping facing elevated threats, markets are extremely sensitive to supply losses, delays, and shifting geopolitical risk premiums.
The conflict’s operational scope is expanding beyond military targets, increasingly disrupting commercial infrastructure and trade. Ongoing threats to tankers and ports, plus periodic Gulf airspace restrictions, are altering shipping and aviation routes. These disruptions are constraining energy and container flows, lengthening delivery times, and increasing input costs across supply chains.
Ramnivas Mundada, Director of Economic Research and Companies at GlobalData, comments: “The first-order macro shock remains supply-led: energy availability, shipping capacity, and risk premia. Even if oil prices stabilize, the persistence of higher freight costs, longer shipping routes, and insurance costs can keep delivered prices elevated for fuel and intermediate goods. That combination increases the likelihood that inflation proves stickier than expected, complicating monetary policy while weakening real incomes and consumption.”
Conflict-driven cost shocks hit advanced and emerging economies
War-risk insurance premiums for vessels and cargo—as well as aviation insurance and reinsurance—remain elevated, raising the delivered cost of energy and container trade. Higher premiums can render some voyages uneconomic, reduce effective shipping capacity, and accelerate rerouting, further tightening logistics. GlobalData also highlights that financial-market volatility can tighten credit availability, particularly for emerging markets with large external financing needs and high fuel import dependence.
In advanced economies, the key risk is that an energy-and-shipping-driven inflation impulse delays disinflation and complicates the pace of monetary easing. In emerging markets, especially energy importers, the combination of higher import bills and weaker currencies can generate a second-round inflation shock through imported goods and food distribution, while increasing fiscal strain where subsidies absorb part of the shock.
Highly impacted countries: growth and inflation overlays (next 12 months)
Exposure differs sharply by energy balance, supply-chain integration, and sensitivity to shipping and tourism. Hydrocarbon exporters in the Gulf can see partial offsets through higher hydrocarbon receipts, but remain vulnerable to security costs, disruption to trade and aviation, and softer regional tourism. Energy importers in the Middle East and Asia face more direct deterioration in trade balances and higher pass-through inflation.
Where the risk is acute
Iran and Israel remain at the epicenter of downside growth risk. Iran faces the most severe contraction risk under sustained disruption and infrastructure stress, with heightened exposure across energy logistics, insurance and financing channels. Israel continues to face a confidence-led slowdown via weaker investment and tourism, alongside higher defense-related spending that can crowd out private activity.
Energy importers face the sharpest inflation pass-through. Egypt stands out for imported inflation and FX pressures, with fiscal strain likely to rise where subsidies buffer fuel and food costs. In Asia, India, Japan, and South Korea are exposed via higher energy bills and persistent pass-through into transport-heavy components of inflation, raising the risk that headline relief proves temporary.
The Gulf’s offsets are real, but non-oil fragilities are rising. Saudi Arabia, the UAE, Qatar, Kuwait, Oman and Bahrain can see partial macro offsets from hydrocarbon receipts. However, hub economies, especially the UAE, are more exposed to aviation restrictions, shipping/insurance costs and sentiment-driven effects on tourism, trade and services.
Europe’s risk is margin compression and delayed easing. Higher import costs and shipping-linked delivered inflation squeeze industrial profitability, particularly in energy-intensive sectors, increasing the probability that monetary easing is delayed if inflation re-accelerates.
Stagflation risk rises if disruption persists
GlobalData’s base case remains that the longer the disruption persists, the more likely the shock will propagate from headline inflation into broader pricing and activity. If elevated shipping and energy constraints continue beyond a few months, the probability of a global growth downshift increases—particularly for economies already operating with tight real incomes and fragile demand. Under that scenario, the balance of risks shifts toward stagflation-like outcomes: weaker growth alongside inflation that falls more slowly than expected.
Mundada concludes: “While energy and logistics constraints persist, the balance of risks remain titled to the downside. Under sustained disruption and infrastructure stress, Iran’s near-term output risk remains extreme. In Israel, the growth outlook continues to face downside pressure as investment and tourism absorb the confidence shock. For major energy importers, including India, Japan, and South Korea, the risk is a prolonged deterioration in trade balances alongside stickier inflation, especially beyond a few months.”
About GlobalData
GlobalData Plc (LSE:DATA) operates an intelligence platform that empowers leaders to act decisively in a world of complexity and change. By uniting proprietary data, human expertise, and purpose-built AI into a single, connected platform, we help organizations see what is coming, move faster, and lead with confidence. Our solutions are used by over 5,000 organizations across the world’s largest industries, providing tailored intelligence that supports strategic planning, innovation, risk management, and sustainable growth.
LiveNews: https://livenews.co.nz/2026/03/18/globaldata-reveals-most-exposed-countries-and-key-damage-channels-as-recession-risk-rises-from-hormuz-disruption/
LiveNews: https://livenews.co.nz/2026/03/18/world-vision-afghan-children-face-hunger-crisis-as-middle-east-conflict-cuts-food-supply-and-income/
Source: Media Outreach
HONG KONG SAR – Media OutReach Newswire – 17 March 2026 – The much-anticipated Quality Building Award 2026 (QBA 2026) today officially announces its finalist list! A total of 35 outstanding project teams have successfully advanced to the final presentation stage. They will present their remarkable achievements to the judging panel this Saturday (20 March and 21 March), competing for the highest honor of the “Oscar of the Construction Industry.”
Held biennially, the Quality Building Award is jointly organized by ten leading professional institutes and organizations representing Hong Kong’s architecture and construction sectors. It aims to recognize exceptional projects that demonstrate outstanding teamwork in the design and construction of quality buildings. This year’s theme, “Smartly We Build | Sustainably We Thrive | Inclusively We Lead,” encourages the industry to adopt smart, sustainable, and inclusive solutions, steering the sector towards innovation and green development.
Comprehensive Coverage Across Eight Categories Showcasing Hong Kong’s Diverse Excellence
This year’s Award features eight major categories, comprehensively covering different types of building projects. These span residential and non-residential, government and non-government, renovation and revitalization, and temporary building categories. The response from local Hong Kong projects has been enthusiastic, with the finalists fully demonstrating the industry’s diverse creativity and professional expertise, reflecting the vibrant and flourishing state of local architecture.
Breaking Geographical Boundaries with Strong International Participation
Another highlight of this edition is the inclusion of the “Building in GBA (Not include Hong Kong)” and “Building Outside GBA (include International)” categories. These are open to all eligible projects from within and outside the region, with teams not required to provide proof of a Hong Kong registered company to participate. This initiative has successfully attracted numerous high-quality non-local projects, including outstanding entries from as far as Egypt. This underscores the international vision and regional influence of the Quality Building Award, further cementing Hong Kong’s status as a regional architectural hub.
Ms CHANG Yuk Kam, Patricia, Chairlady, QBA 2026 Organizing Committeestated: “We are thrilled by the enthusiastic response to this year’s Award. The finalist projects are of exceptional quality and span a diverse range of categories. The 35 finalist teams will showcase their innovative practices in smart construction, sustainable development, and social inclusion during their final presentations, fully embodying the spirit of this year’s theme. On behalf of the Organizing Committee, I thank all participating teams for their dedication and wish the finalists every success in their upcoming presentations.”
Ir ZA Wai Gin,Tony, Chairman, QBA 2026 Jury sub-committee remarked: “Throughout the selection process, the judging panel has placed particular emphasis on how projects integrate smart technology, environmental concepts, and human-centric design. The active participation of projects from the Greater Bay Area and the international community this year has brought a broader perspective to the Award. We look forward to gaining deeper insights into the design philosophies and practical achievements of the finalist teams during the presentations, and to jointly witnessing new milestones in the architectural world.”
Award Ceremony to be Held in June to Celebrate Excellence
The final results of the Quality Building Award 2026 will be unveiled at the Awards Ceremony to be held on 26 June this year. The event will bring together industry leaders to collectively witness the glorious moment celebrating outstanding architectural projects.
For more details about the Quality Building Award, please visit:
Official Website: www.qba.com.hk
Facebook: QBAHK
LinkedIn: QBAHK
Weibo: 優質建築大獎
WeChat Official Account: 優質建築大獎
| Finalists of QBA 2026
(The list is in alphabetical order) |
|
| Hong Kong Residential (Single Building) | |
| 1 | Belgravia Place I |
| 2 | ECHO House |
| 3 | Hong Kong-Shenzhen Innovation and Technology Park – Batch 1A Development : Building 11 |
| 4 | JARDINI |
| 5 | One Central Place |
| 6 | Parkwood |
| Hong Kong Residential (Multiple Buildings) | |
| 1 | Baker Circle |
| 2 | Casa Sierra |
| 3 | NOVO LAND |
| 4 | THE PAVILIA FOREST |
| 5 | Victoria Voyage |
| Hong Kong Non-Residential (New Building – Government, Institution of Community) | |
| 1 | Hospital Authority Supporting Services Centre |
| 2 | Kai Tak District Cooling Plant No. 3 (KTDCS-P3) |
| 3 | Kai Tak Sports Park |
| 4 | Kowloon Tsai Swimming Pool Complex |
| 5 | Kwai Chung Hospital |
| 6 | The Pentecostal Holiness Church Wing Kwong Junior School |
| Hong Kong Non-Residential (New Building – Non-Government, Institution of Community) | |
| 1 | 98 How Ming Street |
| 2 | Hong Kong-Shenzhen Innovation and Technology Park – Batch 1A Development : Building 8 & Building 9 |
| 3 | One Causeway Bay |
| Hong Kong Building (Renovation / Revitalization) | |
| 1 | Conversion of the Old Wan Chai Police Station into the Headquarters of the International Organization for Mediation |
| 2 | Expansion of the Legislative Council Complex |
| 3 | Lo Pan Spirit Inheritance: Conservation of Lo Pan Temple |
| 4 | Tai Po Civic Centre |
| Temporary Building | |
| 1 | Dedicated Rehousing Estate at Kwu Tung North Area 24 MIC Site Office |
| 2 | Light Public Housing at Olympic Avenue, Kai Tak (Phase 1) |
| 3 | Light Public Housing – Choi Hing Road, Ngau Tau Kok |
| 4 | Light Public Housing – Yau Pok Road, Yuen Long |
| 5 | WISE COMPLEX |
| Building Outside GBA (include International) | |
| 1 | Arbour |
| 2 | Iconic Tower of New CBD of New Administrative Capital of Egypt |
| Building in GBA (Not include Hong Kong) | |
| 1 | China State Construction Science and Technology Innovation Building |
| 2 | China Overseas Headquarter |
| 3 | Guangzhou Respiratory Center |
| 4 | Marisfrolg Industrial Park |
Hashtag: #QualityBuildingAward2026
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
LiveNews: https://livenews.co.nz/2026/03/17/quality-building-award-2026-finalists-announced/
Source: New Zealand Government
17 March 2026
Our Alliance
Partnering in the Pacific
These partnerships reflect a firm commitment to ensuring that the Pacific is in the driving seat to shape its future and that we are supporting each other in shared interests and challenges.
Collaborating to address global challenges
LiveNews: https://livenews.co.nz/2026/03/17/joint-statement-australia-new-zealand-foreign-and-defence-ministerial-consultations-22/
LiveNews: https://livenews.co.nz/2026/03/16/psa-help-us-now-23000-home-support-workers-hit-by-petrol-price-hikes-urge-govt-to-act/
LiveNews: https://livenews.co.nz/2026/03/16/conflict-children-cling-to-pets-favourite-toys-as-they-flee-homes-in-lebanon-save-the-children/
Source: Media Outreach
While the number of APAC leaders expecting revenue growth had dropped to 67% (down from 80% in 2025) ahead of this year, underlying business confidence had notably strengthened to 41% (up from 30% in 2025). This contrast, lower growth expectations yet stronger confidence, highlights a resilience paradox: leaders are separating financial outlook from global turmoil, actively reinventing their operations to endure anticipated shocks rather than waiting for conditions to improve.
Key findings for APAC:
The APAC resilience paradox: Building structural resilience despite lower revenue expectations
The anticipated dip in revenue expectations was primarily driven by converging pressures that have only intensified: economic uncertainty, political instability and intensifying competition. Yet, this foresight did not dampen investment. In a clear sign that businesses are fortifying their foundations, investment in human capital remains strong across the region, with 63% of APAC respondents plan to increase spending on acquiring new talent and 68% intend to upskill their workforce.
Rick Chan, Managing Partner Singapore, Head of Audit & Assurance APAC and Member of Group Governing Board, Forvis Mazars, observed, “Asia Pacific has always had to move fast. The region’s businesses are built on agility – on reading the market, adjusting quickly and staying close to customers. That DNA is proving invaluable right now. The data shows leaders are transitioning from short-term firefighting to building lasting resilience. By investing in localised supply chains and AI, they are taking highly practical steps to insulate their operations against escalating geopolitical risks and secure long-term growth.”
The strategic pivot: strengthening intra-regional trade
The barometer reveals a fundamental change in how APAC firms plan to grow. Rather than facing global trade barriers head-on, executives are pivoting to markets closer to home. The top three expansion destinationsareChina (36%), Australia (29%) and Hong Kong (29%).
The growth engine: AI as a workforce catalyst
While 47% of executives rank AI as their top technology priority, their approach is disciplined. APAC leaders are prioritising high-impact applications such as forecasting (65%), knowledge acquisition, banking and retrieval (61%), client services, recommendations, relationships (61%), and operational efficiency, including automation (60%). Interestingly, they are achieving these gains with leaner investment; 41% (versus 35% globally) allocate less than 10% of their budget to AI, suggesting a focus on cost-effective, high-return AI adoption.
The blind spot: the sustainability gap – compliance versus operational resilience
While the report highlights strategic maturity in technology and trade, it reveals a critical disconnect in sustainability. Although 91% of APAC executives express confidence in meeting sustainability reporting compliance, only 73% feel prepared to manage the actual physical and operational impacts of climate change. This disparity indicates that while they are confident in meeting regulatory expectations, the priority now is to bridge the gap between compliance and reality, specifically by strengthening supply chains and building physical resilience against tangible climate risks.
Chester Liew, Partner, Head of Risk Consulting & Sustainability, Forvis Mazars in Singapore, said, “High confidence in reporting compliance is an encouraging baseline, but paperwork does not protect operations. The foresight APAC leaders are demonstrating in navigating geopolitical risks must now be urgently applied to climate risks. With regulatory timelines providing some breathing room, the prudent next step is to pivot resources from disclosure to physical defence – ensuring that supply chains and physical assets can actually withstand extreme weather and emerging environmental shocks.”
Forvis Mazars’ 2026 C-suite barometer survey captures insights from 3,012 senior executives worldwide prior to the US-Israeli war with Iran in February 2026. This independent research was conducted in October and November 2025 and captures the views of C-suite leaders at for-profit organisations with annual revenues of over US$1 million across 40 countries, including 260 respondents from seven markets in the Asia-Pacific region: Australia, China, Hong Kong, India, Japan, Singapore and South Korea. Findings reflect executive sentiments at the time of fieldwork.
http://www.forvismazars.com/sg
https://www.linkedin.com/company/forvis-mazars-singapore
https://www.facebook.com/ForvisMazarsSingapore/
https://www.instagram.com/forvismazarssingapore/?hl=en
Hashtag: #ForvisMazars #ForvisMazarsSingapore #APACBusiness #BusinessOutlook2026 #ExecutiveInsights #LeadershipTrends #AIAdoption #DigitalTransformation #Sustainability #ClimateResilience
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
LiveNews: https://livenews.co.nz/2026/03/16/foresight-in-volatility-apac-executives-early-pivot-to-regional-trade-provides-critical-buffer-against-global-shocks/
Source: Radio New Zealand
Finance Minister Nicola Willis. Nick Monro
Drivers are being urged not to panic-buy fuel as motorists worry about rising prices.
Meanwhile, Finance Minister Nicola Willis stands by her government’s decision to stop the electric car rebate scheme, as she looks at how the government could respond to rising prices.
Petrol stations across the country are seeing a surge of drivers filling up as petrol prices rise.
Petrol price monitoring app Gaspy says the average price of 91 petrol is now above $3 and has risen 20 percent since the start of the month.
Spokesperson Mike Newton said the average national price at the start of March was about $2.50 per litre.
He said it had been rising quickly.
Petrol has tipped over the $3 a litre mark in some areas. RNZ / Dan Cook
The rise in prices was largely due to the conflict in the Middle East.
US President Donald Trump is calling for countries to send ships to secure the Strait of Hormuz, which is effectively closed as Iran launches attacks to halt maritime traffic.
The area is critical because around 20 percent of the world’s oil consumption or 20 million barrels a day, usually passes through it.
It’s resulted in several petrol stations running dry over the weekend.
Newton said most of the petrol stations running low on gas seemed to be Gull.
“It’s not a supply problem, they have plenty of fuel in the tanks. It’s just they have to get it into the tankers and get it to the stations. Hopefully we’ll start to see that be alleviated in the next couple of days.”
He said the average price was now just 6c away from the level it reached when the Government cut the fuel excise tax, after the Russian invasion of Ukraine.
“We’re starting to get into that territory and this government has said they’re less interested in doing that… so it’ll be interesting to see when the pressure starts to build.”
Finance Minister Nicola Willis told Morning Report the government was carefully monitoring fuel stock levels.
New Zealand has around 32 days’ worth of fuel in the country and 25 days in ships on the way to the country.
“There is no current issue with the availability of fuel,” Willis said. “Were that to be the case, we would get very good forewarning because we would be aware of fuel companies reporting to us that orders had been disrupted or cancelled. They have not made any reports of that sort to us at this stage.
If we got that warning, Willis said we would have several weeks to plan for it.
“This is why we have these minimum stock holdings in the country, so we don’t get ourselves into a panic situation.”
She said the government hasn’t needed to review its sanctions on Russian-origin oil.
“This is, obviously, an event that is unfolding; if there are changes in that position, we will review them when they occur.”
Demand at Waitomo petrol stations has increased by 15 percent. RNZ/Nikki Mandow
Waitomo CEO Simon Parham said demand at the company’s petrol station has increased by about 15 percent.
“We’ve had the odd run out from here and there, but it’s really been for a maximum of 30 minutes,” he told Morning Report.
“What we are seeing is that increase in demand, coupled with a very stressed driver system, anything from a delay at the terminal to a truck breaking down, it’s just caused that slight delay in he system, so you have a slight run out.
“There’s nothing to worry about.”
He expects to see the demand soften.
“We’re still in good shape… There’s no need to panic. Yes, we are suffering from high prices, which is tough on everyone, but there is no need to panic at the moment.”
He said if the cargo orders can’t be placed, that’s when New Zealand may need to look at managing stock.
“If we are staying around that 50-day mark, that’s a rolling 50 days, then we’re fine. If we start to see that drop back, then that’s when we have to manage stock,” Parham said.
Westpac chief economist Kelly Eckhold said next month will be very difficult if things don’t improve.
“The refiners in Asia are going to run out of feed stocks to be able to continue to produce at the levels we are used to,” he said.
“I think if we are sitting here in mid-April and things haven’t improved, I think we will be looking at the possibility that everybody is just going to have to rein things in a bit.”
Brent crude has been sitting around US$100 a barrel, but if it reaches US$150 a barrel, Eckhold said that’s when the real damaging impacts on businesses and consumers would be seen.
Willis has shut down suggestions of temporarily cutting the fuel excise tax, as the Labour government previously did in response to the Russia-Ukraine war, saying it was too broad.
She said she was closely looking at the cost of living impacts the rise in fuel prices has on lower-income working New Zealanders.
Finance Minister Nicola Willis said the government was carefully monitoring fuel stock levels. RNZ / Samuel Rillstone
“When the petrol prices go up this much, that has an effect on the cost of living, particularly for working New Zealanders who use their cars to get to work. We are very conscious of that and are considering whether a government response is warranted,” Willis said.
Willis stands by her government’s decision to remove the electric vehicle rebate.
She said the rebate was very untargetted.
“I simply don’t accept the idea that giving subsudies to millionaires in Remuera would help those afflicted by high petrol prices,” Willis said.
She said if the government were to give support, it would be targeted, temporary and timely.
Willis said she has not taken advice to Cabinet yet on these matters.
The owner of a bus company said more people could opt for public transport over private vehicles.
Kiwi Coaches owner Dayton Howie told Morning Report petrol price rises were cutting into margins.
He said the costs were currently being absorbed, but it was unclear how long that could last.
Howie said students could miss out on school trips if fuel prices keep going up.
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
LiveNews: https://livenews.co.nz/2026/03/16/no-need-to-panic-fuel-supplier-says-as-average-petrol-price-surges-past-3/
Source: GlobeNewswire (MIL-NZ-AU)
Dubai, UAE, March 13, 2026 (GLOBE NEWSWIRE) — Expat US Tax has released an analysis examining how recent geopolitical developments in the Middle East are affecting Americans living and traveling across the region. The review focuses on practical issues that U.S. expats may encounter, including travel disruptions, embassy advisories, and day-to-day logistical challenges as governments monitor security developments.
Impact of the U.S.–Israel War on Iran and Challenges for U.S. Expats
Over the past several weeks, tensions involving the United States, Israel, and Iran have led to heightened security alerts and precautionary measures across parts of the Middle East. Governments in several countries have issued travel advisories, increased security measures around infrastructure and transportation networks, and temporarily adjusted airspace access in response to regional developments.
These changes have had a direct impact on international travel. Airlines operating across the Middle East have modified flight routes or temporarily suspended certain services when airspace restrictions were introduced. In some cases, travelers have experienced delays or cancellations as airlines adjusted operations to maintain safe flight paths.
For Americans living in the region, these developments can affect routine activities such as business travel, family visits, or relocation plans. Large American expatriate communities reside in countries including the United Arab Emirates, Saudi Arabia, Qatar, Israel, and Kuwait, where many work in sectors such as energy, aviation, finance, education, and international business.
Clark Stott, Director at Expat US Tax, said that events affecting regional transportation or embassy operations can have practical implications for Americans living abroad.
“Americans living overseas often manage international travel, cross-border employment, and family commitments in multiple countries,” Stott said. “When regional developments affect transportation or consular services, expatriates may need to adjust travel plans or monitor official government guidance more closely.”
Government agencies have encouraged citizens abroad to stay informed through official advisories and embassy updates. U.S. citizens living overseas may receive updates through embassy communications, travel advisories, and emergency notification systems designed to provide timely information during rapidly evolving situations.
Travel and Embassy Operations
One of the most immediate effects of regional instability is the adjustment of aviation routes and airport operations. Airlines may reroute flights to avoid restricted airspace, while airports can temporarily limit operations if security concerns arise. These changes may result in longer travel times or limited flight availability between international hubs.
Embassy services may also adjust operations during periods of heightened security awareness. While most diplomatic missions continue to provide routine consular services, embassies may issue additional guidance for citizens or temporarily modify staffing levels depending on local conditions.
For Americans abroad, embassy communication channels often serve as an important source of information. Citizens can receive updates regarding local developments, travel advisories, or recommended safety precautions.
Considerations for U.S. Expats
For expatriates living in the Middle East, the most common impacts tend to involve logistical and planning considerations rather than direct security concerns. Travel arrangements, visa timelines, and relocation plans can be affected when airlines modify schedules or when governments introduce temporary travel guidance.
Many expatriates also maintain connections across multiple countries, making regional mobility an important part of daily life. Business travelers, contractors, educators, and international employees may rely on regional flights between Gulf cities, Europe, and Asia. Changes in aviation routes or airport operations can therefore influence professional schedules and personal travel.
In these situations, experts generally recommend monitoring official government advisories and maintaining flexibility in travel planning. Staying informed through embassy updates and airline notifications can help expatriates respond to changing travel conditions.
U.S. Tax Considerations for Americans Abroad
In addition to travel logistics, Americans living overseas continue to manage ongoing financial and tax obligations in the United States. Unlike most countries, the United States taxes its citizens based on citizenship rather than residency. As a result, U.S. citizens living abroad generally remain required to file annual U.S. tax returns if their income exceeds certain thresholds.
For expatriates who move between countries or adjust employment arrangements due to regional developments, maintaining accurate financial records can be especially important. Changes in residency, employment contracts, or income sources may affect how certain tax provisions apply.
Clark Stott noted that geopolitical developments sometimes highlight the complexity of financial planning for Americans abroad.
“Even during periods of regional uncertainty, U.S. tax filing requirements continue to apply,” Stott said. “For expatriates who relocate, change employment, or move between countries, maintaining organized financial records and understanding filing obligations can help avoid compliance issues later.”
U.S. expats may also rely on provisions such as the Foreign Earned Income Exclusion and foreign tax credits, which are designed to help reduce double taxation for Americans working overseas.
Looking Ahead
While governments and international organizations continue to monitor developments across the Middle East, many analysts note that travel conditions and security advisories can evolve quickly during periods of geopolitical tension.
For Americans living abroad, access to accurate information and reliable guidance remains important. Monitoring embassy communications, staying informed about travel advisories, and maintaining awareness of administrative obligations can help expatriates navigate changing conditions while continuing their work and daily life overseas.
About Expat US Tax
Expat US Tax is an advisory firm that assists U.S. citizens living abroad with tax compliance, planning, and reporting obligations. The firm provides tax preparation and advisory services to Americans residing in more than 190 countries, helping expatriates navigate the complexities of U.S. citizenship-based taxation.
Press Inquiries
Clark Stott
info@expatustax.com
https://www.expatustax.com/
– Published by The MIL Network
LiveNews: https://livenews.co.nz/2026/03/14/nz-au-the-middle-east-impact-of-the-u-s-israel-war-on-iran-and-challenges-for-u-s-expats/
Source: New Zealand Government
Attorney-General Judith Collins today announced two judicial appointments to the High Court.
Manukau Crown Solicitor Natalie Walker has been appointed as a High Court Judge, and Christchurch Barrister and Solicitor Christopher Gambrill has been appointed as a High Court Associate Judge.
Natalie Walker
Justice Walker graduated from the University of Auckland in 1998 with a Bachelor of Arts and a Bachelor of Laws. After a period with Chapman Tripp, she attended University College London and graduated with a Master of Laws (Distinction) in 2000.
On her return to New Zealand in 2001, Justice Walker spent six months as a junior barrister for the late John Haigh QC before joining Auckland Crown Solicitor’s firm Meredith Connell. Specialising in Crown prosecution work in the District and High Courts, Justice Walker was made Senior Crown Counsel and an Associate of the firm in 2008, and joined the partnership in 2013.
In 2014, Justice Walker left the partnership at Meredith Connell to establish Kayes Fletcher Walker alongside two other directors. In 2015 she was appointed the Crown Solicitor at Manukau, the first appointment to that warrant. As a Principal Crown Prosecutor, Justice Walker prosecuted serious crime in the Counties Manukau region, and represented the Crown in appeals to the Court of Appeal and Supreme Court. Justice Walker also holds a Diploma of Māori Language Fluency from Te Wānanga Takiura o Ngā Kura Kaupapa Māori o Aotearoa.
Justice Walker’s appointment as a High Court Judge will take effect on 28 May 2026, and she will sit in Auckland.
Christopher Gambril
Associate Judge Gambrill graduated from Victoria University of Wellington with a Bachelor of Laws (Honours) in 1992, and worked with Simpson Grierson Butler White in Wellington until 1994.
In 1995 he joined London law firm Berwin Leighton and was admitted as a Solicitor of the Senior Courts of England and Wales in 1996. On his return to New Zealand, he worked as a commercial litigator with law firms White Fox & Jones in Christchurch and Simpson Grierson in Auckland until 2005.
From 2005 to 2019 Associate Judge Gambrill was based in the United Arab Emirates, working with advocate and legal consultancy firms. He spent nine years as a special counsel with Everys Legal Consultancy, the branch of an English law firm, conducting proceedings before the Courts of the Dubai International Financial Centre, a separate common law jurisdiction operating in Dubai, and arbitrations.
Since March 2020, Associate Judge Gambrill has been a special counsel working in commercial litigation at Martelli McKegg in Auckland, with principal areas of practice including company and insolvency law, conflict of laws, and trust and equity, disputes. He is also a fellow of the Arbitrators’ and Mediators’ Institute of New Zealand.
Associate Judge Gambrill’s appointment as a High Court Associate Judge will take effect on 30 March 2026, and he will sit in Christchurch.
LiveNews: https://livenews.co.nz/2026/03/13/judicial-appointments-announced-2/
Source: Media Outreach
With that, a new lifestyle is taking shape. The clearest sign is how refueling is moving into the home, often happening quietly overnight. In the not-so-distant future, some drivers may struggle to recall the last time they stood beside a pump in the heat, watching the numbers climb under fluorescent lights.
Into this transition steps VinFast, a young global brand intent on making those new habits stick. Its focus is to make the interactions around them feel at least as convenient as traditional ownership, if not more so. In other words, to make EV living workable at scale, for everyone.
The VF 8 sits at the center of that effort. Fine-tuned for Gulf conditions, it pairs vegan leather seating with ventilation and heating functions suited to dramatic seasonal swings. Dual-zone climate control integrates air-quality management and ionization, a practical feature in cities where dust storms are not rare events. The cabin is anchored by a large 15.6-inch infotainment display, sized generously enough that drivers are not left squinting at navigation prompts or climate settings mid-traffic.
More subtly, the VF 8 encourages new expectations around what a car should do. Over-the-air update capability allows the vehicle’s software to improve over time. Driver profiles synchronize settings and climate preferences, useful in households where one vehicle rotates between work commutes, school runs and weekend trips. Smart modes such as pet mode and camp mode extend the car’s role beyond transport, accommodating both urban density and the region’s fondness for desert getaways.
VinFast has also worked to address the psychological side of the green transition. An expectation-surpassing element of the VinFast ownership experience is its warranty package: a 10-year or 200,000-kilometer vehicle warranty, a 10-year unlimited battery warranty and five years of free maintenance up to 100,000 kilometers, all structured to make durability and cost predictability part of the standard equation rather than an added extra. A recently signed Memorandum of Understanding with PlusX Electric in the UAE focuses on portable charging pods, on-demand mobile charging and emergency roadside support.
Taken together, these elements frame sustainability as simply another way of moving through the world, rather than an act of sacrifice, and arguably a more efficient one at that. Fewer service visits. Predictable maintenance costs. Charging woven into the domestic routine.
Across the Gulf, greener living is unfolding in just that manner. The progress can be gradual, almost mundane, yet it is unmistakably forward. VinFast’s role is to ensure that when a driver chooses electric mobility, the surrounding experience feels stable, supported and suited to regional realities.
Hashtag: #Vinfast
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
LiveNews: https://livenews.co.nz/2026/03/12/vinfast-and-the-rise-of-a-new-gulf-lifestyle/
Source: Radio New Zealand
Defence says new AI-supercharged weapon systems will need to be “very, very carefully designed”. NZDF / Supplied
New AI-supercharged weapon systems will need to be “very, very carefully designed” to comply with international and domestic laws, MPs have been told.
And it would be the software behind the systems that would dictate like never before just how effective any new missiles, guns or electromagnetic jammers were, a defence official told a select committee.
Defence ministry deputy secretary Anton Youngman said it was time for some serious thinking by New Zealand.
“One of the key points that we talk about here is that with these new capabilities … they need to be very, very carefully designed to comply with international and domestic laws,” he said.
The briefing coincided with the first week of the Iran war.
Experts said the war was testing out for real the questions of what artificial intelligence should be used in warfare and who controlled it.
Fox News has reported that the advance in AI “is changing the nature of the battlefield by speeding up targeting and analysing intelligence all while raising new concerns over the role of human judgment and oversight in modern warfare”.
The Guardian reported, “The use of AI tools to enable attacks on Iran heralds a new era of bombing quicker than ‘the speed of thought’ experts have said, amid fears human-decision-makers could be sidelined.”
AI targeting has been developing rapidly in the last several years.
Youngman, for his long-term insights briefing of the select committee, drew on a less militaristic example. He described a future where NZ kept an eye on nearby oceans by using satellites, drones flying high and on and under the sea, surveillance aircraft and land-based radars – ” all of these working in sync together”.
The software did that syncing.
Such technology was typically ‘dual-use’ with civilian and military applications.
Youngman went on: “The ability of defence forces to collect and analyse data at speed will increasingly be the key determinant of military advantage.”
Defence Minister Judith Collins in her speech to a geopolitics conference on Tuesday said New Zealanders understood the world had changed, and “the highly skilled personnel” in defence needed to be ready to do what the govenment “and people ask of it”.
“That’s why we are focusing on more than doubling our defence spend and investing in a defence force that is combat capable with enhanced lethality and deterrence; a force multiplier with Australia and increasingly interoperable with partners,” her speech notes said.
Defence Minister Judith Collins. Nick Monro
NZ has already put development of these syncing technologies on a faster track under last year’s $12 billion defence capability plan (though officials had been tightlipped about the aim to get a sovereign satellite).
Its latest move was to start testing 14 drones for the sea and air, with potential strike capability, from local firm Syos.
It was also working internationally through its defence science technology section with its counterpart in Australia, and with the US and other countries. NZ has not waited to join AUKUS Pillar Two – which focuses on emerging military tech – to make these moves.
AI-targeting experiments were part of that. The NZDF has been taking part in the US-led Project Convergence exercise to test joint AI systems alongside multinational forces.
Last year’s exercise in California had a “digital backbone” provided by data-mining firm Palantir.
The Washington Post has reported that Palantir tech was being used by the Pentagon in Iran. The Post said its targeting system called Maven was using an AI tool, Claude.
“Anthropic’s AI tool Claude central to US campaign in Iran, amid a bitter feud,” ran the paper’s headline.
Palantir, co-founded by Peter Thiel, a NZ citizen, has said the software used at Project Convergence “provided a unified data infrastructure for advanced battlespace management that empowered users across all levels to plan, execute, and assess operations effectively and enable commanders to rapidly make informed decisions”.
Palantir co-founder Peter Thiel. Marco Bello / Getty Images / AFP
Another such Convergence exercise was scheduled for the coming US summer. The NZDF did not respond when asked how many people it was sending.
RNZ has previously reported how this work fits under a Pentagon top-priority project with allies and partners called CJADC2 or Combined Joint All-Domain Command and Control.
Youngman offered MPs another insight, that the ascendancy of software would change soldiering itself.
“Under the human-machine team … it’s a different role for defence personnel in this long-term future,” he said in response to National MP Tim Costley suggesting that NZ might be too small to properly deploy AI weapons and be better off adding to its soldiers, sailors and bullets.
Youngman said the role was moving potentially “from less kind of in the field work and more into that kind of tuning and training systems, interpreting the outputs, making decisions and ensuring adherence with … law and doctrine”.
Whose law and doctrine? That second question, of who controllrd the AI, also came up at the committee.
Green MP Teanau Tuiono asked, “You were saying earlier around making sure that the system design adheres to domestic international law. How are you going to do that?”
Green MP Teanau Tuiono. RNZ / Samuel Rillstone
Youngman said the challenge was new, now that machines could now take action themselves, for the first time in warfare.
“It’s going to continue to be a growing challenge and something that through the design of the capabilities, needs to be thought through much more carefully now than it ever previously did,” he said.
Labour MP and former Defence Minister Peeni Henare asked, “Do we have the foundational legislation to make sure that we’re able to govern effectively in the spaces of war?”
Youngman replied that was beyond the scope of the long-term briefing but added, “This is exactly the type of questions that this research is pointing to and saying we need to have this conversation.
“We are looking at a longer term horizon here, 2035, and the reason for doing this type of long-term research now is to say these are the types of conversations that we need to have.”
What about NZ being able to afford its own cloud-based AI military systems in future, Henare asked.
“Really good quesiton,” said Youngman. “I think the importance of remaining interoperable with partners is going to be key. It is today and it will continue to be.
“However … [the briefing] does talk about needing to continually balance that cost with sovereignty, with legality and social licence.”
Everyone agreed that explaining all this to the public was much harder than talking about buying a new frigate.
“A grey ship is a grey ship,” said Henare.
“People will read this and go, this is preparing us for AUKUS,” he added.
Labour MP and former Defence Minister Peeni Henare. VNP / Phil Smith
Youngman replied that defence would “need to be more proactive” in communicating around the new capabilities.
The briefing itself said this was one of “three major shifts” defence had to get its head around.
“Public trust in defence forces is earned, not assumed. Ensuring Defence maintains public trust will remain essential, and possibly more challenging, in an environment defined by increased contestation and technological change,” it said.
When RNZ asked NZDF to lay out the nature of its technology and data-sharing with the US and other Five Eyes partners, Defence responded by turning it into an Official Information Act (OIA) request that would take at least five weeks to answer; similarly, a question about whether defence was taking a role in testing or developing systems from Palantir.
“Your request is noted, but the NZDF still needs to manage information requests in the way it deems appropriate,” Defence said.
The nature of NZ’s national security work within Five Eyes had come up earlier at a select committee. In that case, the SIS and GCSB replied they had tight controls around intellligence sharing and could withhold intel if legal, policy and human rights settings were not met.
An OIA in December showed that defence currently used nine AI-enabled tools in a restricted cacpacity for research in data and sensor processing and modelling. Sensors could be used in targeting.
The nine were: ChatGPT, Dalle-2, Github Copilot, Azure Machine Learning, Azure OpenAI services, Microsoft Copilot, Microsoft Teams, AiZynthFinder and Meta Llama 2.
National MP Dana Kirkpatrick thanked Youngman for the insights briefing: “There’s no time like the present in the current geopolitical challenges to be talking about future capability and interoperability in defence.”
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
LiveNews: https://livenews.co.nz/2026/03/12/ai-in-warfare-being-tested-in-iran-needs-much-more-careful-thinking-by-nz-defence/
Source: Media Outreach
Saalfelden, Austria – Media OutReach Newswire – 12 March 2026 – Following extreme cold tests in Yakeshi, China, the 2026 Changan Global Testing Season made its European debut this February with the Changan Winter Experience in Courmayeur and the Winter Test Drives in Saalfelden. The all-electric CHANGAN DEEPAL S05 AWD was tested on snow and ice—familiar conditions for European drivers—offering dealers and journalists an immersive introduction to Changan’s electric mobility vision through dynamic drives.
Three-time Olympic gold medalist and Milano Cortina 2026 Ambassador Deborah Compagnoni joined the event in Courmayeur, testing the CHANGAN DEEPAL S05 AWD. Her career—defined by determination, control, and reliability—reflects Changan’s core values. “I felt that the principles of trajectory and speed in skiing apply to driving. With this model, you gain confidence on challenging terrain,” she said.
Snow-Validated Performance: The CHANGAN DEEPAL S05 AWD
Tested in Europe, the CHANGAN DEEPAL S05 AWD demonstrated controllable dynamics, reliable traction, and enhanced safety—highlighting its cutting-edge AWD and ADAS. The system adapts seamlessly: ECO/COMFORT modes prioritize RWD efficiency, while AWD will engage automatically when sensors detect slip, high torque demand, or extreme cold below -25°C. SPORT mode delivers permanent 50:50 torque for sharper response. SNOW mode maintains balanced torque with optimized slip control for confident driving on low-grip surfaces.
The intelligent AWD system delivers up to 320 kW power, 502 Nm torque, and 0–100 km/h acceleration in 5.5 seconds. It also improves hill climbing with a 40% gradient capability, ensures stability by actively balancing power to prevent skidding, and enables safer cornering at higher speeds through optimized grip and vehicle dynamics.
Changan Standard: Proven in the Alps, Bound for the World
Changan Standard is defined by a principle: forged in extremes, built for every day. From Yakeshi to the Alps, the test environments are selected to verify specific performance attributes—safety technologies, chassis response, all-wheel-drive calibration, and ADAS in low-grip scenarios. The objective of 2026 Global Testing Season is not to demonstrate extremes, but to confirm consistency: that the same level of safety, control, and stability demonstrated will be replicated in Mexico, Thailand, and Saudi Arabia.
Hashtag: #Changan
The issuer is solely responsible for the content of this announcement.
– Published and distributed with permission of Media-Outreach.com.
LiveNews: https://livenews.co.nz/2026/03/12/snow-ice-and-performance-2026-changan-global-testing-season-arrives-in-europe-with-back-to-back-winter-events/
Source: GlobeNewswire (MIL-NZ-AU)
NEW YORK, Dec. 02, 2021 (GLOBE NEWSWIRE) — Global asset management company Starfleet Innotech, Inc. (OTC: SFIO-Smokefree Innotec, Inc.) entered into a partnership last month with food ingredients supplier Annapolis Co., Ltd., granting SFIO distribution rights over a suite of products under their premium beverage solutions brand LongBeach. This is the latest in a series of agreements the asset company has signed, following a similar arrangement with SFIO’s New Zealand-based subsidiary Gorgeous Coffee Co. Altogether, these partnerships are projected to launch SFIO towards their $100 million revenue target by the end of 2022.
With this latest partnership, Thailand’s leading premium ingredients supplier for beverages and bakeries, Annapolis Co., Ltd. will see its LongBeach brand premium purees, syrups, sauces, powders, and teas sold across SFIO’s sprawling food service network in Australia and New Zealand.
According to the latest data from Statista, despite the ongoing pandemic, Australia and New Zealand’s cafes, restaurants, and takeaway food services together present a roughly $36 billion market, which is expected to grow steadily over the next few years. Beginning January 2022, SFIO will be the sole distributor of LongBeach products across these two markets’ thriving food service industries. The company expects this deal alone to bring in up to $5 million in additional revenue for SFIO’s food and beverage division.
Earlier this year, SFIO established a global expansion roadmap for their fully-owned subsidiary Gorgeous Coffee Co. that would see New Zealand Manuka honey and a premium health brand of 5-in-1 Instant Coffee reaching US shelves as early as next year.
New Zealand’s Manuka honey, considered the best in the world, is a highly valued, energy-boosting superfood boasting a distinct earthy flavor and health benefits such as antioxidants, probiotics, and antibacterial support. The honey is graded according to a global potency scale called the Unique Manuka Factor, or UMF. Coming January 2022, SFIO will be distributing Manuka honey variants including UMF 5+, UMF 10+, UMF 15+, and UMF 20+.
Revenues from this arrangement are expected to reach $1 million by the end of 2022. Samples of the Manuka honey products have already been shipped to the United States and parts of the United Arab Emirates, with SFIO currently working on sending more to other countries across Asia.
Similarly, Gorgeous Coffee Co.’s 5-in-1 Instant Coffee will be exported across the United States, Australia, and Asia, including the United Arab Emirates. The product is a healthful mix of premium Arabica coffee, Manuka honey, barley grass, non-dairy MCT creamer, and Stevia. In addition to the benefits of Manuka honey, the instant coffee mix claims to aid in digestion, reduce inflammation, and boost immunity thanks to its barley components. Followers of the popular keto diet will also appreciate the instant coffee’s MCT creamer, an easy-to-digest alternative to traditional dairy.
The instant coffee product is expected to bring in at least $2 million in additional revenue for SFIO. Samples have already been sent to potential partners in the United States.
These partnerships play into the asset management company’s long-term ecosystem strategy, which prioritizes high-value synergies across its growing portfolio of companies. Leveraging the expanding footprint of its food and beverage businesses, including flagship franchise business Epiphany Cafe, these products will be rapidly stocking shelves across the globe as early as the first quarter of next year.
For media enquiries, please contact:
Craymond Yeong, PR & Marketing Specialist
Epiphany Café
Phone: (+64) 21 0833 2966
Email: info@sfio.co.nz
About Starfleet Innotech, Inc.
Starfleet Innotech, Inc. (OTC: SFIO-Smokefree Innotec, Inc.) is an asset management company focused on innovation through disruptive collaborations across its three key industries: Food and Beverage (F&B), Real Estate, and Technology. With a strong presence across New Zealand, Australia, and the Philippines, as well as a roadmap for further global expansion, SFIO makes strategic investments in high-growth businesses, building synergies across its diverse portfolio to provide maximum shareholder value. Guided by tradition, driven by innovation, and enabled by collaboration — SFIO is on a hyper-growth path to build a thriving business ecosystem, with plans to uplist onto a major stock exchange in the near future.
About Annapolis Co., Ltd.
Annapolis Company Limited and Food Gravity Company Limited (Annapolis Co., Ltd.) is Thailand’s leading premium ingredients supplier for beverages and bakeries. With two in-house brands, LongBeach Syrup and KAWAMI Premium Tea, their products can be found across major East and Southeast Asian markets.
– Published by The MIL Network
LiveNews: https://livenews.co.nz/2026/03/11/nz-au-sfio-closes-5-m-series-of-global-distribution-partnerships-for-premium-beverages-and-new-zealand-manuka-honey/
Source: Radio New Zealand
RNZ / Kim Baker Wilson
The government has warned the country’s oil deliveries are in doubt if the conflict in the Middle East rages on.
The closure of the Straits of Hormuz and damage to infrastructure has triggered volatility, fuelling record oil prices.
Prices hikes have stretched beyond the petrol pump, with Air New Zealand raising fares, suspending its earning guidance and warning it may have to cut flights if oil prices continued to increase.
Air Chathams said the rising cost of oil was costing the small airline about $140,000 extra a month in fuel, and could see it cut flights.
Associate Energy Minister and Regional Development Minister Shane Jones told Checkpoint the government was not considering rationing, despite the Australian government looking at contingency plans that included fuel rationing.
He said the government had been assured the physical arrival of the fuel was not under threat in coming months.
“But get to May we’re told by the industry unless things change there’ll be big challenges.”
A newly created ministerial oversight group, announced by PM Luxon late yesterday, will meet for the first time on Wednesday, Jones said.
The group is led by Finance Minister Nicola Willis and included Jones, Minister of Agriculture and Trade Todd McLay, Minister of Energy Simon Watts and Minister of Commerce Scott Simpson.
Key inputs for New Zealand’s fertiliser industry such as urea come out of the Middle East, including from Iran, and the government also wanted to keep an eye on any price gouging, Jones said.
The group would discuss options for relief from spiking energy costs.
The minister would not outline what measures were being considering, and warned such actions always had consequences.
The government was already supporting regional airlines through loans from the Regional Infrastructure Fund, Jones said.
The minister said it was a “great worry” a number of countries with refineries were significantly reducing supply.
Ministry of Business, Innovation and Employment (MBIE) data showed the country had 27 days of petrol in the country, and 22 days worth shipped but yet to arrive, 24 days of diesel, with 29 days on the water, and 28 days worth of jet fuel, with 22 days shipped.
Some oil companies had already declared force majeure – a clause that freed companies from contractual obligations due to extraordinary circumstances, such as natural disasters or wars.
Wise Response Society chair Nathan Surendran said levels of damage across multiple countries meant delays could last weeks or months even if the conflict ended quickly, but the threat went beyond delays.
“The force majeure declarations cascading across Gulf and Asian suppliers did not just mean delays to oil supplies, they void contracts, and could see fuel currently headed to New Zealand diverted to nations willing to pay more,” Surendran said.
There were signs this was already happening, with reports of cargoes being diverted from Europe and Africa to Asia.
The government should take a precautionary approach, signalling possible rationing now, before shortages forced it, Surendran said.
“Australian fuel wholesalers were already rationing supplies to retailers despite Australia holding 36 days of reserves and two domestic refineries – New Zealand has neither,” he said.
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
LiveNews: https://livenews.co.nz/2026/03/10/fuel-supplies-in-nz-unless-things-change-therell-be-big-challenges/
Source: Radio New Zealand
Education Minister Erica Stanford has often been tipped as a possible leadership contender. RNZ / Marika Khabazi
Education Minister Erica Stanford has been damning in her assessment of last week’s disastrous poll result for National, calling it a “bad week” for the party and for the caucus.
Speculation has been swirling about Prime Minister Christopher Luxon’s leadership after the Taxpayers’ Union Curia Poll result put National on 28.4 per cent – the party’s lowest result since Luxon became leader.
Asked on Tuesday whether she was happy with the result, Stanford – often tipped as a possible leadership contender – said: “No, of course not”.
“We’ve got to do a lot better as a party, all of us pull together, we’ve got to respect what voters are telling us,” she said.
In addition to the horror poll, Luxon also struggled to articulate the government’s position on the Iran conflict and flubbed his answers to questions on the same topic at his post-Cabinet press conference last week.
Asked whether it was a bad week for the prime minister, Stanford said the result reflected poorly on the party.
“I would say it’s a bad week for the National Party and our caucus, and we’ve got to do better all of us together, pull together and remember that our focus is on the New Zealand people, and in my case, raising student achievement,” Stanford said.
Any speculation she was vying for the top job was “reporters interviewing their own typewriters”, Stanford said, adding that she supported the prime minister “100 percent”.
On Tuesday afternoon, Stanford ruled out making any bids for the leadership.
“We have a leader, he’s doing a really good job, and I am part of a high-performing team just doing my job, reforming the education system.”
In a busy day in Parliament – when the Covid-19 inquiry report was released, National MP and Minister Shane Reti announced his retirement, and MP Mariameno Kapa-Kingi was reinstated to Te Pāti Māori by the High Court – National Party ministers and backbenchers were resolute in their support of the prime minister.
Māori Development Minister Tama Potaka said he had “no intentions” to run for the top job. RNZ / Mark Papalii
Māori Development Minister Tama Potaka said he backed Luxon and looked forward to the coming election campaign.
Asked whether he wanted to be the leader, he repeatedly said he had “no intentions” to run for the top job but also refused to rule out a future bid.
“It’s got nothing to do with me… I’m not here to answer questions about me running for the leadership, because, as you know, I support the prime minister.”
Tim Costley, MP for Ōtaki, said that asking Luxon to step down, should his polling worsen, had never crossed his mind.
“We’ve got a strong caucus. We’ve got 49. We’re looking great.”
Banks Peninsula MP Vanessa Weenink said she was not concerned about her seat, which was one of the most marginal at the last election.
“I’m not worried about my job. I’m not worried about my seat. I’m worried about the country if we have an alternative government.”
Takinini MP Rima Nakhle put her level of support for the prime minister at “123 percent”, while Upper Harbour MP Cameron Brewer said the caucus was unified.
“We respect the guy, we’re tight, we’re disciplined, and you can see that with all our answers in the last 72 hours. You know, we actually just want to get on with the job.”
The prime minister himself continued to brush off concerns about the poll, telling reporters on Tuesday that the party’s caucus meeting would feature normal business, adding the team was “really united, really focused, really driven”.
But Labour leader Chris Hipkins blasted National for getting itself into “one heck of a mess”.
“They promised they were going to fix the economy, they’ve shrunk it. They promised they were going to get Kiwis into work, more Kiwis are unemployed now. They promised they were going to fix government debt, government debt’s gone up. They promised they were going to fix the cost of living, the cost of living’s got harder for New Zealand households.
“Whether it’s Christopher Luxon or one of the other ministers who was involved in all of those decisions leading the National Party, the problem is they haven’t done what they said they were going to do.”
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– Published by EveningReport.nz and AsiaPacificReport.nz, see: MIL OSI in partnership with Radio New Zealand
LiveNews: https://livenews.co.nz/2026/03/10/national-party-politicians-rule-out-leadership-bid/