I would have thought this news snippet From Seeking Alpha (13th Nov 4.40am ET) would have made front page news in NZ..but apparently NZ hair shampoo, Fran's opinion on Chris Luxon, and Mary's view on retiring at 40 years are the business headlines in the NZH for today.
Hmmm...The News seems genuine but I cant sight it in other Country's newspapers either..maybe yet to be announced?
Largest Free Trade Deal Ever To Be Signed This Weekend
Highlights:
1...China to sign a mega trade deal this weekend with Japan, South Korea, Australia, New Zealand together with 10 ASEAN member countries.
2...This Economic Partnership, covers 30% of global GDP and trade.
3...Objective of this deal is to reduce tariffs, strengthen supply chains and organise new e-commerce rules.
4...Covers many economies and goods.
5...Negotiations have been on going for years.
I would have thought this news snippet From Seeking Alpha (13th Nov 4.40am ET) would have made front page news in NZ..but apparently NZ hair shampoo, Fran's opinion on Chris Luxon, and Mary's view on retiring at 40 years are the business headlines in the NZH for today.
Hmmm...The News seems genuine but I cant sight it in other Country's newspapers either..maybe yet to be announced?
Largest Free Trade Deal Ever To Be Signed This Weekend
Highlights:
1...China to sign a mega trade deal this weekend with Japan, South Korea, Australia, New Zealand together with 10 ASEAN member countries.
2...This Economic Partnership, covers 30% of global GDP and trade.
3...Objective of this deal is to reduce tariffs, strengthen supply chains and organise new e-commerce rules.
4...Covers many economies and goods.
5...Negotiations have been on going for years.
Interesting find. Though there used to be an article in bloomberg 2 days ago ... that's probably where seeking alpha got it from:
I would have thought this news snippet From Seeking Alpha (13th Nov 4.40am ET) would have made front page news in NZ..but apparently NZ hair shampoo, Fran's opinion on Chris Luxon, and Mary's view on retiring at 40 years are the business headlines in the NZH for today.
Hmmm...The News seems genuine but I cant sight it in other Country's newspapers either..maybe yet to be announced?
Largest Free Trade Deal Ever To Be Signed This Weekend
Highlights:
1...China to sign a mega trade deal this weekend with Japan, South Korea, Australia, New Zealand together with 10 ASEAN member countries.
2...This Economic Partnership, covers 30% of global GDP and trade.
3...Objective of this deal is to reduce tariffs, strengthen supply chains and organise new e-commerce rules.
4...Covers many economies and goods.
5...Negotiations have been on going for years.
Finally got some NZ Media attention after Sunday's signing of the Agreement.
No real public media fanfare nor any tangible specifics for something that theoretically is going to add 1% to our GDP growth...Oh well ...At least it may help to add $2 billion to counter the loss of $10 Billion (GDP)..(so far) during the 2019-2020 period.
And here’s a nice summary of why the US markets continue to head higher:
"About 90% of S&P 500 companies have reported earnings and IBES estimate that profits fell 7.8% from last year. That’s bad, but not as bad as earlier expectations for decline of over 20%."
Plus we all know that Central Banks and governments are on standby to flood the markets and economies with as much money as needed to cushion the pandemic fallout.
Finally got some NZ Media attention after Sunday's signing of the Agreement.
No real public media fanfare nor any tangible specifics for something that theoretically is going to add 1% to our GDP growth...Oh well ...At least it may help to add $2 billion to counter the loss of $10 Billion (GDP)..(so far) during the 2019-2020 period.
There is always trade offs perhaps they do not wish them to be highlighted...after all the last FTA was rather one sided.
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Originally Posted by Hoop
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