President Donald Trump’s “Liberation Day” tariffs have led to a decrease in local interest rates and the New Zealand dollar. The Reserve Bank (RBNZ) is expected to announce a 25-basis-point cut to 3.50% in response to the ongoing fallout from the tariffs, with the possibility of a 50-basis-point reduction being priced in by the market due to concerns about economic recovery and global growth prospects. World sharemarkets have been affected by the tariff announcement, causing volatility in interest rates and currency markets, with the New Zealand dollar trading at US55.60c, down from US57.70c before the tariffs were implemented.
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Two by Twos: MP Hamish Campbell ‘deeply embedded’ in religious group under investigation by FBI, police
National MP Hamish Campbell faces accusations of minimizing his involvement with the Two by Twos ministry, a secretive religious group under investigation by the FBI and New Zealand police for sexual abuse allegations. Sources have identified Campbell as an "elder" who has hosted weekly Bible meetings at his home in Christchurch. Initially claiming his connection was merely familial, Campbell later admitted to being a member of the group, stating, "I have hosted a small number...
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