Latest / The Kākā by Bernard Hickey
Global oil & gas prices surge, hammering stocks
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Briefly in the news in Aotearoa’s political economy around housing, climate and poverty on Wednesday, March 4:
* Global stocks slumped 2.5% overnight on inflation fears triggered by 40-60% rises in gas prices and surge in oil prices to US$82/barrel. Paying subscribers can see more below the paywall fold & hear more in the podcast above.
* Housing and Justice officials advised the Government against introducing ‘Move-On’ orders for homeless people in our big cities.
* Infrastructure giant Downer, which has…
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