Iran: US air base being built near Iranian border

I guess this means they won’t be leaving any time soon. Tehran, 25 August (AKI) – The United States has reportedly begun constructing a new military base in Iraq’s Kurdistan region not far from the Iranian border. According to the state-owned Press TV, the Kurdistan Regional Government has allocated 700 hectares of land near Iran’s […]

Labour has a great day at the office

The economic purists may have been wailing. Many Auckland Airport shareholders may have been weeping. The Labour Party was not giving a hoot about that yesterday. It was too busy having its best day at the office by far this year. The Government’s last-minute tightening of rules on foreign investment in strategic assets had effectively […]

Key accused of being ‘slippery’ over Auckland Airport

Finance Minister Michael Cullen has accused National leader John Key of being “very slippery” on his stance toward the Government’s move to protect Auckland Airport from foreign control. Dr Cullen last night announced new foreign investment rules allowing ministers to block deals that would allow control of strategic assets and land to fall into overseas […]

Cullen’s shock move hinders airport bid

The Government has urgently toughened New Zealand’s overseas investment rules, putting a new hurdle in the way of the controversial Canadian pension fund’s bid for a 40 per cent stake in Auckland Airport. The unexpected move comes just one week after the Government announced it would legislate against a multimillion-dollar tax break that the Canadian […]