Venezuela, China and Russia

Written By: - Date published: 1:41 pm, March 4th, 2019 - 54 comments
Categories: China, Deep stuff, democracy under attack, International, us politics - Tags:

Now that we are in a proper new age of robber barons in which most states are collectively so weak that they no longer offer effective resistance against large corporations, it’s somewhat easier to refresh how we view states: they are diplomatic fronts for corporations. True it’s also part of every state’s job to do that.

The willingness of some countries particularly the United States to use crisis within a country to accelerate the interests of their own corporations has been well documented in Naomi Klein’s Shock Doctrine from over a decade ago:

But Klein and others like her such as Hardt and Negri, and Chomsky, focussed almost exclusively on the United States.  

Why is Maduro able to hold on to power? Who is really in play?

For the answer in Venezuela, we need to look deeper, particularly to Russia and China.

In exchange for modest loans and bailouts over the past decade, Russia now owns significant parts of at least five oil fields in Venezuela, along with 30 years of future output from two Caribbean natural gas fields.

Venezuela also signed over 49.9% of Citgo, its wholly owned company in the United State. This includes three Gulf Coast refineries and a massive web of pipelines – as collateral to Russia’s state-owned Rosneft for a reported US$1.5 billion in desperately needed cash.

Russia is seriously exposed to Venezuela.

Rosneft also funnelled supwards of US$17 billion in loans to the Chavist-Maduro regime over the past decade. It has also gained three million tonnes of oil from 2017 from Venezuela.

Helpfully for all this financial funneling, Russia and Venezuela have a joint venture bank, Evrofinance Mosnarbank, Russia’s 91st largest by assets. The Venezuelan National Development Fund owns 49.99% of the bank. Russia’s state-owned Gazpromban, and the state bank VTB each own 25% of Evrofinance.

So whether Russian public support for Putin’s international interventions falls or not, the Russian state has to prop Maduro up because they simply have too much skin in the game. U.S. sanctions against Russia have crippled its ability to secure financing other than from its own state. This is the state acting with the coldest of commercial calculations.

According to Reuters, Russian private military contractors are now surrounding President Maduro.

Russian President Putin knows that if National assembly President Juan Guaido takes power, those who stood with Maduro will likely be ousted, and Russia’s privileged access to Venezuela’s oil fields will be revoked.

(The closest comparison I can think of is the impact of the Iranian oil nationalisation programme in the early 1950s. British investor confidence was shaken and the Shah of Iran barely survived. In 1979 the government simply nationalised all the banks.)

Then there’s China.

Venezuela has the world’s highest oil reserves, China is the world’s largest oil importer, and China has lent more money to Venezuela than to any other country in the world. An ocean of superlatives.

China gets about 19% of its oil from Russia and Venezuela together.

China has investments in Venezuela estimated to be worth around US $60 billion. As of April 2018 China owns US$23 billion of Venezuela’s foreign debt. That’s about three times the exposure of Russia to Venezuela. Interestingly, China has not followed Russia in accusing the United States of an attempted coup. That tells me that China has cultivated contacts with the opposition and with Venezuelan civil society broadly.

No doubt Russia is going all out against the United States via Venezuela because the degree of U.S. government commercial hostility to Russia through sanctions and military positioning is now so high that Russia simply have less to lose. China, not Russia, is in the middle of a complex trade negotiation with the United States.

Last week, President Trump indicated that Huawei and ZTE – vital Chinese domiciled tech multinationals – could be included in that trade deal.

That is another almighty big reason not to go head to head with the U.S. via Venezuela. China knows that it gains rewards if its companies accede to paying massive fines to United States regulators. ZTE paid the fine, fired its entire board, sucked up the losses, and kept going. I suspect the same thing will happen with Huawei.

There’s still plenty of capacity from the United States to damage Chinese tech firms, and China is playing a careful diplomatic game around it, in part because of its exposure to U.S. intervention in Venezuela.

Venezuela represents the contest of the United States, Russia, and China like no other place on earth.

54 comments on “Venezuela, China and Russia ”

  1. Gosman 1

    Russia and China are on a hiding to nothing. There is no indication that Maduro will be willing to make the sorts of reforms necessary to stem the decline in the Venezuelan economy and certainly no ability to turn it around so that it expands significantly rather than contracts. Therefore Russia and China will have to continue to stump up cash in exchange for sections of a declining Venezuelan economy. There is a saying for this – “Throwing good money after bad”.

  2. adam 2

    But isn’t trump a putin puppet…

  3. Gosman 3

    Once again I will post John Oliver’s take on the mess that is Venezuela

    https://youtu.be/IYfgvS0FA7U

    • Jinx 3.1

      John Oliver is an establishment shill.

      Watch this.

      By the way, YouTube is trying to censor the video for absolutely no reason by making it age required.
      There is no reason for their claim for violating community standards.

      • weston 3.1.1

        Thanks Jinks nice to get some REAL facts !!

      • Gosman 3.1.2

        That was hilarious. I especially enjoyed his explanation for hyper inflatiom. Apparently it is because people smuggle the currency out of the country. Of course he fails to grasp that if currency is been taken out of the country you reduce the supply of it and thetefore under the law of supply and demand you increase its value. Venezuela’s problem is not too little currency but TOO MUCH. As for extracting food and other items to other nations, that happens when you impose price controls.

  4. Siobhan 4

    I’ve already brought this up today…and I’m not sure if there’s any point me commenting on such a right wing, possibly racist* article…but…

    “Hands off Venezuela!”

    The “Permanent War State” Aims to Plunder Venezuela – Wilkerson and Jay
    Trump promises “democracy and freedom” to Venezuela, delivered by Elliott Abrams who brought you illegal wars, coups, and support for dictatorships; and Mike Pompeo and VP Pence, both with deep ties to the Koch brothers who need Venezuelan heavy crude to feed their Texas refinery – Col. Larry Wilkerson joins TRNN’s Paul Jay

    https://www.youtube.com/watch?v=pkR9YWqfjsA

    *http://theconversation.com/venezuelas-long-history-of-racism-is-coming-back-to-haunt-it-82199

    *http://www.afrocubaweb.com/news/venezuela-racial-conflict.html

    • Gosman 4.1

      Where is the evidence that the US has “plundered” say Iraq or Afghanistan?

      • Sam 4.1.1

        Only way to deny U.S motivation for stealing Middle East oil is to pretend to be thick in the head.

        • Gosman 4.1.1.1

          No evidence just an emotional laden argument that pre-supposes the point.

          • Sam 4.1.1.1.1

            You are not deceiving me, just yourself.

            • Gosman 4.1.1.1.1.1

              I’m just asking you to back your views up. It is you who is refusing to do so.

              • Sam

                They’re not my views. They’re the words of The President of The United States of America threatening Venezuala repeatedly and consistently and his spokespeople from the pentagon and Whitehouse carrying the burden of carry. And you gooie, in complete denial.

                • Gosman

                  Trump has only made a really concerted effort in the past few months and he hasn’t threatened to steal oil for tge US.

                  • Sam

                    Protecting U.S. Oil interests has been a long standing U.S. Forign policy. Where have you been the last 100 odd years…, Checking your fathers navel?

      • Ad 4.1.2

        Have trawl through the Naomi Klein video.

        Or even the book.

      • Siobhan 4.1.3

        Not enough time has passed for me to have good links at my fingertips on those two countries, plus its home time…but its a well known fact that America’s involvement beyond its borders is always about its own ‘business interests’, which is just a modern term for ‘plundering’.
        Its always been this way, and to think it is now otherwise would be denial on a tragic scale…,not to mention the idea that America spent 6 trillion on a war in Iraq/Afghanistan for kicks is also pretty hilarious…

        in the words of Smedley Butler, at the time of his death the most decorated Marine in U.S. history …

        “I spent 33 years and four months in active military service and during that period I spent most of my time as a high class muscle man for Big Business, for Wall Street and the bankers. In short, I was a racketeer; a gangster for capitalism. I helped make Mexico and especially Tampico safe for American oil interests in 1914. I helped make Haiti and Cuba a decent place for the National City Bank boys to collect revenues in. I helped in the raping of half a dozen Central American republics for the benefit of Wall Street. I helped purify Nicaragua for the International Banking House of Brown Brothers in 1902–1912. I brought light to the Dominican Republic for the American sugar interests in 1916. I helped make Honduras right for the American fruit companies in 1903. In China in 1927 I helped see to it that Standard Oil went on its way unmolested. Looking back on it, I might have given Al Capone a few hints. The best he could do was to operate his racket in three districts. I operated on three continents.”

        • Gosman 4.1.4.1

          That was from 2005 and was meant to be some sort of secret plan. How did this plan work out? Where is the evidence for that?

          • Stuart Munro 4.1.4.1.1

            I’ve said it before and I’ll say it again – go and Google it you lazy ignorant trolling prick.

            • Stuart Munro. 4.1.4.1.1.1

              But, on the principle that you are too useless to look for it yourself:

              On the ground, the occupation forces are quickly working towards selling the Iraqi governmental services to private companies. They are quite open about their plan.
              In mid-April, U.S. officials stated that they want the World Bank to eventually act as the “neutral international body” that will be the accountant for oil revenues, replacing the United Nations, which had overseen the oil-for-food program (April 18, 2003, New York Times). The World Bank is definitely not a “neutral” body; quite the contrary, it has caused immense impoverishment in its agenda of privatization.[2] For example, as reported by the International Consortium of Investigative Journalists (ICIJ), “despite World Bank contentions that it does not force privatization on the poor, research by ICIJ and the bank itself showed that privatization is playing an ever-increasing role in bank lending policies.”[3]
              In mid-May, Bremer announced that, within weeks, the Central Bank of Iraq and a group of private banks would begin providing “substantial” trade credits to finance the sale of goods to Iraqi ministries, government-owned factories and private companies. Bremer did not say which “private banks” would provide these credits, or at what terms the credits would be made. He did reveal that U.S. and British companies were expected to be among the first to benefit.

              https://www.globalpolicy.org/component/content/article/168/34828.html

              • Gosman

                So your evidence that a “secret” plan to control the oil industry in Iraq is a link to reports from 2003 is it? How about you find out who controls the Iraqi oil and finance industry NOW not who the occupation authorities were discussing in 2003 or some sort of “secret” plan suggested in 2005?

                • Stuart Munro.

                  This is all such old news Gosman, did you sleep through the first decade of this century?

                  If you want to know what went down you really ought to get your mouse finger working. But it was a jackal’s wedding. You’ll probably reject the source (so dear is your crippling burden of ignorance to you), but a quick and dirty summary is here for those who ignore current affairs and have to play catch up:

                  https://archive.org/details/bushinbabylonrec00alit

                  • Gosman

                    I want to see you provide evidence of how US oil interests have taken over thr Iraqi oil sector please. Not so called “secret plans” from 15 years ago which suggest they were going to.

                    • Stuart Munro.

                      Yes, I thought as much – more ignorance and bad faith behavior, and an implicit assumption of superiority unsupported by anything greater than cynicism.

                      This is the thanks I get for throwing a little light into the all but infinite void of your ignorance and bile.

                      I’ve provided you with three sources, which you were not sincere enough to read. I’d quite like to see you justify your own position – the endless denials, the enthusiastic embrace of any hint of amorality, the astonishing ignorance of the principles of democracy and appalling want of judgment.

                      Fuck off and do your homework Gosman, or better yet, just fuck off.

                    • Gosman

                      No I enjoy too much you squirming and ducking and diving whenever I ask you to provide evidence that the US is doing the things you accuse it of doing.

                    • Stuart Munro.

                      Yes we know Gosman – you are the consummate troll, lazy, cynical, ill-informed, fucking useless, a blight on humanity and on this site.

                      I’ve produced a truckload of evidence, but that’s not good enough for a lying weasel lie you, you haven’t even looked at it. That’s the squirming, and it’s all yours.

                      You’ve produced nothing to validate your position. Nothing could. Shame on you Gosman, you pitiful lazy wretched lying thing.

                • Skunk Weed

                  Gossie you little testicle tickling toad go back to Kiwi Bog with the rest of the Swamp Dwellers.

      • WeTheBleeple 4.1.5

        Oh for shame just STFU for once in your life you loser.

        • Gosman 4.1.5.1

          Ahh…. no.

          • Sam 4.1.5.1.1

            May I ask what kinds of injuries causes you to believe that failed policies might one day work in the future?

            • Gosman 4.1.5.1.1.1

              My policies don’t fail. Contrast Chile with Venezuela to see that.

              • Sam

                Lelz. Am I the first person to point out that no one has ever voted for you or your policies? You’re funny.

                • Gosman

                  My policies are mainstream. They have been adopted by most developed nations on the planet.

                  • Sam

                    Most? I could literally use occums razor to prove the negative simply because of pair-pressure that you wanted to look cool in front of “most countries” and adopt there policies or I could even prove that you adopt policies suited for forign nations. Just can’t believe you’d leave yourself open like that, there must be something else going on.

                    I could even wank off your IQ and say that it is 92 so below average, I don’t think you are retarded because you’ve got some arguments, not very good ones but it does imply you’ve got the speech component of IQ and follow basic instructions given to you so you are at least above 80. So I’ll wank you off (high ball your IQ) and say you’ve got a below average IQ of 92 which is very generous.

                    It’s just your entire style of debating is just so cliche that I’v lost count of how many times you’ve conceded. I’ll body your entire body of evidence/comments/research and just bully all your arguments and then you’ll get all paralysed and come back a few hours later like nothing even happened. Iv literally lost count of how many times I’v just bullied you like that and like an injured snake you just keep coming back for more.

                    Every one has lost respect for you that I don’t even think you’ve noticed that no one can spell your name properly for fear of falling prey to what ever injuries that you are carrying around with you. Like you are pretty good at distracting people but as far as debating you are like the level of a 10 year old kid who’s not allowed to swear. You should literally delete your account so you don’t embarrass yourself any further.

                    • Skunk Weed

                      Kindergarten kid with dyslexia

                    • Gosman

                      Yes I agree he certainly looks like that. Someone obsessed by wanking too. Very odd.

                    • Sam

                      Didn’t have to use the meme which means that I have failed you gooie by overestimating your lvl of IQ and ability to follow simple instructions.

    • Sam 4.2

      I mean the one thing Venezualan Propogandist fail to acknowledge is that the White House and it’s spokespeople openly admit to causing financial crises and fund undemocratic candidates and blame Maduro for there own meddling. There’s so many hours of spokespeople admitting there fraud it’s not funny.

  5. Hamish Stevenson 5

    “No doubt Russia is going all out against the United States via Venezuela because the degree of U.S. government commercial hostility to Russia through sanctions and military positioning is now so high that Russia simply have less to lose.”
    Bollocks. Naive under-interpretation of the complexity of the situation. There are many other factors. The sentence makes no sense and brings down what is otherwise a fairly erudite article.

  6. McFlock 6

    Interesting article. So Russia being so exposed to Venezuela makes the geopolitical wonks in the US happy for US intervention in Ven, the Colombian factor means the anti-drugs crowd are for US intervention if only to keep Colombian govt support, Bolton would be creaming for regime change anywhere in the world, the oil crowd will be wanting control over ven production, and so on.

    And the orange-utan would have to be contrary to all of them (and an effective leader) to help Putin on this one.

  7. Milly 7

    I love the way the U.S. complains how other countries interfere in their elections, yet they openly get involved in coups against democratically elected governments.
    The irony is too much.

  8. Skunk Weed 8

    The USA are the world’s bully boys just like Pies Brownlee from Canterbury

  9. sam 9

    it sounds nothing happen to each other.

    [Eh? Can someone please reboot the Sambot. Ta, TRP]

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    Point of OrderBy poonzteam5443
    4 days ago
  • Fashionable follies
    Eric Crampton writes –  A fashion industry group is lobbying for protections. They make the usual arguments and a newer one. None of it makes sense. An industry group says it pumped $7.8 billion into the economy last year – that’s 1.9 percent of New Zealand’s GDP. ...
    Point of OrderBy poonzteam5443
    4 days ago
  • Justice for Bainimarama!
    In December 2006, Fiji's military leader Voreqe Bainimarama overthrew the elected government in a coup. He ruled Fiji for the next 16 years, first as dictator, then as "elected" Prime Minister. But now, he's finally been sent to jail where he belongs. Sadly, this isn't for his real crime of ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • March for Nature in June
    Don't like National's corrupt Muldoonist "fast-track" law? Aotearoa's environmental NGO's - Greenpeace, Forest & Bird, WWF, Coromandel Watchdog, Coal Action Network Aotearoa, Kiwis Against Seabed Mining, and others - have announced a joint march against it in Auckland in June: When: 13:00, 8 June, 2024 Where: Aotea Square, Auckland You ...
    No Right TurnBy Idiot/Savant
    4 days ago
  • Bernard’ s Dawn Chorus & Pick ‘n’ Mix for Thursday May 9
    Seymour describes sushi as too woke for school meals. There are no fish sushi meals recommended by the School Lunches programme. Photo: Lynn Grieveson / Getty ImagesTL;DR: The Government will swap out hot meals for packaged sandwiches to save $107 million on school lunches for poor kids. MSD has pulled ...
    The KakaBy Bernard Hickey
    5 days ago
  • The non-woke $3 Lunch.
    I don't mind stealin' bread from the mouths of decadenceBut I can't feed on the powerless when my cup's already overfilled, yeahBut it's on the table, the fire's cookin'And they're farmin' babies, while slaves are workin'The blood is on the table and the mouths are chokin'But I'm goin' hungry, yeahSome ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Labour’s chickens come home to roost
    The Ardern Government’s chickens came home to roost yesterday with the news that the country is short of natural gas. In 2018, Labour banned offshore petroleum exploration, and industry executives say that the attendant loss of confidence by the industry impacted overall investment in onshore gas fields. Energy Resources Minister ...
    PolitikBy Richard Harman
    5 days ago
  • Calvin Reviews Lord of The Rings
    Hi,If you’ve been digging through the newly launched Webworm store (orders are being dispatched worldwide as I type!) you’ll have noticed the best model we had was Calvin.This is Calvin.Calvin.Calvin is 7, and is the son of my producer over on Flightless Bird, Rob — aka “Wobby Wob”. Rob also ...
    David FarrierBy David Farrier
    5 days ago
  • Climate Adam: How to visualise Climate Change (ft. Katharine Hayhoe)
    This video includes conclusions of the creator climate scientist Dr. Adam Levy. It is presented to our readers as an informed perspective. Please see video description for references (if any). Climate change is everywhere. And when something's everywhere it can feel like it's nowhere. So how do we get our heads ...
    5 days ago
  • The wrong direction
    Some good news on climate change today: the energy transition away from fossil fuels is picking up speed, and renewables now make up 30% of global electricity supply. Meanwhile, in Aotearoa, we're moving in the opposite direction, with Genesis Energy announcing that it will resume importing Indonesian coal. Their official ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • National hates democracy
    Its a law like gravity: whenever a right-wing government is elected, they start attacking democracy. And now, after talking to their Republican and Tory and Fidesz chums at the International Democracy Union forum in Wellington, National is doing it here, announcing plans to remove election-day enrolment. Or, to put it ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • No Tikanga Please, We're Lawyers.
    Yesterday Winston Peters focussed his attention on the important matter at hand. Tweeting. Like the former, and quite possibly next, orange POTUS, from whom he takes much of his political strategy, Winston is an avid X’er.His message didn’t resemble an historic address this time. In fact it was more reminiscent ...
    Nick’s KōreroBy Nick Rockel
    5 days ago
  • Member’s Day
    Today is a Member's Day, and it seems we've entered the slowdown as things emerge from select committee. First up is the committee stage of Greg O'Connor's Child Protection (Child Sex Offender Government Agency Registration) (Overseas Travel Reporting) Amendment Bill, which will be followed by the second readings of Stuart ...
    No Right TurnBy Idiot/Savant
    5 days ago
  • Hurrah for coal – Shane Jones welcomes Genesis Energy’s import plans as natural gas production s...
    Buzz from the Beehive A significant decline in natural gas production has given Resources Minister Shane Jones an opportunity to reiterate his enthusiasm for the mining and burning of coal. For good measure, he has praised an announcement from Genesis Energy that it will resume importing coal. He and Energy ...
    Point of OrderBy Bob Edlin
    5 days ago
  • Bryce Edwards: Following the political money
    “Follow the money” is the classic directive to journalists trying to understand where power and influence lie in society. In terms of uncovering who influences various New Zealand political parties and governments, it therefore pays to look at who is funding them. The political parties are legally obliged to make ...
    Democracy ProjectBy bryce.edwards
    5 days ago
  • A Left-Right ranking of universities in NZ: a practical guide for students and parents
    Rob MacCullough writes – Here is my subjective ranking on a “most-left” to “most-right” scale of most of our major NZ Universities, with some anecdotal (and at times amusing) evidence to back up the claim. Extreme Left   Auckland University of Technology Evidence The ...
    Point of OrderBy poonzteam5443
    6 days ago
  •  Inflation and GST thresholds
    Eric Crampton writes –  I hadn’t thought about this one until a helpful email showed up in my inbox.It’s pretty obvious that income tax thresholds should automatically index with inflation – whether to anchor the thresholds in percentiles of the income distribution, or to anchor against a real ...
    Point of OrderBy poonzteam5443
    6 days ago
  • Green Party grapples with persistent scandals
    Jacqui Van Der Kaay writes –  Parliament’s speaker had no option but to refer Green MP Julie Anne Genter to the Privileges Committee for her behaviour in the House last Wednesday evening. The incident, in which she crossed the floor to wave a book and yell at National ...
    Point of OrderBy poonzteam5443
    6 days ago
  • A law school to be avoided – Auckland University of Technology
    Gary Judd writes – The Dean of the law school at the Auckland University of Technology is someone called Khylee Quince. I have been sent her social media posting in which she has, over the LawNews headline “Senior King’s Counsel files complaint about compulsory tikanga Maori studies for ...
    Point of OrderBy poonzteam5443
    6 days ago
  • 17 people in Malaita stand in way of China’s takeover of the Solomons
    Cleo Paskal writes – WASHINGTON, D.C.: ‘Many of us have received phone calls from [the opposing camp] telling them if they join the camp they will be given projects for their wards and $300,000 [around US$35,000] each’, says former Malaita Premier Daniel Suidani. The elections in Solomon Islands aren’t ...
    Point of OrderBy Bob Edlin
    6 days ago
  • Gordon Campbell on the Hamas Ceasefire Offer, and Mark Mitchell’s Incompetence
    With hindsight, it was inevitable that (a) Hamas would agree to the ceasefire deal brokered by Egypt and Qatar and that ( b) Israel would then immediately launch attacks on Rafah, regardless. We might have hoped the concessions made by Hamas would cause Israel to desist from slaughtering thousands more ...
    6 days ago
  • Bernard’ s Dawn Chorus & Pick ‘n’ Mix for Wednesday May 8
    Placards and mourners outside the Kilbirnie Mosque following the Christchurch terror attack: MSD has terminated the Kaiwhakaoranga service, which has been used by 415 families since the attacks. Photo: Lynn GrievesonTL;DR: The Government’s pledge to only cut ‘back office’ staff rather than ‘frontline’ services is on increasingly shaky ground, with ...
    The KakaBy Bernard Hickey
    6 days ago
  • A few PT announcements
    There’s been a few smaller public transport announcements over the last week or so that I thought I’d cover in a single post. Fareshare I’ve long called for Auckland Transport to offer a way to enable employer-subsidised public transport options. The need for this took on even more importance ...
    6 days ago
  • Jacqui Van Der Kaay: Green Party grapples with persistent scandals
    Parliament’s speaker had no option but to refer Green MP Julie Anne Genter to the Privileges Committee for her behaviour in the House last Wednesday evening. The incident, in which she crossed the floor to wave a book and yell at National Minister Matt Doocey, reflects poorly on Genter and ...
    Democracy ProjectBy bryce.edwards
    6 days ago
  • At a glance – Tree ring proxies and the divergence problem
    On February 14, 2023 we announced our Rebuttal Update Project. This included an ask for feedback about the added "At a glance" section in the updated basic rebuttal versions. This weekly blog post series highlights this new section of one of the updated basic rebuttal versions and serves as a ...
    6 days ago
  • Nothing to sneer at
    Who likes being sneered at? Nobody. Worse yet, when the sneerer has their facts all wrong, and might well be an idiot.The sneer in question is The adults are in charge now, and it is a sneer offered in retort to criticism of this new Government, no matter how well ...
    More Than A FeildingBy David Slack
    6 days ago
  • Still on their bullshit
    When in government, Labour pushed to extend the Parliamentary term to four years, to reduce accountability and our ability to vote out a bad government. And now, they're trying to do it through the member's ballot, with a Four-Year Parliamentary Term Legislation Bill. The bill at least requires a referendum ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • Drawn
    A ballot for a single Member's Bill was held today, and the following bill was drawn: Public Works (Prohibition of Compulsory Acquisition of Māori Land) Amendment Bill (Hūhana Lyndon) The bill would prevent the government from stealing Māori land in breach of Te Tiriti o Waitangi. It ...
    No Right TurnBy Idiot/Savant
    6 days ago
  • A nod and a wink that will unnecessarily cost Aucklanders tens of millions per year
    Simeon Brown, alongside Wayne Brown, is favouring a political figleaf now in exchange for loading up tens of millions in extra interest costs on Auckland ratepayers. Photo: Lynn GrievesonTL;DR: Ratings agency Standard & Poor’s is pushing back hard at suggestions from Local Government Minister Simeon Brown and Mayor Wayne Brown ...
    The KakaBy Bernard Hickey
    6 days ago
  • Correcting the Corrections announcement – a fiscal farce that should bother the OECD
     Buzz from the Beehive One headline-grabber from the Beehive yesterday was the OECD’s advice that the government must bring the Budget deficit under control or face higher interest rates. Another was the announcement of a $1.9 billion “investment” in Corrections over the next four years. In the best interests of ...
    Point of OrderBy Bob Edlin
    6 days ago
  •  Like it or not, the Kiwis are either going into ‘Pillar 2’ – or they are going to China
    Chris Trotter writes –  Had Zheng He’s fleet sailed east, not west, in the early Fifteenth Century, how different our world would be. There is little reason to suppose that the sea-going junks of the Ming Dynasty, among the largest and most sophisticated sailing vessels ever constructed, would have failed ...
    Point of OrderBy poonzteam5443
    7 days ago
  • A balanced and an unbalanced article
    David Farrar writes – Two articles give a useful contrast in balance. Both seek to be neutral explainer articles. This one in the Herald on Social Investment covers the pros and cons nicely. It links to critical pieces and talks about aspects that failed and aspects that are more ...
    Point of OrderBy poonzteam5443
    7 days ago
  • Deeply unserious country
    Every bit of this seems insane. And people wonder why productivity is falling through the floor. Energy News reports that the Environment Court finally threw out Allan Crafar’s appeal against a solar farm. From the story: Consent was granted in 2022. Crafar appealed November 2022. On what grounds? That ...
    Point of OrderBy poonzteam5443
    7 days ago
  • Senior King’s Counsel files complaint about compulsory tikanga Māori studies for law students
    The tikanga regulations will compel law students to be taught that a system which does not conform with the rule of law is nevertheless law which should be observed and applied…  Gary Judd KC writes –  I have made a complaint to Parliament’s Regulation ...
    Point of OrderBy poonzteam5443
    7 days ago
  • https://www.greaterauckland.org.nz/?p=77196
    The future of Te Huia, the train between Hamilton and Auckland, has been getting a lot of attention recently as current funding for it is only in place till the end of June. The government initially agreed to a five year trial, through to April 2026, but that was subject ...
    7 days ago
  • Bernard’s pick 'n' mix for Tuesday, May 7
    TL;DR: Hamas has just agreed to Israel’s ceasefire plan. Nelson hospital’s rebuild has been cut back to save money. The OECD suggests New Zealand break up network monopolies, including in electricity. PM Christopher Luxon’s news conference on a prison expansion announcement last night was his messiest yet.Here’s my top six ...
    The KakaBy Bernard Hickey
    7 days ago
  • HM Prison Aotearoa.
    A homicide in Ponsonby, a manhunt with a killer on the run. The nation’s leader stands before a press conference reassuring a frightened nation that he’ll sort it out, he’ll keep them safe, he’ll build some new prison spaces.Sorry what? There’s a scary dude on the run with a gun ...
    Nick’s KōreroBy Nick Rockel
    7 days ago
  • Get Your Webworm Merch!
    Hi,I know it’s been awhile since there’s been any Webworm merch — and today that all changes!Over the last four months, I’ve been working with New Zealand artist Jess Johnson to create a series of t-shirts, caps and stickers that are infused with Webworm DNA — and as of right ...
    David FarrierBy David Farrier
    7 days ago
  • Top OECD economist puts Willis between a rock and a hard place
    The OECD’s chief economist yesterday laid it on the line for the new Government: bring the deficit under control or face higher Reserve Bank interest rates for longer. And to bring the deficit under control, she meant not borrowing for tax cuts. But there was more. Without policy changes—introducing a ...
    PolitikBy Richard Harman
    7 days ago

  • The Pacific family of nations – the changing security outlook
    Foreign Minister, Defence Minister, other Members of Parliament Acting Chief of Defence Force, Secretary of Defence Distinguished Guests  Defence and Diplomatic Colleagues  Ladies and Gentlemen,  Good afternoon, tēna koutou, apinun tru    It’s a pleasure to be back in Port Moresby today, and to speak here at the Kumul Leadership ...
    BeehiveBy beehive.govt.nz
    4 hours ago
  • NZ and Papua New Guinea to work more closely together
    Health, infrastructure, renewable energy, and stability are among the themes of the current visit to Papua New Guinea by a New Zealand political delegation, Foreign Minister Winston Peters says.   “Papua New Guinea carries serious weight in the Pacific, and New Zealand deeply values our relationship with it,” Mr Peters ...
    BeehiveBy beehive.govt.nz
    6 hours ago
  • Driving ahead with Roads of Regional Significance
    The coalition Government is launching Roads of Regional Significance to sit alongside Roads of National Significance as part of its plan to deliver priority roading projects across the country, Transport Minister Simeon Brown says.  “The Roads of National Significance (RoNS) built by the previous National Government are some of New Zealand’s ...
    BeehiveBy beehive.govt.nz
    12 hours ago
  • New Zealand congratulates new Solomon Islands government
    A high-level New Zealand political delegation in Honiara today congratulated the new Government of Solomon Islands, led by Jeremiah Manele, on taking office.    “We are privileged to meet the new Prime Minister and members of his Cabinet during his government’s first ten days in office,” Deputy Prime Minister and ...
    BeehiveBy beehive.govt.nz
    1 day ago
  • New Zealand supports UN Palestine resolution
    New Zealand voted in favour of a resolution broadening Palestine’s participation at the United Nations General Assembly overnight, Foreign Minister Winston Peters says.    “The resolution enhances the rights of Palestine to participate in the work of the UN General Assembly while stopping short of admitting Palestine as a full ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • Speech to the 2024 Infrastructure Symposium
    Introduction Good morning. It’s a great privilege to be here at the 2024 Infrastructure Symposium. I was extremely happy when the Prime Minister asked me to be his Minister for Infrastructure. It is one of the great barriers holding the New Zealand economy back from achieving its potential. Building high ...
    BeehiveBy beehive.govt.nz
    3 days ago
  • $571 million for Defence pay and projects
    Defence Minister Judith Collins today announced the upcoming Budget will include new funding of $571 million for Defence Force pay and projects. “Our servicemen and women do New Zealand proud throughout the world and this funding will help ensure we retain their services and expertise as we navigate an increasingly ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Climate change – mitigating the risks and costs
    New Zealand’s ability to cope with climate change will be strengthened as part of the Government’s focus to build resilience as we rebuild the economy, Climate Change Minister Simon Watts says. “An enduring and long-term approach is needed to provide New Zealanders and the economy with certainty as the climate ...
    BeehiveBy beehive.govt.nz
    4 days ago
  • Getting new job seekers on the pathway to work
    Jobseeker beneficiaries who have work obligations must now meet with MSD within two weeks of their benefit starting to determine their next step towards finding a job, Social Development and Employment Minister Louise Upston says. “A key part of the coalition Government’s plan to have 50,000 fewer people on Jobseeker ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Accelerating Social Investment
    A new standalone Social Investment Agency will power-up the social investment approach, driving positive change for our most vulnerable New Zealanders, Social Investment Minister Nicola Willis says.  “Despite the Government currently investing more than $70 billion every year into social services, we are not seeing the outcomes we want for ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Getting Back on Track
    Check against delivery Good morning. It is a pleasure to be with you to outline the Coalition Government’s approach to our first Budget. Thank you Mark Skelly, President of the Hutt Valley Chamber of Commerce, together with  your Board and team, for hosting me.   I’d like to acknowledge His Worship ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • NZ – European Union ties more critical than ever
    Your Excellency Ambassador Meredith,   Members of the Diplomatic Corps and Ambassadors from European Union Member States,   Ministerial colleagues, Members of Parliament, and other distinguished guests, Thank you everyone for joining us.   Ladies and gentlemen -    In diplomacy, we often speak of ‘close’ and ‘long-standing’ relations.   ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Therapeutic Products Act to be repealed
    The Therapeutic Products Act (TPA) will be repealed this year so that a better regime can be put in place to provide New Zealanders safe and timely access to medicines, medical devices and health products, Associate Health Minister Casey Costello announced today. “The medicines and products we are talking about ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Decisions on Wellington City Council’s District Plan
    The Minister Responsible for RMA Reform, Chris Bishop, today released his decision on twenty recommendations referred to him by the Wellington City Council relating to its Intensification Planning Instrument, after the Council rejected those recommendations of the Independent Hearings Panel and made alternative recommendations. “Wellington notified its District Plan on ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Rape Awareness Week: Government committed to action on sexual violence
    Rape Awareness Week (6-10 May) is an important opportunity to acknowledge the continued effort required by government and communities to ensure that all New Zealanders can live free from violence, say Ministers Karen Chhour and Louise Upston.  “With 1 in 3 women and 1 in 8 men experiencing sexual violence ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Smarter lunch programme feeds more, costs less
    Associate Education Minister David Seymour has today announced that the Government will be delivering a more efficient Healthy School Lunches Programme, saving taxpayers approximately $107 million a year compared to how Labour funded it, by embracing innovation and commercial expertise. “We are delivering on our commitment to treat taxpayers’ money ...
    BeehiveBy beehive.govt.nz
    5 days ago
  • Report provides insights into marine recovery
    New research on the impacts of extreme weather on coastal marine habitats in Tairāwhiti and Hawke’s Bay will help fishery managers plan for and respond to any future events, Oceans and Fisheries Minister Shane Jones says. A report released today on research by Niwa on behalf of Fisheries New Zealand ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • NZ to send political delegation to the Pacific
    Deputy Prime Minister and Foreign Minister Winston Peters will lead a broad political delegation on a five-stop Pacific tour next week to strengthen New Zealand’s engagement with the region.   The delegation will visit Solomon Islands, Papua New Guinea, Vanuatu, New Caledonia, and Tuvalu.    “New Zealand has deep and ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Low gas production threatens energy security
    There has been a material decline in gas production according to figures released today by the Gas Industry Co.  Figures released by the Gas Industry Company show that there was a 12.5 per cent reduction in gas production during 2023, and a 27.8 per cent reduction in gas production in the ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Defence industry talent, commitment recognised
    Defence Minister Judith Collins tonight announced the recipients of the Minister of Defence Awards of Excellence for Industry, saying they all contribute to New Zealanders’ security and wellbeing. “Congratulations to this year’s recipients, whose innovative products and services play a critical role in the delivery of New Zealand’s defence capabilities, ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to the Minister of Defence Awards of Excellence for Industry
    Welcome to you all - it is a pleasure to be here this evening.I would like to start by thanking Greg Lowe, Chair of the New Zealand Defence Industry Advisory Council, for co-hosting this reception with me. This evening is about recognising businesses from across New Zealand and overseas who in ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Speech to the Sixth Annual New Zealand Government Data Summit
    It is a pleasure to be speaking to you as the Minister for Digitising Government.  I would like to thank Akolade for the invitation to address this Summit, and to acknowledge the great effort you are making to grow New Zealand’s digital future. Today, we stand at the cusp of ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Ceasefire agreement needed now: Peters
    New Zealand is urging both Israel and Hamas to agree to an immediate ceasefire to avoid the further humanitarian catastrophe that military action in Rafah would unleash, Foreign Minister Winston Peters says.   “The immense suffering in Gaza cannot be allowed to worsen further. Both sides have a responsibility to ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Daily school attendance data now available
    A new online data dashboard released today as part of the Government’s school attendance action plan makes more timely daily attendance data available to the public and parents, says Associate Education Minister David Seymour.  The interactive dashboard will be updated once a week to show a national average of how ...
    BeehiveBy beehive.govt.nz
    6 days ago
  • Ambassador to United States appointed
    Foreign Minister Winston Peters has announced Rosemary Banks will be New Zealand’s next Ambassador to the United States of America.    “Our relationship with the United States is crucial for New Zealand in strategic, security and economic terms,” Mr Peters says.    “New Zealand and the United States have a ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New permit proposed for recreational gold mining
    The Government is considering creating a new tier of minerals permitting that will make it easier for hobby miners to prospect for gold. “New Zealand was built on gold, it’s in our DNA. Our gold deposits, particularly in regions such as Otago and the West Coast have always attracted fortune-hunters. ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • NZ and the UAE launch FTA negotiations
    Minister for Trade Todd McClay today announced that New Zealand and the United Arab Emirates (UAE) will commence negotiations on a free trade agreement (FTA). Minister McClay met with his counterpart UAE Trade Minister Dr Thani bin Ahmed Al Zeyoudi in Dubai, where they announced the launch of negotiations on a ...
    BeehiveBy beehive.govt.nz
    7 days ago
  • New Zealand Sign Language Week an opportunity for anyone to sign
    New Zealand Sign Language Week is an excellent opportunity for all Kiwis to give the language a go, Disabilities Issues Minister Louise Upston says. This week (May 6 to 12) is New Zealand Sign Language (NZSL) Week. The theme is “an Aotearoa where anyone can sign anywhere” and aims to ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Next stop NASA for New Zealand students
    Six tertiary students have been selected to work on NASA projects in the US through a New Zealand Space Scholarship, Space Minister Judith Collins announced today. “This is a fantastic opportunity for these talented students. They will undertake internships at NASA’s Ames Research Center or its Jet Propulsion Laboratory (JPL), where ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • $1.9 billion investment to keep NZ safe from crime
    New Zealanders will be safer because of a $1.9 billion investment in more frontline Corrections officers, more support for offenders to turn away from crime, and more prison capacity, Corrections Minister Mark Mitchell says. “Our Government said we would crack down on crime. We promised to restore law and order, ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • OECD reinforces need to control spending
    The OECD’s latest report on New Zealand reinforces the importance of bringing Government spending under control, Finance Minister Nicola Willis says. The OECD conducts country surveys every two years to review its members’ economic policies. The 2024 New Zealand survey was presented in Wellington today by OECD Chief Economist Clare Lombardelli.   ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Agreement delivers Local Water Done Well for Auckland
    The Government has delivered on its election promise to provide a financially sustainable model for Auckland under its Local Water Done Well plan. The plan, which has been unanimously endorsed by Auckland Council’s Governing Body, will see Aucklanders avoid the previously projected 25.8 per cent water rates increases while retaining ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Gaza and the Pacific on the agenda with Germany
    Foreign Minister Winston Peters discussed the need for an immediate ceasefire in Gaza, and enhanced cooperation in the Pacific with German Foreign Minister Annalena Baerbock during her first official visit to New Zealand today.    "New Zealand and Germany enjoy shared interests and values, including the rule of law, democracy, respect for the international system ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Decision allows for housing growth in Western Bay of Plenty
    The Minister Responsible for RMA Reform, Chris Bishop today released his decision on four recommendations referred to him by the Western Bay of Plenty District Council, opening the door to housing growth in the area. The Council’s Plan Change 92 allows more homes to be built in existing and new ...
    BeehiveBy beehive.govt.nz
    1 week ago
  • Speech to New Zealand China Council
    Thank you, John McKinnon and the New Zealand China Council for the invitation to speak to you today.    Thank you too, all members of the China Council. Your effort has played an essential role in helping to build, shape, and grow a balanced and resilient relationship between our two ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Modern insurance law will protect Kiwi households
    The Government is modernising insurance law to better protect Kiwis and provide security in the event of a disaster, Commerce and Consumer Affairs Minister Andrew Bayly announced today. “These reforms are long overdue. New Zealand’s insurance law is complicated and dated, some of which is more than 100 years old. ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Government recommits to equal pay
    The coalition Government is refreshing its approach to supporting pay equity claims as time-limited funding for the Pay Equity Taskforce comes to an end, Public Service Minister Nicola Willis says.  “Three years ago, the then-government introduced changes to the Equal Pay Act to support pay equity bargaining. The changes were ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Transforming how our children learn to read
    Structured literacy will change the way New Zealand children learn to read - improving achievement and setting students up for success, Education Minister Erica Stanford says.  “Being able to read and write is a fundamental life skill that too many young people are missing out on. Recent data shows that ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • NZ not backing down in Canada dairy dispute
    Trade Minister Todd McClay says Canada’s refusal to comply in full with a CPTPP trade dispute ruling in our favour over dairy trade is cynical and New Zealand has no intention of backing down. Mr McClay said he has asked for urgent legal advice in respect of our ‘next move’ ...
    BeehiveBy beehive.govt.nz
    2 weeks ago
  • Stronger oversight for our most vulnerable children
    The rights of our children and young people will be enhanced by changes the coalition Government will make to strengthen oversight of the Oranga Tamariki system, including restoring a single Children’s Commissioner. “The Government is committed to delivering better public services that care for our most at-risk young people and ...
    BeehiveBy beehive.govt.nz
    2 weeks ago

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