Author: ANews

New Zealand slips into its second recession in 18 months as economy contractsMarch 20, 2024 at 5:55 PMWELLINGTON, New Zealand (AP) — New Zealand has entered its second recession in 18 months after the latest round of GDP figures confirmed its economy contracted in the last quarter of 2023.The country's economy shrank by 0.1% in the quarter to December, and 0.7% in per capita terms, the New Zealand's official statistics agency, Stats NZ, announced on Thursday.The latest slip follows a 0.3% contraction in the September quarter, which fulfils the technical definition of a recession. It is New Zealand’s second recession…

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New Zealand Becomes the Latest Country to Crack Down on Disposable VapesChad de GuzmanMarch 20, 2024 at 10:03 AMAfter scrapping a plan several months ago to ban people born after 2008 from buying tobacco cigarettes, the New Zealand government on Wednesday announced a total ban on single-use e-cigarettes—also known as disposable vapes—and said it will increase the fines on retailers selling cigarettes and vapes to those under 18, in the country’s latest approach to discourage smoking among youth.“The rapid rise in youth vaping has been a real concern for parents, teachers, and health professionals,” Associate Health Minister Casey Costello said…

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