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News and Current Affairs.
Main Stories:
The Government is under pressure to bring down the exchange rate. The effects of the high dollar on primary industry and exporters is examined. Speakers: David Frith (Chairman, Meat Board), Jim Graham (Chairman, Dairy Board), Murray Gough (Chief Executive, Dairy Board), Brian Service (Dairy Board Rep, USA).
Hugh Fletcher made headlines over the weekend with a gloomy prognosis for the year ahead. Fletcher is interviewed. Speaker: Hugh Fletcher (Chief Executive, Fletcher Challenge).
Huntly miners are re-visited a year after they were laid off by Coalcorp. The consequences have been disastrous for the town as it now has the highest unemployment rate in the country. Speakers: John Perham (Coalcorp Chairman), Doug Morris (Huntly Businessmen’s Assn), Thomas Hohapata (Former Miner), Barry Quail (Huntly Development Agency).
The Government has announced that the sale of Petrocorp to British Gas has been called off. Jim Bolger is interviewed. Speaker: Jim Bolger (Leader of the Opposition).
Other Stories:
The Government has decided to not go ahead with the sale of Petrocorp as it is not prepared to comply with a long list of British Gas demands. Speaker: Richard Prebble (Minister of State Owned Enterprises).
In Parliament tonight the Opposition tried to force a vote on the sale of New Zealand assets to overseas interests to see if Labour’s left wing MPs would vote against the Government. The ploy failed, but Sydenham MP Jim Anderton said that when National votes against privatising assets he will vote with them.
Trade unions took their strongest action yet against the State Sector Bill with primary teachers from selected schools going out on strike, and further action planned. State Sector Minister Stan Rodger says the action won’t work and the unions are talking tripe.
Doctors say it is only a matter of time before babies with HIV/AIDS are born in this country. They report more women are carrying the virus.
Israeli Prime Minister Yitzhak Shamir has warned that overseas television crews may be banned from covering the riots by Palestinians in the occupied territories.
The South African Government is planning new steps against anti-apartheid groups. The move follows the detention of more than 100 clergy, including Archbishop Desmond Tutu.
In Northern Ireland two IRA guerillas were blown up when a bomb they were handling exploded prematurely.
New Zealand top fashion designers have been showing their stuff in the Benson and Hedges Fashion Awards.
On the share market the Barclays Index rose 20 points following rises on Wall Street and in Japan.
Worldwatch:
In South Africa churches are stepping up their opposition to apartheid. Today church leaders there were arrested during a protest march. Archbishop Desmond Tutu is also interviewed. Speaker Archbishop Desmond Tutu (Anglican Church).
US Secretary of State George Shultz returned to Israel today hoping to establish a Middle East peace plan. Meanwhile the violence on the West Bank continues.