News, sport and weather.
Main stories:
KZ7’s do or die race in the America’s Cup Challenger Series against Stars and Stripes has been delayed because there was a false start.
The Employers Federation says any general wage adjustment would cause the Government’s economic policies to collapse. The Federation of Labour (FOL) is demanding an immediate wage top up across the board, to make up for the high rate of inflation. Speakers: Jim Knox (FOL), Jim Rose (Employers’ Federation).
West German financial adviser Max Raepple, who is at the centre of the Maori loan affair, says he’ll sue the Prime Minister David Lange unless he receives a satisfactory response from him before he leaves the country tomorrow. Raepple wanted to meet Lange today, but Lange’s office wanted to see his credentials first. Speaker: Max Raepple (German Financial Adviser)
The battered Cook Islands are preparing for another tropical cyclone, the second in three weeks.
In Beirut a West German businessman has been taken hostage by extremist gunmen.
Other stories:
In Afghanistan a Government peace offer has been turned down by the country’s rebel faction.
The New Zealand sharemarket appears to be reflecting a loss of confidence in the New Zealand challenge for the America’s Cup. Challenge Chairman Michael Fay’s company Capital Market's share price has fallen further today.
Christchurch will remain the support base for the United States Antarctic programme. There has been speculation that the Deep Freeze operation would be moved to Hobart because of the ANZUS rift, but one of its top officials says the Americans aren’t considering a change. Speaker: Dr Peter Wilkniss (US National Science Foundation).
A new rail service has been introduced on the South Island main trunk line from Picton to Christchurch. Travellers are being offered what is called the “Connoisseurs Express”, a bid to woo customers back to rail. Speaker: Stephen Greenfield (Globetrotter Tours).
Sport:
If KZ7 does bow out of the America’s Cup the New Zealand syndicate wants to help the Australians, yet no-one is quite sure how. The Kookaburra syndicate says they’ll welcome any expertise the Kiwis have to offer. Speakers: Iain Murray (Skipper, Kookaburra III), Warren Jones (Exec Director Australia IV), Robert Hopkins (Coach, Stars and Stripes).
Kelly Evernden is through to the final 16 at the Australian Tennis Open, while Belinda Cordwell has been busy there. Other results.
Australia vs England one day cricket highlights.
The New Zealand women’s cricket team have gone one up in the one day series against Australia.
Shell Trophy cricket scores.
Barclay’s New Zealand St Leger horse race results from Trentham. Speaker: Jim Gibbs (Trainer), Lance O’Sullivan (Jockey).
National Flying Disc Championship at Wellington.
Weather.