News and Current Affairs.
Main Stories:
The editor of the British magazine “The Economist”, Rupert Pennant-Rea, is in New Zealand. Today he visited Prime Minister David Lange and Finance Minister Roger Douglas.
A CBS report on the perilous state of the United States economy.
Pennant-Rea is interviewed in studio and shares his views on the American and New Zealand economies.
Native bird species in New Zealand are increasingly endangered. Speakers: Peter Wilson (DSIR Biologist), Basil Graeme (Royal Forest & Bird Protection Society), Kath Walker (Department of Conservation), Alan Saunders (Scientist), Jacqueline Beggs (Researcher), Gerry McSweeny (Royal Forest & Bird),
A report about how the Soviet leadership is changing their stance towards organised religion under Glasnost.
Other Stories:
More than 150,000 New Zealanders are unemployed according to the latest Household Survey. The Survey also shows that 60,000 jobs have disappeared over the last year due to downturns in some industries. Speaker: Phil Goff (Minister of Employment).
Finance markets in New Zealand and around the world were shaken today by growing concern about the American economy.
More financial news.
Pakistan election results.
In Fiji the controversial internal security decree has been suspended.
The Government still hasn’t decided what will happen to hundreds of low interest farm mortgages when it privatises the Rural Bank next year. Speaker: Murray Bolton (General Manager, Rural Bank).
The Government is suggesting that banks and lending institutions should be made liable for the restitution of bad debts, in a bid to encourage more responsible lending practices. Speakers: Phillip Woollaston (Acting Justice Minister), James Austin (mortgage Lenders’ Association).
Fletcher Challenge’s Chief Executive has told two Native American Indian Chiefs that he won’t take action to stop the company’s Canadian subsidiary from logging their traditional homeland. Speaker: Chief Ruby Dunston (Lytton Tribe), Hugh Fletcher (Fletcher Challenge).
Stalled pay claims are brining industrial problems around the country. Rolling strikes by watersiders are expected to continue, dairy workers may go out again and the New Zealand Herald is the latest daily to be affected by newspaper industry strikes.
New Zealand has lost the first cricket test in India.
President Reagan had his last meeting in office with Margaret Thatcher.
Maori news summary.