For foreign exchange traders, there is nothing more interesting than speculating on central bank policies. Changing interest rates obviously have an effect on exchange rates so traders need to follow the moves of the Federal Reserve, the European Central Bank, the Bank of Japan and sometimes even the Reserve Bank of New Zealand with interest. Read more

It was an unfortunate coincidence that earlier this week two interviews were published almost at the same time that demonstrated the schism between European wishful thinking and Europe’s not-so-wishful reality. Speaking to German conservative broadsheet Welt am Sonntag, EU Commission President Jean-Claude Juncker called for a common European army. Read more

It is fair to say that New Zealand and Portugal are not particularly close nations. Yes, there were a few Portuguese whalers in 19th century New Zealand but according to the latest census the NZ Portuguese population is estimated to be just under 1,000 people -- or roughly 0.02 per cent of the total population. Read more

As widely reported this week, Auckland Council’s economic development arm has created a posting for one of its senior executives in London. Costing ratepayers a total of $230,000 over the course of a year, the city’s new ambassador Grant Jenkins is meant to promote better links between Auckland and London. Read more

It was more than a little bizarre when news broke on early Saturday morning that Greece and the eurozone had reached an agreement in their dispute over the country’s debt and bailout program. What was so strange about the deal was the fact that it was announced much earlier than anyone had anticipated. Read more

Even if you have been closely following the euro crisis, you would still be astonished by recent developments. The dramatic stand-off between the Greek Government and the rest of Europe is something we have not seen before. Read more

For anyone who has recently travelled abroad, the pleasure of coming home to New Zealand is spoilt by an unpleasant observation. We have become one of the most expensive places on earth. Read more

Wellington has little to gain and a lot to lose by opting for a super-city, argues Oliver Hartwich. New Zealand’s local government units are typically already large by international standards. Read more

Australian politics always enjoys a reputation for being just a little more vicious than elsewhere. You only need to think of the way in which Abbott’s Labor predecessors Kevin Rudd and Julia Gillard fought each other between 2008 and 2014. Read more

When Greek Finance Minister Yanis Varoufakis visited his German counterpart Wolfgang Schäuble in Berlin last week, there was a telling scene at their joint press conference. Schäuble, in trying to keep a diplomatic semblance of harmony despite the fundamental disagreements between the two governments, claimed that they had “agreed to disagree”. Read more

Abel Tasman beach is not only a beautiful South Island spot. It also shows us the beauty of property rights. Read more

There are many things one might accuse the new Greek government of: scaring investors, breaching diplomatic protocol or rather odd sartorial choices. In fact, new finance minister Yanis Varoufakis has ticked all those boxes in his first week in office. Read more