05:08 Two people have been seriously injured in a car crash on State Highway One north of Taihape around 1.30 this morning.

05:07 British Prime Minister David Cameron has been put on notice by MPs within his own party that he will face a leadership challenge after the EU referend

05:06 Ryan Hunter-Reay (ray) is the early leader in this morning's 100th running of the Indy 500 ... kiwi Scott Dixon's currently in 12th place.

05:05 Lewis Hamilton's celebrating his first Formula One win in 2016 after taking the chequered flag in Monaco.

04:47 A 3.9 earthquake's struck in Eastern Bay of Plenty, just hours after another tremor in the South Island. It was near Te Kaha just before 9pm.

Sun, 15 Aug 2010

Nouriel Roubini, the US economist who Wall Street famously labelled as 'Dr Doom'

Nouriel Roubini, Professor of Economics at New York University's Stern School of Business, who Wall Street famously labelled as 'Dr Doom,' established his legendary status with his prescient warnings in 2006 that the U.S. was on the verge of a huge financial crisis.... In his latest book "Crisis Economics" which set for release later this month (Aug), he shows how we will all have to learn how to grapple with the inherent instability of the global financial system but more importantly, he explains what the global economy is going to have to do to get itself out of the mess that it's now in.

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