23:11 Boris Johnson says he will not run for British Prime Minister.

17:35 Police are praising the honesty of a person who has handed in many thousands of dollars, found on an Auckland street on the weekend.

16:35 Homeless man Daniel Bindner, whose dismembered body was found in a recycling plant, may have sheltered in a bin of cardboard for warmth.

16:34 Welcome news for online shoppers as the Government holds off on taxing low-value imports such as books and makeup bought from overseas.

15:43 Auckland Council has formally signed off its next budget, setting an average rates increase of 2.4%.

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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