Word: auckland
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...heading toward a "Banana republic" rate of 10% of gdp puts enormous pressure on the Kiwi dollar. A place that boasts the lowest jobless rate among rich nations can neither hold on to its best people nor save enough to fund its lifestyle. Sometimes the lights go out in Auckland...
...books." Driving from place to place, often without hotel reservations, the daughters set a frantic pace. Although Michael kept up, it was sometimes a struggle for him. Still, he adored the trip. At a nature preserve in Australia, he let a huge python wrap itself around his neck. In Auckland, New Zealand, he sipped espresso and watched in amazement as thrill seekers, attached by wires, leaped from the Sky Tower--the tallest structure in the southern hemisphere--in what is called a controlled BASE jump. At the trip's end, he thanked his daughters profusely and, eyes twinkling, said...
...myself to come this far." In the rarefied world of the America's Cup, genuine underdogs don't come along very often. Only once has the Cup ever been won by a first-time challenger. That happened in 2003, when the Swiss Team Alinghi defeated Team New Zealand in Auckland, bringing the cup to Europe for the first time since a U.S. boat won the Auld Mug, in a race off the Isle of Wight back in 1851. Africa's yachting tradition is limited, to put it kindly. Though sailors in eastern and western Africa skillfully navigate the seas...
...Around 1 million New Zealanders - almost another Auckland - are thought to be living overseas. Ross McConnell, chief executive of the not-for-profit Kiwi Expat Association (KEA) is trying to get his fellow citizens to think of New Zealand as a "globally connected nation of 5 million people, rather than as an isolated country of 4 million people." Last week McConnell launched an online global census (www.everyonecounts.co. nz) to find out more about those missing Kiwis. "Knowing more about this community will have practical benefits, and will help us better define ourselves as a nation," he says. Since...
March 7 was census day for 4 million New Zealanders. While much of the talk around Auckland last week was about ethnic identity and a festival of sport, there was also bright buzz around news of a business deal. The $NZ700 million purchase by Australian media company Fairfax of local online auction site Trade Me had a number of sweet elements. Founder Sam Morgan, 30, a university dropout, was about to become one of the country's wealthiest people. Fairfax's new Sydney-based boss, David Kirk, is a former captain of the All Blacks. And if it seemed almost...