Episode Transcript
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Speaker 1 (00:01):
The issues, the interviews and the insight. Ryan Bridge on
earlier show with One Root Love where You Live News Talk, said,
be good.
Speaker 2 (00:10):
Morning six after five. There's another oil meeting in Wellington
this morning. Will be across that before six the UK
Defense secretaries talking about defending the strait of Hormuz vincent
in London for us on that homegrown this weekend in Hamilton,
not Wellington, and we'll look at this gas supply report to.
Speaker 1 (00:27):
The agenda.
Speaker 2 (00:27):
It is Friday. In the filing to march Jaran's new leader.
This is the first statement from him. Will keep the
straight blocked as long as we can, basically is the message.
He's injured, so his words were read out on State
TV as Supreme Leader.
Speaker 3 (00:40):
Also found condolences to the people who have lost their
loved ones during the war, and he emphasized that the
damages will be compensated and their crime against the humanity
and against the children like what.
Speaker 2 (01:00):
And then may not but not be ignored. Yeah, on
those children the school strike, the Americans say they might
have done it, but it would have been an exte
says that we're investigating that.
Speaker 4 (01:09):
We of course never target civilian targets, but we're taking
a look at investigating that.
Speaker 2 (01:14):
Meanwhile, in the UK, starers stuck in the sorry mode.
Speaker 5 (01:17):
I made a mistake in appointing Peter Mundelson. I'd let
me follow that up swiftly as I've done before, but
I need to do it again with an apology to
the victims of Epstein.
Speaker 2 (01:29):
How many times do you say? Sorry? Finally, this morning,
for six years girl greug, the Pussycat Dolls have announced
that they will reunite as a trio for a new
single and a world tour. Who's not going to that?
Kensy's going?
Speaker 6 (01:47):
Aren't you?
Speaker 2 (01:47):
Kinsey? Nicole Scherzinger, Ashley Roberts and Kimberly White. You only
know one of those names because he's only one that's famous.
They've released a new track, a club song, and we'll
kick off a string of live shows in June.
Speaker 1 (02:02):
Get ahead of the headlines on Early Edition with Ryan
Bridge and One roof Love, Where You Live, News Talks Edbu.
Speaker 2 (02:11):
Talksb It's just got eight minutes after five. Great to
have your company. Who's going to homegrown this weekend? Sounds
like it'd be a bit of fun. Hey yesterday, Well,
actually this week we've had a few things going on him.
We've had a little bit on and Winston Peters was
on My Herald show on Wednesday saying, oh, this will
all be over before people think. And then yesterday I
spoke to Al Gillespie. He's quite good. Al. He's saying that, no,
(02:35):
that's nuts. This thing is not going to wrap up soon.
And the problem is, you've got it's not just America
that is involved in this war. It's also Israel, and
it's also a run and they have a vote in
this too, So the war will not be over when
Donald Trump says it's over. And even once it's over,
how do you get the straight open. That's the big
(02:55):
problem that everyone's talking about. So overnight the International Energy Agency,
this is the group that including US, that released all
the strategic reserves yesterday and then the price kept going
up anyway, that group, well they've come out and said
this is the biggest ever disruption to global energy markets ever,
which is quite a big call to make. So as
(03:15):
I say, price still going up and overnight's still going
up again. Brent crude futures above one hundred dollars a barrel,
West Texas up eight percent to ninety four dollars Iran
keeps hitting the cargo ships and the tankers in the strait.
So when does this thing end? Well, I mean, how
long is a piece of string really? If you zoom out.
In the US, crude futures for April delivery now up
(03:37):
more than thirty seven percent from February, since before the
conflict began. Brent crude is thirty five percent higher than
before the bombing. That's your latest ten AUF to five,
Bryan Bridge. So from oil to Gas we'll talk about
that report and what it means for Method X and
what it means for the Maui gas field. Next, News
Talk zed Beach on.
Speaker 1 (03:59):
Your readio and online on iHeartRadio early edition with Ryan
Bridge and one Root Love where you Live.
Speaker 2 (04:07):
News talks had been twelve past five. Remember the health
data breaches? Do you even remember that? That was two
weeks ago? Now, the health data breaches? And I was
thinking this morning, you don't really get get a lot
of health stuff, but you don't want to get a
lot of bank data breaches, except if you're in the
UK right now, customers using Lloyd's, Halifax and Bank of
Scotland if you have the app on your phone, those
(04:30):
customers were able to see other customers transactions. I know,
it doesn't sound particularly great, does it. One woman says
she could see six different users and tell what they
were doing with their money. Another person said, I can
see someone got paid six thousand pounds yesterday and had
their national insurance numbers that had benefit payments in there.
(04:50):
One woman freaked out because she thought she was given
one million pounds deposited into her account, but it was
just showing one million pounds deposited into someone else. This
is account. So that was a bad day. Well good
and bad day for her. I suppose anyway, Banks is
sorry and we've fixed it. GUTWC report the Maui gas
field could run dry by twenty twenty seven. Meth and
(05:13):
X this is Tatanaki, largest gas user in the country,
could shut early next year. Report was done for the
Gas Industry Company. Basically says we're on the road to
running out of natural stuff. Mike Casey rewiring alted oh
CEO with me this morning morning.
Speaker 7 (05:26):
Mike, Good morning, Ryan. What wait to pick off a Friday?
Speaker 2 (05:29):
Hey? What do you does this tell us anything? We
don't know, I mean, we know, we kind of know
we're running short on gas. Don't we.
Speaker 7 (05:36):
I mean, I think this report basically tells us that
the solution from the gas industry is more gas, and
in reality, we need to figure out how to get
New Zealanders off gas as fast as we can.
Speaker 2 (05:46):
But they have a point, don't they, That there's this
turning point in the twenty thirties where we've got lots
of demands still manufacturing, petrochemicals, food production. You can't transition overnight.
Speaker 7 (05:59):
It's going to be a tough transition. But I think
the main thing is we have to look at what's
in the best interests of everyday New Zealanders, and that's
certainly going to be getting them off gas.
Speaker 6 (06:07):
I think they're.
Speaker 7 (06:08):
Overestimating the amount of demands that is going to be
for there is going to be four gas and obviously
trying to justify energy gas terminals and things like that.
But the real short answer here is that gas is
a really expensive, inefficient technology, especially in our homes, and
the more that we can do to electrify those homes,
get our hot water off gas, get our spatial heating
off gas, and get our cooking off gas, the better
(06:30):
it's going to be for New Zealanders.
Speaker 2 (06:31):
And where do we get the electricity from So.
Speaker 7 (06:35):
This is one of the big things, right you're referring
heads to the dry year in particular. Yeah, yes, So
we need to look at very seriously at the energy
system of New Zealand and how do we build out
the cheapest and basically the most affordable energy system we can.
I believe that's certainly a rollout of renewables. And when
you look at the renewables that are in the pipeline now,
I think the dry your problem is largely going to
(06:56):
solve itself provided we make sure that the renewables that
are cone entered and are looking to be built R
and D built and they're built quite quickly.
Speaker 2 (07:03):
But even if you look at the most renewable you
know as solar in Europe, et cetera, I mean, there
are times when, as everybody says, the wind doesn't blow,
the sun doesn't shine, the rain doesn't fall, et cetera.
Speaker 7 (07:16):
It's a classic fossil fuel industry line, isn't it. But
you know, if it doesn't rain and the sun doesn't shine,
you're usually in a pretty interesting situation. I think with
the weather, the long story shortness we have, we have
these amazing hydro dams that are great batteries, and when
we're looking about seasonal shortages, we're always going to have
sun throughout the season, and so one of the big
(07:37):
things we can do really is generate more energy, more
electricity through renewables, so that we can drain those dams
a little bit less and ultimately hold onto our water
for longer and make our system way more secure.
Speaker 2 (07:49):
At what date, on what date will we have enough
renewable energy to power the entire country, including all of
the aforementioned you know, private sector stuff that needs to
be taken care of.
Speaker 7 (08:03):
That is something that's going to be quite difficult to answer,
and I think there may always be the need for
a small amount of fossil fuels for that backup. For
the last a five ten percent of our energy system
doesn't really need.
Speaker 8 (08:16):
To be gas.
Speaker 7 (08:17):
I think we've been burning gas in our electricity system
because it's been there and it's been convenient to do so.
We have other fossil fuels in New Zealand as well,
like diesel and coal, And our argument really is it's
roll out renewables. Let's be pragmatic though, make sure that
at the end of it that if we do start
to get into a situation where we run out more
than that we should use the We should use the
fossil fuels that we already import to make sure that
(08:39):
we keep the lights on and keep our economy going.
Speaker 2 (08:41):
All right, might appreciate your time. Mike case Is CEO
of rewiring ALT do thoughts on that nine two nine
two Newstalk z'd be homegoing.
Speaker 1 (08:50):
Next, News and Views you Trust to start your day.
It's early edition with Bryan Bridge and One Room Love
Where you Live.
Speaker 2 (09:00):
Talk'd be five nineteen and we're going to bring back
the Muldoon era Carla's days Well. Shane Jones was asked
about it last night.
Speaker 8 (09:06):
Kiwi's expect their government to be proactive. Kiwi's expect us
to deal with the fact that other countries are holding
their fuel. They're introducing export restrictions. So what we need
to do is ensure that we've exhaustively looked at every option,
so if things do deteriorate, if we make decisions, they're
(09:27):
made on the basis of quality information.
Speaker 2 (09:30):
No, there you go. They are looking, they're getting advice
on it, but it's not currently one of the active
options that they are going to push the button on,
so we don't need to freak out just yet. Five
nineteen Ryan Bread Home Ground Festival is back, but it's
forgotten its roots to some fam Tomorrow cats off in Hamilton,
(09:53):
Goodbye Wellington hosts thousands of hunters, seven stages, forty Kiwi
music acts. That'sy six sixty. These guys lab Sons designed
the little be there. Andrew Tuck is the Homegroun Festival
founder with us this morning, morning Andrew, Good morning Brian.
How are you yeah good? You're ready to go for tomorrow?
Speaker 6 (10:10):
Oh mate, we are. We're amped and readies again.
Speaker 2 (10:12):
My friend. What's the lineup looking like this year?
Speaker 9 (10:16):
I would say it would be the strongest line up
we've ever put together. We've we've some men, managed to
secure some some pretty good acts like you know, Group
Super Groove and Flo My Pretties are coming back. It's
pretty special and heading in with Hallow Sailor fifty years
in the making. I mean, we've got the young and
we've got the new, we've got the old. It's pretty exciting.
Speaker 2 (10:36):
And are you glad you're not in Wellington?
Speaker 6 (10:41):
We're some beautiful weather at Hamilton. It has been so nice.
I'm pretty happy.
Speaker 3 (10:46):
Pick.
Speaker 9 (10:47):
The people on the ground have been complaining our hot
of this, so yeah, I'm pretty happy to be a
beback home.
Speaker 2 (10:53):
What are the numbers looking like for you so far, Andrew?
Ticket sales wise.
Speaker 6 (10:58):
They're looking really good. Actually, they're looking really good.
Speaker 9 (11:00):
We're we're on trajectory to do what we're trying to do,
so yeah, let's hope we can get to there at
the end.
Speaker 2 (11:07):
You're going to make some money, well, tess.
Speaker 6 (11:10):
Sir, that's the goal.
Speaker 9 (11:11):
I'm not quite sure if we're ever going to make
money at the end and events, you know, prices keep
going up on things and everything keeps happening, but we'll
do the best for care.
Speaker 2 (11:18):
I'm going to ask you about that. The situation within
the Middle East. You know, the air fear is going up,
You've got petrol going up, diesel going up, all that
sort of stuff. Does it have an impact on your
years or is that something for a worry for another day?
Speaker 4 (11:31):
Oh?
Speaker 6 (11:32):
Look, I think they'd be worried for another day.
Speaker 9 (11:34):
You know, we're pretty fortunate that everybody, if we've got
is local, so they're a flying or driving and that's
already been locked in and done.
Speaker 6 (11:42):
So yeah, I think those sort of impactsful, we'll roll
through probably.
Speaker 9 (11:46):
Twelve months of time and hopefully by then it's all
over and we're not dealing with it.
Speaker 2 (11:49):
Great to have a festival that just keeps going. I
know you've moved cities, but you know you're still going.
And I know Woe Matter is coming back, but Splor's
closing down. What how do you keep one running and
make sure that you're not having to throw it on
the bin because of the cost.
Speaker 9 (12:04):
Oh look, it gets harder and harder, and I'm not
going to ale about that. You know, costs and everything
keep going up, and there's only so much you can
charge for a ticket, so.
Speaker 6 (12:12):
You know, the bit in the middle just keeps getting
smaller and smaller.
Speaker 9 (12:17):
So yeah, no, it is tough, but you know, people
that are still doing it are still fighting the fine
fight and doing the best they can to hold it
together that for that period of time until things go
back to normal, and then we'll be away again.
Speaker 2 (12:31):
Hey, good luck for tomorrow.
Speaker 6 (12:33):
Hey, thank you so much having us, And you know.
Speaker 2 (12:36):
Don't worry. You still got tickets left. I understand too,
so you can grab one if you're in the troll.
Andrew Truck Andrew Tuck, I should say Homegroun Festival found
that it is twenty three after five Ryan Bridge. The
sort of Wellington related because it's about cities that like
to pump raw sewage into their waterways, which we do
in Auckland as well. Look at the muscle farmers christ
(12:56):
Church considering this week that their muscle farmers upset about
it there and everyone talks about the fines. The farmers
came out and said, why aren't we finding these councils
or these authorities for doing this? Well, Welsh Water is
being fined one hundred and twenty five million dollars. Just
let that sink in massive amount of money, a serious
(13:18):
unacceptable sewer discharge. So forty four that forty four million pounds.
Forty million pounds that is to reduce the spells, reduce
the environmental damage. Four million pounds is to improve the
water quality. Thames Water was fined two hundred and eighty
million New Zealand dollars for doing one of these. So
(13:38):
we don't find anything like that, do we? The question
is whether you would want to, because you're essentially just
finding yourself like you're robbing Peter to pay Paul. Surely
the money would be better spent on I don't know,
fixing the pipes in the first place. Twenty four after five,
News Talk said B, We're live to the UK after
news at five point thirty.
Speaker 1 (13:57):
The early edition Full the Show podcast on Iard Radio
powered by NEWSTALKSB.
Speaker 2 (14:04):
News TALKSB twenty six minutes after five. We're learning a
few hard truths this week, can't we and the old
saying rings true. You don't know what you've got till
it's gone. Parties on the left, parties on the right,
all wanting more oil this week. Apparently it's now in
vogue again. Forget climate change. People need to get to work.
Turns out actually quite important. A decent supply and a
(14:26):
stable price. We're a long way off from that, straight
opening and running at full capacity again. Trump's talking victory.
Winston says the war will be over before people think.
But there are sea mines, there are rocket launches, there
are drones hitting the Strait. No shipping company or insurers
going near there for a good while. Yet the uprising
we were told would happen hasn't happened. We've got the
(14:47):
old boss's son in charge and they've just killed his mum, dad,
and most of his family. So he's not going to
give up anytime soon, is he not going to play nice?
More important than oil is food, and we've got the
Watties plant closures this week. The frozen veggies are grown here,
peas and beans like peaches before them. There'll be some
cheaper imported alternative, no doubt, filling the shells. And the
(15:09):
farmer's complaints regulation. You heard it on the show this week. Regulation.
They are drowning in it. Paper work up the wazoo.
It was the same story with pork. We heard the
same complaints from that industry. And again you don't know
what you've got till it's gone. So once this crisis
is over, perhaps we remember how important food and oil
(15:29):
are to our daily lives and stop demonizing the very
people trying to keep our tummies and our gas tanks full.
Ray and Bridge twenty seven after five. Just a little
update on what the Aussies are doing with all of this.
In the house yesterday. This is over in Canberra. There
was a bit of back and forth about it because
(15:52):
they again in the name of climate change, they restricted
higher sulfur fuel. It's what they call it dirty of fuel,
and they restricted that because they didn't want to use
it in Australia because Australia is trying to be more green,
and so they just exported it to countries. Because they've
still got a refinery by the refineries, I should say
Ampole's refinery in Brisbane, they are allowed to sell it
(16:14):
to countries that have lower standards and so they've been
doing this and doing it quite successfully. But they are
now saying we're going to allow the dirty fuel back
into Australia and we're going to do that for the
next sixty days they reckon. That's one hundred million liters
of supply. And yesterday in the House this was cris
Bow and the Energy Minister, the.
Speaker 10 (16:34):
Practical action to help farmers, to help regional Australians through
this immediate crisis.
Speaker 2 (16:39):
Here's albanezi big message for every Australian is don't panic.
Speaker 10 (16:43):
The supplies are there.
Speaker 11 (16:44):
Not a supply problem, the government says, but a distribution problem.
Panic buying, emptying service station supplies faster than petrol tankers
can refill them.
Speaker 2 (16:54):
So there you go. The message is don't panic. And
Albaniz he kept repeating it at nausea yesterday, as Nichola
Willis does here. So don't run out and buy lots
of fuel because you think everything the world's going to end,
because you help the world end by doing so. Yeah,
there we go. News Talks B. We'll be back after
news at five point thirty. We'll head to the UK.
Vincent mcavnie joins US the UK Defense Secretary talking about
(17:19):
do we help somehow defend the Strait So we'll get
an update on that and we'll talk to AA on
the price of fuel you'll be paying at the pump today.
That's before six. All ahead on News TALKSB.
Speaker 1 (17:30):
We'll get your roots, my friend JA, the news you
need this morning and the in depth analysis early edition
with Ryan Bridge and one Route Love where you live.
News Talks at B.
Speaker 2 (17:55):
Twenty four away from six News Talks heb oil back
up over one hundred dollars a barrel. We'll talk to
Cherry Collins from AA before six this morning. Vincent's in
the UK for US. Front page of your Herald this
morning is government calls for calm over the fuel situation.
Steve Ryan, what do you do when everyone says, don't
panic you bloody panic. Don't you think Steve. It's like
(18:16):
when people say, don't think about a giant pink elephant.
All you can think about as a giant pink elephant.
You're doing it right now. Good morning, Ryan. They aren't
panic buying fuel because they're scared the world is going
to end. We are panic buying. Or people aren't panic
buying because you're trying to save money. You get it
now before price goes up. And another this is from
Robbie Morning, Robbie, Ryan. It's so sad, sad state of affairs.
(18:39):
When we have lost our independence. We export crude oil
overseas to get it refined. What the labor and the
Greens were thinking of shutting a refinery before we had sustainable,
clean energy to take the place of hydroc carbons was
a big mistake. I mean, they, to be fair, didn't
shut it down, but they just didn't stop it from happening. Three.
(19:00):
Brian Bradley and our reporters Jordan for dantin this morning.
Morning Jordan, Good morning, right. How you doing very well?
Thank you? What's driving the big enrollments at Otaga Uni.
Speaker 12 (19:10):
Yeah, Well, enrollments for semester wine at the university are
up more than five percent. With just over nineteen thousand
full time students now. Vice Chancellor Grant Robinson says that's
partly because of domestic and international students. So first year
numbers for domestic students are up ten percent year on year,
internationals have surged eight point eight percent. Now there's internationals,
(19:30):
he says, come from mainly the US and China, but
there are some notable growth from Kuwait, Indonesia and India.
And meanwhile, the residential colleges like the halls and all
that they're at full capacity despite there being some record
number increases in the number of beds.
Speaker 2 (19:45):
Okay, good stuff. How's the weather?
Speaker 12 (19:47):
Yes, so mostly cloudy with showers, possibly heavy and thundering
in the afternoon. There's some strong northerlies turning it lighter
southerly right about now.
Speaker 2 (19:54):
Nice on Jordan. Thank you clears in christ Church? Morning clear,
you've got good news?
Speaker 13 (19:58):
Oh what's new?
Speaker 14 (19:59):
I no good morning. I couldn't let the week go
without another chance to boast. We've got a record hotel
occupancy here in christ Church. It was ninety six point
four percent last month. That's the highest February in a
decade and is sitting well above the national average. Of course,
christ Church en Z's putting it down in part to
Electric Avenue Music Festival that saw ninety thousand punters attending
(20:21):
and an increase in airline capacity for the event's head
of destination at cath Lowe says, the rest of the
year does look really busy. Of course, we've got the
opening of the new stadium next month still to come.
She says, winter is typically strong for conferences here in
Christchurch at our convention center, and many people get a
taste of the city and then want to come back
for a holiday. Lowe says the city still stands out
(20:44):
because it was reimagined post quake.
Speaker 2 (20:47):
All right, how's your weather?
Speaker 14 (20:48):
Some cloud increasing showers developing about mid day, but a
hot one, a high of twenty eight.
Speaker 2 (20:54):
How you said yesterday the mayor was going to be
on Candby Mornings talking about the sewage situation. Did he
go parify whether they were still going to whether he's
still mulling it.
Speaker 14 (21:03):
No, he's still mulling it. A lot of work still
to do. He did say he had a three am brainwave,
though other media have picked this up. He said he
had a three am brainwave that actually we should spend
less money on other projects and put money into the cathedral.
So we've got to turn around there from the mayor.
Speaker 2 (21:17):
Okay, nice, nice to know he's up early. He'll be
listening to this. Thank you, Claire. Let's go. Have we
done weather? No, yes, we did.
Speaker 14 (21:26):
Whether it's a hot one twenty eight degrees, A few
showers about those so a bit of a mixed bag.
Speaker 2 (21:31):
Okay, I'm having a five forty brain fart. Let's go
to Jacob Wellington morning. Jacob. Hey, there ray a six
year wait. This is for the library. Finally we can
go read some books in Wellington.
Speaker 13 (21:42):
Yes, this is the Central City Library, officially opening its
doors to the public tomorrow, marking a significant milestone in
the reconstruction of the city's civic precinct. Has got three
D printers, sewing machines and creative spaces alongside hundreds of
thousands of books inside the refurbished solidity. Wellington City Council
head of Creative Capital Gisella Cars's the five story building
(22:05):
is a new heartbeat for the capitol. She says, there's
a plaque that reads, owned, used and loved by the
people of Wellington.
Speaker 2 (22:12):
Oh, very good. How's the weather cloud?
Speaker 13 (22:15):
Increasing with a few showers becoming frequent and possibly heavy
from the afternoon, and they should ease off in the evening.
Speaker 2 (22:21):
Nice one, Jacob, thanks very much. Sneva is an Aukland morning.
Speaker 15 (22:24):
Good morning, Happy Friday the thirteenth.
Speaker 2 (22:26):
Oh was it? Yes, I didn't even make the connection. Spooky,
You've already complimented me on my new T shirt. Thank you.
Speaker 12 (22:34):
Yes.
Speaker 2 (22:34):
So I went the other day to a shop in
Saint Luke's mall. I know, but the mall, and I
bought this T shirt. I was on the phone the
entire time I was in the store. It was quite
It was one of those like kind of you know,
work calls, it's quite intense. Anyway, I left the store
and sort of realized once i'd left that i'd bought
(22:55):
the T shirt. Didn't you know when you're not really
thinking about.
Speaker 15 (22:58):
It, fantas Did you check your receipt They could have
charged you about five thousand dollars.
Speaker 2 (23:03):
Well, probably not that much into account.
Speaker 15 (23:05):
That's kind of rude to the store assistant kind of
look at you like, no rude on the phone.
Speaker 2 (23:11):
No, it wasn't like that. I sort of took it
away and I was like, you know, think sorry. Sorry.
Speaker 15 (23:17):
Actually a lot of people you are very very nice
to me. I don't tell you this, but people who
you don't know, just randoms, you know, like the public.
They will say to me, oh, you work with Ryan.
I saw him he was out swimming or he walked past,
and he gave me this beaming smile. I didn't know him,
and I thought, that's the kind of person he is.
Speaker 2 (23:35):
No, that's that's fake it. Yeah, as soon as I
get home. The world is an ahole. Hey. Finally making
progress on this Arabus memorial Neva.
Speaker 15 (23:48):
Yes, good news, Ministry for Culture and Heritage has released
a concept design. Now this memorial obviously is going to
honor the two hundred and fifty seven people who died
when in New Zealand flight crashed into Mount Erebis four
six years ago. Now it is going to be in
christ Church, the Craycroft Reserve that was a chosen side
as we know that came out over Auckland. But the
(24:09):
design is developed by Studio Pacific Architecture and apparently you know,
the victim's family families, the Christchurch City Council and all
the other groups have been asked for feedback and that
will be considered by the designers as well, So that's.
Speaker 2 (24:21):
All good, good stuff. How's the weather shower is possibly heavy?
Speaker 1 (24:24):
Twenty seven?
Speaker 15 (24:24):
Twenty seven is high today, it's getting hot now, nor
that he's a whipping in today. But then watch out
because tomorrow the temperature are going to drop because the
Southerly's coming in and it's going to be high of
about twenty two. And yes, I know it sounds like
I know what I'm talking about.
Speaker 2 (24:38):
Really did change, he did quite convincing Neva great performance.
Ten out of ten seventeen to six news talks. There'd
be Vincent London.
Speaker 1 (24:47):
Next International correspondence with ends and eye insurance, peace of
mind for New Zealand business.
Speaker 2 (24:55):
You talk FB it is accorded to sex. It's got
to Vincent macaviny a UK europe correspondent Vincent around a
financial district in Dubai in the Britell they were already
starting to leave the region more presumably will do so now, Yeah,
that's right.
Speaker 16 (25:09):
This morning a Ranian drone crashed in the Dubai financial district.
Thankfully no one was injured, but this has prompted financial
institutions to shutter offices, instructing staff to tell home and
to stay at home work from there, and we know
many of them are continuing to try to leave the area.
(25:30):
This is after Iran said that financial institutions were now
an option for their strikes after one of their own
banks was hit. And it's yet another blow to Dubai
and the perception of it as being a safe sort
of haven in the Middle East. And we've received as
well in the past few hours a statement from the
(25:51):
new Aya Toller. We're not sure how injured he has
been in the conflicts of the past few days, but
in his message, Moktawa Kamena has basically said that he's
going to keep going as he is, that they will
keep locking the Strait of Hormuz, and no sign that
he is willing to back down from the growing tensions
(26:12):
in the region.
Speaker 2 (26:13):
In Vincent, what about this British man charged with cybercrime laws.
Speaker 16 (26:19):
Yeah, this is quite remarkable. I think it shows that
you have to take everything coming out of Dubai really
with a pinch of salt, particularly from the army of
influencers that live there, because they are all under strict
watch from the authorities and they cannot post what is
really going on.
Speaker 2 (26:36):
We now understand.
Speaker 16 (26:37):
A British man, we believe that he is in his sixties,
has been charged under cybercrime laws in Dubai simply for
having filmed Iranian missiles over the city and posting it
on social media. They don't want anyone putting that kind
of footage out, it seems, and they are charging people
because of the sort of alleged crime, as it were,
(26:58):
of bringing the sort of reputation of to buy into dispute.
So it shows the importance of a free and open
democracy and society with a media that can operate in
a sort of critical time like this, because actually what
they're doing it's classic barber Strids and effect. It's attacking
more attention to what's going on by them trying to
hide what's really happening to people there have you.
Speaker 2 (27:18):
Are you seeing anything about the defense sectary talking about
the UK considering or looking at options for defending the Strake, I.
Speaker 16 (27:26):
Mean there is, you know, the UK is sort of
keeping its hand very open as to what it can do.
I don't really see that we have a navy these
days that has a capacity to do that. I mean
we've sent one chip, the Hremus Dragon, which is the
destroyer down to the Mediterranean. It's going to be involved
in the defense of Cyprus. We are preparing, we think
(27:49):
an aircraft carrier to potentially be sent to the region.
It would require escort vessels and a submarine as well,
but the idea of sort of using that to kind
of take ships through. I think that they're very reluctant
to send into the Strait of One Moves because of
how much of a target those vassals would be, so
at the moment, I think that's kind of speculation, but
(28:12):
they're trying to say that all options really are on
the table to try and stabilize markets.
Speaker 2 (28:15):
Appreciate that. Vincent mcaviny a UK Europe corresponding eleven to six.
Another minister's oil group meeting in Wellington this morning. Petrol
up over three bucks. The leader for some Brent crewed
up again overnight. Goldman Sachs. We've been following their forecast
that we'll never put another one out and the one
hundred and fifty dollars a barrel worst case scenario is
still alive option though you'd have to have a lot
(28:36):
more disruption and ongoing Terry Collins, AA fuel spokesperson with
US this morning morning, Terry. So the Carlos Days thing,
we're are long, long long way off that, aren't.
Speaker 4 (28:47):
We we are. It's actually a good idea, it's a
plain We've got a couple of things. We patroling Demand
Restraint Act which allowed to Carls Pay's rationing books to
very old fashioned. But remember in those days we can
have things like working from home and all the type
of ieta that we do today that makes us no
productivity in other ways. But we've also had a new
(29:09):
Zealand Fuel Security Plan which was updated last year. These
are things that kept in the back pocket should something
like this happen, they've dusted off, they looked at and
it's a plan ready to go. We just say it
never has to be implemented. But at least we've got
a plan and we've got legislation that if needed, we
can implement it.
Speaker 2 (29:26):
Terry. We've got a month on the land and a
month on the water and supply beyond that is a
supply actually being affected or are we still expecting that
we will have a flow coming in?
Speaker 4 (29:40):
Look self career to talk about looking after your selves first. Basically,
they use that eighty five percent of the product they
were fine if there's a big reduction, so twenty percent. Globally,
they're basically saying, we come first. We're a large economic country.
We need this world to continue the commerce. Unfortunately, we
get about forty eight percent of our BEFOGN products from
(30:02):
South Korea, so we would need to look for different markets.
Speaker 2 (30:06):
Would which markets and also a.
Speaker 4 (30:09):
Slip or Brunei, Malaysia, Indonesia, we get a tiny bit
out of place like in the US. But basically we'll
be in the same scramble as many other countries.
Speaker 2 (30:18):
Could we be in the situation where our for your
companies look at the price and go, I'm going to
sell it to someone else.
Speaker 4 (30:24):
No, no, how for your companies are looking after ourselves.
We're just trading in a global environment.
Speaker 2 (30:31):
Very good, Terry. Oh, by the way, the price today
and the price that's happened overnight, and that Goldman Sacks
update on the forecast, any any more thoughts on where
it might go?
Speaker 4 (30:43):
This is so unpredictable. I've seen changes in a bearable
thirty dollars over twenty four hours. I had an interview
with a journalist a fifteen minute and it changed fifteen dollars.
So how you can predict or will lend who knows.
I do know, though, One thing history taught me is
America tends to underestimate how long they stay in conflicts.
So I'm very concerned when they talk about weeks when
(31:06):
it looks like it could be months.
Speaker 2 (31:08):
Cherry all that in two minutes twenty seven from you
appreciate it fifteen minutes. Who does those anymore? News Talk
said be Terry Collins AA eight to six.
Speaker 1 (31:18):
The first word on the News of the Day early
edition with Ryan Bridge and one roof love where you live?
Speaker 2 (31:25):
News Talk said be six. Do you know what we
haven't spoken about this morning is Paul Eagle and Wellington.
He was running for mayor there for it while he
was an MP, and he was running for mayor there
and then he did the Chathams. And this order to
generous report is just terrible. How do people still in
this day and age get away with food for one
(31:45):
week is one thousand dollars and that's all you write
and you get the Money's crazy, Mike, good morning greetings
to you. We wouldn't get away with that here to
be fair.
Speaker 10 (31:55):
He went for the melee of appliances over the Fisher
and pykel and speaking from experience, you don't regret that
sort of purchase.
Speaker 2 (32:04):
But if it's on our dime, you do. Yes, of
course we regret it. You should read that report.
Speaker 10 (32:08):
It's the funniest thing it is.
Speaker 2 (32:09):
And then he does does the runner, and then fudges.
Speaker 10 (32:13):
Them, and then he goes O panic, How do you panic? Well,
he did someone I thought was interesting. He did something.
He wanted to take the garage and make it some accommodation.
And that's not a bad idea because you're on the
chattem so it's not exactly festune with the Saint regis So.
But when they said you can't do that, he went
and did it himself. So that's not you know, so
he's trying to be useful.
Speaker 2 (32:34):
Sounds very much like who was that labor imp that
did the title got done for the tiling. Oh yes,
and he had the most.
Speaker 10 (32:40):
South Auckland Helen Clark migrant labor. Yeah, I know, I know,
exactly Funnily enough, I think about that the other day.
That's when it all went wrong for them because between
him and the water pressure. Remember the water pressure they
started talking about. Yeah, they said, we're going to limit
your water pressure.
Speaker 2 (32:53):
And everyone went to open the tennis balls. Remember there's
some classics. Classic. Hey listen.
Speaker 10 (32:59):
By By the way, your mates at the Herald have
got a headline. I was just wandering back from the bathroom.
The headline and the print edition.
Speaker 2 (33:05):
There you go, ye read it out. Calls for calm
over fuel, have they yes? Who called for carnt? Well
they sit well, no, she'd know not the exact words.
Speaker 10 (33:15):
Exactly, So they've made that up yet again.
Speaker 2 (33:17):
So have a word with them.
Speaker 10 (33:19):
My point being, I'm very proud of us this week
because the Australians have panicked and they're filling Jerry cans
like the snow tomorrow. I've seen zero panic. I've seen
no panic anywhere.
Speaker 2 (33:31):
The only panic you see is on a Thursday at
Goal because that's their count discount day.
Speaker 10 (33:36):
But I was driving home from town last night and
I went, I drove past my regular service station, which
is where I have seen panic on Thursday when they
do the discount. There was no one there. It's like
we've not panicked. We've got on with life, and I
think that's a good thing. So the last thing we
need won the Herald and two Nikola going oh, we're
going to have Carlos Days and all that crap, because.
Speaker 2 (33:57):
I think, to be fair to them, they have got
across this and have the appearance of having a plan.
Nothing they can do. No, but there there's no oil.
There's no oil. But then we're not going to rationing. Yeah,
but we're not going to run out. You just pay.
How are you're going to get to work on the
bus anyway? Nicholas Nicholas with us after Your Monday.
Speaker 1 (34:17):
For more from Early Edition with Ryan Bridge, listen live
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