July 15, 2026 • 34 mins
On the Early Edition with Ryan Bridge Full Show Podcast Thursday 16th of July 2026, Bird flu has landed in New Zealand, University of Otago Professor, Evolutionary Virologist, Jemma Geoghegan tells Ryan how concerned we should be.
Official Stats NZ Spending data shows a seasonally adjusted decrease of 1.4% card spending in June compared with May, First Retail Group Managing Director Chris Wilkinson shares his thoughts.
Trade Minister Todd McClay is hosting global officials for a big trade meeting on Friday, International Business Forum Executive Director Felicity Roxburgh shares her thoughts.
Plus, US correspondent Katie Fisher has the latest on Iran developments and Donald Trump’s Attorney General pick.
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Speaker 1 (00:00):
The issues, the interviews and the insight. Ryan Bridge on
an early edition with Spark for business Technology that keeps
business moving news talks.
Speaker 2 (00:10):
They'd be good morning, six out the five Great to
have your company. It is boodflu yats here, but don't panic,
that's the message. We'll head to the US this morning
for the latest Trump update on the war card spending
numbers down.
Speaker 3 (00:21):
We'll look at why, and the.
Speaker 2 (00:23):
Big dogs from some smaller countries in town for a
trade meeting. Got all the details for you on that too.
Speaker 3 (00:30):
The agenda Tuesday, sixteenth July.
Speaker 2 (00:32):
Great to have your Company run says they're going to
choke more oil roots because of the bombing.
Speaker 4 (00:38):
Next week comes the power plants. Next week comes the bridges.
We're going to knock out all their power plants. We're
going to knock out all their bridges unless they get
to the table and negotiate.
Speaker 3 (00:49):
The strait continues to be like a barn door in
the wind.
Speaker 2 (00:51):
Open closed, open, close, open, closed, today closed. Literally there's
change was by the day. One time the street a
zone been, the next.
Speaker 3 (00:58):
Day it's closed.
Speaker 5 (01:00):
One day we're going to charge a toll, the next
day we're not.
Speaker 2 (01:03):
Let's go to the UK Star has had his last PMQ's.
This is after he's left the team at Downing Street
said goodbye for the final time.
Speaker 6 (01:11):
He might not have answered many of the questions I
asked him, but at least he turned up. So does
the Prime Minister agree with me that his successor should
come to this place and answer questions rather than scoring
away for.
Speaker 7 (01:24):
The summer, Mister Speaker, as Prime Minister, I have participated
in over sixty PMQ's and I've answered or at least
given answers on two eight hundred times, and I'm sure
she will question my successor in the same way.
Speaker 2 (01:44):
Meanwhile, Reform UK SES a man's been arrested after allegedly
threatening to shoot Nigel Faraje in a social media post.
Now the social media post was actually made back in May,
so we'll look at what's going on there in a second. Finally,
remember the guy who was sucked out a window of
a plane on a Ryanair flight from Greece to Germany.
While the wife of this guy, he was sixty one
years old, she's given a first hand account of what
(02:08):
actually happened on board.
Speaker 5 (02:11):
Together we managed to pull him back inside. His upper
body was severely disfigured, his arm was badly injured, and
there was blood everywhere. She says her husband Lubisha lost
consciousness three times and was partially outside for up to
two minutes.
Speaker 3 (02:26):
Pretty frightening.
Speaker 2 (02:26):
So part of the plane's engine apparently ruptured at the
debris goes into the window and then causes the window
to explode. That's where they got into trouble.
Speaker 1 (02:37):
On your radio and online on iHeartRadio Belly Edition with
Ryan Bridge and Spark for Business Technology that keeps Business
Moving News talk z'b.
Speaker 3 (02:47):
Give me a Texas Morning nine, two ninety two. The
first thing that came up when I was looking at the.
Speaker 2 (02:51):
Bird flu situation, because we've spoken to Andrew Hoggart about
this before, the potential for it coming. I mean, it's here,
but don't panic, don't freak out. But the first thing
that popped up when you go to what are other
people searching about the bird flu? Was can I still
eat KFC with the bird flu?
Speaker 3 (03:07):
Here?
Speaker 2 (03:08):
The answers, well, as long as it's cooked properly, yes
you can. So they found us one six seabird in Potoni,
one six seabird, but they reckon there's probably more six
seabirds out there come across the ocean apparently was acting
a bit weird. People were going up to the bird
and the bird wasn't flying away, it was letting them approach,
(03:28):
and so people said that that's odd. Took it to
the zoo and did a test and bob's your uncle.
It's h five. She's landed. So the advice is, will
do nothing. I mean, you see any birds acting weird,
then call doc or whatever, but don't freak out, don't panic,
no need to do that. Poultry industry is a big
(03:49):
one because it's worth two point two billion dollars to
this economy. Our exports are two hundred million dollars. So
it is an important industry for New Zealand and you
don't want it getting in there. The death rate for
chickens is one hundred percent. However, there is no evidence
that there's widespread or even transmission happening in New Zealand
at the moment. So they say, you know, just wait
and see, watch and see and cook your chicken, cook
(04:11):
your eggs. We'll look at that in detail. Just before
six this morning.
Speaker 3 (04:15):
Ryan Bridge coming out next.
Speaker 2 (04:17):
We will talk about this business forum because we have
the India FTA big song and dance. Now, we have
an international business forum happening here on Friday, and some
relatively important people and relatively relatively important countries are here
and we're only just hearing about it now, which is interesting.
(04:37):
So we'll talk about that next. News TALKSB the early.
Speaker 1 (04:40):
Edition Full the Show podcast on iHeartRadio powered by NEWSTALKSB.
The news you need this morning and the in depth
analysis this early edition with Ryan Bridge and Spark for
Business Technology that keeps Business Moving.
Speaker 3 (04:56):
News TALKSB five thirteen. News Talks HEB.
Speaker 2 (05:00):
There will be flights affected by fog and Auckland Airport
this morning, you can be sure, But what about the
on time performance of our national carrier because everyone would
know it wasn't that long ago, and you still hear
people complaining about it now, but complaining about the fact
that the planes just weren't leaving on time, or actually
weren't leaving at all. They've now put out a press
release just this morning, this is in New Zealand, saying
(05:20):
that they have had strong year on year improvements to
their operational performance. That's code for the planes are leaving
on time mostly eighty six percent of flights arriving within
fifteen minutes of schedule. This is for the month of June,
they had twelve two hundred and seventy nine flights and
eighty six percent of them arrived within fifteen minutes of
(05:41):
when they should have. That's actually down from May where
they had eighty nine percent. So they've done better by
eight points on the year prior. That's what the point
that they're making over the year were up almost ten
percentage points. Now Jetstar had to look at them this morning,
eighty one point six percent, so in New Zealand for
(06:02):
June beating jet Star.
Speaker 3 (06:03):
For May was eighty three percent.
Speaker 2 (06:06):
Again in New Zealand for May, beating jet Star, which
is where they want to be. I mean, how hard
does it just get up in the They did say
in New Zealand, periods of severe winter weather, Wellington Airport
fire and other disruptions outside of our control contributed to
the probably, I guess the remainder fifteen or so percent.
It is fourteen after five.
Speaker 3 (06:27):
Tatman is the top.
Speaker 2 (06:27):
McLay hosting a global officials for a Big Trades meeting
on Friday. This is the future of investment and trade
partnership ministerial meeting. Chile, Costa Rica, Iceland, Malaysia, Morocco, Singapore,
Switzerland all going to be the total twenty one small
medium trading countries will be represented. Felicity Roxburgh is International
Business from executive director with US This morning, Felicity, good morning.
Speaker 8 (06:50):
Good morning.
Speaker 3 (06:51):
Is this a big deal?
Speaker 8 (06:54):
This is a big deal for small countries. I mean
it may seem like an eclectic group when you read
out that list, but I think you know, we all
have something in common. We rely on global trade and
it's a really difficult time out there for a exporters,
so why not try to work together?
Speaker 3 (07:11):
How well are we working with these countries as it is.
Speaker 8 (07:14):
Well, this is a kind of a new mechanism and
it does things in a different way. So it's about
small countries deciding that they'll do something called pathfinding, which
in trade means they try things or they innovate things,
and if they work, then they try and attract other
countries to do the same things. But we do have
some of our best buds in this group as well.
(07:35):
We've got Singapore with whom we have a very strong
trade relationship, and the UAE is also another key partner
for New Zealand.
Speaker 2 (07:43):
How much of this is about routes that are already
existing or routes that we you know, regular trading routes
that we can sort of leverage off. I mean Costa Rica.
How much trade do we do with Costa Rica?
Speaker 8 (07:55):
Yeah, I mean some of them are new shall we
say new trade partners for US. I mean another way
is will Wander Paraguay. So you know, this group is
not really just about market access. This group is about
focusing on some issues fly chains, open light, tackling non
tariff barriers, doing paperless or digital trades. So this is
(08:18):
like having common certification within our markets. The idea being
that you know, we do have agency. We're not just defensive.
We don't just have defensive interest in this global environment.
We can work together as small countries.
Speaker 2 (08:32):
Good stuff, Nice to have you on the show. Felicity
Rocksborough has with US International Business Form executive Director. Time
is sixteen after five. I lived in Costa Rica for
a little while. I lived in San Jose and the capital,
and I mean beautiful place, beautiful coastline, a bit of jungle,
lots of bananas, beautiful food, and very very cheap to
(08:53):
live a lot of Americans go live there because it's
cheap literally because of the cost of living. Some of
them probably run away from debts. There was a few
sort of weird characters there, a lot of people running
this online casino, online casino and betting agencies there. A
lot of Americans go down there because the cost of
labor is cheaper and set up. There was one of
(09:14):
them who was selling magazine subscriptions to Americans over the phone.
Very weird things happening actually in Costarecta, now that I
think about it. At seventeen minutes after five News talks'b
we'll talk about that card spinning data out yesterday.
Speaker 1 (09:28):
Next the Early Edition full show podcast on iHeartRadio, Power
by News Talks at B here Ittt first Ryan Bridge
on Early Edition with Spark for business technology that keeps
business moving News Talks dB five nineteen.
Speaker 2 (09:44):
This curious case of Anne Whittak come over in the
UK where police said, oh, this is the politician who
was allegedly murdered quite brutally in her own home. And
police said, initially on our theres nothing to see here,
it's not politically motivated, there's no terrorism or in there.
And then a few days later that went oh, actually,
yeah there is. So there's now been a guy in
(10:04):
his twenties who's arrested on suspicion of threatening to kill
Nigel Farage. Here's the tweet. It's actually reported to police
back in May and they're only now making an arrest.
What are we sixteenth of July the post on X
I am going to shoot you in the head if
you win charming. So that was back in May. Guy's
(10:26):
been arrested. He's now released on bail. But coming back
to Anne Whittakim, Nigel Farag says he had calls from
the prime from Starma on Friday and on Saturday and
from police who said to him, no, no, no, no, this
is just something else.
Speaker 9 (10:42):
And they both told me it's a burglary that's gone wrong.
I said, no, he's not. A burglar does not put
his car on your drive and walk into the house.
A burglar arks in a lay by down the road
or has a getaway driver. And I went to Dartmoor
on sadly and I said, I have no doubt this
is a premeditated murder.
Speaker 2 (11:04):
The question is, would if you're an assassin, would you
you know equally? Would you park your car on the
driveway and then go in and shoot somebody or bludding
them to death. Well, equally a good question. Twenty one
after five, Brian. So we're being more careful with our money.
This is card spending data, official stats out yesterday, seasonally adjusted,
down one point four percent in June compared with May.
(11:26):
We were up slightly actually on the previous same month
previous year. Big hits a hospit down one point nine,
apparel down two point two, even fuels down one point seven.
Chris Wilkinson, First Retail Group managing direct with me this morning. Chris,
good morning, Hey Ryan, how are you very well?
Speaker 3 (11:42):
Thank you.
Speaker 2 (11:43):
So we're spending we're saving on the petrol, but then
we're not going out and blowing it on discretionary.
Speaker 3 (11:48):
Yeah.
Speaker 10 (11:48):
People have been very cautious at the moment, which is
fair enough, isn't it.
Speaker 3 (11:52):
How is that impacting retailers though?
Speaker 10 (11:55):
Oh, look, I think the retailers, you know, they've had
they've had some big challenges around cols. Increases, distribution costs
have been seen right across our retail categories. So they're
fighting a couple of a couple of fronts at the moment.
Speaker 3 (12:11):
What can you actually do about that.
Speaker 2 (12:13):
For if you're a retailer, because as you said, your
costs her up, so your instinct must be to discount.
But then you're undermining your business. What do you actually
do to keep the money that is there in your shop?
Speaker 10 (12:28):
Yeah? Yeah, you just have to be hungry. You really
have to go for your unfair share of the market.
Good strong retail disciplines, be there, be open, love your customers,
and those are the simple fundamentals retailers need to remember.
Speaker 2 (12:43):
Good stuff. Chris GOOTV on the shows always. That's Chris Wilkinson.
First retail group with us this morning. It is twenty
two minutes after five. And I was bought a of
all things like a big round Paul toy, a blow
up one. And there was a particular shop. I was
on holiday, and it was a particular shop that I
wanted to get it from because I quite liked the
look at it and I quite like the color, and
(13:04):
I never bought one of these things before, and so,
and I was realized the shop was going to close
in five minutes. It's an owner operator store. Lady was lovely. Anyway,
I rang the store and I said, well, I'm coming,
but I'm going to be late. Your store is going
to be closed. Will you stay open? And she stayed
open another ten minutes and then I was in the shop,
(13:25):
got chatting. She know she was selling me other stuff.
So she's worked an extra forty five minutes on the
basis of one phone call.
Speaker 3 (13:33):
And that's what you do when you're in when you're
a small business owner.
Speaker 2 (13:36):
Those are the kind of sacrifice you know would have
missed probably dinner with her family. Those are the kind
of sacrifices, sacrifices that you make to make a buck.
Twenty three after five News Talks the' B. We'll talk
about David Seymour's latest idea for your kids and their phones.
Next News Talks n B twenty five after five is
banning smart phones for kids, a dumb idea, not the apps,
(13:58):
but the phones themselves.
Speaker 3 (14:00):
That would leave them with dumb.
Speaker 2 (14:01):
Phones, Sands, apps, sands Internet, just text and phone calls.
Remember the old Nokia or the Alcatels of the early
two thousands. They came in that sort of weird light
orangey peachy color. There was a purply bluey one as well.
You could get two tight two colors and one type
David Semol's talking about this. This is after a blog
(14:21):
post suggesting it'd be easier and less restrictive for everyone
else if we just banned the hardware and not the software.
Make smartphones like cigarettes or beer. If you saw a
twelve year old with one, you would judge their parents,
wouldn't you. At present, parents hand these things out like candy,
caving by osmosis to their kid's pear pressure to own
(14:43):
one of the things. The social media bands don't really
seem to be working very well. As we've spoken about before,
half the Aussie kids get around theirs. Where there's a world,
there's always a way. Banning the actual device itself does,
on the face of it, kind.
Speaker 3 (14:58):
Of make more sense.
Speaker 2 (14:59):
Don't you think you can still communicate, but not with
the entire world, and not with the entire sum of
human knowledge, good and bad at your unsupervised child's fingertips.
This way, adults can keep using social media and not
have to use some ID or a date of birth
test to log into their Facebook, which all sounds great,
(15:19):
except the real problem here is parents themselves. They're often
the ones who are on their phones and ignoring their
kids in the first place. If you were a child,
wouldn't you want to be doing whatever your parents were
doing too? It doesn't really matter what the law says,
and changing it won't change everything. It's ultimately up to
adults raising those kids to teach them right from wrong,
(15:42):
good from bad, and whether eight hours a day doom
scrolling is a behavior that's acceptable for them.
Speaker 3 (15:48):
Or their kids. Spray and Bridge twenty seven after five. China.
Speaker 2 (15:55):
We spoke about them yesterday because they've had some fantastic
export data China AI hardware, you know anything yet AI
needs to power itself up, probably come from China or
Taiwan or South Korea. But China's doing well. Also, they're
selling a bunch of evs, so export wise great. The
(16:16):
economy quarter two, well, they only grew by four point
three percent, which I know we shouldn't scoff at sitting
down here on less than one, but it is their
slowest rate of expansion since twenty twenty two. Why while
the war with the Ran investment domestic demands being softer
as well. You know, they've had housing price issues over there,
which affects consumer confidence as we know here. So four
(16:38):
point three percent was their number. It's interesting having had
some experience with Beijing. They you can not completely trust
all the economic data that comes out of China. There
are people there whose job it is they're almost like
economic investigators to determine whether the number that Beijing tells
(17:00):
you as the number is really the number. And they'll
go around and do things like count how many trucks
are coming out of this port, how busy is this port,
how much cement is being used, how much are factories,
you know, how many cars are parked in the factory
car park. All that kind of stuff kind of work
backwards and figure out how real it is. In any case,
(17:21):
that's the published number, so you could expect it to
be four point three percent or less, you know.
Speaker 3 (17:28):
On News Talks, we will head to the.
Speaker 2 (17:30):
US, find out what Trump's saying, probably the opposite of
what he said yesterday that's coming out.
Speaker 3 (17:37):
Plus we'll talk Don't Panic, Boom Flu News Talks b.
Speaker 1 (17:47):
The Early Edition Full the Show podcast on iHeartRadio Power
by News Talks. It be the first word on the
News of the Day Early Edition with Ryan Bridge and
Spark for Business Technology that keeps Business Moving.
Speaker 3 (18:03):
News Talk ZB look at morning's.
Speaker 2 (18:12):
Twenty four minutes away from six here on news talks
EDB coming up one sick bird. Don't worry. Poultry has
been on bird flu prep watch, so they say they're
getting ready for it. We'll talk about that in about
fifteen minutes time. We'll head to the US as well,
Trump and the war all that stuff. PayPal, Remember PayPal,
maybe you still use it. There are so many other
online payment options now that PayPal sort of became obsolete.
(18:35):
Maybe you used it for a while. Anyway, their shares
are up sixteen percent this morning. Apparently someone wants to
buy them a stripe, which is a private equity firm
advent along with a process, a payments process, a stripe.
They've offered by sixty dollars and fifty cents a share.
This would value the company at fifty three billion now.
Market value yesterday was forty two billion, so they've jumped
(18:59):
up and and valued it over three hundred billion dollars
at the time. And you might remember this that it
was last sold and that was back in twenty twenty one,
so the price.
Speaker 3 (19:12):
Then was three hundred bucks. The value was three hundred billion,
and now it's.
Speaker 2 (19:16):
Worth forty two Although jumping up on the back of
this news interesting, no way, and so many other Presumably
they will just merge it with whatever other payment processes
they have.
Speaker 3 (19:27):
On at the moment.
Speaker 2 (19:27):
There's a really interesting piece about the raging bull market
that we have had going on in Wall Street for
the last three years and nine months to be exact.
The S and P five hundred has more than doubled
during that period, and there's everyone wants to know when
will it end? Well, there's a semi answer to that.
I'll give you to it shortly twenty two minutes away
from six first our reporters Cullum and dned Morning. Colum Morning, right,
(19:51):
so Otaga Uni researchers are telling women in particular to
just take everything online to do with exercise with the
grain of salt.
Speaker 11 (20:00):
Yeah, that's pretty much sums it up.
Speaker 3 (20:02):
Ryan.
Speaker 11 (20:02):
This is a study which has reviewed four common claims
found online and discovered little evidence to support them. This
includes advice that women shouldn't fast, that hydration needs change
during the menstrual cycle, and women need different carbon protein
strategies to men. The co author of this study here
is Professor Catherine Black. She's told us a lack of
(20:23):
research into women's health is helping fuel this misinformation online.
She says women's exercise has been overlooked throughout history and
these claims are being made up to fill the gap.
The professor says some studies used to support these claims
were based on animal models and don't reflect how the
female body responds.
Speaker 2 (20:42):
So don't listen to the fitness influences on the internet.
How's your weather come?
Speaker 11 (20:48):
You mainly find here today westerly is the high of
twelve for Dene.
Speaker 2 (20:51):
Nice one, Thank you Claires and christ Church morning Claire.
Why is a christ Church counselor in a bit of
a tiff with government?
Speaker 12 (20:58):
Yes, a bit of a bit of chene and down here,
let's say that much. Heathket Counselor Nathaniel hers Jardine says
the council's relationship with central government is simply failing. That's
after the Finance Minister Nikola Willis claimed last month that
christ Church didn't ask for anything in this year's budget
and that's why it didn't get anything. But hers Jardine
says the council did right to South Island Minister James
(21:19):
Megaback in February with five clear requests. He says they're
still waiting on a response. Those requests included funding and
support for mass rapid transport and also help with the
future proofing of Littleton Port.
Speaker 13 (21:31):
Hers.
Speaker 12 (21:31):
Jardine says he was gusted to hear Willis's comments. There's
a lack of relationship there which creates uncertainty about projects.
Council doesn't know what central government wants them to work on. Interestingly,
Mega replied to us at News Talk s'b He says
that he often meets with the mayor and that there
is a council meeting that is in the works once
they can get their diaries to align.
Speaker 3 (21:51):
All right, how's your weather.
Speaker 12 (21:53):
Mainly fine, there is a chance of a morning shower,
westerly's dying out and thirteen degrees.
Speaker 3 (21:57):
Nice one to best. Good morning. You're going to be
updated on a eleik.
Speaker 14 (22:01):
Yeah, good morning, Ryan, So we do. Two more major
events have been popped in the calendar here in Wellington
for November seven, or election day. Despite this, though, the
Electoral Commission's not worried at all about voter turnout. I mean,
Wellington Central saw eighty four percent cast votes in twenty
twenty three. So this is the High Tide Music Festival
(22:22):
which will bring thousands to Wellington's White Honey Park and
cricket fans they're being treated as well as The black
Caps will face India in a one day Test match
or one day match at Henry Stadium on the same day.
Up in Auckland's Auckland FC is also taking on the
Phoenix and the derby match that drew out more than
twenty five thousand last year. Chief Electro Officer Carl lacaydes
(22:43):
his voters can always cast the ballots early or vote
before heading to these events. He adds the commissioners also
planning on putting booths near the events.
Speaker 3 (22:53):
Okay, so you can go to high Tide and vote.
Speaker 14 (22:55):
Yeah, listen to some Drummond bass and cast.
Speaker 3 (22:57):
Vote okay as you. Weather very mild.
Speaker 14 (23:01):
Today, a bit of rain clearing this morning. Northwesterly winds
and fifteen degrees thanks.
Speaker 3 (23:05):
To bears winds and Auckland. Good morning, Good morning.
Speaker 2 (23:08):
This is shocking breaking news. Two parrots kidnapped from the
North Shore.
Speaker 15 (23:13):
It does sound unusual, doesn't it. Two pet parrots bird
nat from Auckland stole shore. Don't worry, They've been reunited
with their family. Nico and Mango are two sun con
your parrots. They were taken during the burglary in Brown's
Bay on Friday. The colorful pair were stolen out of
their cages along with several tools. Police are seeking CCTV
(23:33):
footage and when they were asking people to help to
find these beloved pets, a woman walking her dog in
a Glenfield park yesterday found them. They've been reunited with
the relief family. Apparently these pets are popular because of
their playful and affectionate nature. In case you were thinking
of getting one.
Speaker 3 (23:48):
What were they just in the park, just hanging out.
Speaker 15 (23:51):
Just hanging out in the park, notably having a good time.
Speaker 2 (23:53):
Bird people weird, you know, with cages in their living rooms,
all the feathers in the poop and the noise.
Speaker 3 (24:00):
I don't like it. And when they put a little
curtain over this. How's weather, well, you.
Speaker 15 (24:06):
Can see once again on the drive in morning folk
or cloud. But you know then it does seem to lift.
And we do have some fine spells, don't we. A
few isolated showers around as well, with northerly as are
turning westerly seventeen degrees high.
Speaker 3 (24:18):
Very nice, Wendy, thank you very much.
Speaker 2 (24:20):
It is seventeen speaking of to six. Just telling you
a little earlier about the bull market. So three years
and nine months to be precise, that the S and
P five hundred has been in bull mode. It's double
during that period, and everyone wants to know when does
it end? How does it stop? The Wall Street Journal
has a piece on this this morning, and I wanted
to share a little bit of it with you. Markets
(24:41):
don't collapse because of old age. Even high prices aren't
usually enough alone to cripple a ball. But one way
that stocks can slow is when new issuance overwhelms investors
and otherwise, in other words, supply outstrips demand. I know
it's counterintuitive, but it happens, and it has happened. This
was nineteen ninety nine, late nineteen ninety nine, first half
(25:04):
of two thousand, you know, pre dot com collapse happened
then too. So if you look at how many shares
and offerings have gone up, SpaceX seventy five billion, alphabets
equity rays that's Google eighty five billion.
Speaker 3 (25:17):
This is also far this year.
Speaker 2 (25:19):
Then we've had Henex, you know, the South Korean twenty
six billion. You add all that up, the rush of
stock and bond issuance this year already is three hundred
and forty four billion dollars of new shares have been
sold to investors. That's more than the full year totals
for last year twenty twenty four, twenty twenty three and
(25:40):
twenty twenty two. Now, I'm not saying it's all going
to end tomorrow, but.
Speaker 3 (25:45):
It's interesting, isn't it. Sixteen to six we're in the US.
Speaker 2 (25:47):
Next fourteen to six news talks, they'd be on David
Seymour talking about banning four kids the smart phone rather
than the apps. This textas says, Ryan didn't think Seymour
was turning wanted to turn his z Ellen into a
communist country. I decide what fine is based for my
kids to be fear. He doesn't seen this as policy.
He's basically this is an idea. It's a little thought
bubble from David Temoll this.
Speaker 1 (26:08):
Morning, International correspondence with ins and Eye Insurance, peace of
mind for New Zealand business.
Speaker 2 (26:15):
We've got to Keady forasure, our US correspondent this morning,
thirteen away from six, Trump and full chest booting, bomb
dropping mode at the moment.
Speaker 3 (26:22):
Kady, that's right.
Speaker 16 (26:24):
This is the fifth consecutive day of US attacks on
Iran during what is supposed to be a period of negotiations,
a sixty day negotiation period before they get onto trying
to find a lasting piece. But that cease fire certainly
over now as both sides exchanging strikes. Donald Trump has
(26:45):
flip flopped over the hall MoU straight as well, saying
a couple of days ago that he was going to
charge tolls four ships to pass through that and now
saying he won't do that, but still that the US
is in control of the Strait of Hormu's Iran saying
in fact they're in charge of the straight of war moves.
So things don't really feel like they're progressing at all.
(27:06):
And I think it shows just how Donald Trump is
struggling to find an exit from this conflict. It's not
serving him well domestically given the price of gas and
petrol at the filling stations. He has midterm elections where
many of his Republican lawmakers are up for election in
November coming up, and at the moment he can't seem
(27:27):
to find a way out of this. And of course
it's important to note that the straight of hor moves
and who is supposedly in control of It was not
an issue before he began this war with Israel against Iran.
Speaker 2 (27:38):
Very good point in Dan A Tony Blanche. This is
Trump's pick for attorney general, got the Sceenate confirmation hearing underway.
Speaker 3 (27:45):
Is it all going to be good for him?
Speaker 16 (27:47):
Well, he has, of course full Republican support in there.
He has faced some difficult cross examination from Democratic lawmakers
who have accused him of essentially being Donald Trump's personal lawyer,
which he used to be in fact, rather than the lawyer,
you know, the US's top lawyer in supposedly impartial from
(28:09):
the president. He was also asked about whether he would
meet the victims of Jeffrey Epstein in person. He kind
of fludged his answer to that and said that certainly
someone from his office would, but it wouldn't be him himself.
But he did say when asked that Donald Trump would
not be eligible to serve a third term as president.
(28:30):
I think that is a concern that some Democrats have
that he would attempt to change the constitution and stay
in power longer than his two terms.
Speaker 3 (28:38):
All right, and thanks for your updeck, Katie Forsher, our
US correspondent this morning. It is eleving away.
Speaker 1 (28:43):
From six Bryant Bridge.
Speaker 2 (28:45):
Bird flu is landed in New Zealand. One sick bird
on a beach in Pa Tony. The H five strine
is the one that we're talking about. Officials saying, yeah,
there is a risk to poultry and beyond, but not yet.
Speaker 17 (28:56):
It is not a human health issue, also a food
safety as a song as you're cooking your chicken, meat
and eggs as you're supposed to do. You know, I
feel that we are very well prepared for this disease
arriving here. We are effectively one of the last places
in the world to get it.
Speaker 2 (29:11):
Jim McGegan, University of Otago, Professor evolutionary Virologists for US
this morning, Jennamen.
Speaker 3 (29:16):
Good morning, Good morning.
Speaker 2 (29:18):
Yeah, tell me, I don't want people to freak out
about stuff. And I'm seeing a headline from a news
article right now that says newly arrived bird flu could
wipe out New Zealand's endangered species expert Warms. Is that
overblowing it?
Speaker 18 (29:34):
You know, this is a hugely significant event that we
have no detected each five and one bird flu in
New Zealand. It's not surprising that it is here now,
given that it's spread around the world and the recent
weeks of it being detected in Australia. It is, you know,
a very severe infection when it comes to wildlife and poultry.
(29:58):
And there are some species in New Zealand of birds
that are already on the brink of extinction. So I
wouldn't say it's overblowing it saying that, you know, these
these birds are already threatened and a virus like this
could be catastrophic for them.
Speaker 2 (30:14):
Okay, we're vaccinating them though, aren't we the breeding ones?
Speaker 3 (30:18):
Apparently that's yeah.
Speaker 18 (30:20):
So the Department of Conservation has carried out some vaccine
trials over the last two years, seeing how effective they
are on a number of key species that are native
and endemic here that are you know, very well managed,
and so over the past few weeks since the arrival
of this virus in Australia, they have expended that program
(30:44):
and so have vaccinated key species that are already highly managed.
So it's quite relatively feasible for them to do that
with with with animals they can catch now there are
many different wildlife species. It's really hard to vaccinate, as
you can imagine, So while they're can't get.
Speaker 2 (31:05):
Them all, can't get them all with poultry is a
big business two point two billion dollars in Australia that
they have had finds of single birds kind of like
the one we had in Brittany, but it hasn't led
to mass mortalities over there.
Speaker 3 (31:18):
What are you looking for? What's the next thing you
look at and go, oh, it's escalating.
Speaker 18 (31:23):
Yeah, you know, we've now seen some in Australia. We've
seen sort of birds wash up on beaches and that's
kind of what the pattern we're seeing here now. Once
it starts spreading in New Zealand on the mainland between
birds here, that's when it's escalating, and that's when there's
a risk that potentially the virus could get into poultry
(31:46):
sheds or farming. So that's the sort of point where
where you'd be a bit more concerned about this.
Speaker 2 (31:54):
The next step. Jim, I appreciate the update. Thank you
very much for being with me this morning. Jim mcgigan,
University of Ottiger profess evolutionary virologist.
Speaker 3 (32:01):
It is eight to six. News talks have been mite
with us.
Speaker 1 (32:03):
Next get ahead of the headlines on early edition with
Ryan Bridge and Spark for business technology that keeps business
moving news talks.
Speaker 3 (32:14):
That'd be five to six.
Speaker 2 (32:15):
Apparently, this particular strain of bird flu that the academic
was talking about just a second ago originated.
Speaker 3 (32:20):
In nineteen ninety six from some Geese and China. Five
to six.
Speaker 1 (32:25):
Yann Bridge Bridge.
Speaker 3 (32:27):
Mike, good morning. Hey you go good? How are you?
Speaker 8 (32:30):
You know?
Speaker 3 (32:31):
Yeah?
Speaker 13 (32:31):
Living the dream?
Speaker 3 (32:32):
What are you doing today?
Speaker 13 (32:33):
Well we'll talk it. What's the most respected airline in
the world?
Speaker 3 (32:38):
Mean, well, they presumably they are on time, they they're comfortable.
Speaker 2 (32:44):
Well, they survey people. Is at Skytracks that does the surveys.
Speaker 3 (32:47):
It's a bye. I was watching a YouTube.
Speaker 2 (32:48):
Video two days ago about the top ten airlines premium,
economy and business seats as rated by customers. There's about
ten thousand people who were voting.
Speaker 13 (32:58):
Number one in the world is.
Speaker 3 (33:01):
Singapore was second? Number one was Emirates.
Speaker 13 (33:04):
Emirates Where was in New Zealand not on the top teen.
Speaker 19 (33:08):
It's just as one of those things I just want
we're talking about this on time thing and you can't win.
They can't win, can they? Because I know what's going
to happen. We'll talk to you in New Zealand and
go blah blah blah. It's a stat and the text
machine will just go mental. I was on the way
to write and you know what I mean, It's.
Speaker 13 (33:22):
Like, there's no winning in this.
Speaker 19 (33:23):
And then when you go something like if you say,
like the Mic Hosking Breakfast number one show, right, and
do you know why I can say that because they're.
Speaker 3 (33:30):
Wrapping it in there.
Speaker 13 (33:31):
No, there are numbers to back that up.
Speaker 19 (33:34):
But I couldn't go in and go, well, look, I'll
tell you what the Mike Hosking Breakfast most respected show
in town.
Speaker 13 (33:38):
I mean, because it means nothing the respected.
Speaker 2 (33:40):
No, But but a survey would be less reliable than
the actual number. They can tell you what time their
plane gets into the airport precisely know.
Speaker 13 (33:50):
But you know that's the average problem, isn't it.
Speaker 19 (33:53):
Because unless your experience, yes, that matches up with it,
then your average experience doesn't really matter.
Speaker 13 (33:58):
It doesn't at the.
Speaker 19 (33:59):
End of the day anyway doing it Roger twoy Vasar
Shekson this morning, by the way, interesting bringing his saune
in because he's done for but he's working with Sky
these day, so we'll have a bit of a chat
with him after.
Speaker 3 (34:09):
Well, good stuff, Mike, with your next Happy Thursday. See tomorrow.
Speaker 1 (34:19):
For more from Early Edition with Ryan Bridge. Listen live
to news Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio
The issues, the interviews and the insight. Ryan Bridge on
an early edition with Spark for business Technology that keeps
business moving news talks.
Speaker 2 (00:10):
They'd be good morning, six out the five Great to
have your company. It is boodflu yats here, but don't panic,
that's the message. We'll head to the US this morning
for the latest Trump update on the war card spending
numbers down.
Speaker 3 (00:21):
We'll look at why, and the.
Speaker 2 (00:23):
Big dogs from some smaller countries in town for a
trade meeting. Got all the details for you on that too.
Speaker 3 (00:30):
The agenda Tuesday, sixteenth July.
Speaker 2 (00:32):
Great to have your Company run says they're going to
choke more oil roots because of the bombing.
Speaker 4 (00:38):
Next week comes the power plants. Next week comes the bridges.
We're going to knock out all their power plants. We're
going to knock out all their bridges unless they get
to the table and negotiate.
Speaker 3 (00:49):
The strait continues to be like a barn door in
the wind.
Speaker 2 (00:51):
Open closed, open, close, open, closed, today closed. Literally there's
change was by the day. One time the street a
zone been, the next.
Speaker 3 (00:58):
Day it's closed.
Speaker 5 (01:00):
One day we're going to charge a toll, the next
day we're not.
Speaker 2 (01:03):
Let's go to the UK Star has had his last PMQ's.
This is after he's left the team at Downing Street
said goodbye for the final time.
Speaker 6 (01:11):
He might not have answered many of the questions I
asked him, but at least he turned up. So does
the Prime Minister agree with me that his successor should
come to this place and answer questions rather than scoring
away for.
Speaker 7 (01:24):
The summer, Mister Speaker, as Prime Minister, I have participated
in over sixty PMQ's and I've answered or at least
given answers on two eight hundred times, and I'm sure
she will question my successor in the same way.
Speaker 2 (01:44):
Meanwhile, Reform UK SES a man's been arrested after allegedly
threatening to shoot Nigel Faraje in a social media post.
Now the social media post was actually made back in May,
so we'll look at what's going on there in a second. Finally,
remember the guy who was sucked out a window of
a plane on a Ryanair flight from Greece to Germany.
While the wife of this guy, he was sixty one
years old, she's given a first hand account of what
(02:08):
actually happened on board.
Speaker 5 (02:11):
Together we managed to pull him back inside. His upper
body was severely disfigured, his arm was badly injured, and
there was blood everywhere. She says her husband Lubisha lost
consciousness three times and was partially outside for up to
two minutes.
Speaker 3 (02:26):
Pretty frightening.
Speaker 2 (02:26):
So part of the plane's engine apparently ruptured at the
debris goes into the window and then causes the window
to explode. That's where they got into trouble.
Speaker 1 (02:37):
On your radio and online on iHeartRadio Belly Edition with
Ryan Bridge and Spark for Business Technology that keeps Business
Moving News talk z'b.
Speaker 3 (02:47):
Give me a Texas Morning nine, two ninety two. The
first thing that came up when I was looking at the.
Speaker 2 (02:51):
Bird flu situation, because we've spoken to Andrew Hoggart about
this before, the potential for it coming. I mean, it's here,
but don't panic, don't freak out. But the first thing
that popped up when you go to what are other
people searching about the bird flu? Was can I still
eat KFC with the bird flu?
Speaker 3 (03:07):
Here?
Speaker 2 (03:08):
The answers, well, as long as it's cooked properly, yes
you can. So they found us one six seabird in Potoni,
one six seabird, but they reckon there's probably more six
seabirds out there come across the ocean apparently was acting
a bit weird. People were going up to the bird
and the bird wasn't flying away, it was letting them approach,
(03:28):
and so people said that that's odd. Took it to
the zoo and did a test and bob's your uncle.
It's h five. She's landed. So the advice is, will
do nothing. I mean, you see any birds acting weird,
then call doc or whatever, but don't freak out, don't panic,
no need to do that. Poultry industry is a big
(03:49):
one because it's worth two point two billion dollars to
this economy. Our exports are two hundred million dollars. So
it is an important industry for New Zealand and you
don't want it getting in there. The death rate for
chickens is one hundred percent. However, there is no evidence
that there's widespread or even transmission happening in New Zealand
at the moment. So they say, you know, just wait
and see, watch and see and cook your chicken, cook
(04:11):
your eggs. We'll look at that in detail. Just before
six this morning.
Speaker 3 (04:15):
Ryan Bridge coming out next.
Speaker 2 (04:17):
We will talk about this business forum because we have
the India FTA big song and dance. Now, we have
an international business forum happening here on Friday, and some
relatively important people and relatively relatively important countries are here
and we're only just hearing about it now, which is interesting.
(04:37):
So we'll talk about that next. News TALKSB the early.
Speaker 1 (04:40):
Edition Full the Show podcast on iHeartRadio powered by NEWSTALKSB.
The news you need this morning and the in depth
analysis this early edition with Ryan Bridge and Spark for
Business Technology that keeps Business Moving.
Speaker 3 (04:56):
News TALKSB five thirteen. News Talks HEB.
Speaker 2 (05:00):
There will be flights affected by fog and Auckland Airport
this morning, you can be sure, But what about the
on time performance of our national carrier because everyone would
know it wasn't that long ago, and you still hear
people complaining about it now, but complaining about the fact
that the planes just weren't leaving on time, or actually
weren't leaving at all. They've now put out a press
release just this morning, this is in New Zealand, saying
(05:20):
that they have had strong year on year improvements to
their operational performance. That's code for the planes are leaving
on time mostly eighty six percent of flights arriving within
fifteen minutes of schedule. This is for the month of June,
they had twelve two hundred and seventy nine flights and
eighty six percent of them arrived within fifteen minutes of
(05:41):
when they should have. That's actually down from May where
they had eighty nine percent. So they've done better by
eight points on the year prior. That's what the point
that they're making over the year were up almost ten
percentage points. Now Jetstar had to look at them this morning,
eighty one point six percent, so in New Zealand for
(06:02):
June beating jet Star.
Speaker 3 (06:03):
For May was eighty three percent.
Speaker 2 (06:06):
Again in New Zealand for May, beating jet Star, which
is where they want to be. I mean, how hard
does it just get up in the They did say
in New Zealand, periods of severe winter weather, Wellington Airport
fire and other disruptions outside of our control contributed to
the probably, I guess the remainder fifteen or so percent.
It is fourteen after five.
Speaker 3 (06:27):
Tatman is the top.
Speaker 2 (06:27):
McLay hosting a global officials for a Big Trades meeting
on Friday. This is the future of investment and trade
partnership ministerial meeting. Chile, Costa Rica, Iceland, Malaysia, Morocco, Singapore,
Switzerland all going to be the total twenty one small
medium trading countries will be represented. Felicity Roxburgh is International
Business from executive director with US This morning, Felicity, good morning.
Speaker 8 (06:50):
Good morning.
Speaker 3 (06:51):
Is this a big deal?
Speaker 8 (06:54):
This is a big deal for small countries. I mean
it may seem like an eclectic group when you read
out that list, but I think you know, we all
have something in common. We rely on global trade and
it's a really difficult time out there for a exporters,
so why not try to work together?
Speaker 3 (07:11):
How well are we working with these countries as it is.
Speaker 8 (07:14):
Well, this is a kind of a new mechanism and
it does things in a different way. So it's about
small countries deciding that they'll do something called pathfinding, which
in trade means they try things or they innovate things,
and if they work, then they try and attract other
countries to do the same things. But we do have
some of our best buds in this group as well.
(07:35):
We've got Singapore with whom we have a very strong
trade relationship, and the UAE is also another key partner
for New Zealand.
Speaker 2 (07:43):
How much of this is about routes that are already
existing or routes that we you know, regular trading routes
that we can sort of leverage off. I mean Costa Rica.
How much trade do we do with Costa Rica?
Speaker 8 (07:55):
Yeah, I mean some of them are new shall we
say new trade partners for US. I mean another way
is will Wander Paraguay. So you know, this group is
not really just about market access. This group is about
focusing on some issues fly chains, open light, tackling non
tariff barriers, doing paperless or digital trades. So this is
(08:18):
like having common certification within our markets. The idea being
that you know, we do have agency. We're not just defensive.
We don't just have defensive interest in this global environment.
We can work together as small countries.
Speaker 2 (08:32):
Good stuff, Nice to have you on the show. Felicity
Rocksborough has with US International Business Form executive Director. Time
is sixteen after five. I lived in Costa Rica for
a little while. I lived in San Jose and the capital,
and I mean beautiful place, beautiful coastline, a bit of jungle,
lots of bananas, beautiful food, and very very cheap to
(08:53):
live a lot of Americans go live there because it's
cheap literally because of the cost of living. Some of
them probably run away from debts. There was a few
sort of weird characters there, a lot of people running
this online casino, online casino and betting agencies there. A
lot of Americans go down there because the cost of
labor is cheaper and set up. There was one of
(09:14):
them who was selling magazine subscriptions to Americans over the phone.
Very weird things happening actually in Costarecta, now that I
think about it. At seventeen minutes after five News talks'b
we'll talk about that card spinning data out yesterday.
Speaker 1 (09:28):
Next the Early Edition full show podcast on iHeartRadio, Power
by News Talks at B here Ittt first Ryan Bridge
on Early Edition with Spark for business technology that keeps
business moving News Talks dB five nineteen.
Speaker 2 (09:44):
This curious case of Anne Whittak come over in the
UK where police said, oh, this is the politician who
was allegedly murdered quite brutally in her own home. And
police said, initially on our theres nothing to see here,
it's not politically motivated, there's no terrorism or in there.
And then a few days later that went oh, actually,
yeah there is. So there's now been a guy in
(10:04):
his twenties who's arrested on suspicion of threatening to kill
Nigel Farage. Here's the tweet. It's actually reported to police
back in May and they're only now making an arrest.
What are we sixteenth of July the post on X
I am going to shoot you in the head if
you win charming. So that was back in May. Guy's
(10:26):
been arrested. He's now released on bail. But coming back
to Anne Whittakim, Nigel Farag says he had calls from
the prime from Starma on Friday and on Saturday and
from police who said to him, no, no, no, no, this
is just something else.
Speaker 9 (10:42):
And they both told me it's a burglary that's gone wrong.
I said, no, he's not. A burglar does not put
his car on your drive and walk into the house.
A burglar arks in a lay by down the road
or has a getaway driver. And I went to Dartmoor
on sadly and I said, I have no doubt this
is a premeditated murder.
Speaker 2 (11:04):
The question is, would if you're an assassin, would you
you know equally? Would you park your car on the
driveway and then go in and shoot somebody or bludding
them to death. Well, equally a good question. Twenty one
after five, Brian. So we're being more careful with our money.
This is card spending data, official stats out yesterday, seasonally adjusted,
down one point four percent in June compared with May.
(11:26):
We were up slightly actually on the previous same month
previous year. Big hits a hospit down one point nine,
apparel down two point two, even fuels down one point seven.
Chris Wilkinson, First Retail Group managing direct with me this morning. Chris,
good morning, Hey Ryan, how are you very well?
Speaker 3 (11:42):
Thank you.
Speaker 2 (11:43):
So we're spending we're saving on the petrol, but then
we're not going out and blowing it on discretionary.
Speaker 3 (11:48):
Yeah.
Speaker 10 (11:48):
People have been very cautious at the moment, which is
fair enough, isn't it.
Speaker 3 (11:52):
How is that impacting retailers though?
Speaker 10 (11:55):
Oh, look, I think the retailers, you know, they've had
they've had some big challenges around cols. Increases, distribution costs
have been seen right across our retail categories. So they're
fighting a couple of a couple of fronts at the moment.
Speaker 3 (12:11):
What can you actually do about that.
Speaker 2 (12:13):
For if you're a retailer, because as you said, your
costs her up, so your instinct must be to discount.
But then you're undermining your business. What do you actually
do to keep the money that is there in your shop?
Speaker 10 (12:28):
Yeah? Yeah, you just have to be hungry. You really
have to go for your unfair share of the market.
Good strong retail disciplines, be there, be open, love your customers,
and those are the simple fundamentals retailers need to remember.
Speaker 2 (12:43):
Good stuff. Chris GOOTV on the shows always. That's Chris Wilkinson.
First retail group with us this morning. It is twenty
two minutes after five. And I was bought a of
all things like a big round Paul toy, a blow
up one. And there was a particular shop. I was
on holiday, and it was a particular shop that I
wanted to get it from because I quite liked the
look at it and I quite like the color, and
(13:04):
I never bought one of these things before, and so,
and I was realized the shop was going to close
in five minutes. It's an owner operator store. Lady was lovely. Anyway,
I rang the store and I said, well, I'm coming,
but I'm going to be late. Your store is going
to be closed. Will you stay open? And she stayed
open another ten minutes and then I was in the shop,
(13:25):
got chatting. She know she was selling me other stuff.
So she's worked an extra forty five minutes on the
basis of one phone call.
Speaker 3 (13:33):
And that's what you do when you're in when you're
a small business owner.
Speaker 2 (13:36):
Those are the kind of sacrifice you know would have
missed probably dinner with her family. Those are the kind
of sacrifices, sacrifices that you make to make a buck.
Twenty three after five News Talks the' B. We'll talk
about David Seymour's latest idea for your kids and their phones.
Next News Talks n B twenty five after five is
banning smart phones for kids, a dumb idea, not the apps,
(13:58):
but the phones themselves.
Speaker 3 (14:00):
That would leave them with dumb.
Speaker 2 (14:01):
Phones, Sands, apps, sands Internet, just text and phone calls.
Remember the old Nokia or the Alcatels of the early
two thousands. They came in that sort of weird light
orangey peachy color. There was a purply bluey one as well.
You could get two tight two colors and one type
David Semol's talking about this. This is after a blog
(14:21):
post suggesting it'd be easier and less restrictive for everyone
else if we just banned the hardware and not the software.
Make smartphones like cigarettes or beer. If you saw a
twelve year old with one, you would judge their parents,
wouldn't you. At present, parents hand these things out like candy,
caving by osmosis to their kid's pear pressure to own
(14:43):
one of the things. The social media bands don't really
seem to be working very well. As we've spoken about before,
half the Aussie kids get around theirs. Where there's a world,
there's always a way. Banning the actual device itself does,
on the face of it, kind.
Speaker 3 (14:58):
Of make more sense.
Speaker 2 (14:59):
Don't you think you can still communicate, but not with
the entire world, and not with the entire sum of
human knowledge, good and bad at your unsupervised child's fingertips.
This way, adults can keep using social media and not
have to use some ID or a date of birth
test to log into their Facebook, which all sounds great,
(15:19):
except the real problem here is parents themselves. They're often
the ones who are on their phones and ignoring their
kids in the first place. If you were a child,
wouldn't you want to be doing whatever your parents were
doing too? It doesn't really matter what the law says,
and changing it won't change everything. It's ultimately up to
adults raising those kids to teach them right from wrong,
(15:42):
good from bad, and whether eight hours a day doom
scrolling is a behavior that's acceptable for them.
Speaker 3 (15:48):
Or their kids. Spray and Bridge twenty seven after five. China.
Speaker 2 (15:55):
We spoke about them yesterday because they've had some fantastic
export data China AI hardware, you know anything yet AI
needs to power itself up, probably come from China or
Taiwan or South Korea. But China's doing well. Also, they're
selling a bunch of evs, so export wise great. The
(16:16):
economy quarter two, well, they only grew by four point
three percent, which I know we shouldn't scoff at sitting
down here on less than one, but it is their
slowest rate of expansion since twenty twenty two. Why while
the war with the Ran investment domestic demands being softer
as well. You know, they've had housing price issues over there,
which affects consumer confidence as we know here. So four
(16:38):
point three percent was their number. It's interesting having had
some experience with Beijing. They you can not completely trust
all the economic data that comes out of China. There
are people there whose job it is they're almost like
economic investigators to determine whether the number that Beijing tells
(17:00):
you as the number is really the number. And they'll
go around and do things like count how many trucks
are coming out of this port, how busy is this port,
how much cement is being used, how much are factories,
you know, how many cars are parked in the factory
car park. All that kind of stuff kind of work
backwards and figure out how real it is. In any case,
(17:21):
that's the published number, so you could expect it to
be four point three percent or less, you know.
Speaker 3 (17:28):
On News Talks, we will head to the.
Speaker 2 (17:30):
US, find out what Trump's saying, probably the opposite of
what he said yesterday that's coming out.
Speaker 3 (17:37):
Plus we'll talk Don't Panic, Boom Flu News Talks b.
Speaker 1 (17:47):
The Early Edition Full the Show podcast on iHeartRadio Power
by News Talks. It be the first word on the
News of the Day Early Edition with Ryan Bridge and
Spark for Business Technology that keeps Business Moving.
Speaker 3 (18:03):
News Talk ZB look at morning's.
Speaker 2 (18:12):
Twenty four minutes away from six here on news talks
EDB coming up one sick bird. Don't worry. Poultry has
been on bird flu prep watch, so they say they're
getting ready for it. We'll talk about that in about
fifteen minutes time. We'll head to the US as well,
Trump and the war all that stuff. PayPal, Remember PayPal,
maybe you still use it. There are so many other
online payment options now that PayPal sort of became obsolete.
(18:35):
Maybe you used it for a while. Anyway, their shares
are up sixteen percent this morning. Apparently someone wants to
buy them a stripe, which is a private equity firm
advent along with a process, a payments process, a stripe.
They've offered by sixty dollars and fifty cents a share.
This would value the company at fifty three billion now.
Market value yesterday was forty two billion, so they've jumped
(18:59):
up and and valued it over three hundred billion dollars
at the time. And you might remember this that it
was last sold and that was back in twenty twenty one,
so the price.
Speaker 3 (19:12):
Then was three hundred bucks. The value was three hundred billion,
and now it's.
Speaker 2 (19:16):
Worth forty two Although jumping up on the back of
this news interesting, no way, and so many other Presumably
they will just merge it with whatever other payment processes
they have.
Speaker 3 (19:27):
On at the moment.
Speaker 2 (19:27):
There's a really interesting piece about the raging bull market
that we have had going on in Wall Street for
the last three years and nine months to be exact.
The S and P five hundred has more than doubled
during that period, and there's everyone wants to know when
will it end? Well, there's a semi answer to that.
I'll give you to it shortly twenty two minutes away
from six first our reporters Cullum and dned Morning. Colum Morning, right,
(19:51):
so Otaga Uni researchers are telling women in particular to
just take everything online to do with exercise with the
grain of salt.
Speaker 11 (20:00):
Yeah, that's pretty much sums it up.
Speaker 3 (20:02):
Ryan.
Speaker 11 (20:02):
This is a study which has reviewed four common claims
found online and discovered little evidence to support them. This
includes advice that women shouldn't fast, that hydration needs change
during the menstrual cycle, and women need different carbon protein
strategies to men. The co author of this study here
is Professor Catherine Black. She's told us a lack of
(20:23):
research into women's health is helping fuel this misinformation online.
She says women's exercise has been overlooked throughout history and
these claims are being made up to fill the gap.
The professor says some studies used to support these claims
were based on animal models and don't reflect how the
female body responds.
Speaker 2 (20:42):
So don't listen to the fitness influences on the internet.
How's your weather come?
Speaker 11 (20:48):
You mainly find here today westerly is the high of
twelve for Dene.
Speaker 2 (20:51):
Nice one, Thank you Claires and christ Church morning Claire.
Why is a christ Church counselor in a bit of
a tiff with government?
Speaker 12 (20:58):
Yes, a bit of a bit of chene and down here,
let's say that much. Heathket Counselor Nathaniel hers Jardine says
the council's relationship with central government is simply failing. That's
after the Finance Minister Nikola Willis claimed last month that
christ Church didn't ask for anything in this year's budget
and that's why it didn't get anything. But hers Jardine
says the council did right to South Island Minister James
(21:19):
Megaback in February with five clear requests. He says they're
still waiting on a response. Those requests included funding and
support for mass rapid transport and also help with the
future proofing of Littleton Port.
Speaker 13 (21:31):
Hers.
Speaker 12 (21:31):
Jardine says he was gusted to hear Willis's comments. There's
a lack of relationship there which creates uncertainty about projects.
Council doesn't know what central government wants them to work on. Interestingly,
Mega replied to us at News Talk s'b He says
that he often meets with the mayor and that there
is a council meeting that is in the works once
they can get their diaries to align.
Speaker 3 (21:51):
All right, how's your weather.
Speaker 12 (21:53):
Mainly fine, there is a chance of a morning shower,
westerly's dying out and thirteen degrees.
Speaker 3 (21:57):
Nice one to best. Good morning. You're going to be
updated on a eleik.
Speaker 14 (22:01):
Yeah, good morning, Ryan, So we do. Two more major
events have been popped in the calendar here in Wellington
for November seven, or election day. Despite this, though, the
Electoral Commission's not worried at all about voter turnout. I mean,
Wellington Central saw eighty four percent cast votes in twenty
twenty three. So this is the High Tide Music Festival
(22:22):
which will bring thousands to Wellington's White Honey Park and
cricket fans they're being treated as well as The black
Caps will face India in a one day Test match
or one day match at Henry Stadium on the same day.
Up in Auckland's Auckland FC is also taking on the
Phoenix and the derby match that drew out more than
twenty five thousand last year. Chief Electro Officer Carl lacaydes
(22:43):
his voters can always cast the ballots early or vote
before heading to these events. He adds the commissioners also
planning on putting booths near the events.
Speaker 3 (22:53):
Okay, so you can go to high Tide and vote.
Speaker 14 (22:55):
Yeah, listen to some Drummond bass and cast.
Speaker 3 (22:57):
Vote okay as you. Weather very mild.
Speaker 14 (23:01):
Today, a bit of rain clearing this morning. Northwesterly winds
and fifteen degrees thanks.
Speaker 3 (23:05):
To bears winds and Auckland. Good morning, Good morning.
Speaker 2 (23:08):
This is shocking breaking news. Two parrots kidnapped from the
North Shore.
Speaker 15 (23:13):
It does sound unusual, doesn't it. Two pet parrots bird
nat from Auckland stole shore. Don't worry, They've been reunited
with their family. Nico and Mango are two sun con
your parrots. They were taken during the burglary in Brown's
Bay on Friday. The colorful pair were stolen out of
their cages along with several tools. Police are seeking CCTV
(23:33):
footage and when they were asking people to help to
find these beloved pets, a woman walking her dog in
a Glenfield park yesterday found them. They've been reunited with
the relief family. Apparently these pets are popular because of
their playful and affectionate nature. In case you were thinking
of getting one.
Speaker 3 (23:48):
What were they just in the park, just hanging out.
Speaker 15 (23:51):
Just hanging out in the park, notably having a good time.
Speaker 2 (23:53):
Bird people weird, you know, with cages in their living rooms,
all the feathers in the poop and the noise.
Speaker 3 (24:00):
I don't like it. And when they put a little
curtain over this. How's weather, well, you.
Speaker 15 (24:06):
Can see once again on the drive in morning folk
or cloud. But you know then it does seem to lift.
And we do have some fine spells, don't we. A
few isolated showers around as well, with northerly as are
turning westerly seventeen degrees high.
Speaker 3 (24:18):
Very nice, Wendy, thank you very much.
Speaker 2 (24:20):
It is seventeen speaking of to six. Just telling you
a little earlier about the bull market. So three years
and nine months to be precise, that the S and
P five hundred has been in bull mode. It's double
during that period, and everyone wants to know when does
it end? How does it stop? The Wall Street Journal
has a piece on this this morning, and I wanted
to share a little bit of it with you. Markets
(24:41):
don't collapse because of old age. Even high prices aren't
usually enough alone to cripple a ball. But one way
that stocks can slow is when new issuance overwhelms investors
and otherwise, in other words, supply outstrips demand. I know
it's counterintuitive, but it happens, and it has happened. This
was nineteen ninety nine, late nineteen ninety nine, first half
(25:04):
of two thousand, you know, pre dot com collapse happened
then too. So if you look at how many shares
and offerings have gone up, SpaceX seventy five billion, alphabets
equity rays that's Google eighty five billion.
Speaker 3 (25:17):
This is also far this year.
Speaker 2 (25:19):
Then we've had Henex, you know, the South Korean twenty
six billion. You add all that up, the rush of
stock and bond issuance this year already is three hundred
and forty four billion dollars of new shares have been
sold to investors. That's more than the full year totals
for last year twenty twenty four, twenty twenty three and
(25:40):
twenty twenty two. Now, I'm not saying it's all going
to end tomorrow, but.
Speaker 3 (25:45):
It's interesting, isn't it. Sixteen to six we're in the US.
Speaker 2 (25:47):
Next fourteen to six news talks, they'd be on David
Seymour talking about banning four kids the smart phone rather
than the apps. This textas says, Ryan didn't think Seymour
was turning wanted to turn his z Ellen into a
communist country. I decide what fine is based for my
kids to be fear. He doesn't seen this as policy.
He's basically this is an idea. It's a little thought
bubble from David Temoll this.
Speaker 1 (26:08):
Morning, International correspondence with ins and Eye Insurance, peace of
mind for New Zealand business.
Speaker 2 (26:15):
We've got to Keady forasure, our US correspondent this morning,
thirteen away from six, Trump and full chest booting, bomb
dropping mode at the moment.
Speaker 3 (26:22):
Kady, that's right.
Speaker 16 (26:24):
This is the fifth consecutive day of US attacks on
Iran during what is supposed to be a period of negotiations,
a sixty day negotiation period before they get onto trying
to find a lasting piece. But that cease fire certainly
over now as both sides exchanging strikes. Donald Trump has
(26:45):
flip flopped over the hall MoU straight as well, saying
a couple of days ago that he was going to
charge tolls four ships to pass through that and now
saying he won't do that, but still that the US
is in control of the Strait of Hormu's Iran saying
in fact they're in charge of the straight of war moves.
So things don't really feel like they're progressing at all.
(27:06):
And I think it shows just how Donald Trump is
struggling to find an exit from this conflict. It's not
serving him well domestically given the price of gas and
petrol at the filling stations. He has midterm elections where
many of his Republican lawmakers are up for election in
November coming up, and at the moment he can't seem
(27:27):
to find a way out of this. And of course
it's important to note that the straight of hor moves
and who is supposedly in control of It was not
an issue before he began this war with Israel against Iran.
Speaker 2 (27:38):
Very good point in Dan A Tony Blanche. This is
Trump's pick for attorney general, got the Sceenate confirmation hearing underway.
Speaker 3 (27:45):
Is it all going to be good for him?
Speaker 16 (27:47):
Well, he has, of course full Republican support in there.
He has faced some difficult cross examination from Democratic lawmakers
who have accused him of essentially being Donald Trump's personal lawyer,
which he used to be in fact, rather than the lawyer,
you know, the US's top lawyer in supposedly impartial from
(28:09):
the president. He was also asked about whether he would
meet the victims of Jeffrey Epstein in person. He kind
of fludged his answer to that and said that certainly
someone from his office would, but it wouldn't be him himself.
But he did say when asked that Donald Trump would
not be eligible to serve a third term as president.
(28:30):
I think that is a concern that some Democrats have
that he would attempt to change the constitution and stay
in power longer than his two terms.
Speaker 3 (28:38):
All right, and thanks for your updeck, Katie Forsher, our
US correspondent this morning. It is eleving away.
Speaker 1 (28:43):
From six Bryant Bridge.
Speaker 2 (28:45):
Bird flu is landed in New Zealand. One sick bird
on a beach in Pa Tony. The H five strine
is the one that we're talking about. Officials saying, yeah,
there is a risk to poultry and beyond, but not yet.
Speaker 17 (28:56):
It is not a human health issue, also a food
safety as a song as you're cooking your chicken, meat
and eggs as you're supposed to do. You know, I
feel that we are very well prepared for this disease
arriving here. We are effectively one of the last places
in the world to get it.
Speaker 2 (29:11):
Jim McGegan, University of Otago, Professor evolutionary Virologists for US
this morning, Jennamen.
Speaker 3 (29:16):
Good morning, Good morning.
Speaker 2 (29:18):
Yeah, tell me, I don't want people to freak out
about stuff. And I'm seeing a headline from a news
article right now that says newly arrived bird flu could
wipe out New Zealand's endangered species expert Warms. Is that
overblowing it?
Speaker 18 (29:34):
You know, this is a hugely significant event that we
have no detected each five and one bird flu in
New Zealand. It's not surprising that it is here now,
given that it's spread around the world and the recent
weeks of it being detected in Australia. It is, you know,
a very severe infection when it comes to wildlife and poultry.
(29:58):
And there are some species in New Zealand of birds
that are already on the brink of extinction. So I
wouldn't say it's overblowing it saying that, you know, these
these birds are already threatened and a virus like this
could be catastrophic for them.
Speaker 2 (30:14):
Okay, we're vaccinating them though, aren't we the breeding ones?
Speaker 3 (30:18):
Apparently that's yeah.
Speaker 18 (30:20):
So the Department of Conservation has carried out some vaccine
trials over the last two years, seeing how effective they
are on a number of key species that are native
and endemic here that are you know, very well managed,
and so over the past few weeks since the arrival
of this virus in Australia, they have expended that program
(30:44):
and so have vaccinated key species that are already highly managed.
So it's quite relatively feasible for them to do that
with with with animals they can catch now there are
many different wildlife species. It's really hard to vaccinate, as
you can imagine, So while they're can't get.
Speaker 2 (31:05):
Them all, can't get them all with poultry is a
big business two point two billion dollars in Australia that
they have had finds of single birds kind of like
the one we had in Brittany, but it hasn't led
to mass mortalities over there.
Speaker 3 (31:18):
What are you looking for? What's the next thing you
look at and go, oh, it's escalating.
Speaker 18 (31:23):
Yeah, you know, we've now seen some in Australia. We've
seen sort of birds wash up on beaches and that's
kind of what the pattern we're seeing here now. Once
it starts spreading in New Zealand on the mainland between
birds here, that's when it's escalating, and that's when there's
a risk that potentially the virus could get into poultry
(31:46):
sheds or farming. So that's the sort of point where
where you'd be a bit more concerned about this.
Speaker 2 (31:54):
The next step. Jim, I appreciate the update. Thank you
very much for being with me this morning. Jim mcgigan,
University of Ottiger profess evolutionary virologist.
Speaker 3 (32:01):
It is eight to six. News talks have been mite
with us.
Speaker 1 (32:03):
Next get ahead of the headlines on early edition with
Ryan Bridge and Spark for business technology that keeps business
moving news talks.
Speaker 3 (32:14):
That'd be five to six.
Speaker 2 (32:15):
Apparently, this particular strain of bird flu that the academic
was talking about just a second ago originated.
Speaker 3 (32:20):
In nineteen ninety six from some Geese and China. Five
to six.
Speaker 1 (32:25):
Yann Bridge Bridge.
Speaker 3 (32:27):
Mike, good morning. Hey you go good? How are you?
Speaker 8 (32:30):
You know?
Speaker 3 (32:31):
Yeah?
Speaker 13 (32:31):
Living the dream?
Speaker 3 (32:32):
What are you doing today?
Speaker 13 (32:33):
Well we'll talk it. What's the most respected airline in
the world?
Speaker 3 (32:38):
Mean, well, they presumably they are on time, they they're comfortable.
Speaker 2 (32:44):
Well, they survey people. Is at Skytracks that does the surveys.
Speaker 3 (32:47):
It's a bye. I was watching a YouTube.
Speaker 2 (32:48):
Video two days ago about the top ten airlines premium,
economy and business seats as rated by customers. There's about
ten thousand people who were voting.
Speaker 13 (32:58):
Number one in the world is.
Speaker 3 (33:01):
Singapore was second? Number one was Emirates.
Speaker 13 (33:04):
Emirates Where was in New Zealand not on the top teen.
Speaker 19 (33:08):
It's just as one of those things I just want
we're talking about this on time thing and you can't win.
They can't win, can they? Because I know what's going
to happen. We'll talk to you in New Zealand and
go blah blah blah. It's a stat and the text
machine will just go mental. I was on the way
to write and you know what I mean, It's.
Speaker 13 (33:22):
Like, there's no winning in this.
Speaker 19 (33:23):
And then when you go something like if you say,
like the Mic Hosking Breakfast number one show, right, and
do you know why I can say that because they're.
Speaker 3 (33:30):
Wrapping it in there.
Speaker 13 (33:31):
No, there are numbers to back that up.
Speaker 19 (33:34):
But I couldn't go in and go, well, look, I'll
tell you what the Mike Hosking Breakfast most respected show
in town.
Speaker 13 (33:38):
I mean, because it means nothing the respected.
Speaker 2 (33:40):
No, But but a survey would be less reliable than
the actual number. They can tell you what time their
plane gets into the airport precisely know.
Speaker 13 (33:50):
But you know that's the average problem, isn't it.
Speaker 19 (33:53):
Because unless your experience, yes, that matches up with it,
then your average experience doesn't really matter.
Speaker 13 (33:58):
It doesn't at the.
Speaker 19 (33:59):
End of the day anyway doing it Roger twoy Vasar
Shekson this morning, by the way, interesting bringing his saune
in because he's done for but he's working with Sky
these day, so we'll have a bit of a chat
with him after.
Speaker 3 (34:09):
Well, good stuff, Mike, with your next Happy Thursday. See tomorrow.
Speaker 1 (34:19):
For more from Early Edition with Ryan Bridge. Listen live
to news Talks it'd be from five am weekdays, or
follow the podcast on iHeartRadio
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