The election in New Zealand is coming up on September 20 and its been pretty much a foregone conclusion up until now that current PM will cling onto power.
Until now, that is…
Some market chatter this morning on this story on Bloomberg: Dotcom Plots New Zealand Grab With Dance-Party Politics
- Dotcom’s nascent Internet Party, bankrolled with NZ$3 million ($2.5 million) of his own money, has entered an alliance with the Mana Party, led by a Maori activist, to form Internet Mana and boost his chances of gaining political clout.
- polling shows Internet Mana could win as many as five seats — a decisive bloc whose support the main opposition Labour Party would likely need to form a government
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If any more reasons were needed to sell Kiwi this might well be another.
