Restraint – holding back or keeping in check; an influence that inhibits or restrains; a limitation; control or repression of feelings, constraint.
“New Zealand’s big six agricultural exports have grown in export value by an amazing $2.6 billion over the past year,” says Bruce Wills, Federated Farmers President and its economics and commerce spokesperson.
“Despite the occasional weather bomb, such as the weekend’s storm, wrecking havoc, the summer of 2012 may go down as the dismal summer that boosted the economy.
“The increased value of dairy, meat, wood, fruit, fish and wine exports this season is more than all the revenue generated by Telecom.
“This increased export value provides 2.6 billion reasons why New Zealand needs to safeguard and maximise its agricultural potential.
“Merchandise export volumes right now are at their highest in 22 years and New Zealand’s merchandise exports are up 13 percent on January 2011.
“Dairy remains a star with its export receipts up 17 percent on 2011.
“In December, Fonterra Cooperative Group was packing an export container every 2.7 minutes. Because January and February were mild and damp in most regions, we can expect record numbers given milk production was up around 10 percent on 2010/11.
“Wool has also increased its export receipts by 29.6 percent over last year. The $818 million it generated in the year to January 2012 is an increase of $187 million. While we know meat production volumes are down, its value is up.
The weather that was so disappointing for holiday makers was great for growing grass, however it’s been frustrating for people trying to harvest crops or make hay and silage.
The weekend’s weather bomb has also been very expensive, with claims the devastation was worse than after Cyclone Bola.
Insurance comapnies will take another hit with millions of dollars of damage to buildings but farmers will have to carry the cost of slips and lost trees.
Quote of the day:
“The real voyage of discovery consists not in seeking new landscapes, but in having new eyes.” – Marcel Proust via The Real Voyage of Discovery at Look Up At The Sky – a post which deserves reading in full.
A past Waitaki District Council made a concerted attempt to lure Aucklanders south with the promise of far cheaper housing.
More than one constituent questioned the value of people likely to be enticed by that.
They pointed out that these weren’t necessarily the ones who would provide most benefit to the social and economic fabric of the District. One new business which would create more jobs would almost certainly be better than a greater number of poor people.
This principle also applies to the country.
What sort of immigrants do we need most?
Those with skills, who can support themselves and any dependents and who can make a positive contribution to our society and economy?
Or ones who are likely to end up in need of state assistance?
I’m the daughter of an immigrant and support immigration, but I don’t understand why people are upset at the thought that would-be immigrants who are unskilled, less likely to get work and more likely to end up on benefits won’t find it as easy to come here.
1454 Thirteen Years’ War: Delegates of the Prussian Confederation pledged allegiance to King Casimir IV of Poland who agreed to commit his forces in aiding the Confederation’s struggle for independence from the Teutonic Knights.
1475 Michelangelo, Italian artist, was born (d. 1564).
1521 Ferdinand Magellan arrived at Guam.
1806 Elizabeth Barrett Browning, was born (d. 1861).
1820 The Missouri Compromise was signed into law by President James Monroe allowing Missouri to enter the Union as a slave state, but made the rest of the northern part of the Louisiana Purchase territory slavery-free.
1836 Battle of the Alamo – After a thirteen day siege by an army of 3,000 Mexican troops, the 187 Texas volunteers defending the Alamo were defeated and the fort was captured.
1857 – Supreme Court of the United States ruled in the Dred Scott v. Sandford case that people of African descent imported into the United States and held as slaves, or their descendants—whether or not they were slaves—were not protected by the Constitution and could never be citizens of the United States..
1917 Frankie Howerd, English comedian, was born (d. 1992).
1926 Alan Greenspan, American economist, 13th Chairman of the Federal Reserve, was born.
1927 Gabriel García Márquez, Colombian writer, Nobel Prize laureate, was born.
1944 Kiri Te Kanawa, New Zealander singer, was born.
1944 Mary Wilson, American singer (The Supremes), was born.
1946 David Gilmour, British musician (Pink Floyd), was born.
1947 Kiki Dee, British singer, was born.
1947 Dick Fosbury, American athlete, was born.
1945 Communist-dominated government under Petru Groza assumed power in Romania.
1945 Cologne was captured by American Troops.
1946 Ho Chi Minh signed an agreement with France which recognizes Vietnam as an autonomous state in the Indochinese Federation and the French Union.
1947 The New Zealand Symphony Orchestra made its debut performance – opening the concert in Wellington’s Town Hall with God Save The King the performing selections from Dvorak, Brahms, Butterworth, Enesco, Wagner and Richard Strauss.
1951 – The trial of Ethel and Julius Rosenberg for conspiracy to commit espionage in the USA began.
1953 Georgy Maksimilianovich Malenkov succeeded Joseph Stalin as Premier of the Soviet Union and First Secretary of the Communist Party of the Soviet Union.
1964 Constantine II became King of Greece.
1967 Joseph Stalin’s daughter Svetlana Alliluyeva defected to the United States.
1975 – Algiers Accord: Iran and Iraq announce a settlement of their border dispute.
1981 After 19 years of presenting the CBS Evening News, Walter Cronkite signed off for the last time.
1983 The first United States Football League game was played.
1987 The British ferry MS Herald of Free Enterprise capsized in about 90 seconds killing 193.
1988 Three Provisional Irish Republican Army terrorists are killed by Special Air Service in Gibraltar in the conclusion of Operation Flavius.
1992 Michelangelo computer virus began to affect computers.
2006 South Dakota Governor Mike Rounds signed legislation banning most abortions in the state.
2008 A Palestinian gunman shot and killed 8 students and critically injured 11 in the library of the Mercaz HaRav yeshiva, in Jerusalem.
2009 – US stock markets made an historic “generational low”, with the S&P 500 index reaching an intraday low of 666.79, a level not seen in over 12 years.
Sourced from NZ History Online & Wikipedia