U.S. overpower Paraguay 4-0 in their World Cup opener
The United States began their World Cup campaign in commanding fashion with a 4-1 victory over Paraguay, delivering an emphatic performance that under...
New Zealand's government has announced two new residency pathways for skilled workers, tradespeople, and technicians, aiming to fill critical workforce gaps and stimulate economic growth.
Economic Growth Minister Nicola Willis said that these migrants play a crucial role in addressing workforce shortages and supporting business growth.
She acknowledged that the existing system made it challenging for some skilled migrants to obtain residency, even when their expertise was in demand. The new policy aims to rectify this by introducing more accessible pathways for eligible individuals.
The two pathways are:
Skilled Work Experience Pathway: This pathway targets migrants in ANZSCO Level 1-3 roles who are paid at least 1.1 times the median wage.
Applicants must have a minimum of five years of relevant job experience, with at least two years spent working in New Zealand.
Trades and Technician Pathway: Designed for migrants in specific ANZSCO Level 1-3 roles, this pathway requires a Level 4 or higher qualification and a minimum of four years of experience, including at least 18 months in New Zealand.
These initiatives are set to take effect in the middle of next year and are part of a broader effort to stimulate the country's economy by addressing labor shortages.
Despite positive net migration, New Zealand has faced economic challenges, including negative growth in three of the last five quarters. The government has been introducing various policies aimed at supporting economic recovery, such as boosting foreign investment.
SpaceX has made history with the largest initial public offering ever in the United States, pricing its shares at $135 each and achieving a market valuation of $1.77 trillion.
SpaceX made a historic entrance into the Nasdaq on Friday, surging over 20% in its first day of trading and lifting its valuation to more than $2 trillion. Investors flocked to the world’s largest IPO, betting on Elon Musk’s sprawling empire spanning rockets, AI and beyond.
While France hosts next week’s Group of Seven summit, businesses in neighbouring Switzerland have already begun taking precautions, with many shops in Geneva boarded up ahead of a large anti-G7 demonstration expected on Sunday.
Formula 1 driver Pierre Gasly’s Monaco Grand Prix podium has been reinstated after Alpine successfully challenged his post-race penalties through a Right of Review request with the FIA.
Italian Prime Minister Giorgia Meloni and Polish Prime Minister Donald Tusk have criticised Britain, France and Germany for leaving them out of talks with Russia about a potential future peace deal for Ukraine.
Every June, roughly 13 million young people in China sit down at the same time to take the same test. They have been preparing for it, in many cases, since primary school. Their families have rearranged their lives around it.
Ambassadors from the European Union’s 27 member states have agreed to advance accession negotiations with Ukraine and Moldova, paving the way for the first formal phase of talks to begin on Monday.
European Union countries have agreed to maintain the current three-hour threshold for flight delay compensation in the bloc’s upcoming update to air passenger rights, preserving one of the most recognisable protections for travellers.
Georgia is overhauling its migration laws in one of the most significant legal reforms in years, introducing criminal penalties for fake marriages, tighter controls on foreign students and expanded investigative powers for the migration authorities.
China has expressed strong dissatisfaction over a United States decision to place several major Chinese companies on a Pentagon list of firms alleged to support the country’s military.
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