Category: Economy
Situation on the fifth day of rioting
by Ted Wood | May 17, 2024 | Area, Breaking News, Economy, New Caledonia, Politics
Fifth day of violence in New Caledonia. The latest official report puts the death toll at five The situation is becoming extremely tense, particularly in terms of health and food. Note that : The first gendarmerie and police...
Read MoreNew Caledonia in a state of emergency
by Ted Wood | May 17, 2024 | Area, Breaking News, Economy, New Caledonia, Politics
The President of the French Republic, Emmanuel Macron, declared a state of emergency in New...
Read MoreRiots in New Caledonia
by Ted Wood | May 14, 2024 | Area, Breaking News, Economy, New Caledonia, Politics
The issue of opening up the electorate led to violent riots in New Caledonia. Gendarmerie...
Read MoreThe yoghurt war!
by Ted Wood | Apr 12, 2024 | Business, Economy, French Polynesia, Politics
The government has decided to open up imports of yoghurt to 100%. Until now, only dairy products from the European Union could be imported. The government’s stated aim is to reduce the carbon footprint of imports. European...
Read MoreThe Nord plant will be out of production for at least six months
by Ted Wood | Feb 13, 2024 | Area, Business, Economy, New Caledonia
Glencore, its industrial partner, is withdrawing and looking for a buyer. The Nord plant is now...
Read MoreThe French State at New Caledonian nickel’s bedside
by Ted Wood | Feb 6, 2024 | Area, Economy, New Caledonia, Politics
“The price of pure nickel on the London Metal Exchange (LME) has just fallen to 16,000 dollars. This is the lowest price for just over a year. According to Reuters, France’s Finance Ministry has announced that France...
Read MoreAircalin wants to serve Paris
New Caledonia’s public airline will have to buy new aircraft On the occasion of the...
Read MoreFrance and Australia fraternize…
by Ted Wood | Dec 6, 2023 | Area, Culture, Economy, Education, Environment, French Polynesia, New Caledonia, Pacific, Politics, Wallis and Futuna
The submarine crisis is an old memory. In September 2021, Sydney cancelled the contract of the...
Read MorePrices fall… a little
by Ted Wood | Oct 17, 2023 | Area, Economy, In Short, New Caledonia
Is New Caledonia seeing the light at the end of the tunnel as far as inflation is concerned? That’s what the statistics institute (Isee) seems to be saying. According to Isee, consumer prices fell by 0.6% over the last...
Read MoreThe State pays AUD 60 million to Caledonia
by Ted Wood | Sep 30, 2023 | Area, Economy, Healthcare, New Caledonia
This money is intended to plug the holes in the local pension fund, the hospital and various social expenses… The civil servants’ pension fund is insolvent. November’s pension payments were threatened. Disabled...
Read MoreSecond Pacific Islands Summit
by Ted Wood | Sep 26, 2023 | Area, Economy, Environment, French Polynesia, New Caledonia, Pacific, Politics, Wallis and Futuna
On Monday, the US President welcomed the leaders of most of the Pacific islands to the White House...
Read MoreFiji Airways in New Caledonia
by Ted Wood | Sep 18, 2023 | Business, Economy, New Caledonia, Travel
The first flight is scheduled for 7 December. Fiji Airways has announced that the inaugural flight...
Read More- Three new radars for Météo France
The French government is to provide 70% of the funding for the renewal of three observation radars. The three new radars cost 13 million Australian dollars. These installations should improve the accuracy of weather forecasts.