OPINION: Debate over the past two years has argued cycleways are either a good solution to traffic woes or an over-hyped solution put forward by self-interested industry groups and a left-leaning local politics environment.
Debate over the past two years has argued cycleways are either a good solution to traffic woes or an over-hyped solution put forward by self-interested industry groups and a left-leaning local politics environment.
MOTORING The Holden Volt is a plug-in car that is still capable of long-distance travel. I charged it every night for about $3 and went about my business during the day.
The relisting of General Motors sent stocks on Wall Street surging as investors also bet that Ireland would receive a rescue package.
Nearly 430 million GM shares were traded as the US government sold much of its stake. The shares immediately rose above the $US33 issue price and peaked at $US35.99. They were $US34.07 at the market close (10am NZ time).
The Dow Jones Industrial Average rose 173.35 points, or 1.6%, to 11,181.23, its first gain in three days.
Alcoa led the blue-chip index's gains, jumping 43.7%, while Boeing put on 2.9% and Caterpillar added 2.4%.
General Motors has confirmed the deal to sell its Saab subsidiary to tiny Dutch sports-car maker Spyker Cars is going ahead, subject to a Swedish government loan guarantee.
Spyker, which makes only a few dozen sports cars a year and has never made a profit, has agreed to pay GM at least $US74 million in cash.
The European Investment Bank will provide a €400 million ($800 million) loan guaranteed by the Swedish government.