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New Zealand to ban new offshore oil drilling

New Zealand has said it will ban new permits for offshore oil exploration as it attempts to move towards a low-carbon future.   The announcement has been lauded by climate groups but industry groups have vociferously opposed such a move.   Prime Minister Jacinda Ardern said it would help “protect…

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US jobs growth slows in March

US job growth slowed sharply in March, as employers added 103,000 positions over the month.   The figure was lower than expected, and left the unemployment rate unchanged at 4.1%.   Analysts said the cold weather may have contributed to the slowdown, which was anticipated to some degree after February’s…

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