"While we are disappointed our ranking has declined, this has more to do with changes in overall economic conditions, many of which are cyclical, than any genuine deterioration in our competitiveness."
That's Minister of Finance, Michael Cullen weasling his way out of dropping 6 places in the World Competitiveness Yearbook. SIX places.
Merkel now says Muslims have to leave ” after wars end “
28 minutes ago