National unveils loan shark crackdown 6 Nov 2011Loan sharks were targeted and anti-competitive behaviour would be criminalised in National’s commerce policy unveiled today. About a third of current lenders may be out of business because of the changes. Leader John Key said National would work to increase people’s financial kills and knowledge. Earlier, finance spokesman Bill English announced plans to crack down on loan sharks, it does not include a cap on interest rates as has been suggested by some. English said the changes were intended to protect unwary consumers who were being preyed on by unscrupulous credit companies. Changes include requiring that borrowers be able to repay a loan without substantial hardship, creating a code of responsible lending, and protecting household and necessary goods from being security against a loan that is not for that item. read more

World Cup Facts

first_img•The World Cup in 2018 will mark the first time Russia has ever hosted this event.•The 2018 World Cup will be Russia’s 11th World Cup appearance. Their highest ever finish was 4th place in 1966.•3.2 billion people (almost half of the world’s population) tuned in to watch the 2014 World Cup.•The World Cup has been played 20 times, Brazil holds the most titles with five. Italy and Germany are close behind with four each.•For the first time in the history of soccer, the 2002 World Cup was held in two different countries: South Korea and Japan.•The oldest goal scorer in the World Cup was Roger Milla, who was 42 in 1994 when he scored a goal for Cameroon against Russia.•It is rumored that India withdrew from the 1950 tournament as they were not allowed to play barefoot.•One of the venues for the 2018 World Cup, Fisht Stadium in Sochi, is the same stadium that hosted the opening and closing ceremonies at the 2014 Winter Games.•The first World Cup was played in 1930. Uruguay was both the tournament host and winner that year.•The World Cup trophy went missing for 7 days in 1966, when it was stolen just prior to the tournament.•The distance between the easternmost host city (Ekaterinburg) and the westernmost host city (Kaliningrad) at the 2018 World Cup is over 1500 miles. For comparison, that’s about the same distance as Moscow to London, England.•The average attendance per game at the 2014 World Cup was over 53,000 fans!•The highest scoring game in World Cup history was in 1954, when Austria defeated Switzerland 7-5.•The Italians have had the most number of draws in World Cup history with 21.•Of all countries that have appeared in the World Cup, Indonesia has played the least number of matches – just one in 1938.•Mexico has the most World Cup losses (25), though they do also have 14 wins and 14 draws.•While 32 teams will qualify for the 2018 tournament, the number will jump to 48 in 2026.•The most goals ever scored by one player in a World Cup match is an impressive five, by Oleg Salenko of Russia.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more