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![Kiwi dollar tumbles as US confidence slides](/pf/resources/images/placeholders/placeholder_l.png?d=797)
Kiwi dollar tumbles as US confidence slides
The New Zealand dollar has tumbled amid renewed concerns the global recovery may take longer than previously thought.
![Former NZ economist predicts more global gloom](/pf/resources/images/placeholders/placeholder_l.png?d=797)
Former NZ economist predicts more global gloom
Another plunge into global recession in 2010 or 2011 is being tipped by expatriate economist Robert Wade.