(FULL) WA Regional News Network

Due to a recent economic crash in Novo Canuckia that has left the nation with a GDP/Capita of merely $1100 (Total GDP of 2.4 Trillion), The New-Zealand government has immediately jumped into action and has started a rigorous bailout system that will hopefully revitalize the crippled Novo Canuckian government. New-Zealand currently has a GDP/Capita of $58800 (Total GDP of 34.81 Trillion) which places it comfortably as one of the leading economies in the WA. The Bailout of the Novo Canuckian government is not expected to be too much of a strain on the NZ Government due to the abundance of wealth in both the NZ Subsidary governments along with the NZ Head Mainland Government. Some economists however claim that Bailing out the Novo Canuckian Government while at the same time sending in troops to aid in the Zirkistanian rebellion will be indeed pushing the NZ Economy to the breaking point. The Government maintains that this is not the case and that the NZ economy will remain strong even under these constraints whilst a handful of respected Economists say that this is a risk that our nation should not be taking.

EU OPENS LONGEST BRIDGE



After 3 years of contruction, Eurussia has finally opened the world's longest bridge connecting the Province of Okkorland to mainland Eurussia via land transportation where this waterway is the only passage route of international cargo vessels bound to Korya, Europa, Corellia, the Holy Patrician States, Songhai Maghreb and Shambala Sangha. Its total length is 35,000 kilometers with a cost of €1 billion euros. It was officially named as the Pearl Bridge.



On the other hand, the Foreign Ministry has announced that the government has revoked its €30 billion euro loan offer to the Sangha and Songhai Governments due to corruption scandals that surrounds the Shifting Sands Mega Pipeline Project and requests both governments to ensure the credibility of all the parties involved on the said multi billion megaproject.

Furthermore, the ministry expressed concerns on the tensions throughout Zakiristan and calls the Security Council to broker a peaceful dialogue among all parties concerned to avoid any bloodshed. The ministry also called on foreign powers to avoid military intervention and support the World Alliance Government instead to serve as a moderator.

http://fc00.deviantart.net/fs70/f/2013/045/7/0/map_of_dromoda_by_davehazekamp-d5uz8qu.jpg

The Dromodian Map Complete

with all mayor city's and Highway's

Broatia with the 6th largest GDP in the Region (172 Trillion) and the highest GDP per capita of 96 thousand dollars has offered help the Novo Canuckia if certain economic reforms are made.
1.Novo Canukian Markets are opened to Broatian Bussiness
2. Novo Canukia starts to deregulate its markets and allows for Capitalism to spread
3. Have Broatian Corporations pay Broatian Level Coroporate tax in Novo Canukia
4. Have Broatian Arms Manufactoring firms supply Novo Canuckia with weapons for its military

If these reforms are made Broatia will ensure Novo Canuckian prosperity


Also Broatia will send 2 Million Troops to Zarkistan to install a Democratic Capitalist government in that nation. (Applying the Millwater Doctrine)

New-Zealand along with the LOHN has opened up free trade with Novo Canuckia in order to help boost the Novo Canuckian Economy. The LOHN and New-Zealand will continue to grant NC with intrest free loans in order for them to continue to function until the Economy Recovers. New-Zealand would also like to express its support for NC's Socialism and implores the Novo Canuckian Government to stay true to its socialist policies and not succumb to Capitalism. We Do however recommend they partially privatize (Upto 49% of the Shares) of some assets inorder to revitalize their Economy.

Unovia to help with the Bail Out of Novo
The Unovian Government offered 1.3 Billion Dollars today to help Bail Out Novo. The Unovian Economic Advisor, Franklin Hamilton, made the following statement. "We give this money to Novo as a sign of good faith. We are giving it interest free. Unovia has a 500 Billion Dollar Bail Out Fund. This fund is used to bail out struggling Nations economically."
Unovia wishes Novo the best in its recovery.

Broton Pact Monetary Fund will give 2 Trillion Dollars to stimulate the Novo Canuckian Economy. Economist think this stimulus combined with Economic Reforms will put Novo Canuckia on the right track to success. With a huge potential work force and with its proximity to large economies like Browera, Broatia, Zebulor, and New Zealand, Novo Canuckia could become an economic power if it put in place the economic reforms suggested by Broatia.

In an official statement made earlier today, Novo Canuckia's Minister of Finance thanked New-Zealand, Unovia, and Greater Broatia for their support during this economic downturn. He went on to say industry in Novo Canuckia will receive more attention from the government in the coming months. However, he made it quite clear that Novo Canuckia would not be reforming the decades old Socialist policies.

New-Zealand is sorry to inform the members of the WA that even with the rigorous bail out attempts made by the Broatia, New-Zealand and Unovia, the Novo Canuckian Economy does not seem to be recovering. The Novo Canuckian GDP/Capita dropped from $1100 to $16.2. Economists from all around the World claim that the only way Novo Canuckia can experience a recovery is if the rapidly liberalize and privatize their Economy. This is a motion the New-Zealand government supports and recommends. If Novo Canuckia continues to ignore this advice and continues to experience an economic shrink, the New-Zealand Government will be forced to stop bailout attempts as it will make no difference and will deem to be a waste of valuable NZ tax payer money.

After recent Novo Canuckian statement about their resistance to economic reform. Broatian Financial (the largest investment firm in Broatia) dumped 1.5 trillion Novo Canuckian treasuries crashing its economy. All economist are convinced the only way to save the nations crippled economy is drastic and immediate liberalization and the growth of the private sector. Taxes should be cut and free trade for international corporations should be allowed. If this is not done Broatia will need to take drastic measures to ensure that the economic instability does not spread into neighboring Browera (a major trade partner). President Millwater stated today that Broatia will continue to use its advanced economy to change foreign policy and impact foreign affairs. " Broatia's government is here for two reasons, to protect the people and to protect the economy. As President I intend to do both." President Millwater said at a press conference earlier today.

Broatia invites the 20 Greatest economies in the region to the major Broatian City of Harbourton for the first WA Regional G20 summit. The top ten largest GDPs and the top ten largest GDPs per Capita. It will discuss Regionalization, the possibility of a regional currency, and what to do with the collapse of the Novo Canuckian Economy. Invited Nations
Largest GDPs
1) The People's Democracy of Zebulor $629.38 trillion
2) The Republic of Tamasek $234.02 trillion
3) The Red and Black Empire of Browera $210.59 trillion
4) The British State of -Liberty City $200.51 trillion
5) The Federal Republic of Kugelstadt $194.38 trillion
6) The United TKA Federation of Republic of Greater Broatia $177.97 trillion
7) The Seven Realms of Atreides 5 $171.13 trillion
The Dominion of Gumi Megpoid $168.61 trillion
9) The Borderlands of Sholdova $150.06 trillion
10) The Citizen of World Alliance of Over Thrown Montenegro $127.41 trillion

Largest GDPs Per Capita
(All currency values are in NationStates Dollars.)
NATION GDP/CAPITA
1) The United TKA Federation of Republic of Greater Broatia $96.05 thousand
2) The United Technocratic Realm of Anthropolia $91.64 thousand
3) The Incorporated States of Nova Brotum $89.71 thousand
4) The Commonwealth of The Broatian Space Federation $86.9 thousand
5) The Federal Republic of Kugelstadt $81.47 thousand
6) The Imperial High Kingdom of Galesatum $76.39 thousand
7) The Red and Black Empire of Browera $76.25 thousand
The Republic of Tamasek $73.27 thousand
9) The Kingdom of Juverlan $72.14 thousand
10) The British State of -Liberty City $68.64 thousand

New-Zealand is disappointed that our nation which is currently holds the 14th Largest GDP/Capita ($57.23 Thousand), 20th Largest Budget ($32.73 Trillion) and the 10th Lowest Unemplyment Rate (2.60%), has been excluded from the G20 regardless of the fact that our nation is highly active and performs exceptionally well for a nation of its size and economic orientation. Our GDP Total is only subpar to G20 Standards due to us being a relatively small nation compared to the Invited Members, but our GDP/Capita is more than enough to grant us G20 Membership.

EU IN G20 TALKS ?



Eurussia has expressed its desire to join the G20 Summit hosted by Broatia in Harbourton City. The government supports the agenda of economic regionalization, the effects of Novo Canuckia's economy, and the possibility of regional currency adoptation.

Broatia will be taking out repeats and its own puppets it will also consider other factors such as activity and influence. Please direct all G20 talks to the new thread in diplomacy.

The crash of the Novo Canuckian Economy has sent shivers down the spines of every single New-Zealand. Novo Canuckia who had always stayed true to the Socialist Ideology has fallen victim to the Socialist backlash. New-Zealands who have always stood true to Socialism are no longer that sure. The New-Zealand Socialist Party (Currently Governing) has resulted to changing its name and policies to now become the Liberal-Socialist Party. The Liberal-Socialist Party believes in State Owned Enterprises but does not believe in the government controlling them. The Government will now purely act as a majority share holder, and will let the SOE run purely privatized and profit based. The Government will continue to control the Essentials such as power Generation, Ports, Railways and Water Supplies but will no longer control of SOE's like Orcon (ISP), Telecom (ISP), Holden (Car Manufacturer), Air New-Zealand (Airline) Etc. The Government plans on continuing to "Subsidize" these industries by giving lump some tax returns to the NZ Population while we slowly but effectively lower the tax rate till a point where it stand at around 60-80%. We will remain to have heavy left wing policies but will no longer have a firm Socialist hold over the Economy. We are now striving towards a free market.

EU FINANCE MINISTER IN HARBOURTON



The Eurussian Minister of Finance has arrived in Harbourton City to join the G20 Summit of world leaders of the world's largest economies to discuss economic cooperation.

EU NAVY CAPTURES PIRATES ON SOVIET SEA



The Defense Ministry have confirmed reports that the Eurussian Navy has captured pirates roaming around the Soviet Sea. The pirates were caught by a navy ship going after an oil tanker and by virtue of standing order to all armed forces, they were arrested by the Eurussian Navy.

The ministry has called on all nations to increase maritime patrols on all international waters around the region to scare off pirates on attacking merchant vessels which are now threats to international trade. This is the first time pirates were captured in the waters of the region.

"Our ships are always on their routine patrol of securing the nation's waters. These pirates are afraid of our coast guard and navy since they know that we will annihilate them if they try to retaliate. We have already notified our counterparts in the Security Council about the incident." the Defense Minister said.

Following the news come from the Soviet Sea, that a group of pirates have been captured, the Ministry of Defence has released a statement.
The text states that the arsenal of the Navy, in the city of Seaside (New Europe), would match a fleet bound for the waters of the Baltic Soviet.
The fleet would be composed of 4 FREMM class frigates, 4 Maestrale class frigates, the cruiser "Vittorio Veneto" and the amphibious assault ships "San Marco", "San Giusto" and "St. Paul."
The units will be supported by helicopters and a squadron of fighters vertical takeoff, air units accommodated on amphibious assault ships.
The forces will work with the Navy of Great Eurussia in patrol operations.
Meanwhile, the Coast Guard has strengthened its operations in coastal patrol.

After Reports of pirates in the area. Broatia has ordered 40 ships to be sent to the Soviet Sea. Broatia and Browera's navy will make up 30 of the 40 ships with other Broton pact members (mainly the Soviets) making up the rest.

1) The United TKA Federation of Republic of Greater Broatia
2) The United Technocratic Realm of Anthropolia
3) The People's Democracy of Zebulor
4) The Armed Republic of Newasia
5) The Federal Republic of Kugelstadt
6) The Imperial High Kingdom of Galesatum
7) The Red and Black Empire of Browera
The Republic of Tamasek
9) The Kingdom of Juverlan
10) The British State of -Liberty City
11) The Law Offices of Sardine World
12) The Federal Democratic Republic of The Democratic Nation of Unovia
13) The Borderlands of Sholdova
14) The Constitutional Monarchy of New-Zealand
15) The Greater Empire of Dromoda
16) The Republic of Gary Chia
17) The Empire of Great Eurussia
18) The Dictatorship of Turkiye Federal Republic
19) The Seven Realms of Atreides 5
20) The Citizen of World Alliance of Over Thrown Montenegro

In a shocking snub, the United States of Schorr has not been invited to the G20 Summit. The President had this to say. "Broatia has made a grave mistake. Inviting nations who have never participated in regional affairs while insulting one of the most influential nations in World Alliance history. Our nation has invested countless hours into the good of the region and this is what we get from a nation who came here after us and stirred up so much trouble. We are ending all diplomatic relations with Broatia."

Schorr wrote:In a shocking snub, the United States of Schorr has not been invited to the G20 Summit. The President had this to say. "Broatia has made a grave mistake. Inviting nations who have never participated in regional affairs while insulting one of the most influential nations in World Alliance history. Our nation has invested countless hours into the good of the region and this is what we get from a nation who came here after us and stirred up so much trouble. We are ending all diplomatic relations with Broatia."

We ask that peace be restored,as we do agree with the president as he spent countless hours investing in the region but over a silly thing like this? we just end long standing diplomatic ties? arn't we more civil then this.

Schorr wrote:In a shocking snub, the United States of Schorr has not been invited to the G20 Summit. The President had this to say. "Broatia has made a grave mistake. Inviting nations who have never participated in regional affairs while insulting one of the most influential nations in World Alliance history. Our nation has invested countless hours into the good of the region and this is what we get from a nation who came here after us and stirred up so much trouble. We are ending all diplomatic relations with Broatia."

The list of invitees is taken straight from the regions official tracker and is a list of the 20 highest GDP countries in the region. According to the tracker, Schorr is ranked 40 in GDP

In light of recent threats against our respected nation, Broatia will not add Schorr into the G 20 Summit based on the sole fact he is neither in the top 20 GDP or top 20 GDP per Capita. In no way did we mean to insult or belittle the USS and the work they have done for this region. We have appreciated Schorrs help in the past and hope to appreciate in the future. It comes to us as a shock that a nation usually known as a peace maker would make such a rash and bold statement without thinking of the diplomatic ramifications. Broatia takes offense to the statements made by the Schorrian Government. Broatia asks Schorr to simply improve their economy to become a G 20 Nation. The G 20 is completly based of numbers provided by the official regional tracker. Broatia would like to say to all nations not in the G 20 that it is completely impartial and is in no way based off our nations attitudes towards yours. Broatia condemns the actions of Schorr, and if Broatia may quote Schorr, "This sleight will not be forgotten." Broatia simply wants to make the regional economy more productive and successful. Broatia has tried to make it more fare to smaller nations basing the top 20 off of GDP Per Capita. We also took out all 4 of our Colonies that made the list. Broatia has made every possible accommodation to make it as fair and open as possible. Broatia has officially cut off all ties to Schorr and waits for their apology. If Schorr does anymore rash decisions Broatia may have to make rash decisions of our own. Broatia upholds a policy of non aggression as stated in the Millwater Doctrine but if Schorr puts in place any blockades, sanctions, or in anyway threatens the national pride and integrity of the Republic of Greater Broatia we will not hesitate to use our superior military and economy against you. Of course Broatia will not do so unless threatened and Broatia has no wishes to start a conflict. Broatia would just like to take this time to state the huge amount of money and arms against Schorr. We also ask the LOHM to stand with the Broton Pact in its wishes to prevent this brewing conflict as we also ask its neutrality and that it internally corrects the "Schorrian Issue". We hope Regional Dynamics will return to normal. Thank you.

"First of all, under no circumstances will we apologize. We feel it is unwise to invite 12 nations out of the 20 who are completely inactive. We suggest that the G20 conference be composed of the 20 most influential nations who must have an economy rating of at least 65. Secondly, we were offended by not being invited as we have a 94 economy and have given so much to the region. Third I am a co-founder of LOHN not LOHM so it will certainly not be standing with the Broton Pact. Broatia can try and hang their military over our head's but the USS has given far more to the World Alliance than Broatia ever will. In regards to Broatia's "known as a peacemaker" jab. We are peacemaker's, in fact, a lot of the things we have solved are stupid quarrels started by the Broatian people themselves. In response to Huperzia, we have made no threats up until this point. Broatia is the only one who has made threats. However, here is a threat, if Broatia so much as hints at attacking us. We will mobilize for attack. That being said we are willing to talk diplomatically and privately if they so wish. We wish to be allies with Broatia but disrespecting the USS and its power will not be tolerated. Thank you"