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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Labour Defector Gaurav Sharma Resigns As MP, Triggering By-Election
Hamilton West MP Gaurav Sharma who was ousted from the Labour Party caucus for alleged disloyalty said he has resigned, which will trigger a by-election in his constituency.
- Prime Minister Ardern called his decision a waste of taxpayer money and called on the lawmaker to continue working as an independent.
- Sharma said he was thinking about starting a new party and intends to win the by-election and return to parliament as an independent MP.
- He said he was "pre-empting" a Labour attempt to invoke the "Waka Jumping" legislation and remove him from parliament, even as Ardern said she had no plans to do so.
To read the full story
Sign up now for free trial access to this content.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.