New Zealand protectionist Winston Peters appointed deputy PM, foreign ministerWELLINGTON (Reuters) - Veteran protectionist politician Winston Peters was appointed New Zealand s new deputy prime minister and foreign minister on Wednesday, saying he would seek a greater voice in international affairs, including North Korea. Peters visited North Korea when he was foreign minister in a previous New Zealand government in 2005. New Zealand First party leader Peters delivered government to the Labour party through a coalition deal after a closely fought election on Sept. 23 failed to result in a majority for the governing National or Labour parties. Peters and Labour Prime Minister-designate Jacinda Ardern have found common ground in  fortress New Zealand -type  policies. Both are looking to curb immigration, renegotiate certain trade deals and adjust the role of the central bank. Ardern also wants to ban overseas buyers from purchasing existing homes as prices grow more unaffordable for local residents. A bill to ban such purchases will be introduced by Christmas, Ardern told a workers  conference on Wednesday. But trade and foreign ownership restrictions could hurt New Zealand s reputation as an open economy and antagonize the likes of China. Trade between the two countries has grown to more than NZ$20 billion ($14.4 billion) a year, and Chinese President Xi Jinping called the relationship  unprecedented  in its depth. While Peters was expected to be offered the deputy role after obtaining the balance of power, his appointment as both deputy prime minister and foreign minister was unexpected. Richard Shaw, politics professor at Massey University, said Peters was a  conservative economic nationalist .   One of the things we ve seen from him over the last couple of weeks is the concern with the extent that relatively unbridled free trade has on his constituents,  said Shaw. Many of Labour and New Zealand First s policies during the campaign drew on voters  concerns that immigration and foreign buyers of local homes were putting too much pressure on infrastructure and house prices. Peters said he wanted to forge stronger ties with Australia, after tensions have increased recently. Labour s finance spokesman Grant Robertson will become finance minister in the incoming government, placing him at the center of plans to overhaul monetary policy.  Robertson, a political adviser under former Labour Prime Minister Helen Clark, will appoint a new central bank governor. The Labour-led government plans to reform the Reserve Bank Act to possibly include employment, alongside inflation, as a dual target. Rather than just focusing on inflation, Labour wants the Reserve Bank to have a full employment goal when devising policy settings, bringing it into line with the United States and Australia. worldnews
new zealand protections winston peters appointed deputy pm foreign ministerwellington reuters veteran protections politician winston peters appointed new zealand new deputy prime minister foreign minister wednesday saying would seek greater voice international affairs including north korea peters visited north korea foreign minister previous new zealand government new zealand first party leader peters delivered government labour party coalition deal closely fought election failed result majority governing national labour parties peters labour prime jacinda order found common ground fortress new zealand policies both looking curb immigration negotiate certain trade deals adjust role central bank order also wants ban overseas buyers purchasing existing homes prices grow affordable local residents a bill ban purchases introduced christmas order told workers conference wednesday but trade foreign ownership restrictions could hurt new zealand reputation open economy antagonist likes china trade two countries grown nz billion billion year chinese president xi winning called relationship unprecedented depth while peters expected offered deputy role obtaining balance power appointment deputy prime minister foreign minister unexpected richard shaw politics professor massey university said peters conservative economic nationalist one things seen last couple weeks concern extent relatively unabridged free trade constituents said shaw many labour new zealand first policies campaign drew voters concerns immigration foreign buyers local homes putting much pressure infrastructure house prices peters said wanted forge stronger ties australia tensions increased recently labour finance spokesman grant robertson become finance minister incoming government placing center plans overhaul monetary policy robertson political adviser former labour prime minister helen clark appoint new central bank governor the government plans reform reserve bank act possibly include employment alongside inflation dual target rather focusing inflation labour wants reserve bank full employment goal devising policy settings bringing line united states australia worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: New Zealand protectionist Winston Peters appointed deputy PM, foreign ministerWELLINGTON (Reuters) - Veteran protectionist politician Winston Peters was appointed New Zealand s new deputy prime minister and foreign minister on Wednesday, saying he would seek a greater voice in international affairs, including North Korea. Peters visited North Korea when he was foreign minister in a previous New Zealand government in 2005. New Zealand First party leader Peters delivered government to the Labour party through a coalition deal after a closely fought election on Sept. 23 failed to result in a majority for the governing National or Labour parties. Peters and Labour Prime Minister-designate Jacinda Ardern have found common ground in  fortress New Zealand -type  policies. Both are looking to curb immigration, renegotiate certain trade deals and adjust the role of the central bank. Ardern also wants to ban overseas buyers from purchasing existing homes as prices grow more unaffordable for local residents. A bill to ban such purchases will be introduced by Christmas, Ardern told a workers  conference on Wednesday. But trade and foreign ownership restrictions could hurt New Zealand s reputation as an open economy and antagonize the likes of China. Trade between the two countries has grown to more than NZ$20 billion ($14.4 billion) a year, and Chinese President Xi Jinping called the relationship  unprecedented  in its depth. While Peters was expected to be offered the deputy role after obtaining the balance of power, his appointment as both deputy prime minister and foreign minister was unexpected. Richard Shaw, politics professor at Massey University, said Peters was a  conservative economic nationalist .   One of the things we ve seen from him over the last couple of weeks is the concern with the extent that relatively unbridled free trade has on his constituents,  said Shaw. Many of Labour and New Zealand First s policies during the campaign drew on voters  concerns that immigration and foreign buyers of local homes were putting too much pressure on infrastructure and house prices. Peters said he wanted to forge stronger ties with Australia, after tensions have increased recently. Labour s finance spokesman Grant Robertson will become finance minister in the incoming government, placing him at the center of plans to overhaul monetary policy.  Robertson, a political adviser under former Labour Prime Minister Helen Clark, will appoint a new central bank governor. The Labour-led government plans to reform the Reserve Bank Act to possibly include employment, alongside inflation, as a dual target. Rather than just focusing on inflation, Labour wants the Reserve Bank to have a full employment goal when devising policy settings, bringing it into line with the United States and Australia. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: new zealand protections winston peters appointed deputy pm foreign ministerwellington reuters veteran protections politician winston peters appointed new zealand new deputy prime minister foreign minister wednesday saying would seek greater voice international affairs including north korea peters visited north korea foreign minister previous new zealand government new zealand first party leader peters delivered government labour party coalition deal closely fought election failed result majority governing national labour parties peters labour prime jacinda order found common ground fortress new zealand policies both looking curb immigration negotiate certain trade deals adjust role central bank order also wants ban overseas buyers purchasing existing homes prices grow affordable local residents a bill ban purchases introduced christmas order told workers conference wednesday but trade foreign ownership restrictions could hurt new zealand reputation open economy antagonist likes china trade two countries grown nz billion billion year chinese president xi winning called relationship unprecedented depth while peters expected offered deputy role obtaining balance power appointment deputy prime minister foreign minister unexpected richard shaw politics professor massey university said peters conservative economic nationalist one things seen last couple weeks concern extent relatively unabridged free trade constituents said shaw many labour new zealand first policies campaign drew voters concerns immigration foreign buyers local homes putting much pressure infrastructure house prices peters said wanted forge stronger ties australia tensions increased recently labour finance spokesman grant robertson become finance minister incoming government placing center plans overhaul monetary policy robertson political adviser former labour prime minister helen clark appoint new central bank governor the government plans reform reserve bank act possibly include employment alongside inflation dual target rather focusing inflation labour wants reserve bank full employment goal devising policy settings bringing line united states australia worldnews