1America's Cup Challenge It seems as though all of New Zealand is on the edge of their seats, waiting for the America's Cup Challenge to begin in Fremantle, and cheering on New Zealand yacht KZ7. However, the America's Cup sometimes appears to be less of a sporting event and more of a multi million dollar publicity campaign for rich businessmen, using taxpayer funds to sponsor their extravagant leisure pursuits. On the other hand, a challenge such as this could be worth billions of dollars to New Zealand's economy should KZ7 bring the cup back with them. Politicians and businessmen also wax lyrical about the potential benefits for New Zealand if we win. Is this a yacht race, or more of a display of Kiwi expertise, enterprise and endurance? Would the money that is poured into the America's Cup be better spent on trying to combat social problems here in New Zealand? Discussion and viewer feedback with Aussie Malcolm, the first director and fundraiser for the New Zealand America's Cup challenge.

2The Soviet nuclear submarine that has been on fire in the Atlantic has regained its power and is moving slowly east on the surface.

3Soviet dissident Yuri Orlov and his wife have arrived in New York after his release from nearly a decade of imprisonment and exile. His release was part of a deal between the United States and Soviet Union ahead of the superpower summit in Reykjavik between United States President Ronald Reagan and Soviet leader MIkhail Gorbachev.

4Pope John Paul II has begun his visit to France with an attack on divorce, abortion and birth control, surprising liberal French Catholics who were expecting a softer line.

5A brief listing of the New Zealand news headlines.

6America's Cup Challenge It seems as though all of New Zealand is on the edge of their seats, waiting for the America's Cup Challenge to begin in Fremantle, and cheering on New Zealand yacht KZ7. However, the America's Cup sometimes appears to be less of a sporting event and more of a multi million dollar publicity campaign for rich businessmen, using taxpayer funds to sponsor their extravagant leisure pursuits. On the other hand, a challenge such as this could be worth billions of dollars to New Zealand's economy should KZ7 bring the cup back with them. Politicians and businessmen also wax lyrical about the potential benefits for New Zealand if we win. Is this a yacht race, or more of a display of Kiwi expertise, enterprise and endurance? Would the money that is poured into the America's Cup be better spent on trying to combat social problems here in New Zealand? Discussion and viewer feedback with Aussie Malcolm, the first director and fundraiser for the New Zealand America's Cup challenge.

7A brief listing of the national and international news headlines.

8America's Cup Challenge It seems as though all of New Zealand is on the edge of their seats, waiting for the America's Cup Challenge to begin in Fremantle, and cheering on New Zealand yacht KZ7. However, the America's Cup sometimes appears to be less of a sporting event and more of a multi million dollar publicity campaign for rich businessmen, using taxpayer funds to sponsor their extravagant leisure pursuits. On the other hand, a challenge such as this could be worth billions of dollars to New Zealand's economy should KZ7 bring the cup back with them. Politicians and businessmen also wax lyrical about the potential benefits for New Zealand if we win. Is this a yacht race, or more of a display of Kiwi expertise, enterprise and endurance? Would the money that is poured into the America's Cup be better spent on trying to combat social problems here in New Zealand? Discussion and viewer feedback with Aussie Malcolm, the first director and fundraiser for the New Zealand America's Cup challenge.