New Zealand's opposition National Party won in a general election on Saturday, as the ruling Labour Party saw its support plummet compared to the last ballot in 2020 amid its perceived failure to deliver meaningful reform during an economic downturn.The center-right National leader Christopher Luxon is set to become the country's next prime minister, after incumbent Prime Minister Chris Hipkins officially conceded defeat.With over 98 percent of the vote counted, National is projected to win 50 seats while Labour is set to win 34, according to the New Zealand Electoral Commission.Speaking at…READ FULL ARTICLE