Worrying News From Asia-Russia-US Bailouts
As the US moves towards passing an economic stimulus package and reshaping its banking bailout and assistance, there’s bad news from Asia that should cause tremors here.
Read MoreAs the US moves towards passing an economic stimulus package and reshaping its banking bailout and assistance, there’s bad news from Asia that should cause tremors here.
Read MoreAt the start of this year, Peabody Energy, the world’s biggest private sector coal company said it would cut its Australian metallurgical production by 2 million tonnes this year because of the global slump in demand from the steel industry.
Read MoreMalcolm Turnbull turned debt, Government debt, into a big issue this week. He says he’s worried that Federal Government debt will rise by $200 billion over the next couple of years. Why he’s worried isn’t quite certain, after all we have nearly $700 billion of foreign debt and another $1.3 trillion or so of household and business debt.
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