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All ShareCafe Content
Earnings Mixed To Weaker
The next two weeks will tell us just how wounded corporate Australia has been by the slump.
Read MoreRio-AMP-Oz Minerals
Rio Tinto’s largest London-based institutional shareholder has expressed concern about the proposed $US19.5 billion deal with Chinese state-owned aluminum group Chinalco.
Read MoreMarkets Mixed As More US Banks Fail
US shares sagged Friday to their lowest in some cases since last November as investors struggled to shake off fears about banks and the economy.
Read MoreCommodities: Oil-Gold
Oil broke out of a week long slump on Friday, jumping 13% at one stage in a surprising upsurge of activity.
Read MoreDebt: Good Or Bad
Budget deficits and public debt are on the rise in most countries. Fortunately Australia is in a better position than most countries to increase public borrowing.
Read MoreWorrying 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 MoreCoal Getting Better?
At 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 MoreDebt Explained
Malcolm 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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