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Talking about Queensland oil spill 10 times worse | The Australian
THE Queensland oil spill was 10 times worse than originally reported, the state Government admitted as hundreds of people helped with the clean-up.Dozens of beaches have been declared disaster zones after they were fouled by a massive oil slick spilled from the Hong Kong-flagged ship Pacific Adventurer in wild seas on Wednesday
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Talking about Jack the Insider Blog | The Australian
Rudd rolling the dice on economy Font Size: Decrease Increase Print Page: Print Jack the Insider Blog | March 13, 2009 | 220 CommentsKevin Rudd and his Government have rolled the dice on the Australian economy. There’s no dispute anywhere around the world that governments need to act decisively and prop up demand in their economies with spending packages. The point of difference lies firstly in how much, and secondly, how the money should be spent. The International Monetary Fund has recommended world economies spend up to the tune of 2 per cent of GDP to keep their economies rolling
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Talking about Tomgram: Nick Turse, Younger and Hungrier in America
posted March 08, 2009 4:43 pmTomgram: Nick Turse, Younger and Hungrier in AmericaShareThis (Click to E-mail this Tomgram, or post to Facebook, Digg, Reddit and many others)The revised and upgraded unemployment figures released on Friday were nothing short of staggering: almost two million jobs lost in the past three months as the official unemployment rate rose to a quarter-century high of 8.1%. Nearly three million Americans are now officially unemployed for six months or more, while another 8.6 million are "working part time because they cannot find full-time employment." Just the previous day, the government released figures showing, not surprisingly, that food stamp recipients had also soared by another 700,000 in February — 651,000 jobs had been lost that same month — to a record total of 31.8 million