Wall Street’s day of reckoning has moved a step closer, the first cut not the deepest in the UK, jobs hard to find in Greece, iron ore prices slump and other business news of the day.
May, 2010
Our tax expenditures are world-beating, but are they effective?
Australia has one of the world’s highest levels of tax expenditures, with $350 billion this year. But this government sees them as much as a source of easy savings as of good policy.
Your Say: Daily Mail readers' feedback: Nurture that anger, Kev
Crikey readers saw Kevin Rudd’s inner anger on the 7.30 Report — and liked what they saw. Good to see some Rudd passion at last! Also, nuclear power, bank fees and being a pedant.
Morning Market Report: Markets fall amongst bad news
The Dow Jones fell 125 points in the last two hours of trade on a falling euro, poor earnings comments, and an investigation into the banks.
Media briefs: Fresh cuts at the Hun … the campaign to save the eco-journalist …
A fresh round of cost-cutting at the Herald Sun comes in the midst of a series of other bonings. Plus The Times calls for job cut volunteers, Facebook gets a security update and other media news.
Daily Proposition: Get up close and personal with Pinot noir
And it’s good to have guidance, because Pinot is a notoriously moody wine. It can excite and disappoint in equal measure. When it’s great, it’s sensational. Welcome to Cheers TV!
Wankley Awards: The ‘TV freak and wigged-known reporter’
It was a Kevin Rudd’s “meltdown”, his “angry exchange” with Kerry O’Brien on the 7:30 Report where he “lost his cool”, but Crikey smelt a beat-up. Even China contributed.
This day in Crikey: Thursday, May 14, 2009
Thursday, 14 May 2009, “Leading food writers in cat food for comment scandal”, by Eleri Harris.
Political snippets: The time has come to stop listening
From now until the election is over politicians will not be telling us the truth. Plus, Mac-breakfast to the rescue, BP does its “don’t worry, be happy” impersonation and other political snippets.
Video of the Day: The Google job experiment
Move over Tom Cowie… this is how you get a job on the internet:
Tips and rumours: Tips and rumours: Merging The Age?
The Age merger talk won’t go away. Rumours persist about further cost cutting at The Age, with the Sunday Age in Rural Press’ sights.
Crikey Says: Testing Rudd’s realities
Rudd cited two “realities” that he says have derailed the government’s proposed ETS. One being the slow progress on global action. Let’s take a turn around the globe, shall we?
Pesce: How social networks sucked us in
Social networking sites like Facebook and Twitter suckered us in and stole our privacy so quickly, we barely noticed it happening, says Mark Pesce. Now we have to fight back to keep the one thing we have left: our unique identity.
Bartholomeusz: I’ve got no respect for RSPT
Rudd’s big tax on mining companies is “utterly ill-conceived” and an illogical long term national economic strategy, writes Stephen Bartholomeusz.
How can food be “slow”?
You probably know it’s the latest “thing” in dining, but what exactly is “slow food”? Contrary to popular belief, it’s not about slow-cooking, explains Jane de Graaff.
Yoga wars: giving the finger to the sun
Yoga, traditionally a Hindu religious practice, has become a semi-spiritual meditation exercise mix in the West. Should Yoga uphold its Hindu roots or is a mish-mash fair game?
Why the €500 note has been dumped
The €500 note has been taken out of circulation in Britain — not because the European economy has collapsed, but because it’s making things far too easy for the country’s crooks: $1m dollars’ worth weighs an easily smuggleable (or swallowable) 1.43kg.
The perfect Michelle Obama turned me into a bad mother
One of Michelle Obama’s main priorities in the White House is addressing work/life balance. Journalist DeNeen Brown tells how covering the Michelle Obama beat destroyed her own work/life equilibrium.
Office politics: Microsoft vs. Google
The latest version of Microsoft Office is a desperate attempt to keep up with web based offerings like the far cheaper Google Apps system. Can Microsoft maintain its dominance?
Could deadly weapons save the environment?
Governments are far more willing to pump money into solar, hydro and other green technologies when they’re being used to power big deadly weapons of pain and destruction. So should greenies start supporting the military industrial complex?
Moving out of Number 10
Gordon Brown resigned as UK PM and 90 minutes later David Cameron was waltzing through the door of Number 10 Downing Street. How did Brown manage to pack up so quickly?
The US military base that could bring down Japan’s PM
A US military base in Okinawa is proving to be political poison for Japan’s Prime Minister Yukio Hatoyama. The locals loath it and everything it represents, but the US won’t relinquish such a strategically important station. Could the PM be felled by a single tiny airstrip?
