The German market fell 5.82%, France down 5.48% and the FTSE dropped 4.49%, as concern grew over the health of European banks.
August, 2011
Morning Market Report: US and Euro markets plunge, Australia follows suit
Media briefs: Fairfax to down keyboards… Don (Churchill)’s Party … new NotW arrest …
In today’s Media Briefs: Fairfax to strike … Don (Churchill)’s Party … Bravehearts do the white thing … Baillieu govt freezes FReeZa … Guardian loses fight for web readers even after taking out Murdoch tabloid … and more …
Political snippets: Abbott playing the Craig Thomson scandal to perfection
Opposition leader Tony Abbott is saying all the right things about NSW Labor backbencher Craig Thomson.
The Power Index Power Shots: Kroger joins call to ban political donations … it’s prawns, Moet and satire for yachties …
They call him ‘the Pope’, Don Farrell is number six on our list of Political Fixers. Also Michael Yabsley gets the backing of Liberal Party grandee Michael Kroger over banning political donations, it’s prawns, Moet and satire for the yachties at Hamilton and Phil Green’s chance to give back.
Does new evidence from NT women undermine supposed benefits of income management?
A new research report, which has sought the views of more than 180 women in the NT, raises questions about income management’s level of support or perceptions of benefit.
Video of the Day: A tribute to Paul Lockyer, John Bean and Gary Ticehurst
Three veteran ABC newsmen are feared dead after a helicopter crashed in a remote South Australian region early yesterday evening. ABC News presents a montage tribute to the careers of journalists Paul Lockyer, Gary Ticehurst and John Bean.
Tips and rumours: Tips and rumours
Consulting Oracle. A WA public servant writes: “my heart sank when I saw that Oracle is involved in the proposed e-health records system to be developed for the Federal Government (‘Roxon’s health records system a ‘massive waste of $467 million’ , Crikey, Thursday 18 August 2011). The Western Australian Government got enmeshed with Oracle in […]
Crikey Says: A sad day for the ABC
Highly regarded journalist Paul Lockyer, pilot Gary Ticehurst and cameraman John Bean, all who had been with the ABC for decades, had been working on stories about Lake Eyre for the ABC when their helicopter went down.
Dissecting the faux-real comedy of Ali Gi
Ali Gi, the THC-infused alter ego of comedian Sacha Baron Cohen, had a great run on TV, sucking high profile guests into believing his dopey shtick. Pity about his venture onto the big screen, writes Nathan Rabin.
My Cup Of Tea: No playing around, video games are an art form
The Freeplay independent games festival is on right now in Melbourne. Ben Eltham talks to festival director Paul Callaghan about the festival’s program and some of the trends affecting the sector.
Should booze be banned from social media?
UK advocacy group Alcohol Concern claims alcohol companies are exploiting minors by placing promos on social media platforms such as Facebook and Twitter. Should restrictions be placed to shield children from such ads? asks Lauren Dugan.
Labor MP in prostitute
scandal
Crikey media wrap: Prostitutes, an MP and a precarious government who can’t afford to lose someone to a scandal: the allegations against Labor MP Craig Thomson have all the elements of a intriguing film script.
Classic or clunker? Dusting off Beneath the Planet of the Apes
To kick off a new series examining whether supposed classic films are deserving of their mantle, Luke Buckmaster dusts off the ostentatious 1970 hit Beneath the Planet of the Apes. And the verdict is…
Obama going from bad to worse
Barack Obama is off on his bus version of a whistle stop campaign tour and according to Gallup he needs to rustle up a bit of support, writes Richard Farmer.
Libya: the battle for Zawiyah a potential game changer
There are increasing signs that Colonel Gaddafi’s power grip in Libya is slipping. This week rebel fighters captured control of an oil refinery in a Zawiyah, which could prove a decisive moment, writes Kareem Fahim.
Helen Coonan’s valedictory speech
Liberal Senator and former Health minister Helen Coonan delivered her valedictory speech yesterday to the Senate. Crikey’s politics and public life blog The Stump has the complete transcript.
Do the Murdochs have more wealth outside News Corp?
When News Corp shares hit a low of $13.32 on August 9, the overall market capitalisation bottomed at $34.1 billion and the Murdoch family’s 12.65% stake was down below $4.5 billion.
Roxon’s health records system a ‘massive waste of $467 million’
The news that health minister Nicola Roxon had hatched a $77 million deal with global services behemoth Accenture to deliver its controversial e-health records system has failed to quell the rage of vocal detractors who say taxpayers are being taken for a ride.
Rick Perry and a world where stimulus is partisan treason
With any luck, the question of another stimulus package will never arise. But if it does, it’ll be the ideological equivalent of lifting up a rock to find out what crawls beneath.
The Power Index The man behind Katter’s AEC party name rejection
The man responsible for ending the possibility of Bob Katter abbreviating his Katter’s Australian Party name to “Australian Party” is David Doe, a man who has been highly active in the video games censorship debate, writes Angela Priestley.
The Power Index Power Shots: Nick Minchin, keeper of the Howard flame … NGV’s power benefactor …
Leader of the Right and keeper of the Howard flame, Nick Minchin is still regarded by some as the Liberal Party’s spiritual leader. Also, the NGV’s power benefactor, Alan Joyce finds friends in the market and Bolt and Negus back in 2012.
