Europe’s debt crisis continued to roil markets overnight, with Italian bond yields surging through the critical 7% level overnight, as European officials mulled over the possibility of a radical reshaping of the eurozone.
November, 2011
Rundle: the Beeb, a cuppa and a day of James and the search for the truth
Barely noticed by many, the Leveson Inquiry into the media, phone hacking, etc, is slowly unfolding in London, its promise of 46 star witnesses, main players, etc, all held off to some time in the distant future.
The Baillieu Dump: government subverting FOI Act, says Ombudsman
Victoria’s bureaucrats frequently used the Freedom of Information Act as an “information protection system”, Ombudsman George Brouwer said in his 2011 annual report, writes Grace Darken, a Swinburne University student.
Guy Rundle: Irresistible force, immovable object — EU’s big bang theory
For the first time since the European debt crisis began last year, the prospect of a break-up of the euro became a very real and present possibility today.
Power Shots: Harto ‘tapped on shoulder’ … Kim Williams in profile … power assets fight …
Digital media list: Williams was powerful before the big promotion. Kim Williams has been so good at running Foxtel that Rupert Murdoch has given him the most powerful media job in the country, as CEO of News Ltd. It’s a fair call. Murdoch is moving his Australian newspapers to a subscription model, having just erected a […]
Your Say: Daily Mail readers' feedback: The media regulation question
Crikey readers have their say.
Morning Market Report: Markets tumble on Italy fears
Comments from the IMF MD that if Europe didn’t pull together they risked a decade of lost growth didn’t help.
Political snippets: Things can only get better
The labour force figures out from the Australian Bureau of Statistics this morning at least tell us that things are not getting worse.
Video of the Day: Mike Tyson for president?
Ear biter-turned-actor Mike Tyson stars as Hermain Cain in this mock presidential ad. Why should Cain win? “Because the Tea Party loves crazy more than they hate black,” zings Tyson.
Tips and rumours: Tips and rumours
UQ admissions scandal: staff emails. As various media have now reported, a staff farewell from University of Queensland vice-chancellor Professor Paul Greenfield admits his conduct in admitting a “close relative” who didn’t meet entry requirements was “inappropriate”. In the email also obtained by Crikey, Greenfield writes: “Through the collective actions of all of you, UQ is […]
Crikey Says: Rupert’s going to live forever
New blood was one of the reasons cited for News Ltd CEO John Hartigan’s departure to make room for Foxtel’s Kim Williams, a man with a very different management style more suited to take on the challenges of the digital area.
Meet incoming News Ltd boss Kim Williams
Kim Williams has been so good at running Foxtel that Rupert Murdoch has given him the most powerful media job in the country, as CEO of News Ltd. Angela Priestly interviews the new News man.
The euro death spiral
Can the euro bounce back from the crashing markets, the huge national debt and the expensive bailout schemes? Economist blogger R.A. says the European Central Bank needs to move now, or it’ll be too late to save the currency.
Why The Muppets should host the Oscars
Eddie Murphy just pulled out of hosting the Academy Awards. Those all-singing, all-joking Muppets would be a perfect replacement — family friendly but hilarious, argues Roberto Baldwin.
Media briefs: A Harto-off … SMH online chaos … Nine debt strife …
In today’s Media Briefs: SMH online in chaos … Nine debt problems for shareholders … Neville Thurlbeck rejects request to help phone-hacking investigation and more …
Save our screens’ scrollbars!
That little grey line on the right hand column of your screen that tells you how long documents and website are, is getting eroded away by companies including Apple, Google and Facebook. It’s a travesty for users, says Farhad Manjo.
Mexican blogger decapitated by drug cartel
It’s a tough time to be an outspoken blogger or social media user in Mexico, with four murdered in horrific ways recently. The latest, a moderator on a popular social network site, was decapitated for tipping authorities off about cartels.
How to end pokies addictions
Former pokies addict Scott Eagar offers an alternative viewpoint to fighting problem gambling amongst the talk of pokies legislation and pre-commitment: kill the feature option.
End of the mail sends the message: the Iraq War is over
Ex-Iraq War solider Brandon Friedman explains how the end of the mail run to soldiers is more of an official end to the war than any announcement a president can make. A war “survives on word from home,” says Friedman.
Remember, Tehran’s nuclear ambiguity was learnt from Israel
Iran is under a greater level of scrutiny for ten years of nuclear weapons development than Israel has been for possessing them for over 40 years, argues NAJ Taylor.
What does an interest rate of 7% actually mean for Italy?
Last night Italian interest rates hit 7%. If it stays that high it would mean the Italian government would need to come up with an extra €60bn a year–an extra 4.3% of GDP in taxes, says Richard Farmer.
The post-modern bogan: not so poor after all
Young people travel to Europe, drink too much wine and have too much sex. What is concerning is how Australians are increasingly being linked to the more shocking acts of vandalism, theft and general stupidity, says former tour guide Ben Oliver.
