Within the US, Obama’s rise challenges – obviously – all the conventional notions of electability. If a black man can sit in the White House, why not a woman or a gay or – gasp! – even an atheist? Jeff Sparrow dares to dream.
US
Morning Market Report
Marcus Padley reports on the highs and lows of today’s markets.
Morning Market Report
Marcus Padley reports on the highs and lows of today’s markets.
Crikey Clarifier: The Aussie dollar
Arlene wants to know — if the Oz economy is so much better than the USA one, why has our dollar dropped so much recently against the greenback? Crikey has the answers.
Morning Market Report
Marcus Padley reports on the highs and lows of today’s markets.
Rundle: The rust economy shifts from shrug to fear
With simultaneously two presidents and no president, the country seems stuck in those few moments before a car smash when it’s all started happening and there’s nothing you can do. Will the airbag save us? Not likely – he’s moving to Dallas with Laura, writes Guy Rundle.
Real economy: US chickens cooped, miners get shafted, military pulls back
Chickens and cars hit trouble while workers continue to feel the pinch at the GFC’s real economy frontline.
Morning Market Report
The highs and lows of the sharemarket.
Real economy: No chunky soup for you, beans up, minivans down
The best way to get a sense of how far we’ve gone down the gurglar is to study the nation’s shopping lists, writes Glenn Dyer.
Bank Deathwatch: US, Dubai, Germany, Ireland — no one’s safe
Just another three days of activity in the tottering global banking system, reports Glenn Dyer.
Business briefs: Retail figures to paint a grim picture… Waiting for Black Friday
Retail figures to paint a grim picture … The Reserve Bank’s credit figures … Waiting for Black Friday … Wesfarmers defends Coles purchase … The rise and fall of Jeremy Reid … Rubin under the microscope
Hard to beat automakers for greed and incompetence
Just when you thought that the automakers deserved one last chance — what do the CEOs do? They fly down from Detroit to Washington in private jets, writes Adam Schwab.
US job numbers point to a long, painful recession
More than 3,800 US workers lost their jobs every days between 1 January and 31 October this year. Anyone who imagined the US slowdown wasn’t going to be painful needs to think again, says Glenn Dyer.
Who’ll get to tackle the monster US budget deficit?
Whoever the new President of the United States is, they will have to deal with US budget deficit, writes Glenn Dyer.
GM suffers biggest slump since WW2
General Motors has just endured its worst month for sales since the end of the Second World War, writes Glenn Dyer.
Americans’ wallets glued shut
Ordinary Americans stopped spending in the September quarter, dragging the US economy to the brink of recession as growth contracted by 0.3, writes Glenn Dyer.
Investor bails on Ford as US car industry gets re-made
In 2009, the US car market will look completely different to what it has looked like until now, writes Glenn Dyer.
US exports of economic gloom reaching record levels
A flood of economic data from United States overnight and it all pointed to one thing: investment analysts are only just starting to understand how bad things are, and will be. By Glenn Dyer.
Kohler: If you’re not fearful, you’re crazy
“If you are not fearful, you’re crazy.” That’s what JPMorgan chief Jamie Dimon said last night during his third quarter results conference call, writes Alan Kohler.
Morning Market Report
The highs and lows of the markets…
Guantanamo case shows why courts are the big prize
It’s taken time, but judges have gradually eating away at the set of legal fictions supporting the Guantanamo detention regime, writes Charles Richardson.
Can everyone calm the fudge down about the economy?
Between a media anxious to play up the drama and self-interested representatives of the financial sector, you’d get the impression the only rational response to the crisis is unrestrained panic, writes Bernard Keane.
Morning Market Report
Marcus Padley reports on the highs and lows of today’s markets.
Commentary we had to have: Keating on rates, ratings and ratchets
Former Prime Minister Paul Keating spoke this morning with the ABC radio’s Ali Moore.
We’ll bail out Wall St, but let’s leave climate change to the market
President Bush and his supporters can find $700 billion to spend on a war of choice and Wall Street. Yet, when it comes to climate change there’s no option but to let market forces do their work, writes Jeff Sparrow.
