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Valentine’s Day – love it or hate it? »
IT’S the day that you either love or hate. And it may depend if you have a love in your life or not. But then even if you do, the pressure’s on to keep her happy. It was amazing that this Valentine’s Day, men continued to flock to florists for those traditional roses. It’s the [...]
The future of newspapers »
THERE has been a rapid decline of newspaper sales in Australia and around the world. A lot of that has to do with generation Y not buying newspapers and simply looking up their news online. Fairfax and News Limited this year will limit its news being put online so that it will be available for [...]
Rockefeller mystery grips Victorians »
HERMAN Rockefeller’s disappearance was a rollercoaster of emotion for the Australian public. Yet it ended in disaster like a horror movie. But for the Victorian public, that rollercoaster has turned into a macabre spectacle. It was a search for a fallen millionaire. First he was spotted alive creating hope for the family and beyond. Then [...]
Lehman Brothers Collapse – One Year On »
It has been one year since the collapse of American financial firm, Lehman Brothers, and US President Barrack Obama has delivered a stern warning to his nation that financial gambling will not be tolerated.
General Motors Bankruptcy »
THE FACTS General Motors is one of the most significant companies in automotive history, having celebrated its 100-year anniversary in 2008. The industrial giant has recorded four years of financial losses, resulting in a total loss of $88 billion dollars. General Motors filed for bankruptcy on June 1, 2009, making it the fourth-largest company in [...]
Global Financial Crisis »
THE FACTS The Global Financial Crisis (GFC) is an ongoing economic problem that began with the collapse of the US housing market in July 2007 and extended to financial markets. A loss of investor confidence in the value of secured mortgages in the US created a liquidity crisis. The US Federal Reserve, the Bank of [...]