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Australians will be looking forward to Barack Obama's visit next month, so early in his first term. It is certain to create new warmth towards America below the boardroom and seminar level where the relationship tends to be celebrated. With Obama and Rudd involved, meetings are already being forecast as..read more
STATE visits, especially between the world's two leading nations, are heavy on ritual exchanges. In the time-honoured manner of United States presidential visits to China, Barack Obama gently asserted his nation's principles of "freedoms of expression and worship, of access to information and political participation". The Chinese, equally predictably, ignored..read more
They were calling it Black Friday. But yesterday was an ocean of red; the colour of blood, anger, apprehension. What exactly is the colour of fear? For it is fear that has gripped financial markets. Sharemarkets, currency markets, credit markets across the globe are running for cover.