Gold’s first peek at the magic price of $US2000 an ounce ended in disarray last night, a reminder to all investors that bubbles deflate faster than they inflate.
When Australian Climate Commission chief Tim Flannery is asked why Australia should bother doing anything about climate change when the country is responsible for only 1.5 per cent of global carbon di
Perth should foster a centre of excellence that brings together like-minded individuals, businesses and, sometimes, public institutions to serve the resources sector.
While financial markets have been focused on European and US debt problems, the real issue is clearly global economic growth, which now appears to be faltering badly.
The Baltic Dry Index has barely moved over the past month, a fact which has escaped hysterical share traders and expert commentators, but one which is very good news for Australia, especially WA.
