[photopress:aussie_monthly.gif,full,1] We know Australian dollar is losing its ground recently. It is, in fact, the worst-performed currency in Asia Pacific for year 2008. (It reminds me, it used to be the top performer not long ago 😆 ) I had a look at monthly chart to have a view and feel how bad is the […]
Australia
Bad coffee exits
Starbucks pulled out from Australia by closing 61 of 84 stores. In the case of one American coffee giant, globalisation deserved to fail. Starbucks makes really bad coffee. Starbucks is almost entirely pulling out of Australia closing 61 of its 84 stores. In Melbourne, just five of the 16 stores are tipped to remain. […]
Rudd understands economy
My Rudd is going to stay hands off on interest rates to promote competition in the market. He is making a wise and intelligent move. Well, I am not saying the decision is right or wrong, but it shows his understanding of market. Period. Now, I am very interested in his promise on resolving housing […]
