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Business & Financial News, U.S & International Breaking News. Associated Press News. Washington Post: Breaking News, World, US, DC News & Analysis. ABC Australia. 'I'm Scottish': Gutted Lambie to quit Senate in latest citizenship shock Jacqui Lambie broke down in a radio interview this morning as she confirmed she will resign from the Senate because she holds British citizenship, telling listeners she always thought she was "Australian as they bloody come".

ABC Australia

How your MP will vote if Australia says Yes to same-sex marriage We've asked every federal politician what they intend to do if same-sex marriage gets to a vote in Parliament. On the numbers we've gathered, both houses would pass a bill to change the law. Check out what your local member will do. Wong says alternative same-sex marriage bill a 'licence to discriminate' It's Kristina Keneally vs John Alexander in the by-election battle for Bennelong Labor nominates the former New South Wales premier to run in the Bennelong by-election against John Alexander, in a contest that could upset the Federal Government's fragile majority and cause major headaches for Malcolm Turnbull. BBC News. The New York Times. The Guardian. NPR World News. MSN News Australia. Independent Australia. Aus. Indep. Media Network.

Democracy Now! News.com. Politifact : Fact-checking U.S. politics. NewStatesman - Russell Brand on revolution. IIn the summer of 1970, a 34-year-old Welsh artist with a shock of prematurely white hair and a thick, moustache-less goatee was asked by the Times to draw political cartoons during the general election campaign.

NewStatesman - Russell Brand on revolution

Idealistic and mistrustful of authority, Ralph Steadman saw little that was likeable or even distinguishable in the Conservative Party’s Edward Heath and Labour’s Harold Wilson. But he had four children to support from a recently ended marriage and needed a steady income, so he accepted the assignment – and got on with causing offence. Steadman’s first cartoon for the newspaper, featuring the diminutive Mr Weath and Mr Hilson, as he named them, along with the Liberal Party leader, Jeremy Thorpe, was titled Happiness Is a Small Politician. Another used the three faces to form the undulations of a landscape, which he called The Wasteland. Dear Ralph . . . Now, a few months later, Thompson was eager to capitalise on the success by taking on more assignments with Steadman. Mashable. Topix - Australia News. 1 hr ago | The Age The making of an unlikely radical Hated by progressives for his role in Gough Whitlam's dismissal and his ultra-conservative foreign policies when Liberal PM, Malcolm Fraser today believes Australia should cut all military ties to the US.

Topix - Australia News

Trending on the Topix Network 5 hrs ago | Sydney Morning Herald Australian banks profit from NZ After years of sub-par growth in New Zealand, signs of economic recovery in what has been dubbed the ''rock star economy'' bode well for Australia's big banks. 10 hrs ago | The Age Rowdy Australian sparks plane hijack fear A drunk passenger has caused the closure of Bali's airport when a Virgin Australia pilot reported a hijacking attempt. 14 hrs ago | Canada.com Drunken passenger arrested in Bali after hijack scare on flight from Australia RACE PACKAGE PICKUP IS LOCATED AT BC PLACE STADIUM'S EAST ENTRANCE Individual race package pickup is at BC Place Stadium for three days only. 18 hrs ago | Iol.co.za Search for MH370 'may last for years'

Australian Debt Clock. Blog Post 12| 27th December 2015 U.S.

Australian Debt Clock

Federal Reserve Breaks Bad In the wind up of 2015 the Federal Reserve (FED, U.S. Central Bank) has made a counter logical (logical, in terms of their theoretical mandate) decision to increase interest rates, effectively reducing the amount of liquidity that will be available into 2016. On 17th December 2015 the FED made the decision to raise he Federal Funds Rate from a range of 0-0.25% to 0.25-0.5%, the first increase since 16th December 2008 in light of the Global Financial Crisis (GFC). ‘…inflation at the rate of 2 percent (as measured by the annual change in the price index for personal consumption expenditures, or PCE) is most consistent over the longer run with the Federal Reserve's mandate for price stability and maximum employment.’ Source: U.S. ‘…it is reasonably confident that inflation will rise, over the medium term, to its 2 percent objective.’

Source: U.S. What is the issue with low inflation or deflation? What is the probable outcome? 100 days of Trump claims - Washington Post. Truthdig: Drilling Beneath the Headlines.