The New American
August 17, 2013
Tom Eddlem, writer for The New American, gives a contrast between Australia's economy and that of the United States. Some of the contributing factors that he covers include the two country's national debts, national savings, and interest rates. Eddlem notes that even though Australia has a socialist government, it has a much lower debt-to-GDP ratio and a much higher national savings rate than the United States, which contributes to economic growth and stability.
Showing posts with label australia. Show all posts
Showing posts with label australia. Show all posts
2,500 marines in Australia 'new battlefront for US'?
RT News
April 4, 2012
The first US marines have arrived in Australia, as America boosts its military presence in the Asia-Pacific region. More than 2,000 personnel will be deployed here over the next few years and adds to America's military footprint in such countries as the Philippines and Singapore - all in China's backyard. For more on the story RT talks to James Corbett, editor of The Corbett Report, an independent news website based in Japan.
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