A MAJOR national bank has been forced to remove more than 100 misleading out of order signs from its ATMs after being targeted by anti-coal activists.
A score of ANZ Banking Group machines sprawled across six capital cities were plastered with "out of order" signs on Sunday after campaigners launched their latest bid to draw attention to the bank's funding of the coal industry.
Another great effort
ReplyDeletehttp://au.news.yahoo.com/thewest/a/-/wa/14804844/protesters-stop-work-at-gas-hub/
A Broome Community No Gas Campaign spokesman said Evan Dowlings and Frances Myles from the Goolarabooloo community scaled the rigs about 5.30am after allegations that "Woodside had actively sought to silence information around the heritage values of the site and the government’s repeated failure to enforce the Aboriginal Heritage Act".
If only they would FLNG off
FLNG floats in for Scarborough
Monday, 10 September 2012
SPECULATION is rife this morning that the ExxonMobil and BHP Billiton joint venture is having another look at floating LNG as it seeks a development path for the Scarborough field.
Looks like the big stimulus idea is cooked
http://www.theage.com.au/business/china/china-gloom-to-end-our-mining-boom-20120909-25mbi.html
SENIOR Chinese government policy advisers have said Beijing is unlikely to have the appetite for the new round of massive spending to boost its slowing economy, casting a shadow over Australian miners' hopes of a near-term rebound in the giant economy.
Doubts are also growing within China as to whether banks are willing to finance a planned $US156 billion ($150 billion) infrastructure spending spree ranging from railways to roads as many local governments in China are still nursing a three-year-old debt hangover.
...
A senior policy adviser to the State Council - the Chinese cabinet - who declined to be named, told BusinessDay the government would not ''drink poisonous water to quench thirst'', alluding to the dangerous policy impetus to apply economic Band-Aid solutions.
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Deng Yuwen, a senior editor from the Central Party School - the highest training institute for senior party officials and headed by Xi Jinping, who is widely tipped to be the next Chinese president - came out to criticise the planned infrastructure spending.
''Local governments are engaging in irresponsible fiscal spending under the pretext of maintaining stable growth … this will worsen the problem of serious industrial overcapacity and drag down the banks as well,''