Australian (ASX) Stock Market Forum

****ASF Breaking News****

 
The Democratic Republic of Congo on Monday, October 31, effected the expulsion of Rwanda’s ambassador to the country over allegations that Rwanda was supporting rebel group formed by Congolese citizens with legitimate grievances against their government.
 
Salvager of last resort drags them out of the quicksand and then falls in. A lesson for all here as many help friends and family members and when they need help they have spent all their money and no hand in pockets to help even though you may go under - a lesson to learn. People who need and/or accept financial help tend to be those who will always be looking out for it.
 
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Japan to crank up military spending.

Japan adopted sweeping changes to its national defense strategy on Friday, announcing a major military spending plan. It pledged to attain long-debated “counterattack capabilities” to target the bases and command centers of its adversaries with long-range missiles.

The plan, spanning a five-year period, envisions boosting the country’s defense spending to 2% of GDP, which constitutes a 50% hike in the annual military budget and amounts to a total of some $320 billion.

“Looking at Japan’s surroundings, it is facing the most severe and complex security environment since the end of World War II,” the country’s new National Security Strategy (NSS) reads, referring to growing pressure from “those seeking to unilaterally change the status quo by force.”

The strategy named Japan’s neighbors, including China and North Korea, as the biggest threats to the nation. “The strategic challenge posed by China is the biggest Japan has ever faced,” the document claims. It also branded the ongoing conflict between Russia and Ukraine a “serious violation of laws that forbid the use of force and has shaken the foundations of the international order.”

Beijing has already condemned the proposed military expansion, with Foreign Military spokesman Wang Wenbin telling a media briefing on Friday that Tokyo has been “inciting provocations and creating troubles” in the region itself.

“The defense policy document issued by Japan ignores the facts, deviates from Japan’s commitment to bilateral relations and the consensus between China and Japan, and smears China’s national defense posture and normal military activities for no reason,” he said.
 
I wonder if they will enact a law, where all high level politicians, have their last 6 years tax returns made public? That would have a lasting benefit and wouldn't be perceived as just another witch hunt.
All this stunt will do is further disenfranchise the Republican voters IMO. ?
 
Certainly getting some water around central and Northern Australia ATM.

 
This is one of the reasons that Barnett wanted to pump water down the West Coast, there is just so much of it going to waste.


The torrent of water currently rushing through the Fitzroy River is one of the highest flow rates ever seen in an Australian river.

It has astounded the Bureau of Meteorology, with Western Australia manager James Ashley estimating the flow rate to be about 60,000 cubic metres per second.

“The amount of water that is moving down the Fitzroy River in a day is about what Perth uses water-wise over 20 years,” he said.

At its current rate, the Fitzroy flow could fill Sydney Harbour in less than 2½ hours.
 
Just back tracking on the "Sea World" Helicopter crash.

Can anybody give me a logical explanation why Sea World were using black helicopters?

My layman view is that if the Sea World helicopters were painted in Hi-Vis fluro colours, that crash may have been avoided.
 
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