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The federal government’s $42 billion Nation Building and Jobs Plan stimulus package passed the senate on February 13 with the support of the Greens, Family First Senator Steve Fielding and independent Nick Xenophon.

In minutes released of its February 17 board meeting, the Reserve Bank of Australia flags that its cuts to official interest rates may slow. It seems that the financial gurus at the RBA are unhappy that their cuts to interest rates (passed on only in part by the banks to home-buyers, and even less to credit-card debtors), have failed to stimulate enough spending.

On February 9, 40 students from Glasgow University occupied its computer science research building. This was just one in a series of university occupations by students across Britain — involving as many as 24 campuses at one point — in solidarity with the people of Gaza.

As the world economy spirals down into its deepest crisis since the great depression, the writings of Karl Marx have made a return to the top seller lists in bookstores. In his native Germany, the sales of Marx’s works have trebled.

The key United Nations report used as the basis for climate change policies in many countries, including Australia, seriously underestimated the dangers of global warming, one of its leading compilers has warned.