Tag: Australia
The top 1% of households own 43% of global wealth, 10% owns 81%, while the bottom 50% have just 1%
The top 1% of households globally own 43% of all personal wealth while the bottom 50% have only 1%. The 1% are all millionaires in net wealth (after debt) and there are 52m of them. Within this 1%, there are 175,000 ultra-wealthy people with over $50m in net wealth – that’s a miniscule number of people (less than 0.1%) owning 25% of the world’s wealth!
The top 1% of households own 43% of global wealth, 10% owns 81%, while the bottom 50% have just 1%
We Are The Terrorists
Beijing Offers Dialogue With NATO After Alliance Identifies China as Threat
Beijing Offers Dialogue With NATO After Alliance Identifies China as Threat
On Tuesday, China said it hopes to engage in dialogue with NATO after news of a new report from the alliance that identifies China as an emerging threat. Hua Chunying, a spokesperson for China’s foreign ministry, said Beijing does not practice coercion and intimidation as the NATO report suggests.
Our House: Why China’s New South Asian Trade Deal is Making Washington Sweat
Elite Australian troops unlawfully killed 39 Afghan civilians amid a culture of ‘blood lust,’ report alleges
RCEP Hops on the New Silk Roads
Ho Chi Minh, in his eternal abode, will be savoring it with a heavenly smirk. Vietnam was the – virtual – host as the 10 Asean nations, plus China, Japan, South Korea, Australia and New Zealand, signed the Regional Comprehensive Economic Partnership, or RCEP, on the final day of the 37th Asean Summit.
RCEP Hops on the New Silk Roads
THE U.S. SPY HUB IN THE HEART OF AUSTRALIA
Remembering November 11, 1975: Pine Gap, the CIA and the coup to remove Whitlam
Remembering November 11, 1975: Pine Gap, the CIA and the coup to remove Whitlam
As PM, Whitlam demanded to know if and why the CIA had a spy base at the “Joint Defence Space Research Facility” in Pine Gap, near Alice Springs, in the Northern Territory.
On paper, Pine Gap was meant to be a collaboration between the Australian Department of Defence and the Pentagon’s Defense Advanced Research Projects Agency.
In Nugan Hand: A tale of drugs, dirty money, the CIA and the ousting of the Whitlam government, activist and former state Labor parliamentarian Joan Coxsedge wrote that Whitlam was considering the idea of not renewing the US-Australia agreement on Pine Gap.
Coxsedge said: “The Pine Gap Treaty signed on December 9, 1966, stated that after an initial nine years, either party could terminate the agreement on one year’s notice, which would determine the fate of the CIA’s most valuable overseas base.
Related:
John Pilger: How Whitlam was brought down
AUSTRALIAN HOUSE OF REPRESENTATIVES NOVEMBER 20, 1986 — GRIEVANCE DEBATE
Ms. Cat’s Chronicles 
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