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16/05/12
19:30
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Japan to spend $4.4bn on gas stake TROUBLED Japanese utility Tokyo Electric Power (TEPCO) has radically scaled back its plan to invest in the $29 billion Wheatstone gas project in Western Australia in the wake of last year's tsunami disaster that destroyed the Fukushima nuclear plant and almost destroyed the company. http://www.theaustralian.com.au/business/mining-energy/japan-to-spend-44bn-on-gas-stake/story-e6frg9df-1226357838935 Bidding war for Industrea unlikely after General Electric offer, says Moelis GENERAL Electric continues to bet big on Australia, pouncing on listed mining services firm Industrea http://www.theaustralian.com.au/business/wall-street-journal/bidding-war-for-industrea-unlikely-after-general-electric-offer-says-moelis/story-fnay3vxj-12263578 Repsol sees Australia as stable new frontier http://www.theaustralian.com.au/business/mining-energy/repsol-sees-australia-as-stable-new-frontier/story-e6frg9ef-1226356717403 All from todays Australian Newspaper. You lib wannabes,your nothing more than financial fifth colomnists ,trash talking the Australian economy down. Are you getting paid for this rubbish you lot consistantly peddle? The above links prove your collectively wrong about soverign risk,how many other things are you wrong on? If you want to be treated seriously,change your un-Australian trash talk. Raider