The sub-prime mortgage crisis has considerably worsened economic conditions for companies in the US. China's vice minister of commerce is urging Chinese companies to take advantage and buy-up the most vulnerable, China Business News writes

We all know China has a huge impact on the global economy, but an article in the Sydney Morning Herald shows how that impact has even been enough to help John Howard remain in office as Australia’s prime minister – until recently, anyway.According to Andrew Charlton, an Australian economist, Howard has claimed great success in keeping inflation, ...