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NewsMail Morning Edition Sat 19 May, 2012 Top Stories More Top Stories » Facebook takes Wall Street roller-coaster ride Facebook saw roller-coaster action in its first day of trading, making one of the most eagerly-awaited market debuts in history. More » Greece tops G8 agenda as markets tumble Beckham lights Olympic flame in Britain Italy's dog and cat tax muzzled Unlicensed teen killed in fiery crash Pair charged with newborn baby's murder Government under pressure over cattle stunning Union says BHP workers will strike next week Anti-Nazi novel scoops Book of the Year Pomersbach bailed after denying charges More Analysis » Late degenerate capitalism and the eurozone fallout What we have nowadays is a market of late degenerate capitalism. Morality is negotiable. Players want economic freedom but don't want to pay the price of their strategic errors. Which brings us to the eurozone. The system as currently designed is unsustainable - countries have either got to have their own currency sovereignty, or they've got to have a federated fiscal policy capacity. So what could the fallout from the crisis mean for Australia? More » Smooth operators are a spent political force Hockey's welfare philosophy is a proven failure GWS High: a lesson in learning from the AFL Gay marriage is a distraction: remember Manning Investing in our youngest Australians There's no such thing as a good grades guarantee Once the networks discover Le Tour, it's all over Darwin's modest discovery of evolution The limits of secularism and the search for meaning Just In More Just In » Italy's dog and cat tax muzzled Italy's proposal to levy a tax on cats and dogs is withdrawn in the face of a wave of popular anger. More » Anti-Nazi novel scoops Book of the Year Pair charged with newborn baby's murder Greece tops G8 agenda as markets tumble Unlicensed teen killed in fiery crash Beckham lights Olympic flame in Britain Facebook takes Wall Street roller-coaster ride Pomersbach bailed after denying charges Government under pressure over cattle stunning Pies edge Cats in grand final rematch World More World » Greece tops G8 agenda as markets tumble US president Barack Obama and other G8 leaders meet for crisis talks in Washington as European and Australian markets suffer sharp losses. More » Facebook takes Wall Street roller-coaster ride HMAS Ballarat sails into China for joint exercise Beckham lights Olympic flame in Britain Business More Business » Facebook takes Wall Street roller-coaster ride Facebook saw roller-coaster action in its first day of trading, making one of the most eagerly-awaited market debuts in history. More » Greece tops G8 agenda as markets tumble Union says BHP workers will strike next week European funding markets frozen: ANZ chief ACCC to probe online price deals Politics More Politics » What is the Brisbane Sovereign Embassy? By Amy Simmons The removal of an Aboriginal tent embassy from Brisbane's Musgrave Park on Wednesday was met with defiance, anger, tears and frustration. More » HMAS Ballarat sails into China for joint exercise Industrial court to hear HSU administration case No regrets over Slipper staffer comments: Carr Forced adoptions apology from SA Premier Sport More Sport » Pies edge Cats in grand final rematch Scott Pendlebury kicked four including the game-winner as Collingwood triumphed by two goals over 2011 grand final tormentor Geelong. More » Pomersbach bailed after denying charges Tigers edge Warriors in thriller Brumbies gallop back to silence Hurricanes Maroons keeping it low key in Torquay Rebels snare Higginbotham from Reds Science and Technology More Science and Technology » CSIRO cleared of link with forestry lobby group By Simon Lauder An investigation by the Commonwealth Ombudsman has cleared the CSIRO of its links with a forestry lobby group, but has warned its reputation could suffer. More » Last 50 years were Australia's hottest: study Woman uses thoughts to move robotic arm Poison trials raise hopes in feral pests fight No hint of world's end in oldest Mayan calendar Environment More Environment » City dwellers fare better than country cousins A report has found people who live in the city fare better in terms of health, education, employment and wealth than their rural counterparts. More » Last 50 years were Australia's hottest: study Poison trials raise hopes in feral pests fight Australia seventh-worst polluter on Earth: report Australian to embark on tsunami debris mission About this email You received this email because you are subscribed to ABC News email alerts. This message was sent to you at starnewsposting@gmail.com Please add newslists@your.abc.net.au to your email address book to see images by default and stop the email being treated as spam. This email address is not monitored - Please don't reply to this email. Manage your preferences | Unsubscribe | Contact Us   This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced. Australian Broadcasting Corporation, 700 Harris Street, Ultimo NSW 2007 © 2011 ABC | Conditions of Use | Privacy Policy | Discover other ABC Email newsletters