As the US national debt debate fades in the background of Wall Street, another issue comes into forefront: the state of the world economy: Half of Europe is already in recession and the other half struggles to stay afloat.
Even though the Australian press was able to sketch his background 18 months ago (borrowing on some Wall Street Journal reporting), Liu acquired a major stake in two overseas Aussie ventures, Sundance Resources and Moly Mines, and this week turned out not well for all of them.