Archive for August, 2008

Starbucks pulled out from Australia by closing 61 of 84 stores.
In the case of one American coffee giant, globalisation deserved to fail. Starbucks makes really bad coffee.
Starbucks is almost entirely pulling out of Australia — closing 61 of its 84 stores. In Melbourne, just five of the 16 stores are tipped to remain.
when Starbucks came [...]

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Coffee Breakout - Off to the Races?
The Starbucks Theory
Read more on Coffee prices, Starbucks, Investing in Australia at Wikinvest

Is Australia heading to recession? Some said next 3 months are crucial…
Think of it like this: we are in a car that has been braking sharply as a result of higher interest rates, higher petrol prices, diminishing household wealth and fear of what might lie ahead. Now the car has slowed sharply, the question is [...]

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More on this topic (What's this?)
The New Doom-and-Gloomers
Daily Pfennig: Dollar Slide to Continue, Interest Rates to Rise
Read more on Investing in Australia, U.S. Economic Cycles, Interest Rates at Wikinvest

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