Let's Face It, The World Is Round, Like A Football

IT WAS football, but not as we know it, Jim. Well, that may not have been quite true. There was a school of thought gaining some currency late in the week that soccer was in fact a game devised by Terry Wallace and Paul Roos after an all-night drinking session some time in the late 1980s. This seemed not altogether implausible.

Gently, Gently China Loosens The Reins

THE climb of the Chinese yuan against the US dollar has been touted by the US Administration as a way to improve America's trade deficit. But it is unclear what it will do for the Australian dollar.