North Koreans in misery as cash is culled:

Over night the North Korean government froze all currency which essentially shut down businesses for the day.  Their currency the “WON”, was devalued by the government by a ratio of 100:1.  Citizens were then asked to turn in their old currency for the new WON with a cap of 100,000 WON per family.  This  wiped out any savings a family may have had making them poor overnight.

Australia Increases Benchmark Interest Rate to 3.75%:

The central bank in Australia raised interest rates by a quarter percent for the past three straight months.  This is generally done to contain inflation and slow economic growth.  This country looks to be headed in the right direction as opposed to the near zero interest rates in North America and Europe.

Sarbanes-Oxley Law May Be Reshaped by U.S. Supreme Court Clash:

There may be pressure on the US Congress to scale back this law.  This was brought into power in 2002 after the Enron and Worldcom accounting fraud.  This law has been accused of stifling American business and causing the recent lack of IPO’s.