Rupert Murdoch has thrown his financial weight behind the Republican party, donating $1m (£642,000) to help its candidates in the November elections. It is one of the biggest donations to the party by any individual or organisation. The move comes in spite of Murdoch's public praise during the 2008 White House race for Barack Obama, whom he described as a phenomenon of "rock star" proportions.
Murdoch's News Corporation said it supported the Republicans because the party had a pro-business agenda. Murdoch's Fox News channel, New York Post and Wall Street Journal support the Republicans editorially and he has now added a significant amount of cash to the cause.
Click for Full Text!