Quy Huy Hoang hides his face from the media. Power games ... Barack Obama and Vladimir Putin. Picture: AFP Photo Source: AFP For the second year in a row, Russian President Vladimir Putin has beaten Barack Obama to the title of world's most powerful leader, as ranked by Forbes. Media magnate Rupert Murdoch and family came in at 32 on the list of 72 powerbrokers, while Australian mining magnate Gina Rinehart came in at 66, but Australian Prime Minister Tony Abbott did not make the cut. Third prize went to Chinese leader Xi Jinping, who is expected to rule for a decade in which China is set to eclipse the US as the world's largest economy. News sites have identified former Navy SEAL Robert O'Neill as the man who killed Osama bin Laden. Is this the man who shot Osama bin Laden? A number of news sites have identified Navy SEAL Robert O'Neill as the man who killed bin Laden at close range with three shots to the head in Pakistan in 2011. Mr O'Neill's named has leaked ahead of an extensive two-part interview with Fox News next week. The SEAL, known as The Shooter, is expected to detail bin Laden's final moments and his last breath. Mr O'Neill is a highly decorated war veteran who quit after 16 years service. Fraudster Nicholas Wayne Lowe flaunts his stolen cash. Photo: District Court Registry Source: News Corp Australia He was used to silver service, but a judge says he should get used to plastic cutlery after embezzling more than $490,000 in cash. Corrupt public servant Nicholas Wayne Lowe and his six co-conspirators siphoned $1.135 million from the Victims of Crime compensation fund, the Adelaide Advertiser reports. A South Australian court heard yesterday how Lowe employed his family and friends in a lucrative four-year embezzlement scheme. Judge Paul Muscat said Lowe and his wife Andrea were a "prime example" of greed. He was used to silver service before. Now it'll be plastic service that he'll become accustomed to," he said. They enjoyed themselves at the expense of the Victims of Crime fund ... there's simply nothing (here) but sheer greed, luxury and excess. Read the full story in the Advertiser. Humiliating defeat ... US President Barack Obama. Picture: AFP Photo/Saul Loeb Source: AFP US President Barack Obama has pledged to "compare notes" with the Republicans after the Democratic Party's humiliating defeat in the US midterm elections. Mr Obama faces a turbulent final two years in office after Republicans stormed to power in the US Senate and extended their majority in the House of Representatives in a clear repudiation of the President's leadership. Speaking to reporters in Washington, Mr Obama has expressed his eagerness to "reach out to Republicans" to work on jobs, schools, stopping terror and fighting disease. It's time for us to take care of business. There are things this country has to do that can't wait another two years, four years ... The truth is I'm optimistic about our future," he said. I still believe in what I said when I was elected six years ago ... We are more than just a collection of red and blue states, we are the United States. The United States has big things to do. We can and we will make progress if we do it together. Read more on the mid-terms here. Australia's seven living prime ministers Malcolm Fraser, Julia Gillard, Bob Hawke, Tony Abbott, John Howard, Kevin Rudd and Paul Keating assemble for a photograph after attending a state memorial service for Gough Whitlam. Picture: AFP Photo/Dan Himbrechts Source: AFP Want a PM? Here, take seven. In a rare occurrence, Tony Abbott lined up with the six other living former prime ministers for a photograph after Gough Whitlam's memorial service yesterday. It must have taken quite a bit of stage managing to pull off this shot because, as one news.com.au staffer noted, there are at least three other people standing between each of the fiercest political rivals: Gillard and Rudd, Howard and Fraser, and Hawke and Keating. Here's a full wrap-up of Whitlam's memorial service. Bali's calling. Your next trip to Bali may be about to become even cheaper. Indonesia is considering scrapping its $40 visa-on-arrival fee for citizens of Australia, China, Japan, South Korea and Russia from next year. The country is also considering simplifying licenses to encourage more yachts and cruise ships to stop over in Indonesia. Accused paedophile Quy Huy Hoang enters Burwood court. He is charged with some of the most serious crimes there are, but judges continue to set him free on bail to the frustration of police. Maths tutor Quy Huy Hoang is facing 16 assault charges, including aggravated sexual intercourse with a child under 10, which carries a sentence of life imprisonment, The Daily Telegraph reports. Frustrated police have ­refused him bail only to be overruled four times by judges. The father of three is accused of preying on pupils as young as five who he taught in their homes at weekends. After abusing one little girl in her "toy room," he linked little fingers with her and made a "pinky promise" not to tell her mother, the courts has heard. "The police, who should be commended for their commitment to investigating these offences, must be feeling incredibly frustrated," said criminologist Carol Ron-ken from the child protection group Bravehearts. Read the full story in The Daily Telegraph.