POLITICS & POLICY

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Australian Dollar Outlook - 9 January 2014

Bell FX Currency Outlook: The Aussie Dollar hits a lower note after the US Federal Reserve December Policy meeting minutes and the release of some good US employment data.
Kim Jong Un with Jang Song Thaek

Kim Jong Un’s Uncle Probably Not Fed To Hungry Dogs, Contrary To Reports

Kim Jong Un probably didn’t have his uncle fed to dogs. The story that claims Jang Song Thaek had been executed by the North Korean leader by stripping him naked and feeding him to over a hundred of dogs was started by a satirical news site, and which was picked up by international media as a legitimate news.

No Punishment for Australia's Carbon Polluters Under Direct Action; Abbott Credibility 'Hanging by a Thread'

Carbon polluters in Australia will not be punished under the Abbott government's Direct Action plan. Prime Minister Tony Abbott's climate policy was not designed to be punitive, according to Federal Environment Minister Greg Hunt. Unlike Labour's carbon tax policy, the Coalition government does not penalise companies that fail to comply with emissions targets. Instead of penalties, the federal government will offer generous and flexible compliance settlements.

PM Tony Abbott Called ‘reckless ideologue who ignores science’; Bureau Report Adds Proof of Climate Change

After the Bureau of Meteorology has announced 2013 as the hottest year in Australia, the spotlight shines on Prime Minister Tony Abbott as critics seized an opportunity to call for a climate policy change. Richard Di Nitale, acting Greens leader, called Mr Abbott a "reckless ideologue who ignores the science." Mr Abbott was also accused of "listening to people who are part of the tinfoil hat brigade."

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