POLITICS & POLICY

Climate Change Made 2013 New Zealand's Warmest Winter on Record

The receding water line of Lake Hodges is seen in San Diego County January 17, 2014.
New Zealand had the warmest winter on record in 2013. According to the State of the Climate 2013 report released by the American Meteorological Society, some of the countries in the Southern Hemisphere including New Zealand had 2013 as the one of their warmest years.
Leaders of BRICS and UNASUR attend the summit

BRICS Create Development Bank to Rival IMF, World Bank

Emerging super nations BRICS (Brazil, Russia, India, China and South Africa) have finally made good a plan flaunted in 2012 to establish a BRICS development bank that could rival and possibly topple the IMF and World Bank.
More news
U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. Picture taken August 2, 2013.

Australian Dollar Outlook - 18 July 2014

Bell FX Currency Outlook: Amid the geopolitical developments the AUD held its ground near 0.9380 after the Malaysian Airlines news hit the screens, but late in the US session the AUD lost ground and is now nearer 0.9340.
Tony Abbott

Australia Repeals Carbon Tax Law; Labor Promises to Revive Levy

Australian Prime Minister Tony Abbott finally fulfilled his campaign promise on Thursday, July 18, to repeal Julia Gillard's carbon tax law. To do that after two years when the tax was collected, the PM had the backing of the new crossbenchers in the Senate, along with the Palmer United Party. Thirty-nine legislators voted to repeal the carbon tax, while 32 Labor and Green members opposed the repeal.
A boy hugs a tree as he takes cover after strong winds brought by Typhoon Rammasun, locally called  Glenda, battered the capital, metro Manila July 16, 2014.  Philippine authorities evacuated almost 150,000 people from their homes and shuttered financial

In Photos, Typhoon Rammasun Blasts the Philippines

Typhoon Rammasun, now on its way to strike southern China and northern Vietnam, forced over 400,000 people in the Philippines to evacuate and seek higher and safer grounds on Tuesday till Wednesday.
A participant practices rolling a joint at the Cannabis Carnivalus 4/20 event in Seattle

New Zealand Sees Growing Support for Marijuana Reform

A survey by the Herald's DigiPoll has asked New Zealanders if they supported the legalisation of cannabis or wanted it to remain illegal. New Zealand laws currently consider marijuana possession a crime with a penalty of $500. Violators may also be imprisoned for up to three months.

Pages