POLITICS & POLICY

Australian Dollar Outlook - 19 Feb 2014

Bell FX Currency Outlook: Yesterday in Australia, the Minutes to the February Board Meeting provided few extra clues to recent public pronouncements by the Reserve Bank of Australia.
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Baby Dump Hatches for Unwanted, Abandoned Babies Growing in China

Despite being considered illegal in the country, China has nonetheless launched at least 25 baby dump hatches for unwanted and abandoned children nationwide. The scheme effectively encourages irresponsible parenting to a country with a population of 1.360 billion as of end 2013.

Is New Zealand PM John Key a Reptilian? (VIDEOS)

That question actually remains unanswered, not because New Zealand Prime Minister John Key was offended by the query if he is a reptilian alien who could change shapes, but because no evidence could be found to disprove the theory.

Australian Dollar Outlook - February 12, 2014

Australia: The AUD reached its highest level since the 14th of January, following some good domestic data yesterday, while overnight, new Fed Chair Janet Yellen's first address to the House provided few surprises.

Australia's Carbon Tax Repeal Looms Despite Report Showing Decline in Gas Emissions

The Australian government has previously said it will repeal carbon tax in July following a statement based on new data on greenhouse gas emissions. The Coalition claimed that Labour's carbon tax was only causing "plenty of pain, with no environmental gain." Environment Minister Greg Hunt remarked on Feb 5 that the carbon tax "doesn't work" since it costs the economy $7 billion a year.

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