POLITICS & POLICY

The burgeoning climate change could cost U.S. businesses multibillions over the next 25 years, a bipartisan report released on Tuesday said.

Damages of the burgeoning global warming scenario in the European Union could hit 190 billion euros ($259 billion) a year in the 2071-2100 period, according to a new report by the Joint Research Centre, the European Commission's in-house science service.

Bell FX Currency Outlook: The Australian Dollar has rebounded half of one US Cent on the back of weaker-than-expected US economic data overnight, but this data's impact should be short lived.

A group composed of scientists from around the world has targeted New Zealand's Southern Alps for drilling, in the hopes their study would enable them to understand how earthquakes are produced and set off.

The Great Barrier Reef Marine Park Authority is out with guidelines for whale watching

A tornado classified as an EF1 twister ripped through the town of New Tecumseth in Ontario, Canada, topping down hydro lines and trees. Environment Canada said its maximum winds were between 135 and 175 kilometres per hour. Reports of fatalities have yet to be received.

Prime Minister Tony Abbott has called his government the "best friend workers of Australia have ever had" in a speech defending his "tough budget" including policies affecting young and unemployed Australians.

Bell FX Currency Outlook: The Australian dollar declined overnight as fighting in Iraq weighs on risk appetite.

Senator Christine Milne said on Tuesday that the Greens Party will not support the increase in fuel tax proposed by the Coalition in the federal budget for 2014-15. The move is expected to blow a multibillion-dollar hole in the first budget of the Abbott government.

Iraq Crisis: ISIS militants went hunting for wives as children were armed as snipers

Palmer United Party (PUP) leader Clive Palmer is on the brink of wielding his power in the Senate in July. In a speech in Canberra, Palmer outlined what he would if he was given the chance to be the prime minister of Australia.

Chelsea Clinton, daughter of former U.S. President Bill and Ex-secretary Hillary Clinton, has revealed in an interview published over the weekend that she doesn't care about the money why she had let go of her lucrative jobs in exchange of doing family's philanthropic activities.

Kim Jong-un’s may soon punish Foreign Affairs Minister Julie Bishop, following her anti-DPRK statements

MH370 was not a priority for international traffic controllers, says MAS Boss Hugh Dunleavy

Canadian journalist Mohamed Fahmy who works for Al Jazeera English was sentenced to 7-year imprisonment in Egypt, and the ruling has enraged the international community.

Bell FX Currency Outlook: The Australian dollar remains above 0.9400 cents on the back of surprisingly strong Chinese manufacturing figures.

Like the Coalition government's proposed federal budget, more Australians are taking the side of the Opposition when it comes to the carbon tax, including some Liberal officials.

More Australians consider global warming as a serious issue as the Abbott government chooses to not consider climate change a priority. In the latest Lowy Institute poll, the number of Australians who think global warming is a "serious and pressing" concern has increased on its second consecutive year.

New Zealand's Immigration Minister Michael Woodhouse has brushed off a U.S. State Department report accusing the country of rampant human trafficking.

Prime Minister Tony Abbott calls for G20 leaders to hasten economic growth while Australia itself drags actions on global tax evasion.

The Bureau of Meteorology warned residents of Sydney and south-east NSW on Monday to brace for damaging winds and blizzard conditions that could last until Tuesday.

Australia becomes the highest foreign per-capita contributor to the armed group conflicts

Canada has declared a reform of the Temporary Foreign Worker Program that seeks to prevent employers in regions where unemployment is high from hiring foreign workers. The revamped law likewise seeks to limit the number of workers employers can hire.

Canada has recaptured the inmates who escaped in a daring helicopter jailbreak from a facility near Quebec City almost two weeks ago.

Bell FX Currency Outlook: The Australian Dollar has come off its recent highs to start this week of trading below 0.9400.

In another hit on the embattled Abbott government, the latest survey by the Climate Institute found that only 30 per cent of Australians now are against the carbon law of the Gillard administration. That is a big decline from the 52 per cent in 2012, The Sydney Morning Herald reports.

Thursday marked the end of an era and the beginning of a new chapter in Spanish history. Not only did their wildly successful National Football Team return home after unceremoniously exiting the 2014 FIFA World Cup in the first round, the country also saw the exit of King Juan Carlos, the monarch who has led the country for several years. King Juan Carlos made his abdication official and his son, the Crown Prince Felipe has been sworn in as King Felipe VI and was welcomed to his seat by cheers a...

Prime Minister Tony Abbott feels "very satisfied" with no arrivals of boat people in six months.

Saddam Hussein’s chemical weapons facility is now under control by militants.