POLITICS & POLICY

Beijing Factory Workers Hold American Boss Hostage Over Wage Clash

Chip Starnes, an American and president of Specialty Medical Supplies Beijing Co., Ltd, could not believe his fate. For five days straight now, he has been held against his will and rendered captive inside his own factory in China by workers disgruntled over their salary.
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Australia's Gold Coast a 'Crime Hotspot'?

Australia's Gold Coast may be the hotbed of crime due to the city's worsening incidents of crime and violence. A young man was recently stabbed to death for having alleged bikie connections on the steps of a luxury home in Gold Coast. A former detective and leading criminologist at Bond University, Dr. Terry Goldsworthy says data shows an increasing rate of violent offences throughout the district in the recent years.

PM Julia Gillard: Cover Girl of Australian Women’s Weekly

Australian PM Julia Gillard takes a break from politics by posing for a major women's magazine. Her photo on the cover of Australian Women's Weekly shows her knitting with her beloved dog, Reuben. This is a welcome diversion for federal Labor who is currently battling a leadership crisis.

Australian Dollar Outlook - 25 June 2013

Bell FX Currency Outlook: The Australian Dollar has opened higher this morning following comments from US Federal Reserve Presidents overnight that the market may have overreacted to last week's Fed Statement.

Australian Dollar Outlook - 24 June 2013

Bell FX Currency Outlook: The Australian Dollar has consolidated after its recent fall last week precipitated by the US Federal Reserve's statement that the pace of quantitative easing could begin to taper later this year if unemployment in the US continues to fall and has opened this morning just above 0.9300.

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