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Australian Dollar Outlook - 08 April 2013

The Australian Dollar tumbled one US Cent on Friday night in an interesting end to the week as base metals prices fell lower, as markets became concerned about the pace of global growth.

Malaysia Creates Body to Monitor Lynas Rare Earths Facility

The Ministry of Science, Technology and Innovation of Malaysia has created a committee body to monitor the rare earths processing facility of Australian miner Lynas Corporation in line with the latter's compliance to the 31 recommendations with regards to its temporary operating license (TOL).

Superannuation Changes still Lacking in Benefits

Australia has introduced changes to the tax treatment of superannuation but critics are quick to point out that reforms barely scratched the surface of needed reforms to address the incredible inequity that lies at the heart of the tax treatment of superannuation, according to the Australia Institute.

Korea War Threats: Government’s Plans to Evacuate 7000 Australians from South Korea

The Australian government has made its initial moves to protect its thousands of citizens currently living in South Korea. Officials of the Defense department have revealed its evacuation plans for 7000 Aussies, as Prime Minister Julia Gillard and Foreign Minister Bob Carr are jetting to China in an effort to help mitigate the conflict at the Korean Peninsula.

Globalists are Leading us into Nuclear War with North Korea

In an interview with ABC News April 2, Gen. James Thurman, the top U.S. commander in South Korea, said the current tense situation on the peninsula is the worst it's been since he assumed command of the 28,500 U.S. forces there two years ago.

Australian Dollar Outlook - 05 April 2013

Bell FX Currency Outlook: The Australian Dollar is weaker this morning as financial markets showed disappointment with overnight's ECB meeting and weaker than forecast data in Europe and the US.

China Pitches Sea Burial Option to Citizens

With a current population of 1.4 billion, and still actively growing, not to mention an also increasing elderly population, China is getting headaches where to place its dead. Faced with the reality and problem of scarce land, the world's second-largest economy has started to pitch the option of sea burial to its citizens.

Australian Dollar Outlook - 04 April 2013

Bell FX, IG Markets Currency Outlook: The Australian Dollar is trading near USD 1.0450 after a mixed session overnight. The AUDEUR will be closely watched today as local retail sales and building approvals, a good measure of returning consumer confidence, has been estimated to kick 0.3 per cent and 2.5 per cent higher, respectively and should provide more traction to the AUD.

China on High Alert as South Korea Vows Retaliation When Provoked by North

China has begun to mobilize its military in the perimeters of the Korean peninsula after North Korea has put an end to any form relationship with South Korea and instead, declared entering into a "state of war" on March 11, 2013. U.S. officials said that the Chinese People's Liberation Army has increased its presence on the border with North Korea.

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