POLITICS & POLICY

Star Trek ‘Captain Kirk’ to Real-Time Space Chat with Commander Hadfield

Real life Canadian astronaut Commander Chris Hadfield is all giddy to make a milestone in the history of space science as he converses for the first time via a scheduled space chat rendezvous with fellow Canadian and actor William Shatner, more known as Star Trek's 'Captain Kirk,' yet another prominent icon in the global movie and television history.

Global Markets Overview - 7 February 2013

U.S stocks pulled back as the energy and technology sectors struggled. The Dow Jones Industrial Average declined 31 points, or 0.2%, to 13949 Wednesday afternoon, after sliding as many as 66 points in the opening minutes of trading.
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Australian Dollar Outlook - 6 February 2013

Bell FX Currency Outlook: The Australian Dollar has regained some lost ground overnight as the market digested the Reserve Bank of Australia's decision to leave the cash rate unchanged yesterday at 3.00%.

Global Markets Overview - 6 February 2013

The Dow Jones Industrial Average slumped toward its first triple-digit drop this year, as weakness in technology stocks helped derail a five-week rally for the blue chips

RBA Retains 3% Overnight Cash Rate

As expected, the Reserve Bank of Australia (RBA) adopted a wait-and-see attitude and kept on Tuesday the overnight cash rate at 3 per cent. The central bank made the decision after release of economic data from the U.S. and China which showed some improvement.

Early Dry Spell Saves Australia from Worst of 2013 Floods

If for any consolation to those affected by the recent floods of ex-cyclone Oswald, the flooding disaster would have been far more catastrophic had it not been for the dry spell that Australia experienced in late 2012, according to the weather bureau.

Queensland 2013 Floods Tops 2011 Tragedy

The damages caused by the floods in Queensland in January this year that was brought about by an ex-cyclone will surpass that of the same flooding tragedy the Australian state experienced in 2011, where millions of dollars will be needed in order to rebuild the state.

China Cold Front Exacerbates Toxic Smog

The number of hospital admissions related to respiratory complaints has risen in China and may continue to rise as the country's residents continue to experience yet again another toxic smog pollution which is seen could be exacerbated by a prevailing cold front.

Great Barrier Reef Faces Crucial Test as UNESCO Deadline for Australia Ends Today Feb 1

Today is not only the first day of February but is also the day set by the UNESCO as deadline for the Australian government to submit its actions as to how it plans to preserve and protect the Great Barrier Reef, or otherwise risk losing its World Heritage status. The Australian federal government had said it was able to meet the deadline, but the question still floats - were its submitted to do actions really enough to save and salvage the great reef?

Global Markets Overview - 1 February 2013

The Dow Jones Industrial Average seesawed within a narrow range, though carrying a slight negative bias, after the FOMC was slightly less dovish in its policy statement.

Lynas Nearing Production of Rare Earths at Malaysian Plant

Australian rare earths miner Lynas Corporation Limited (ASX:LYC) has announced it is ready to come up with its first product samples by February, even as it has yet to win over one more pending legal battle concerning its Malaysian plant facility.

Asia, The New Epicenter of Space Competition

With Iran having hurtled into space its first space monkey, South Korea announcing the satellite it blasted on Wednesday is now successfully transmitting data and North Korea which seven weeks ago likewise did the same, it is no wonder that Asia is now slowly transforming to become the world's epicentre of space competition.

Zimbabwe: Bankrupt, Appeals for Electoral Funding

Cash-strapped Zimbabwe is appealing for donations from the international community to support the requirements for the country's electoral spending as its finance minister revealed this week the South African nation only has $US217 left in its coffers.

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