POLITICS & POLICY

Australian Dollar - 31 January 2013

Bell FX Currency Outlook: The local unit fell to a low just above 1.0400 against the Greenback as concerns over a potential rate cut next week have started to creep in.

Global Markets Overview - 31 January 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. The Fed concluded its latest two-day meeting by keeping rates unchanged and continuing its bond-buying efforts amid a mixed picture of economic growth.
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PM Gillard Sets Sept 14 as Election Day

In an unexpected move, Prime Minister Julia Gillard announced on Wednesday the federal election date months ahead of the actual date. Australians will cast their votes on Sept 14.

UFO Sightings: MUFON Experts Solve Mystery in Cotulla, Texas [PHOTOS]

Mutual UFO Network (MUFON) has been receiving phone calls from startled residents of Cotulla, Texas who reported numerous UFO sightings in the area. The organization claims that their experts can solve the mystery surrounding the unidentified flying objects recently caught on camera.

Global Markets Overview - 30 January 2013

The Dow Jones Industrial Average advanced 68 points, or 0.5%, to 13950 in midafternoon trading Tuesday, on pace to close at the highest level since October 2007. The Standard & Poor's 500-stock index rose seven points, or 0.5%, to 1507. Blue chips headed toward a five-year high as Pfizer topped earnings expectations and investors shrugged off sluggish consumer-confidence data.

Hey, Obama: Who's Really Ginning Up Fear in the USA?

If your goal as a leader is to be an authoritarian and rule over people rather than represent them and govern on their behalf, then you're probably a student of one of the most popular and oft-taught political principles throughout the ages: the use of fear.

David Cameron to Reform UK Membership

David Cameron, Prime Minister of Britain, promised the UK membership of the European Union following an extensive reform which would include an in and out referendum, provided his party is re-elected as the government in the 2015 general elections. However, some European leaders disagree with Cameron's pledge to renegotiate membership terms.

Useful Info App Find: Poorest President Who Drives Around in Ancient Volkswagen Beetle, Has 3-Legged Dog for Bodyguard

There are many applications that can be used in Facebook including games, horoscopes, inspirational quotes and other useful info. The Useful Info app delivers trivial information about health, touching stories, food, technology, quotes, and politics. One of the finds of that app featured a political icon that would put other politicians to shame for their lavish lifestyle. He is Jose Alberto Mujica Cordano, the current president of Uruguay since 2010. He is an entry in Useful Info Facebook app w...

Impact of Carbon Tax on Business Lesser than Anticipated

An Australian Industry (AI) Group study of the impact of the carbon tax on the energy cost of doing business indicated it is lesser than anticipated. The analysis seems to support the contention by Treasurer Wayne Swan that the tax also did not lead to runaway prices, contrary to the scare campaign initiated by the Opposition against the measure.

Facebook Invaded by Debt Collectors

With no clear cut and defining rules for engagement, debt collectors have managed to infiltrate Facebook and other social media channels in their pursuit to settle unpaid financial obligations of errant debtors. But as contact cases escalated over the years, consumers now point the method has tantamount to online harassment.

Australia Day: Places to Visit, Where to Celebrate

Since Australia is a multi-cultural country, it would not be surprising that Aussies would celebrate their national day in different ways. While Australia Day is Jan 26, since it is a Saturday, the country would observe it on Monday, Jan 28 which is a public holiday.

Queensland Gets Flooded, 20 Rescued

Rainfall poured down by ex-tropical cyclone Oswald has brought flowing to the eastern state of Queensland, Australia, where so far 20 have been rescued.

Presidential Daughter Isabel dos Santos Is the Gina Rinehart of Angola

If Gina Rinehart is Australia's richest person, and once the world's richest woman, her counterpart in Angola is Isabel dos Santos, the daughter of the country's president, Jose Eduardo dos Santos. Forbes reported on Wednesday that Ms dos Santos's wealth breached the one billionth mark, making her Angola's first woman billionaire.

Global Markets Overview - 25 January 2013

A broad rally in major indexes lost steam Thursday afternoon, as a disappointing earnings report from Apple weighed on technology shares. The Dow Jones Industrial Average rose 19 points, or 0.1%, to 13798. The Standard & Poor's 500-stock index lost three points, or 0.2%, to 1491.

China Manufacturing Data Boosts Australia Shares

Australia's benchmark S&P/ASX 200 inched 0.5 per cent at 0347 GMT at 4813.1, boosted by news from its major trading partner China which was reported to have yielded a growth in its purchasing managers index for the month of January.

Australian Consumer Groups Call for Change in Food Labelling

"Made in Australia." "Australia made." "Manufactured in Australia." "Australian owned." Just some of the food labels Aussies routinely encounter in the groceries and supermarkets. While some people may not even give a damn on these labels, but to Australian consumer group Choice, it is important that Aussies know exactly from where the food they just picked and will eat later, came from.

Australia Seeks Partners to Develop Massive Trillions Worth Oil Find

Australia, known for its huge minerals and metals resources, is seeking partners to develop the massive shale oil, believed to be worth more than $20 trillion, that one of its miners discovered in South Australia, which could essentially propel the country Down Under to become one of the most important global players in the oil sector.

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