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PM Kevin Rudd Names 6 Female Ministers to Make Parliament of Australia History

New Prime Minister of Australia Kevin Rudd has appointed six female members to his Cabinet making the total number of female Cabinet members to eleven. This is Rudd's alleged attempt to reconcile a divided party due to the ouster of Julia Gillard as Labor party leader. Rudd made Parliament history as there are now 11 female ministers under his leadership up from 9 since his victory over the first female prime minister in Australia.

“Democratic Values” Vital For Turkey’s EU Bid, Says Merkel

Reacting on an EU decision to postpone a new round of membership talks for at least four months, Merkel told the German parliament this week that Turkey's membership in the European Union is conditional on respect for human rights and political reform in Ankara.

Australian Dollar Outlook - 01 July 2013

Bell FX Currency Outlook: The Australian dollar slid further on Friday night and has opened this week's trade in the low 0.9100's as the USD gained further strength after more comments from several US Federal Reserve Bank officials.

Parts of World Increasingly “Uninsurable” Due To Climate Change Risk

The speed at which oceans are warming could see parts of the world become uninsurable if climate change is not checked, warned the Geneva Association, a global insurance think-tank, adding that governments need to invest more in flood defences and tighten building restrictions in risky locations to mitigate the fallout from extreme weather hazards.

Julia Gillard "Most Productive" Australian Prime Minister?

Government effectiveness is measured by opinion polls and elections but these don't really reveal anything specific. Good indicators of a working government are public health and economy. However, both of these indicators are not entirely under the influence of the government. Based on the data gathered, first female and former prime minister of Australia Julia Gillard had the highest rate in passing legislation.

Australian Dollar Outlook - 28 June 2013

Bell FX Currency Outlook: The Australian dollar has had a rather quiet night of trading as better figures from the US on their economy and more accommodative comments from members of the US Federal Reserve calmed markets.

Kevin Rudd And Julia Gillard Spill Memes Go Viral

Leadership in Australia changed literally just overnight. Kevin Rudd has taken back his position as prime minister from Julia Gillard after she called a leadership spill and he won the ballot on Wednesday. Sure, there are losers, doubters, and naysayers, but there are also winners. And the biggest winner of all? Not Rudd, but the Internet and the "Game of Thrones" fans.

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