POLITICS & POLICY

Although the final results are not yet out, Tuesday's Parliamentary election in Israel indicate that current Prime Minister Benjamin Netanyahu is set to win another term. Exit polls showed that his party, Likud-Beitenu, got 31 out of the 120 Knesset seats.

A mother, along with her four children who have been trapped overnight on a rooftop, have been rescued by a helicopter, as flash floods continue to strike northern Queensland as an aftermath of Cyclone Oswald.

Prime Minister Julia Gillard personally picked Olympic gold medal winner Nova Peris as Labor’s top Senate candidate for the Northern Territory, effectively sidestepping the ruling party’s internal section process.

Whether the crew onboard the USS Guardian deliberately ignored the "no navigation" warnings surrounding the area of the Philippines' Tubbataha Reef or it relied on wrong map navigational data, what's certain is that the U.S. government still ought to pay for the damages its Navy minesweeper caused on the World Heritage-listed coral reef.

A video quickly went viral that shows US First Lady Michelle Obama rolling her eyes at something that House Speaker John Boehner said to President Barack Obama during the inaugural luncheon on Monday. The audio could not be clearly heard to determine whether Michelle Obama’s eye roll was only a reaction to John Boehner’s joke.

After agreeing in principle in October 2012 to finally sell uranium to India, officials from Australia are expected to further intensify the nuclear partnership between the two countries in talks scheduled this coming March.

Like his first term inauguration rite in 2009, the Monday public oath of office swearing ceremony by U.S. President Barack Obama attracted hundreds of thousands of Americans. The timing and location of the second-term inaugural rite was not lost on meme makers.

U.S. markets were closed Monday for Martin Luther King Jr. day. European stocks nudged higher after Germany's central bank delivered an upbeat assessment of the country's economic outlook, but moves were muted with Wall Street closed for a public holiday.

Bell FX Currency Outlook: The Australian Dollar has traded in a very narrow range overnight as US markets were closed for the Martin Luther King Jr. holiday.

In a race to control and manage its worst yet smog pollution for the year 2013, China's lawmakers have targeted to slash the number of vehicles and close down factories during polluted days, as well as bar outdoor barbecue rituals. Residents, however, remain indifferent to the measures.

Followers of Pope Benedict XVI's Twitter account may well ought to take a crash course or two in the Latin language as the head of the Catholic faith has chosen to send Twitter messages in the old tongue of ancient Rome.

Nick Xenophon, independent Senator for South Australia, is bent to make online predators not only stopped in their tracks in luring young women into their traps, but also to be meted the full penalty of the law.

A total of five persons were injured in the 2013 Gun Shows held in the United States. Officials confirmed that the weapons accidentally went off last Saturday which caused the injury of three persons in North Carolina, one in Indiana and another one in Ohio.

A broad rise in U.S. stocks revved up in afternoon trading Thursday, following talk of additional central-bank stimulus from Japan and a pair of encouraging U.S. economic reports. The Dow Jones Industrial Average rose 94 points, or 0.7%, to 13605. The Standard & Poor's 500-stock index added nine points, or 0.6%, to 1482.

Bell FX Currency Outlook: The Australian Dollar has weakened slightly in Friday's night trade and opens up this morning around the 1.0500 level.

Reports said that single Australian mothers are turning to the flesh trade to pay their bills due to the recent cut in welfare payments by the Gillard government.

With only a mere handheld metal detector to use, an amateur Australian prospector has unearthed in Ballarat a huge gold nugget, believed to be weighing 5.5kg or 177 ounces, the value of which could reach a whopping A$300,000 ($315,000).

As fires continued to burn to the north and south of the capital of Australia on Friday, those who lived through the horrors of the 2003 firestorm which killed four and destroyed 500 homes as well as injured hundreds of people in Canberra paused to remember the fear and lessons of survival and love that poured in 10 years ago.

If you needed another reason to avoid visiting a doctor, Obama just gave you a new one: as part of Obama's 23 executive orders announced today, doctors will be transformed into gun control snitches who are ordered by Obama to ask patients about guns they might have at home.

Bell FX Currency Outlook: The resilient Australian Dollar has opened the day's trade in the mid-1.0500's once again after poorer jobs data yesterday in Australia pushed the AUD below 1.0500 overnight. A higher Chinese GDP set to be out today is deemed to push the AUD higher.

Angered by President Obama's actions when he signed into law a decree that punishes Russian human rights violators, Russian President Vladimir Putin retaliated by signing a bill that bars Americans from adopting Russian children. The tirade has left caught in the middle some more than 50 Russian children who were about to go on adoption by American families.

A new research conducted by accounting firm PricewaterhouseCoopers (PwC) has forecast that the flame of economic high that Australia is currently enjoying will fizzle and burn out by 2050.

A video blooper caused a slight embarrassment to the federal government which launched a new cyber-safety campaign on Wednesday. The video mistakenly named former magazine queen Ita Buttrose as the 2013 Australian of the Year.

A drop at Boeing weighed on the Dow Jones Industrial Average, while strength in Apple and the technology sector lifted the other major U.S. indexes into positive territory. The Standard & Poor's 500-stock index gained one point, or 0.1%, to 1473, while the Nasdaq Composite added 10 points, or 0.3%, to 3120. The Dow Jones Industrial Average declined 25 points, or 0.2%, to 13510 in Wednesday afternoon trading, following five days of gains that pushed the index to within 1% of its highs from la...

Bell FX Currency Outlook: Australian Dollar edges higher ahead of domestic jobs data today.

Japanese researchers from Nippon Light Metal Co. Ltd. had discovered high concentrations of rare earth elements in the red mud of Jamaica, the latter's Minister of Science, Technology, Energy & Mining announced on Wednesday.

After 40 years, commuters may well experience traffic congestion easing up in Melbourne with the scheduled opening of the Peninsula Link on Friday.

Stocks of gas face masks as well as air purifiers have sold like hotcakes in China early this week as the Asian country fights and cleans off its worst yet smog pollution which hit large parts of Central and East China over the weekend. Such a price the country has to pay in exchange for global economic supremacy.

Unidentified Flying Objects (UFOs) were making numerous appearances close to NASA’s International Space Stations (ISS). The footages have been posted on YouTube to show the public images of different shapes and sizes of UFOs captured from the NASA cameras.