POLITICS & POLICY

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.
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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.

China Eyes Australian Wineries

Hong Kong-listed China Foods Ltd, consumer food arm of Cofco, China's largest state-owned food conglomerate, is eyeing to purchase wineries located in Australia and the United States, in an acquisition that could be worth at least $20 million.

Australia, Canada Forces Seize 500kg Heroin

Combined naval forces from Australia and Canada have seized some 500kg of heroin valued at $100 million from a boat in what could be one of global maritime history's biggest multi-national naval operation. The bust operation happened somewhere in the Indian Ocean.

Australian Dollar Outlook - 2 April 2013

Bell FX, IG Markets Currency Outlook: The Australian Dollar has returned from the Easter break slightly better ahead of the Reserve Bank of Australia announcement later today.

North Korea Declares “State of War” with South Korea, Threatens to Dissolve U.S.

North Korea has declared “state of war” with South Korea, emphasising that the “long-standing situation of the Korean peninsula as finally over.” The declaration was made through Pyongyang’s Korea Central News Agency (KCNA). It also made some threats to dissolve the United States in a government statement read on Saturday, March 30.

Australian Dollar Outlook - 28 March 2013

Bell FX, FXstreet, IG Markets Currency Outlook: The Australian Dollar remains firm and trading USD 1.0500 heading into the start of the local trading day, but some bearish movement is seen going towards the Easter holiday.

Australian Dollar Outlook - 27 March 2013

IG Markets, Bell FX Currency Outlook: The Australian Dollar has maintained its overnight gains trading within the range of USD1.0489 to 1.0500 USD at the start of the trading day.

Inflation: When You’re In the Government’s Sights

What stopped the global financial crisis of 2008 from getting completely out of hand? Governments did. They bailed out, merged, financed, guaranteed, and handed out 'Get Out of Jail Free' cards for anyone who found themselves in trouble. Without government intervention, the financial system would've failed.

Situation Under Control as Cyprus Secures Bailout

After suspense was increasing to almost unimaginable levels, at last Cyprus secured a bailout, thus avoiding bankruptcy. It seems that negotiations were indeed dramatic, but the wraith of another crisis in Europe was headed off at least for the nearest future.

Low Income Earners, Pensioners in NSW to Receive Energy Rebates

Residents in retirement villages, for the very first time, as well as low income earners in the state of NSW are poised to receive energy rebates to assist them manage their respective escalating power bills, the state government announced on Tuesday.

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