POLITICS & POLICY

Australian Dollar Outlook - 02 August 2013

Bell FX Currency Outlook The Australian Dollar has fallen to a fresh three-year low as strong US economic data raised the possibility the Federal Reserve will start winding down its economic stimulus program soon.
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Philippines Mulling Mandatory Earthquake Insurance Law

The Philippine legislature is set to propose a bill that would require residential owners and SMEs (small and medium enterprises) to insure their homes and structures against earthquakes.

Australian Dollar Outlook - 01 August 2013

Bell FX Currency Outlook The Australian Dollar has fallen below USD 0.9000 after good US economic data and a Federal Reserve announcement pulled the currency in opposite directions.

Gay Asylum Seekers Also Bound for Rape Island (VIDEOS)

Like pregnant asylum seekers in Australia who will still be sent to Manus Island in Papua New Guinea for processing despite the risk of exposure to malaria, gay asylum seekers would similarly not be spared from being resettled in the place now notoriously referred to as Rape Island.

Corruption Inquiry: Former Australian Labor Party Ministers Face Criminal Charges Over Coal-Mining Deal

The Independent Commission Against Corruption have recommended criminal charges against two former high-profile ministers of the Australian Labor Party. In an explosive inquiry in Sydney going on for months now, the commission has found that Eddie Obeid, a former powerful minister in the New South Wales state and Ian Macdonald, former state resources minister, were guilty of corruption on a coal-mining deal.

Australian Dollar Outlook - 31 July 2013

Bell FX Currency Outlook: The Australian Dollar tumbled more a one cent yesterday after remarks by RBA Governor Stevens on the inflation outlook for Australia and the scope for further reductions in the cash rate.

Clintons Detest Comparison with Anthony Weiner-Huma Abedin (VIDEOS & PHOTOS)

Even though Bill and Hillary Clinton had a very public sex scandal when the U.S. president then had a headline-hugging affair with White House intern Monica Lewinsky, the former first couple rejects any comparison with Ms Clinton's former aide Huma Abedin and her husband, disgraced New York mayoral candidate Anthony Weiner.

Australian Dollar Outlook - 30 July 2013

Bell FX Currency Outlook: The Australian Dollar is trading lower this morning as the market plays it safe ahead of the US Federal Reserve meeting later this week.

Snowden Will not Get Death Penalty if He Returns Home

Attorney General Eric H. Holder Jr. sent a letter to Russia, affirming that Edward Snowden would not be given a death sentence if he tries to enter the U.S. Mr. Holder Jr. also said that a passport would be issued right away so that he could fly back to the U.S. Russian President Vladimir V. Putin had said that the U.S. had gotten itself into an awkward shape, where Mr. Snowden had become immobile.

Police Investigates Alleged Racist Abuse Against Pakistan-Born Taxi Driver (VIDEO)

Just like any other family man, Invercargill taxi driver Tariq Humayun was just there to work for a day's honest living. But he never expected that the guy he would pick up from the central city would quell him so bad he's now almost close to the brink of thinking that Kiwis probably all are racists.

Cecile Kyenge Racism Attack: Bananas Thrown At Italy’s First Black Minister

Italy’s first black minister Cecile Kyenge has been subjected to another racial attack on Friday when an unknown assailant threw bananas at her during a rally in Cervia. The incident is the latest of the several harassments the Minister of Integration has endured since she was appointed in April.

Coalition Versus Australian Labor Party: Whose Budget Plans Can Australia Trust?

The Federal Opposition has doubted the economic update to be released by the government's Treasury and Finance Departments after the election has been called. Shadow Treasurer Joe Hockey said the Australian Labor government is planning to release pre-emptive budget of its own to influence that statement.

Two Chinese Government Officials Stabbed to Death Over One-Child Policy

Two Chinese government officials tasked to enforce the country's one-child policy had been stabbed to death by a disgusted father after he was told he can no longer register his fourth and youngest child until he pays the fines for breaking the law.

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