POLITICS & POLICY

Australian Dollar Outlook - 07 August 2013

Bell FX Currency Outlook: The RBA delivered probably one of the most widely foreshadowed interest rate cuts yesterday afternoon as the cash rate fell to 2.50% but removed their easing bias which saw the AUD appreciate after the announcement.

Australian Election Commission Twitter Account Hacked

Early Tuesday morning the twitter account of the Australian election commission was hacked and users started to get messages from the hacked account. The hacker launched a phishing attack from the hacked account aimed at getting the login details of the users
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Australian Dollar Outlook - 06 August 2013

Bell FX Currency Outlook: The Australian Dollar has opened slightly higher this morning after a relatively quiet session offshore overnight.

Twitter Gears Up to Protect Women from Online Abuse

After coming under heavy attack by the media, Twitter finally decided to take steps to check online abuse especially towards women. The Twitter Web site will now have a “report abuse” button, which is currently available in the Twitter app in iPhones, allowing users to stem the tide of the growing “trolls” online, reported Reuters.

Trending, Viral Memes as Criminal Offence? PH Senator Nancy Binay Draws Flak Over Bill [MEMES]

Trending, viral memes circulating social media channels could soon send netizens to jail. Philippine senator Nancy Binay has proposed the Electronic Violence Against Women (E-VAW) Law of 2013, a bill against "electronic violence." On Facebook, social media users referred to the bill as anti-meme, a retribution to those who had mocked the senator through memes during the campaign.

Kevin Rudd Challenges Tony Abbott to a Weekly Debate, Appeals to Australians to Trust in Him

After visiting with Governor-General Quentin Bryce to discuss the election date in August 4, Prime Minister Kevin Rudd presented an outline of his plans for the future of Australia. The leader of the Australian Labor Party said the upcoming election on September 7 will be all about trust. The decision as to who will lead the country amid new and difficult economic challenges, lies on the people's hands.

Australian Dollar Outlook - 05 August 2013

Bell FX Currency Outlook The Australian Dollar has continued to fall trading at a new three-year low on Friday night as the US non-farm payroll data for July fell short of expectations and a few analysts doubted whether US Fed stimulus would be reduced in September.

Cyber Espionage: Everyone is Doing It, says Malcolm Turnbull

Cyber espionage has become a hot subject for debate these days. All the countries deny spying yet at the same time accuse others of doing it. One man wants to put an end to this hypocrisy and wants honest international discussion on cyber espionage. According to itnews.com.au, the shadow communications spokesman Malcolm Turnbull made these comments at a community forum on electronic privacy in Paddington last night.

Russia Grants Asylum to Snowden, former NSA agent Holed up in Moscow Airport

After being holed up at a Moscow airport, Edward Snowden has received asylum papers from Russia. The former National Security Agency contractor thanked Russia for the asylum and criticized the U.S. for having no scruples in breaking international law concerning intelligence information.

Global Govts Alleged Spying on Users’ Data Jumped in 2013 – Twitter

Governments around the world are getting more and more panicky over perceived anti-government posts over at Twitter. And this panic, in return, has pressured the microblogging company to unfortunately release its users' very private informations.

Canada’s Fed Govt, Ontario, Seek to Divest Shares in General Motors

The federal government of Canada and state government of Ontario have been reported to have started the necessary steps to divest their remaining collective 10 per cent stake in General Motors Co. Both governments have started to approach investment banks that could help in their offloading plans.

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.

Tension in Australian Labor Party: Kevin Rudd Appoints Sons and Hires Ex-Obama Staff to Boost Campaign

The Labor election campaign is getting a big boost following the appointment of Kevin Rudd's sons to the campaign team and the hiring of three ex-Obama staff. Australian Prime Minister Kevin Rudd has given both of his sons key election roles in a move that has raised eyebrows within the Australian Labor Party’s campaign team. After news of Mr. Rudd's intention of flying the U.S. President Barack Obama's campaign team to Australia broke out, the Coalition has immediately criticised the...

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