POLITICS & POLICY

10 Years After the 2003 Canberra Fires

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.
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Global Markets Overview - 17 January 2013

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...

Japan Discovers Rare Earths in Jamaica

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.

China Fights Worst Smog Pollution

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.

Global Markets Overview - 16 January 2013

U.S. stocks edged lower as investors balanced upbeat retail sales data against a sluggish measure of New York-area manufacturing, and as Apple weighed on the technology sector

Latest Newspoll Survey: Labor Trims Down Coalition Lead

Labor’s opening salvo for election year 2013 appears to have exceeded the ruling party’s expectations as the latest News Ltd-Newspoll survey showed the government to a record high 38 per cent of primary vote, boosting its support by an impressive 6-point jump.

Australian Dollar Outlook - 15 January 2013

Bell FX Currency Outlook: Australian dollar edges higher ahead of US Fed Chairman speech. The Australian dollar has opened marginally higher against the Greenback after trading in a tight range in what was a relatively quiet overnight session

US Allots $120M for Creation of Rare Earths Research Facility

The U.S. government, through its Department of Energy, will allot some $120 million to fund the creation of a rare earths research facility that will aid the economic leader lessen if not totally cut off its dependence from China, the world's stronghold of the essential 17 precious elements.

Julia Gillard: Labor Prepped Up for a 2013 Re-election

The Coalition mocks her 935 days of being the nation’s chief leader, marked on Sunday, but Prime Minister Julia Gillard appears all geared up in further extending her grip on the job she inherited from former Labor leader Kevin Rudd.

Aussie Gun Owners Rise; 3.2 M Guns Privately Held

Despite tough national controls and a guns buyback program instituted by then Prime Minister John Howard, the number of Australians owning guns have risen and are already actually parallel to the number in circulation prior to the 1996 Port Arthur shooting massacre.

Grumpy Cat Meme: Grouchy on Manic Monday? Angry Feline Says, 'You're not alone' [PHOTOS]

Feeling grouchy on a Monday? Grumpy Cat is with you. A lot of cats on Reddit, Instagram and Facebook look adorable, cute and friendly. Grumpy Cat hates them all. But then this perennially cranky cat hates everything. Grumpy Cat has been on different social networks, whining about life, special occasions and commentaries on trending topics of the day.

Global Markets Overview - 14 January 2013

Blue-chip stocks edged higher Friday, capping a week of modest gains, though Wells Fargo & Co.'s earnings weighed on bank shares. The Dow Jones Industrial Average added 17.21 points, or 0.1%, to 13488.43 Friday.

Ellen DeGeneres Brings Show to Australia

Ellen DeGeneres is Australia bound! The Hollywood talk show chatterbox, Ellen, who has a fan base even in the Asia-Pacific, is bringing her light and easy banter Down Under like contemporary Oprah last year.

Australia Braces for First Tropical Storm Narelle

While other state parts are being ravaged by simultaneous bushfires, residents off the northern coast of Western Australia prepares for tropical cyclone Narelle, the country's first for the Dec-April tropical storm season.

4 Parodies, 10 Memes to Explain the U.S. Fiscal Cliff

Toward the end of 2012, while the rest of the world was talking about the Mayan prophecy that speculated an apocalypse on Dec 21, 2012, the United States was dealing with a major financial and political problem that led to the popularity of the words fiscal cliff.

Global Markets Overview - 11 January 2013

Financial shares led broad gains in major benchmarks, as market-watchers found reasons for bullishness in economic data. The Dow Jones Industrial Average rose 42 points, or 0.3%, to 13433. Bank of America paced the blue chips, rising 2.5%.

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