POLITICS & POLICY

Australian Dollar Outlook - 30 May 2013

Bell FX Currency Outlook: The Australian Dollar remains steady above USD 0.9600 this morning after a very volatile day yesterday and then an offshore session in which financial markets showed genuine skittishness as only they can at times.

Gillard Defends Funding for Defense following China Hack

Prime Minister Gillard came to the government’s defense following the discovery of funding records for Australia’s intelligence agencies. Four Corners previously reported that the cyber attack launched by Chinese hackers also targeted ASIO.
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Cardinal Pell Answers to Child Abuse Inquiry, Admits There Was Cover Up

Top ranking Catholic official Cardinal George Pell faced the Victorian Parliament yesterday afternoon to answer sexual child abuse queries. The cardinal admitted to the committee that the Church indeed tried covering up the scandal and that members of the clergy were involved.

Google’s Chairman Talks Tough on UK’s Tax Laws

The Google Inc.'s executive top brass has finally commented on the recent spate of calls that the company has had from UK's tax officials. The edgy-criticism came from Google Inc.'s executive chairman Eric Schmidt who is commonly recognized for his snappy 'don't be evil' phrases.

Australian Dollar Outlook - 28 May 2013

Bell FX Currency Outlook: The Australian Dollar has opened almost unchanged this morning after a quiet offshore session overnight.

China Cyber Theft: Australia Accuses China of Stealing ASIO's Confidential Blueprints

The Australian Security Intelligence Organisation (ASIO) has accused China of stealing the blueprints of the agency's new headquarters in Canberra. The blueprints, which contain highly confidential and sensitive information on the new ASIO base, were reportedly stolen from a contractor involved with the project.

Terrorism Scare Highly Possible With 3D Printing

While the world is fascinated with the merits of 3D printing which gave way to the concept of the 3D printed gun and the 3D printed bullet, global crime and violence experts are in a frenzy how to spot the potential terrorism menace that could go with it.

Australian Dollar Outlook - 27 May 2013

Bell FX Currency Outlook: The Australian Dollar has opened slightly weaker this morning after a reasonably uneventful offshore session on Friday night.

Australia Releases List of Bomb Ingredients Using Home Cleaning Agents

The terrorist scare has gone up the scale for the last several years. From the Boston Marathon bombing to Woolwich killing and other suicide bomb incidents, terrorism is a primary concern for many governments. In its bid to curtail and prevent terrorism and related attacks, the Australian Government publication released a new list of readily available ingredients and chemicals that can be used for improvised explosives.

As Ford Moves Out, Holden and Toyota Remain Committed to Australia

In the midst of Ford's decision to ship out of Australia, Holden and Toyota express their intent to stay put in Australia, at least for now. Toyota is even pointing to its $330 million new engine production facility that is meant to cater locally and the whole of Asia.

PM David Cameron Condemns Woolwich Killing

Armed with meat cleaver and knives, two young mean hacked a young soldier in Woolwich to death. The video of a young man waving a blooded knife and cleaver caused uproar in what Prime Minister David Cameron slammed as a possible terrorist attack.

UK Woolwich Attack: A Terror and Bravery Face-off

Right smack under the broad afternoon Wednesday daylight, as two crazed men wielded terror and attacked and decapitated a UK soldier in Woolwich, David Cameron's country proved yet its bravery when a 48-year old mother walked right into the crime scene and talked with the emotionally charged madmen. Right then and there, it was a face-off between terror and bravery at its finest hour.

Global Markets Overview - 23 May 2013

Stocks ended Wednesday broadly lower after a rollercoaster day of trading, as investors sorted through mixed signals from the Federal Reserve on the outlook for monetary policy.

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