POLITICS & POLICY

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.

Australian Dollar Outlook - 23 May 2013

Bell FX Currency Outlook: The Australian Dollar dropped to a one-year low following some positive comments on the US economy by the head of the Federal Reserve.
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Australia State Liberals Push for ABC, SBS Privatization

The State Liberals want ABC and SBS privatized and Tony Abbott is at the receiving end. State Liberals want Abbott to privatize the two companies should he win on September 14. The interest on ABC and SBS remains high despite issues of noncompliance with their charters.

Oklahoma Tornado Aftermath: Residents Reclaim Lives as 24 Confirmed Dead, More Than 230 Injured, US$3B Damages

As search-and-rescue officials finally closed the lid on Tuesday night for potential survivors or bodies, residents of Moore, Oklahoma, now focus on reclaiming their lives before the disruptive tornado hit their hometown on Monday afternoon. The official death tally was recorded at 24, with more than 230 injured. Damage to property was placed at an estimated US$3 billion.

Australian Dollar Outlook - 22 May 2013

Bell FX Currency Outlook: The Australian Dollar is unchanged from yesterday's levels, trading at USD 0.9800, as currency markets debate the likelihood and even timing of the US Federal Reserve's winding down of its economic stimulus program.

Kevin Rudd Supports Gay Marriage

Former Prime Minister Kevin Rudd had a change of heart. Previously in opposition of same-sex marriage, Rudd announced his support for gay marriage explaining his decision was part of his personal journey. He also denied claims that he was only gunning for political points upon his announcement.

Who is Australia Supporting for Prime Minister?

There is no runaway winner for this year’s federal election as poll show the country is split on Prime Minister Support. While many Australians show strong support for the federal coalition, recent polls reveal that they are still divided on who should lead the country all together.

Australia On Radar Target of Drug Traffickers

Australia is on the radar target of drug traffickers, based on data released on Monday which showed a whopping 154 per cent growth on the amount of illegal drugs confiscated in 2011-2012 versus a year ago.

Saudi Women Empowerment Expands to Philippine Maids

The growing women empowerment in Saudi Arabia has expanded to include the plight of foreign nationals, specifically Filipina maids. On Monday, the Middle Eastern nation signed a bilateral agreement with the Philippine government, vowing to protect the rights of its women who work as maids in the oil-rich nation.

Australian Dollar Outlook - 21 May 2013

Bell FX Currency Outlook: The Australian Dollar has recovered back above USD0.9800 overnight as markets took a breather from recent rallies.

Two Iran Men Accused of Being Agent Spies for CIA, Mossad Hanged

At the crack of dawn on Sunday morning, Iran hanged two Iranian men for allegedly being agent spies of the U.S. CIA and the Israeli's Mossad, passing on classified and vital information to the latter agencies in exchange for money.

Global Markets Overview - 20 May 2013

Stocks capped off another strong week with a broad rally, as a bigger-than-expected rise in consumer sentiment bolstered the view of an economy that is faring better than some had feared.

Australian Dollar Outlook - 20 May 2013

Bell FX Currency Outlook The Australian Dollar's recent fall has stabilised with the local currency opening trade this morning in the mid 0.9700's.

Australian Dollar Outlook - 17 May 2013

Bell FX Currency Outlook The Australian Dollar has fallen to a fresh 11-month low amid continuing optimism about the US economy and negativity about the Australian economy, before rebounding slightly

Senator-Elect Nancy Binay: I Am So Proud of My Colour

Rather than lose her cool over how many Filipinos made fun of her dark skin, Senator-elect Nancy Binay thanked people who engaged in black humour as she cemented her hold on the no 5 position.

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