Result Page 228 for Latest Politics & Policy News & Archive

Social Networks are Terrorists’ Recruiting Venues -- Study

Terrorist groups lurk on social networks like Facebook and YouTube to entice people to join their movement, according to a new study.

Rena Meets Another Storm; NZ Authorities Fear Damage

Weather reports over Bay of Plenty, where MV Rena is wedged in on a reef, said the area will experience increasing winds on Thursday at speeds of 30 knots, bringing swells up to 4m high. Marine authorities fear of damages that the ill weather could inflict on ill fated vessel MV Rena.

Japan to Spend $8 Billion to Upgrade Warplanes

Japan is set to spend some $8 billion that will upgrade its air capability, possibly opting for a fleet of radar-evading F-35 combat jets manufactured by American firm Lockheed Martin, reports said.

HSBC's PMI: China’s December Manufacturing Data Down, Again

As exports and home sales continue to slide, no thanks to the continuing European debt crisis and stringent real estate policies at the home front, China's manufacturing has been forecast to contract for a second month in December.A preliminary reading of HSBC Holdings PLC's China purchasing managers' index (PMI) released Thursday (2:30GMT) showed the activities in the country's mainland's factories continue to dip in December, 49.0.

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Australian Stock Market Report - Midday 12/15/2011

The Australian sharemarket is doing it tough at lunch with the All Ordinaries index (XAO) down 1.3 pct or 55.1 pts to 4194.7. Today's weakness has effectively wiped out almost all of this month's gains.

Westpac Hints It Would No Longer Follow RBA Rate Cut

Australian banks are citing the high cost of money caused by the ongoing eurozone debt crisis as they reason why they would not likely follow the Reserve Bank of Australia (RBA) the next time the central bank cuts the overnight cash rate.

Labor Party Rift Threatens PM Gillard's Hold on Top Post

Talks of brewing restiveness within members of the Australian Labor Party have sprouted in the immediate aftermath of the cabinet reshuffle implemented earlier this week by Prime Minister Julia Gillard, reports said.

Australian Dollar Outlook - 12/15/2011

Bell FX Currency Outlook: The AUD has fallen again overnight as concerns over the Euro Zone debt crisis continue to drive the markets.

Australia Stocks - Morning - 12/15/2011

A sluggish start is seen for the Australian stock market as a reflection of negative overnight leads from the U.S. and European stock markets. In spite the good import numbers reported for the first time in the U.S., stocks still skidded due to the pessimism pervading the commodities markets. In yesterday's trading the top

Global Markets Overview - 12/15/2011

From Morrison Securities Pty. Ltd. U.S. stocks sank for a third straight day as falling commodity prices added to investor anxiety over the euro and a jump in Italy's borrowing costs.

PNG Crisis: O’Neill, Somare Both Claiming to be Legitimate PM

Papua New Guinea was engulfed in a political turmoil on Monday when its Supreme Court ordered the reinstatement of Sir Michael Somare as the prime minister, a post that parliament bestowed earlier to Peter O'Neill. But O'Neill refuses to turn over his post, so the country technically has two leaders.

U.S. Anti-Piracy Drone Crashes in Seychelles Airport

A U.S. Air Force drone monitoring pirates off the East African coast crashed in the airport of Seychelles on Tuesday.

China Lays Down Rules on Nuclear Power Plant Safety to Resume Soon

The Ministry of Environmental Protection of China has finally come up with a set of draft safety rules to ensure not only the efficiency but also safety of the country's nuclear plants once it goes online again.

Australian Stock Market Report - Afternoon 12/14/2011

The Australian sharemarket certainly could not put 'consistency' down on its resume as one of its strong points. Over the past 20 business days, local shares have improved exactly half of the time and have gained by an uninspiring 2.5 pct over the past three months.

China Condemns Canada's Withdrawal from Kyoto Climate Pact

China denounced Canada's decision this week to withdraw from the 1997 Kyoto Protocol, accusing it of reneging on its commitment to help reduce global carbon emissions.

Japan’s Toyota Tsusho is Supplier of World’s First Coal-Methane-based LNG Project in Australia

Toyota Tsusho Corp., trading company of Japan's biggest automaker, Toyota group, announced recently it has entered an arrangement to supply coal-bed methane to BG Group Plc.'s liquefied natural gas (LNG) project.

Queensland Allocates Land for New Coal Port with Export Capacity of 180 Million Tonnes

The Queensland government awarded on Wednesday to Adani Mining and Dudgeon Point Project Management (DPPM) land for a new coal port south of MacKay. The planned port would have an export capacity of 180 million tonnes.

China’s Demand for Natural Gas to Soar with Environment Concern

China will definitely raise the bar for natural gas importation as it gets more aware of the impacts of its fuel emission contributions to the environment over the last decade.

Australian Stock Market Report - Midday 12/14/2011

The Australian sharemarket is losing ground for the second straight day with the All Ordinaries index (XAO) down 0.3 pct or 14.8 pts to 4236.9. The market's two largest sectors, the miners and the financials are both weaker. The financial sector, which includes the big four banks, makes up more than 30 pct of the Australian market while the miners account for around 25 pct of its size.

Canada Out of Kyoto Protocol, Cites Failure of Climate Change Treaty

Canada is withdrawing from the Kyoto Protocol, according to its Environment Minister Peter Kent.

Victoria Offers $25,000 Aid for Search of Kid’s Remains Under Mine Hole

A Rutherglen man's effort to find the remains of his brother under a disused mine near Avoca got a boost from the Victoria government, which offered to reimburse up to $25,000 in cost to the digging.

Iran Rejects U.S. Request for Return of Spy Drone, Indicts U.S. Agents of Espionage

Iran has shot down 'official request' from the United States that its spy drone that went astray in Iranian territory, underscoring that the Americans violated the Islamic Republic's airspace while attempting to gather intelligence.

Prices of Natural Gas Will Have Own Separate Mechanism Away From Oil Link: BP

As the world continues to rely more on liquefied natural gas (LNG), prices will slowly be given a separate mechanism and move away from being linked to crude oil over the next decades.

Kenya Chooses Chinese Firm to Mine Portions of Coal from Mui Basin

China's Fenxi Mining Group has been chosen by Kenya to develop coalmines that cover at least two blocks from the Mui basin in the country's eastern province.

BHP Billiton Sells 8% of South African Coal to Black investors

Global miner BHP Billiton on Tuesday announced it had approved to sell a portion of stakes of 8 per cent in its South African coal arm to a consortium of black investors led by investment firm Pembani Group (Pty) Ltd. to help meet regulation requirements of black ownership targets.

Despite Global Growth Risks, Australia’s Resource, Energy Exports to Hit $206 Billion

Despite the growing risks to global growth caused by the European debt crisis, Australia's resource and energy exports are expected to hit $206 billion for 2011-12. It is a 15 percent rise from the past 12 months, said the Bureau of Resources and Energy Economics (BREE).

Coalition Still Rejects Same-Sex Marriage

Opposition Leader Tony Abbott said shadow cabinet had resolved on Monday to maintain the Coalition's current position on the same-sex marriage push, ahead of a likely Labor conscience vote on the issue.

Australian Stock Market Report - Afternoon 12/13/2011

The Australian sharemarket could not stage a comeback this afternoon with all eyes remaining on Europe for any potential leads. The All Ordinaries index (XAO) fell 1.4 pct or 59.7 pts to 4251.7. This the third time in five days that the local sharemarket has lost ground.

China Mulls Slashing Taxes Next Year to Boost Growth

One possible scenario that China is looking into is slashing taxes in 2012 to help boost economic growth in the face of an export slowdown.

Australia Considers Work Opportunities for 55 and Up

A special panel established by the Government to look into the ageing population in relation to the economy has reported that the seniors present opportunities that the government has yet to tap.

Jobless Man Throws Shoes at Iranian President

A jobless man angry for not receiving unemployment benefits threw his shoes at Iranian President Mahmoud Ahmadinejad while he was speaking at a ceremony in the city of Sari, Mazandaran Province on Monday. The shoes missed the president, who dodged it, and hit the banner behind him instead.

Total Buys Additional 2% Into Russian OAO Novatek

France's Total SA has recently upped its equity holdings in Russian OAO Novatek, buying an additional 2 per cent into the company for $800 million. Total SA's overall stake control in Russia's fastest-growing gas producer is now at 14.1 per cent.

Letter Bomb Sent to Greek Embassy in Paris Defused

Bomb disposal experts defused a letter bomb received by the Greek embassy in Paris, France on Monday.

Australian Stock Market Report - Midday 12/13/2011

The Australian sharemarket is unfortunately wiping out all of yesterday's gains with the All Ordinaries index (XAO) down 1.4 pct or 60.1 pts to 4251.3. Monday's improvement was like a ray of sunshine squeezing its way through an otherwise very cloudy sky.

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