POLITICS & POLICY

Happy 27th Birthday Prince Harry: His Best Moments in Photos

The younger Prince of Wales has celebrated his 27th birthday yesterday and all through those years have made his own mark as the charming second son, but expectations are still high for him and his brother, William. Will he help bring back the lost glory of the British Monarchy?

China’s FDI Soars 11% to $8.4 billion in August

Foreign direct investments in China rose by 11 percent to $8.4 billion in August, the government said in a report, proving that foreign companies want to partake of the growing consumer market in the country.
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Church Official Named in Sex Scandal Quits Government Post

Opting to divert some of the spotlight trained on him over the sex scandal exposed earlier this week at the Australian Parliament, Adelaide vicar-general, Monsignor David Cappo, quit his post as head of the Mental Health Commission.

U.S.-Poland Ballistic Missile Defense Pact Takes Effect

Poland and the U.S. have jointly announced that their ballistic missile defense agreement entered into force Thursday. The pact will see the deployment of land-based anti-missile batteries in the European country by 2018.

Sarkozy, Merkel Favor Keeping Greece in Eurozone

Although the Greek debt crisis led Moody's Investors Service to downgrade two major French banks Wednesday, French President Nicolas Sarkozy and German Chancellor Angela Merkel have reaffirmed that Greece should stay in the 17-nation euro zone.

New Passport Rule Allows ‘X’ Gender

Good news for Australians whose gender do not fall on the conventional male and female category, new passport guidelines approved by the federal government will now allow them to simply use the letter ‘X’.

Australia, U.S. revisit ANZ-US Military Pact

Closer military cooperation will mark the new Australia New Zealand United States (ANZUS) military pact between the Aussies and the Americans and possibly a state visit from U.S. President Barack Obama later this year, according to officials of both nations.

Gulf Property Developers Shift From Audacious to Economical Projects

In the Gulf, developers are learning from what did not work and moving on to what is feasible for all. Property developers in the Gulf are trying something new in the market -- focusing on actual housing demands with great consideration to economic reaches of the potential occupants.

ACT Reviews Child Protection Law

The Australian Capital Territory (ACT) government will review its child protection law after the territory's government was alerted of a possible breach of the Children and Young People Act.

Australian Dollar Outlook - 09/15/2011

The AUD has strengthened overnight after a downward revision in our local CPI data saw the AUD fall to below USD1.0200 during our trading session yesterday.

Abbott: Australia is Better Off Without a Carbon Tax

Australia will have no use of the carbon pricing scheme that Prime Minister Julia Gillard had introduced to the Parliament on Tuesday, according to Opposition Leader Tony Abbott, who claimed that the proposal would even increase local carbon emissions.

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