The Economy: RBA Governor Sets Market Right On Spending
Reserve Bank Governor Glenn Stevens has once again demolished a storyline from the investment markets that had developed about retailing and consumer spending.
A Shattering Blow to Animal Testing
You may want to start preparing some celebratory (non-animal tested) tea and (vegan) biscuits. The United Kingdom has taken a significant step toward ending tests of household products on animals.
Children Forced to Crush Animals to Death
After a year-long investigation by PETA Asia-Pacific and the National Bureau of Investigations, police have now charged a Philippine couple with cruelty to animals and other crimes related to producing a series of pornographic videos in which young girls torture and kill animals. Faced with the charges, suspects Dorma and Vic Ridon have fled. Warrants have been issued for them.
Realcommercial.com.au Faces Tough Competition
Realcommercial.com.au has long been the dominant commercial real estate portal in Australia. However, this position is under threat, as they face increased competition from new entrants, the ending of guaranteed revenue agreements and improvements to competing portals.
Australian Stock Market Report 7/25/2011
US new home sales fell by 1pct to a 312,000 annual rate in June. Economists had tipped a result near 320,000. US consumer confidence surprisingly rose from 57.6 to 59.5 in July, ahead of forecasts centred on a result near 56.0.
World Market Overview 7/27/2011
US stocks fell Tuesday as the deadline for raising the government's debt ceiling stood just one week away, with no signs of a resolution to the bitter standoff in Washington.
Study pushes dangerous drug as urinary infection cure, but cranberries work better
A just published study emphasizes that the super strong Big Pharma antibiotic combo trimethoprim-sulfamethoxazole (dubbed TMP-SMX, for short, and marketed as Bactrim, Bethaprim, Cotrim and Septra) appears to be more effective for repeated urinary tract infections (UTIs) than the time proven natural remedy of cranberries.
America conned: Psycho pharma drug pushing empire under fire
Is America truly stricken with widespread mental illness? Do tens of millions need mind-altering drugs? A recent flurry of media articles lead readers to a realization that Big Pharma and the "mental health" industry have deceived Americans on a grand scale.
Spontaneous social media revolution erupts, thousands say 'f*&% you' to Washington
Users of the popular social media site Twitter know that "trending" topics, or popular topics that are being "tweeted" about often on the site, are typically accompanied by "hash tags" that help better categorize and popularize them.
Under Runaway Debt Burden, America's Currency Headed for Collapse
Treasury Secretary Tim Geithner recently told FOX News, "We write 80 million checks a month. There are millions and millions of Americans that depend on those checks coming on time."
Australian Dollar Outlook 7/27/2011
The continued political theatre in the US over the US debt ceiling played on overnight which undermined the US Dollar.
Daily Forex Forecast 7/27/2011
The Australian Dollar rallied strongly yesterday as investors snapped up the higher-yielding currency. While the Dollar traded sideways in the early hours of the Asian Session Yesterday the Aussie took off mid afternoon reaching an eventual high 1.0968 against its US Counterpart.
The U.S.: Markets Wobble On Debt Ceiling/Downgrade Dangers
Markets are shaky as the American political classes show the rest of the world their irresponsibility and inability to see the bigger picture, especially the so-called Tea Party newcomers in the U.S. House of Representatives.
Daily Forex Forecast 7/26/2011
In what a capped a good week for the Australian Currency, data out on Friday showed import prices rose by 0.8 percent for the month of June increasing by much a larger degree than economists forecast.
World Market Overview 7/26/2011
Australian share closed sharply lower on concerns the US government may default if an agreement cannot be reached on raising its debt ceiling.
Australian Stock Market Report 7/26/2011
The Dallas Fed Manufacturing Index contracted at a slower pace in July. Business activity improved from -17.5 to -2 in July. Across the sub indices new orders, production and employment all recorded healthy gains.
The Economy: Inflation To Ease?
Inflation and interest rates will grab the headlines in Australia this week with the all important June quarter consumer price index figures due out on Wednesday.
Retailing: Premier The First Of Many Retailers To Restructure
The first major listed retailer has blinked and moved to rationalise its business as the sector continues to be impacted by the consumer slowdown, higher savings rate and the stronger Australian dollar.
Coles cleared of predatory milk pricing
The Australian Competition and Consumer Commission (ACCC) has found that Coles' decision to discount house brand milk does not breach competition law.
Unilever commits to "low-carbon future"
Unilever has released a statement encouraging political leaders to take "ambitious steps" to tackle climate change, and rejecting media suggestions that it will oppose the Government's carbon tax.
Costco opens stores in Sydney and Canberra
Costco, the US retail giant, has opened its first stores Sydney and Canberra.
FSANZ propose to extend meat labelling standards
Food Standards Australia and New Zealand (FSANZ) have proposed to extend country of origin labelling to unpackaged beef, sheep and chicken meat.
Dairy farming group disappointed by ACCC milk decision
The Queensland Dairyfarmer's Organisation (QDO) has expressed extreme disappointment at the decision by the ACCC to not pursue Coles for predatory pricing of its house brand milk.
Cadel inspires a nation
Cadel Evans has become the first Australian winner of the Tour de France after completing the traditional final stage along the Champs Elysee in Paris.
Gutsy Gillow claims podium finish in Germany
Shara Gillow's star continues to rise with the Queenslander claiming a podium finish in the Thuringen Rundfahrt women's tour in Germany at the weekend.
Lang ready for Tour of Gippsland
Inspired by Cadel Evans’ courageous and dazzling Tour de France victory, Team Jayco-AIS member Richard Lang has his sights set on winning the Lakes Oil Tour of Gippsland this week.
No magic tablet for under performance
Australians enjoy an unemployment rate of 4.9%, but not all of the remaining 95.1% are necessarily up to scratch.
Google is right to demand people use real names
Google, don't cow before riffraff demanding that you allow Google Plusers to use pseudonyms or to be anonymous.
Getting real: Apple issues second iOS security patch in 10 days
Mobile security issues are no longer the next big thing. The threats are here, and vulnerabilities could be present in your pocket right now.
Gardening activities reduce lung cancer risk by 50%
Not only is having a green thumb a great way to stay healthier and happier, but new research shows it can actually protect you from cancer.