POLITICS & POLICY

A participant practices rolling a joint at the Cannabis Carnivalus 4/20 event in Seattle

New Zealand Sees Growing Support for Marijuana Reform

A survey by the Herald's DigiPoll has asked New Zealanders if they supported the legalisation of cannabis or wanted it to remain illegal. New Zealand laws currently consider marijuana possession a crime with a penalty of $500. Violators may also be imprisoned for up to three months.
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Cranes work in the water at the Kitimat LNG site near Kitimat, in northwestern British Columbia on April 13, 2014. British Columbia is on the brink of an energy boom. Domestic and foreign companies are looking to build two oil pipelines, multiple natural

Arctic LNG Route Soon to Launch; China, Japan 1st Shippers

The Arctic Ocean will soon be seeing more and more liquefied natural gas (LNG) shipping carriers plying its waters. Japan's Mitsui O.S.K. Lines Ltd. on Wednesday announced it targets to use the unchartered territory to move its LNG Russia to its clientele in Europe and Asia.
Sri Lankan asylum seekers who were sent back by Australia wait to enter a magistrate's court in Galle

Tony Abbott Not Giving In to 'Moral Blackmail' Despite Asylum Seeker Suicide Attempts

Australian Prime Minister Tony Abbott has declared his government will not be subjected to "moral blackmail" after reports of attempted suicide by asylum seekers in Christmas Island. According to a Fairfax report, dozens of refugee mothers have tried to commit suicide because they think their children have a better luck in going to Australia without them.

Australian Dollar Outlook -09 July 2014

Bell FX Currency Outlook: The Australian Dollar has traded overnight above .9400 as the latest local business confidence and conditions were better than expected.
A Malaysia Airlines Boeing 737-800 aircraft parks on tarmac of Kuala Lumpur International Airport outside Kuala Lumpur June 14, 2014.

Accused Malaysian Diplomat Not 'Well Enough' to Travel to New Zealand

As New Zealand awaits the return of the accused Malaysian diplomat, Malaysian doctors of Muhammad Rizalman bin Ismail has warned he may not be "well enough" to travel. According to reports, Rizalman has been in the hospital since July 1 and he was supposed to be released soon after his medical tests.
Euro and U.S. dollar banknotes

Australian Dollar Outlook -08 July 2014

Bell FX Currency Outlook: The Australian Dollar is sitting comfortably around the mid-high 0.93's and it will be hard to see us break out of this until the jobs numbers on Thursday.
U.S. one-hundred dollar bills are seen in this photo illustration at a bank in Seoul August 2, 2013. Picture taken August 2, 2013.

Australian Dollar Outlook -07 July 2014

Bell FX Currency Outlook: The Australian Dollar opens this morning little changed from Friday's levels as trading was very quiet due to the US Independence Day holiday.

Anti-Immigration Policy a Factor in New Zealand Election

New Zealand's booming economy has attracted more migrants to the country. It also gave citizens overseas to return home. As a result, the country is currently experiencing its strongest influx of immigrants in more than 10 years.

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