POLITICS & POLICY

Australians in Egypt Strongly Advised to Leave ASAP After Morsi Ouster

Australians in Egypt are urged by the federal government to consider leaving the country immediately after the toppling of Egyptian leader Mohamed Morsi. According to the data of the Department of Foreign Affairs, 730 Australians are currently registered being in Egypt before the protests began. Authorities say the number of Australians actually in Egypt could be higher.
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Australian Economy Uncertain But Resilient Says Treasurer Chris Bowen

Treasurer Chris Bowen warns of an uncertain economic outlook in Australia and says the situation requires careful management. A week after former prime minister Julia Gillard declared the Australian economy is "growing, stable and strong", Chris Bowen says commodity prices and mining investments are on a decline. Just last Monday, Julia Gillard told the Committee for the Economic Development of Australia that the economy is strong.

Family Feud: Mandela Edition to be Settled in Open Court (VIDEOS)

Democracy icon and former South African President Nelson Mandela's health may be slightly improving, but it is not just his body that needs healing. His feuding family also needs emotional healing as they went to court over planned burial site for the 94-year-old man.

PM Kevin Rudd Names 6 Female Ministers to Make Parliament of Australia History

New Prime Minister of Australia Kevin Rudd has appointed six female members to his Cabinet making the total number of female Cabinet members to eleven. This is Rudd's alleged attempt to reconcile a divided party due to the ouster of Julia Gillard as Labor party leader. Rudd made Parliament history as there are now 11 female ministers under his leadership up from 9 since his victory over the first female prime minister in Australia.

“Democratic Values” Vital For Turkey’s EU Bid, Says Merkel

Reacting on an EU decision to postpone a new round of membership talks for at least four months, Merkel told the German parliament this week that Turkey's membership in the European Union is conditional on respect for human rights and political reform in Ankara.

Australian Dollar Outlook - 01 July 2013

Bell FX Currency Outlook: The Australian dollar slid further on Friday night and has opened this week's trade in the low 0.9100's as the USD gained further strength after more comments from several US Federal Reserve Bank officials.

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