POLITICS & POLICY

Australian Dollar Outlook - 01 August 2013

Bell FX Currency Outlook The Australian Dollar has fallen below USD 0.9000 after good US economic data and a Federal Reserve announcement pulled the currency in opposite directions.

Gay Asylum Seekers Also Bound for Rape Island (VIDEOS)

Like pregnant asylum seekers in Australia who will still be sent to Manus Island in Papua New Guinea for processing despite the risk of exposure to malaria, gay asylum seekers would similarly not be spared from being resettled in the place now notoriously referred to as Rape Island.
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Australian Dollar Outlook - 31 July 2013

Bell FX Currency Outlook: The Australian Dollar tumbled more a one cent yesterday after remarks by RBA Governor Stevens on the inflation outlook for Australia and the scope for further reductions in the cash rate.

Clintons Detest Comparison with Anthony Weiner-Huma Abedin (VIDEOS & PHOTOS)

Even though Bill and Hillary Clinton had a very public sex scandal when the U.S. president then had a headline-hugging affair with White House intern Monica Lewinsky, the former first couple rejects any comparison with Ms Clinton's former aide Huma Abedin and her husband, disgraced New York mayoral candidate Anthony Weiner.

Australian Dollar Outlook - 30 July 2013

Bell FX Currency Outlook: The Australian Dollar is trading lower this morning as the market plays it safe ahead of the US Federal Reserve meeting later this week.

Snowden Will not Get Death Penalty if He Returns Home

Attorney General Eric H. Holder Jr. sent a letter to Russia, affirming that Edward Snowden would not be given a death sentence if he tries to enter the U.S. Mr. Holder Jr. also said that a passport would be issued right away so that he could fly back to the U.S. Russian President Vladimir V. Putin had said that the U.S. had gotten itself into an awkward shape, where Mr. Snowden had become immobile.

Australian Dollar Outlook - 26 July 2013

Bell FX Currency Outlook: The Australian Dollar benefited from a fall in the US Dollar against all currencies in the G-10 basket, after comments suggesting the Fed might not raise rates, even if the unemployment rate falls below 6.5%.

Would You be Willing to Pay an $815 Admission Fee to Attend China’s Breast Milk Orgies?

There were two interesting stories in Taiwan-based media company, WantChinaTimes.com, that provides more details of excesses of Chinese officials, quoted by Business Insider. One form of bribe, according to a July 17 post of Zhou Fang on his microblog, is the holding of parties where the Chinese officials pay an $815 (about 5,000 yuan) admission for sex orgies. Besides the standard sex with women, these parties feature the male guests drinking breast milk from young nursing mothers.

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