Tag: Australia

• Wednesday, January 19th 2011 - 20:48 UTC

  Letters of Sympathy to Flood Victims

  

  The Falkland Islands Government has sent letters to the leaders of Australia and Brazil following the devastating floods the two countries have undergone recently.

• Thursday, December 16th 2010 - 03:58 UTC

  Australia present at the Mercosur summit in Brazil

  

  Australian Foreign Secretary Kevin Rudd will be present at the two-day Mercosur summit which begins Thursday in Foz de Iguazu. Rudd met on Wednesday with his Brazilian peer Celso Amorim ahead of the summit and in the framework of the “Australia-Brazil Dialogue” created last September.

• Friday, November 5th 2010 - 22:41 UTC

  Australia and India increase interest rates amid fears of rising inflation

  

  Australia and India have both raised interest rates by a quarter percentage point amid fears of rising inflation. The central bank of Australia put up rates from 4.5% to 4.75%, surprising markets with the first rise since May.

• Wednesday, August 18th 2010 - 19:16 UTC

  Australian PM wants to cut ties with British monarchy and establish a republic

  

  Australia should drop its ties to the British monarchy when the Queen’s reign ends, Prime Minister Julia Gillard said this week in the midst of national election campaigning.

• Thursday, July 1st 2010 - 07:03 UTC

  Japanese group secures iron-ore supply with stake in Brazilian steel foundry

  

  Usinas Siderurgicas de Minas Gerais SA, Brazil’s second-largest steelmaker, agreed to sell a stake in its mining and railroad businesses to Sumitomo Corp. for 1.93 billion US dollars before a possible share offering in the unit.

• Wednesday, May 5th 2010 - 06:33 UTC

  Australia Raises Interest Rate for the Sixth Time in Eight Months

  

  Australia's central bank has raised interest rates for the sixth time in eight months as the country's economy continues to recover. The target interest rate is now at 4.5%—up from 3% in October last year.

• Thursday, April 29th 2010 - 18:49 UTC

  Australia Opens Brine Shrimp Farm, Key Component in Aquaculture Food Chain

  

  Australian Fisheries Minister Norman Moore embraced the aquaculture potential of Western Australia with the opening of a cutting edge-design commercial brine shrimp farm at Port Gregory, near Geraldton.

• Tuesday, April 27th 2010 - 05:36 UTC

  Scientists Discover Deep-Ocean Current Moving Northward from Antarctica

  

  Work in Japan and Australia has revealed that a deep-ocean current is carrying frigid water rapidly northward from Antarctica along the edge of a giant underwater plateau.