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Russia, Belarus, Kazakhstan launch common economic space

MOSCOW, Jan. 1 (Xinhua) — Russia, Belarus and Kazakhstan launched the Common Economic Space (CES) on Sunday to further promote free movement of goods, capital and workforce within them. Russia hopes to further transform CES into the Eurasian Economic Union (EEU), a bridge between Europe and the Asia-Pacific region. Russian President Dmitry Medvedev said on [...]

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Australian wages rise slower than expected in September quarter

Australian wages rise slower than expected in September quarter Wages for Australian workers rose 0. 8 percent in the September quarter, slightly less than market forecasts, official data showed on Wednesday. The Australian Bureau of Statistics (ABS) reported on Wednesday total hourly rates of pay, excluding bonuses, rose 0.8 percent in the September quarter. The [...]

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25 nations agree to create biggest marine reserve at Antarctica

25 nations agree to create biggest marine reserve at Antarctica Delegates from 25 nations on Friday agreed to a plan to create the world’s largest marine reserves in the waters around Antarctica, at Convention on the Conservation of Antarctic Marine Living Resources (CCAMLR) meeting in Hobart, Tasmania of Australia. The meeting accepted a framework for [...]

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Australian major banks should “pass on” RBA’s rate cut: PM

Australian major banks should “pass on” RBA’s rate cut: PM Australian Prime Minister Julia Gillard on Tuesday said Australian banks should pass on in full the Reserve Bank of Australia’s (RBA’s) cut in its official cash rate. The central bank on Tuesday announced to cut the cash rate by 25 basis points to 4.5 percent, [...]

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Australia is wasting resources in Afghanistan: experts

Australia is wasting resources in Afghanistan: experts Australia’s military campaign in Afghanistan is a serious policy failure with no serious prospect of achieving, defense experts said in an interview with Xinhua recently, adding that the on-going spending on the war will constitute a drain on resource. The comment came following the assassination of former Afghan [...]

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Australian politicians welcome Queen’s upcoming visit

Australian politicians welcome Queen’s upcoming visit Australian Prime Minister Julia Gillard and politicians on Saturday said they welcome Queen Elizabeth II and her 90-year-old husband Prince Philip’s upcoming visit to Australia in October. Buckingham Palace on Saturday confirmed the Queen and Prince Philip will visit Canberra, Perth, Brisbane and Melbourne of Australia in October. The [...]

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Australia economic fundamentals remain strong despite market slump: PM

Australia economic fundamentals remain strong despite market slump: PM Australian Prime Minister Julia Gillard on Friday moved to soothe investors nerve after a slump in share market, saying that Australia has strong economic fundamentals. Local share market closed firmly in the red following tumbles on Wall Street and European bourses overnight, with the benchmark ASX [...]

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Earthquake prosecution does not make sense: Australian experts

Earthquake prosecution does not make sense: Australian experts The prosecution of the six Italian scientists for manslaughter over Italy’s L’Aquila earthquake in 2009 is likely to silence experts from openly communicate with the public in the future, Australian experts warned on Friday. Six leading Italian scientists and one government official are standing trial for manslaughter [...]

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Australia’s Qantas flight returns to Perth airport after birdstrike

Australia’s Qantas flight returns to Perth airport after birdstrike A birdstrike has forced a Qantas passenger plane return to Western Australia’s Perth airport soon after take-off, the airline said on Friday. A Qantas spokeswoman said the Melbourne-bound Airbus A330, which hit the bird just after 12:30 p.m.(local time) on Friday and landed “safe and sound” [...]

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Australia, Indonesian Islamic community cement ties through futsal

Australia, Indonesian Islamic community cement ties through futsal The Australian Embassy in Indonesia and Muhammadiyah, the second largest Islamic organization in the country, on Thursday tightened their ties through futsal match, a press statement said here. The Australian Ambassador to Indonesia Greg Moriarty warmly welcomed Minister for Law and Human Right Patrialis Akbar and Prof [...]

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