And Saudi Arbi says speculations are behind the current high oil prices and suppliers are in excess of demand. Petrol prices in Australia are nearing one dollar and sixty a liter.The Saudi Oil Minister says,crude at 125 US dollars a barrel is too hig...
A gunman has shot dead a teacher and three young children at a Jewish school in the French city of Toulouse.The attack happened as the students were arriving at the school,the gunman fled on a scooter.French prosecutors are linking the shootings with...
Indonesia's counter-terrorism police have shot dead five men suspected of planning terrorist attacks in Bali.Heavily armed police conducted two raids overnight.Three suspects were shot and killed in at a hotel in Sanur,another two died during a raid...
The administrator of the collapsed airline,Air Australia,has revealed that the accounting lost almost 90 million dollars over the past three years.In its first report to creditors,Korda Mentha has recommended Air Australia be placed into liquidation....
Severe tropical cyclone Lua is causing rain and strong winds for northern WA as it nears the coast.A monsoon trough and tropical low are triggering heavy showers and storms elsewhere in the tropics.While a trough is generating a rain and storms in Ne...
Former Treasurer,Peter Costello,has lashed out the why the federal government appointed David Gonski as the new chair of the Future Fund.Mr. Costello claims the reputation of the fund has been damaged because Mr.Gonski was originally asked to recomme...
A group of Belgian parents have rushed to the site of a fatal school bus crashing in Switzerland,some still unsure if their child is among the dead.The children were returning from a skiing trip in the Swiss Alps,when their coach crashed into the sid...
And china's decision to restrict exports of rare earth minerals is to be challenged at the World Trade Organization.The US,EU and Japan were reportedly file the suit the with the global trade watchdog.China is the largest producer of rare earths,whic...
The Taliban is threatening to avenge the deaths of 16 civilians shot dead by a rogue American soldier.The Afghan Parliament is also demanding a public trail.The Afghan army has stepped up security in Kandahar city after the Taliban threats. Oppositio...
A suicide bomb has killed at least fifteen people and wounded more than thirty others in north west Pakistan.The attack took place at a funeral on the outskirts of the city of Peshawar.Police say the bombers appears to have targeted an anti-Taliban p...
