The coal mining sector will soon enjoy a renewal in Australia. Prime Minister Tony Abbott of Australia has approved a deal that would allow an Indian company to build one of the world's largest coal mines in Queensland.
The BBC News reports that, "Australia has approved a $15.5bn (£9bn) coal project, despite concern over its potential environmental impact. The Carmichael project in Queensland would include one of the world's biggest coal mines and a new railway."
Secretary of State John Kerry is preparing to order all US Embassies located in Africa to fly the gay rights' Rainbow Flag, instead of the American flag during an African Summit on Aug. 4-6.
According to the Houston Chronicle, "The groups praised the Obama administration for a series of steps aimed at promoting gay rights internationally, but they suggested more could be done to block or overturn anti-gay legislation. Among its initiatives, the administration has increased the number of openly gay U.S. ambassadors serving abroad. Some U.S. embassies flew the rainbow flag this year to celebrate local gay pride parades."
Tejano singer Patsy Torres appears to be singing the blues when learning that her husband, David Lucero, was arrested for soliciting a prostitute in San Antonio.
The Houston Chronicle reports that, "A city employee who was among those arrested Friday during a prostitution sting is also the husband of a popular Tejano star. , 51, is the events services manager at the , according to a San Antonio human resources spokeswoman. Lucero is also the husband of , a singer and songwriter who has toured in over 10 countries, according to her website, and has been named one of the top female Tejano stars by Billboard Magazine."
Singapore has pledged to become a founding member partner of the Asian Infrastructure Investment Bank (AIIB), which would be led by China.
According to Channel NewsAsia, "The Republic has expressed its intention to accept China’s invitation to become a founding member of a new regional bank to fund infrastructure projects in Asia, said Singapore’s Ministry of Foreign Affairs (MFA)."
Apparently, the publishers of the Finland Times are not friendly with the Israeli government. Editors have published an editorial, which claims that Israeli Prime Minister Benjamin Netanyahu assigned Mossad (Israeli secret intelligence unit) to murder three Israeli teenagers to launch a war against Palestinians in Gaza.
The Finland Times reports that, "The pretext for bombing and shelling Gaza was the death of three Israeli teenagers allegedly killed by Hamas. ‘Operation Protective Edge (OPE) directed against Gaza is reminiscent of the infamous 2001 Dagan Plan entitled “Operation Justified Vengeance” in which the deaths of innocent Israeli civilians had been envisaged and foreseen by IDF military planners."
The University of Southern California (USC) campus is located in the crime-ridden neighborhood of South Central Los Angeles. Many so-called illegal immigrant teenagers, dubbed 'Amnesty Children,' have flooded into LA and have committed numerous crimes, such as allegedly murdering a Chinese graduate student at USC.
According to the Beverly Hills Courier, "A “series of arrests” have been made in connection with the beating death of a Chinese USC graduate student who was attacked while walking home and was found dead hours later inside his apartment, police said today. Details of the arrests were expected to be announced at a late-afternoon news conference in downtown Los Angeles."
President Barry Obama has gotten so desperate to boost the ailing national economy that he's opened the U.S.-Mexico border to flood the country with illegal immigrants to convince global business people to invest in America with FDI (Foreign Direct Investments) so they can obtain easy access to US visas.
About.com reports that, "Inflow FDI reached what the U.S. Department of Commerce calls a "historical peak" in 2008 with total foreign investments of $328 billion. Investments in 2000 nearly reached that point, but fell to a low of $64 billion in 2003. (Think of how policies effect investment potential: in 2003 the U.S. had endured 9/11, was in a war in Afghanistan, and was just starting one in Iraq.)"
The Avian flu virus has been spreading throughout duck farms in Southwestern Jeolla Province, South Korea.
The JoongAng Daily reports that, "Avian influenza (AI) was confirmed yesterday at a duck farm in Korea, local officials said, just days after the government detected another instance of the potentially deadly foot-and-mouth disease."
US Federal Reserve Chairwoman Janet Yellen is flooding billions of dolars into global stock markets, which is creating dangerous bubble conditions.
According to Channel NewsAsia, "In a world still struggling to shake off the worst financial crisis for a generation, many economists are worrying that new asset bubbles are already threatening to derail the tepid global recovery. Concern has been rising that investors are paying too much for securities in a search for good returns when interest rates are hovering near record lows, creating the bubble conditions for a new market crash."