Word: australia
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...evening of April 15, a small wooden vessel was spotted making its way toward the northwest coast of Australia. By dawn, the Australian navy had intercepted the boat. As members of the HMAS Albany stepped on board, they noticed a strong smell of gasoline. Moments later, the craft exploded, leaving all of its human passengers - 47 Afghani asylum-seekers and two Indonesian crew members -stranded in the water. Five Afghanis died, and dozens, including four navy personnel and the crew, were injured in the blast...
...paid the same low credit- and debit-card swipe fees as consumers in Australia pay, then the net benefit for American consumers would have totaled $125 billion over the last four years," the report says...
...report cites reforms made to interchange fees in Australia, New Zealand and the E.U. as proof that lowering swiping fees are "not only pro-business and pro-consumer, but also a painless way to put more money into the economy during a recession and to stimulate spending...
However, Piper Jaffray analyst Robert Napoli says it's merchants - not consumers - who will benefit from lower fees. "To suggest that American consumers could have saved $125 billion is very misleading," he says. "Interchange fees are paid by the merchant, and there have been studies done in Australia that said that consumers have not saved a penny by lowering interchange rates - that the merchants have not reduced prices...
...featured in 10 two-hour shows, each of which is a jaw-dropping theatrical performance. Dance, music, lighting, elaborate sets and of course the ensembles themselves attract a total audience of around 35,000. "WOW," says founder Suzie Moncrieff, "is a glorious rebellion against the mundane." (See pictures of Australia...