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Nov 7, 2010

F & F I N | THE AUSTRALIAN CAPITAL CIRCLE : Military and diplomatic ties have never been so important

Capital Circle Newsletter
Military and diplomatic ties have never been so important
Hillary Clinton and Robert Gates are in Melbourne with a full agenda for AUSMIN talks with the Gillard Government.

Closer military ties between the US and Australia, the Afghanistan war and the geo-political balance of the Asia-Pacific will be on the table today as the US Secretaries of State and Defence sit down with Foreign Minister Kevin Rudd and Defence Minister Stephen Smith.
Prime Minister Julia Gillard spent time with Ms Clinton over the weekend, lunching in Melbourne, but it's back to the grind for the PM today.
Labor is briefing that Ms Gillard will appear on the Victorian campaign trail this morning with Premier John Brumby at the Alfred Hospital to make an announcement about telemedicine, while morning radio is reporting that Mr Brumby will announce an extra $344 million in funding to cut hospital waiting lists.
But it's the AUSMIN talks that are driving the national agenda this morning, with the Australia's team of Defence reporters - Mark Dodd, Cameron Stewart and Brendan Nicholson - writing this morning that today's talks will begin charting a clear road map for a withdrawal of Australian troops from Afghanistan.
"THE Gillard government will work with a top-level US delegation at the talks and then the Prime Minister will take the plan to next week's conference of NATO and its key allies in Lisbon. But the Prime Minister has warned against a premature exit for Australian troops, saying it would be a "bad error" to leave before Afghan forces could take control of their own security, only to have to return if conditions deteriorated.''
Daniel Flitton and Dan Oakes write that "AUSTRALIA risks a backlash from China over a plan to expand the United States military presence here under a new deal to be unveiled today. The US Secretary of State, Hillary Clinton, yesterday described ties between China, the US and Australia as ''one of the most consequential'' for the Obama administration. But she rejected the notion that the US was being displaced as the premier Asian power by China as it increasingly flexed its economic and military muscle.''

F & F I N | The Australian Business Briefing: Super funds consider bank loans

Gillard unleashes bank fee battle
banks Scott Murdoch and Richard Gluyas AUSTRALIAN banks could take a $280 million earnings hit after the Prime Minister foreshadowed a plan to reduce mortgage exit fees.
QR chief woos global investors
QR national Scott Murdoch QR National chief executive Lance Hockridge will make his final sales pitch to international institutional investors this week.
Gonski concedes on exec pay votes
David Gonski 101106 EXCLUSIVE: Damon Kitney, Annabel Hepworth and Glenda Korporaal THE chairman of the Australian Securities Exchange has conceded he was wrong to oppose shareholder votes on executive salaries.
Bourse to follow upbeat Wall St
Wall Street Katherine Jimenez THE Dow Jones Industrial Average has maintained its run above pre-crisis levels, on the back of stronger than expected US employment numbers.
Toll seeks a steady hand
Paul Little, Toll Holdings Richard Gluyas FOR 24 years Toll Holdings has avoided the kind of chief executive succession issues that bedevil other companies.
Foster's vines to meet US demand
Cabernet sauvignon grapes Blair Speedy FOSTER'S US wine division is increasing production of high-level wines in anticipation of an upswing in demand at the top end of the market.
Super funds consider bank loans
Superannuation Katherine Jimenez The deputy CEO of one of the biggest superannuation funds, AustralianSuper, says it will consider investing in bank lending books.
Sin-Tang walks a fine line on Sphere
Sphere Minerals Brett Clegg SIN-TANG Developments met key shareholders of Sphere Minerals on Friday.
Financial Markets
Rice exchange to safeguard poor
rice Leo Lewis SINGAPORE should become the global hub of rice futures and spot trading to defend Asia's billions from price swings and food riots.
Gillard unleashes bank fee battle
Rate rises could depress house prices
Financial Markets Coverage
Mining & Energy
BP, Chinese to sign oil exploration deal
David Cameron BRITISH oil giant BP is reportedly about to sign a major exploration deal with China's biggest offshore oil and gas producer. 
Minnow Abbot Point has whale of potential
Hancock opens test pit in giant coalmine
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F & F I N : Key facts about the world's top aluminum producers | Reuters

Key facts about the world's top aluminum producers | Reuters: "Key facts about the world's top aluminum producers

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