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Standing Wager
Merchant of gloom makes a bet

29 Nov 2008 2:30 AM

An academic who expects zero interest rates within two years and a 40 per cent drop in house prices has promised to walk from Canberra to the top of Australia's highest mountain if he's wrong.

University of Western Sydney associate professor of economics and finance STEVE KEEN made the bet with Macquarie Group interest rate strategist RORY ROBERTSON.


High Scores Longest Chase
Police chase stolen car 250km from Wagga to Canberra

20 Jan 2009 12:21 PM

CANBERRA, Jan 20 AAP - Police have arrested a 26-year-old man in Canberra following a 250km high-speed car chase that started in south-western NSW.

NSW police started pursuing the stolen car in Wagga Wagga on Tuesday morning and ACT Policing took up the chase when the driver crossed the border into the territory.


High Scores
Police dissappointed by young drivers

14 Dec 2008 4:28 PM

Police have arrested a man for driving at 237 kilometres-an-hour on Sydney's Hume Highway.

And .. they say they are extremely disappointed with instances of irresponsible driving by young and inexperienced motorists overnight.


High Scores Possible New Blow
Man blows six times legal limit

31 Dec 2008 2:16 PM

BRISBANE, Dec 31 AAP - Queensland police have caught a man with an alleged blood alcohol reading more than six times the legal limit.

A 28-year-old man from Peak Crossing was stopped overnight for a random breath test in the nearby town of Boonah, south-west of Brisbane, and allegedly blew .303 per cent.


High Scores
P-plate driver returned blood alcohol reading of 0.265

06 Dec 2008 8:18 AM

SYDNEY, Dec 6 AAP - A P-plate driver has returned a blood alcohol reading of 0.265 after allegedly flagging down a police car in northern NSW.

Police said a 26-year-old woman had her licence confiscated after she returned a high-range PCA reading near Tamworth about 8pm (AEDT) on Friday.


Porsche vs Bikes
Porsche and motorcycles in 224km/h road race

20 Dec 2008 4:24 PM

SYDNEY, Dec 20 AAP - The drivers of a Porsche and two motorcycles have had their vehicles confiscated after reaching speeds of more than 220km/h in an alleged road race.

Police say the three men were racing along a 100km/h zone of the Pacific Highway on the far north NSW coast on Saturday about 10.40am (AEST).


Turbo Rice vs RX7
Two drivers to stand trial over passenger death

15 Dec 2008 5:38 PM

MELBOURNE, Dec 15 AAP - Two young men accused of drag racing before a crash that killed a 15-year-old boy will stand trial.

Mitchell Cairnduff, of Wheelers Hill, died when a turbo-charged Mitsubishi Lancer driven by Jarrod Rooke hit a taxi at 120km/h, the Melbourne Magistrates Court heard.


High Scores Oldest Hoon
I'm a skilled driver, says 78yo hoon

By Michelle Draper 06 Jan 2009 5:31 PM

MELBOURNE, Jan 6 AAP - A 78-year-old hoon caught speeding at 170km/h on a narrow country road on New Year's Day told police he was a skilled race driver.

Victorian Premier John Brumby, however, was not impressed with John Belfield's claims, labelling Australia's oldest hoon driver an "idiot", while police said he was toying with death.i


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Feature Story Iran takes centre stage at Twitter conference

NEW YORK, June 18 AFP - Some members of the audience in the darkened New York theatre had paid nearly $US1,200 ($A1,515) for their seats.

But they weren't settling in to watch a hit Broadway musical.


Feature Story Anti-Ahmadinejad protesters flock to banned demo

TEHRAN, June 15 AFP - "Give back our votes!" hundreds of thousands of Iranians both young and old chanted on Monday at a banned opposition rally in Tehran protesting at President Mahmoud Ahmadinejad's disputed election win.

Defeated presidential candidate Mir Hossein Mousavi also attended the rally in his first public appearance since Friday's poll which he has branded a "charade."


Feature Story Iran protests mount as Ahmadinejad wins landslide

TEHRAN, June 13 AFP - Hardline incumbent Mahmoud Ahmadinejad won a landslide victory in Iran's hotly-disputed presidential vote, according to official results on Saturday that triggered mass opposition protests and furious complaints of cheating from his defeated rivals.

Riot police clashed with protesters in unrest not seen for a decade as thousands of supporters of main challenger Mir Hossein Mousavi took to the streets shouting "Down with the Dictator" after final results showed Ahmadinejad winning almost 63 per cent of the vote.


Feature Story Don't worry, it's just a pandemic

PARIS, June 11 AFP - Now it's official: we have a flu pandemic. But what does it mean?

For many, the term may be tinged with fear. It evokes folk memories of three influenza pandemics that erupted last century and claimed tens of millions of lives.


Feature Story WHO declares flu pandemic

GENEVA, June 11 AFP - The swine flu crisis has escalated into the world's first influenza pandemic in 40 years, the World Health Organisation has declared, after infecting tens of thousands of people in 74 countries.

WHO director-general Margaret Chan says the declaration of a "moderate" pandemic should not be a cause for panic and does not mean the death toll from A(H1N1), which stands at less than 150, will sharply increase.


Feature Story Economy offers 'rational basis for confidence': Rudd

MELBOURNE, June 9 AAP - Prime Minister Kevin Rudd says Australia's strong economic fundamentals offer a glimmer of hope the nation will escape the worst effects of the global recession.

Speaking at the National Small Business Summit in Melbourne on Tuesday night, Mr Rudd said there was no room for "simple, misty-eyed optimism" and acknowledged business owners faced "tough decisions" amid the downturn.


Feature Story Obama 'deeply concerned' by sentencing of journalists

WASHINGTON, June 8 AFP - US President Barack Obama is "deeply concerned" over the sentencing of two US journalists by North Korea and is using "all possible channels" to obtain their release, The White House said on Monday.

"The president is deeply concerned by the reported sentencing of the two American citizen journalists by North Korean authorities, and we are engaged through all possible channels to secure their release," White House spokesman Bill Burton told reporters.


Feature Story Obama wraps up landmark Middle East, Europe trip

PARIS, June 7 AFP - President Barack Obama on Sunday wrapped up a Middle East and Europe tour steeped in history and intense diplomacy, confident he has cleared the "debris" thwarting US relations with the Muslim world.

Obama, who visited Saudi Arabia, Egypt, Germany and France also believes he has made clear what he expects from all leaders in the strife-torn Middle East as he cranks up a regional peace drive, aides said.


Feature Story Economy dodges recession bullet for now

CANBERRA, June 3 AAP - The economy has avoided a much feared recession on paper, but Prime Minister Kevin Rudd has warned the nation could still experience further periods of negative economic growth in the future.

Exports and household spending helped the economy grow by 0.4 per cent in the first three months of the year, preventing a second consecutive quarter of negative growth that defines a recession.


Feature Story Swine flu cases hits 500 after another surge in Vic

CANBERRA, June 2 AAP - The number of swine flu cases in Victoria has surged again, adding 89 in one day to push the national tally beyond 500.

And there are fears the number could soar again following Wednesday's State of Origin series opener at Melbourne's Etihad Stadium, where a near sell-out crowd of 50,000 is expected.


Feature Story Economy - things might not turn out as badly as expected

With the global economy in recession and Australia waiting for news on Wednesday that gross domestic product fell for the second consecutive quarter, it is hard to imagine the slump might not be as steep or as prolonged as it is widely predicted to be.

And perhaps a gloomy outlook for Australia is justified.


Feature Story Aust economy continues to falter - WBC/MI survey

SYDNEY, May 27 AAP - The Australian economy continues to falter due to the global economic downturn, a survey shows.

The Westpac/Melbourne Institute leading index of economic activity rose by a mere 0.3 per cent in March and was down 5.1 per cent over the year.


Feature Story Australia best placed to beat recession: survey

A global business survey's found Australia is an economic oasis in the financial storm .. despite pessimistic government and media responses.

One in five international businesspeople have cited Australia as the country best surviving the recession .. in a survey of seven thousand 500 people in more than 24 nations.


Feature Story Turnbull speech empty rhetoric with no solutions, Tanner

SYDNEY, May 14 AAP - Malcolm Turnbull's budget in reply speech was marked by empty rhetoric and offered no solutions to reduce government debt, Finance Minister Lindsay Tanner said.

In his budget-in-reply address on Thursday night, the opposition leader attacked the spiralling levels of debt forecast in the budget and run up by Labor with its "profligate" spending on two economic stimulus packages.


All House Harris News Articles are individually selected by The Editor
Main Feature Story
Khamenei says Iran protests must end

By Jay Deshmukh 20 Jun 2009 2:54 AM

TEHRAN, June 19 AFP - Iran's supreme leader Ayatollah Ali Khamenei has demanded an end to street protests over last week's disputed presidential election, siding with declared winner Mahmoud Ahmadinejad.

Making his first public appearance on Friday after daily demonstrations against the results, he ruled out any major fraud in the election and warned that defeated candidates would be held to account over any renewed violence on the streets.

"The people have chosen whom they wanted," Khamenei said in a sermon at the main weekly prayers in Tehran.

"I see some people more suitable for serving the country than others but the people made their choice," he said to cheers from tens of thousands of faithful, who included the victorious hardline incumbent.

However, after Khamenei's sermon, reformist former parliament speaker Mehdi Karroubi became the second losing candidate to demand a new election.

"By deciding fairly to cancel the election and hold it again, you would be accepting the nation's will and guaranteeing the permanence of the system," Karroubi wrote in a letter to the electoral watchdog, the Guardians Council.

Continued .....

Regularly Updated News As It Arrives From The Editor
House Harris News

MID: Police clash with Tehran protesters: witnesses
TEHRAN, Iran, June 20 AP - Witnesses say police are using tear and water cannons to disperse thousands of protesters rallying in Tehran to demand a new presidential election.

MID: One to two thousand protesters in front of Tehran university
TEHRAN, June 20 AFP - One to two thousand protesters have gathered in front of Tehran University, which is close to the site of a mass rally planned on Saturday, a witness told AFP.

MID: Iraq truck bomb near oil-rich Kirkuk kills at least 22
KIRKUK, Iraq, June 20 AFP - A truck bomb has killed at least 22 people and wounded dozens more in a town south of Iraq's oil-rich city of Kirkuk, the bloodiest attack to hit the country in a month, officials say.

EUR: Big particle collider restart delayed till October
GENEVA, June 20 AP - The world's largest atom smasher will likely be fired up again in October after scientists have carried out tests and put in place further safety measures to prevent a repeat of the faults that sidelined the $US10 billion ($A12.5 billion) machine shortly after startup last year, the operator said Saturday.

US: Obama underscores need for stronger consumer protection
WASHINGTON, June 20 AFP - US President Barack Obama has urged stronger consumer protection in financial markets, vowing to defend the interest of those "who play by the rules."

MID: Iran body ready to recount up to 10 per cent of ballot boxes
TEHRAN, Iran, June 20 AFP - Iran's electoral watchdog the Guardians Council has expressed its readiness to "randomly" recount up to 10 per cent of ballot boxes from last week's disputed presidential election, state television quoted its spokesman as saying.

MID: Iranian rally organiser backs down amid police warnings
TEHRAN, June 20 AFP - An Iranian group that had planned to organise a rally on Saturday backed down after authorities warned of consequences if they went ahead in defiance of the supreme leader's call for a halt to protest.

US: Inverted stamp collection sells for more than $US5 million
NEW YORK, June 19 AP - A collection of more than 3,000 inverted stamps has sold at auction in New York for more than $US5 million ($A6.25 million).

Energy prices drop, with gas leading way
Energy prices drop, with gas leading way

FED: Ford Australia posts one of its biggest losses - report
SYDNEY, June 20 AAP - Ford Australia has posted one of its biggest losses, despite receiving a $122.4 million financial boost from the federal government.

MID: Khamenei says Iran protests must end
TEHRAN, June 19 AFP - Iran's supreme leader Ayatollah Ali Khamenei has demanded an end to street protests over last week's disputed presidential election, siding with declared winner Mahmoud Ahmadinejad.

FED: Rudd launches OzCar probe but denies any wrongdoing
The prime minister's launched a probe into the OzCar affair .. despite his belief that a false email is at the centre of a smear campaign suggesting he tried to a secure a government loan on behalf of a mate.

Ex-Aust POW demands Japan PM apologize over slave labor
A former Australian prisoner of war has demanded that Japan's Prime Minister TARO ASO apologise for the use of forced POW labour at a coal mine operated by the Aso family during World War II.

FED: Sydney newspaper publishes "leaked emails"
SYDNEY, June 20 AAP - Emails alleging the Prime Minister's office tried to help Ipswich car dealer John Grant secure a taxpayer-funded loan from the $2 billion OzCar vehicle financing scheme have been published in a Sydney newspaper.

Fed: Turnbull should put up or shut up - Tanner
MELBOURNE, June 19 AAP - Any email purporting to be from the Prime Minister's office to Treasury concerning the OzCar affair is not genuine, Finance Minister Lindsay Tanner says.

GULF: Khamenei says Iran protests should end as right man won
TEHRAN, June 19 AFP - Iran's supreme leader Ayatollah Ali Khamenei has called for an end to street protests over last week's disputed presidential election, siding with declared winner Mahmoud Ahmadinejad.

Fed: Man with swine flu dies in Adelaide
ADELAIDE, June 19 AAP - A West Australian man has become the first person with swine flu to die in Australia.

US: US lawmakers seek to extend F-22 jet production
WASHINGTON, June 18 AFP - The US House Armed Services Committee has passed an amendment extending production of the F-22 Raptor, a stealth fighter jet the Pentagon has sought to scrub.

NSW: Climate change links to bushfires probed at conference
SYDNEY, June 19 AAP - The impact of climate change will be a major talking point for international firefighting experts in Sydney discussing better ways to battle bushfires.

EUR: Nuclear fuel bank plans held up at IAEA meeting
VIENNA, June 18 AFP - Plans by the UN atomic watchdog for a global nuclear fuel bank received a setback here on Thursday, after they were effectively blocked by developing nations, diplomats who attended the meeting said.

EUR: UN swine flu tally approaches 40,000
GENEVA, June 18 AFP - Swine flu has infected nearly 40,000 people around the world in 89 countries and territories, causing 167 deaths since late March, latest World Health Organisation data shows.

Fed: Homeowners wanting solar panels may see red after delays
Homeowners wanting to go green may see red after Climate Change Minister PENNY WONG confirmed yesterday there'll be no rebate for solar panels for some months.

NSW: Food expert warns on hormones in Australian produce
An international food safety expert says some of our food producers are selling our quality products overseas .. while feeding us foods containing dangerous levels of hormones and pesticides.

Qld: I begged police to stop tasering him, says woman
The partner of a man who died after being tasered by police in north Queensland says she begged police to stop repeatedly using the weapon.

US: US Senate votes formal apology for slavery
WASHINGTON, June 18 AFP - The US Senate approved a fiercely worded resolution on Thursday formally apologizing for the "fundamental injustice, cruelty, brutality, and inhumanity of slavery" of African-Americans.

US: No right to DNA tests after conviction: US court
WASHINGTON, June 18 AFP - The US Supreme Court on Thursday ruled that a defendant does not have the constitutional right to demand DNA tests to prove his innocence after his case has already been tried.

US: Pilot dies mid-flight; plane lands safely in US
NEWARK, New Jersey, June 18 AP - The pilot of a Continental Airlines flight from Belgium to the US died over the Atlantic Ocean on Thursday, but the jet landed safely with two co-pilots at the controls.

US: Iran takes centre stage at Twitter conference
NEW YORK, June 18 AFP - Some members of the audience in the darkened New York theatre had paid nearly $US1,200 ($A1,515) for their seats.

Vic: Man admits setting fire to home with his children inside
MELBOURNE, June 18 AAP - A Melbourne father has admitted setting the family home alight and holding his two children inside while it burned.

WA: Man charged over road rage attack
PERTH, June 18 AAP - Police have laid charges over a road rage incident which allegedly led to man being run over by a four-wheel-drive.

Qld: Queensland buys time with flu school closures
BRISBANE, June 18 AAP - Queensland will continue to close schools as part of its response to swine flu.

NSW: Serial pest disrupts NSW Parliament
SYDNEY, June 18 AAP - Serial pest Peter Hore is at it again, this time jumping into NSW Parliament's bear pit, disrupting the start of question time.

Fed: Obesity, tooth decay and teen births plague Aussie kids
CANBERRA, June 17 AAP - Almost one-quarter of Australian children are overweight or obese, while tooth decay in six-year-olds is on the rise.

MID: Mousavi supporters hold rally in Tehran: Press TV
TEHRAN, June 16 AFP - Supporters of defeated Iranian presidential candidate Mir Hossein Mousavi staged a mass rally in Tehran on Tuesday, the state-run English-language Press TV said.

MID: One protestor shot dead at Tehran rally: local photographer
TEHRAN, June 15 AFP - One protester was shot dead and several were wounded during a Tehran rally on Monday attended by hundreds of thousands of people demonstrating against the re-election of President Mahmoud Ahmadinejad, a local Iranian photographer told AFP.

NSW: Rees' first budget to include a few surprises
NSW Premier NATHAN REES says his first budget will include a few surprises when it is handed down today .. but has confirmed it'll drag the state's economy into the red.

US: 18 arrested as violence flares after Lakers win: US police
LOS ANGELES, June 15 AFP - Eighteen people were arrested and eight police officers were injured in violence that erupted as rowdy fans celebrated the Los Angeles Lakers NBA championship triumph, police said on Monday.

EUR: French, Brazilian leaders urge sweeping reform of world economy
GENEVA, June 15 AFP - The presidents of France and Brazil have sharply criticised the international handling of the financial crisis, calling for sweeping reform and greater global regulation of the world economy.

EUR: European stocks plunge, London down 2.61 pct
LONDON, June 15 AFP - European stock markets plunged on Monday after G8 finance ministers warned of a risky and uncertain global economic outlook, with London losing 2.61 per cent to close at 4,326.01 points.

IMF projects 'solid' US recovery in mid-2010
The International Monetary Fund says the US economy is set to grow more strongly than previously thought .. with a solid recovery from recession in mid-2010.

MID: Anti-Ahmadinejad protesters flock to banned demo
TEHRAN, June 15 AFP - "Give back our votes!" hundreds of thousands of Iranians both young and old chanted on Monday at a banned opposition rally in Tehran protesting at President Mahmoud Ahmadinejad's disputed election win.

Fed: Swan brushes off Newspoll slide
CANBERRA, June 15 AAP - Treasurer Wayne Swan has brushed off the latest Newspoll, which shows the coalition closing the gap on Labor.

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