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After 27 years, the Australian Dollar has achieved a record high by equating to 98.73 U.S. cents. The previous record was set in 1983, when the currency was floated by foreign exchange markets — since then the last peak that it experienced was in July 2008, when it was worth 98.49 U.S. cents. Local economists believe this is a clear indication that interest rates will rise in the near future. The Australian Minister for Jobs, Chris Evans, has attributed the spike in the Australian dollar to government stimulus rolled out at the crux of the glo

The remaining members of the Expedition 25 crew are set to launch to the International Space Station on Thursday at 7:10 pm EDT from the Baikonur Cosmodrome, which will return the station to its full complement of 6 persons. They will launch in the Russian Soyuz TMA-01M vehicle and dock on Saturday. According to Space Fellowship there is only one Soyuz capsule currently docked to the station, for emergency escape. Currently there are three astronauts on the station: Commander Doug Wheelock and Flight Engineers Shannon Walker and Fyodor Yurch

A small twin-engined Cessna 402 crashed into a lake in the Bahamas shortly after take off Tuesday, killing all eight Bahamian occupants. The Cessna crashed into Lake Killarney, located near the Lynden Pindling International Airport, after a fire broke out in one of its engines, according to assistant commissioner Hulan Hanna of the Royal Bahamas Police Force. It is reported that several bodies were recovered from the lake and a person was pulled out alive, but later died of a broken neck. It is reported that the plane, which departed the airp

Officials from the Chicago, Illinois bomb squad and arson squad were earlier investigating a suspicious package found near two Chicago schools which forced their evacuation. It was later determined that the package was dynamite and the bomb and arson unit carried out a successful controlled detonation and issued the all clear at 3:45 p.m. local time. According to ABC7 news volunteers cleaning up a lot behind the Randolph School discovered a package that they believe to be dynamite. According to Chicago Breaking News a package was found near ra

An exceptionally rare coin, which had been hidden in a family collection for over a century, sold at Heritage Auction Galleries Californian Coin Auction for US$345,000. The 1856-O Double Eagle gold coin, rated as XF45+ (XF meaning Extremely Fine) was discovered in July 2010, having been held by a family after it had been held in the James Bullock collection. Given a value in the auctioneer's catalogue of $220,000, it quickly rose past that with the help of the 5,000 bidders Heritage say were involved in the auction. The coin is believed to be

Tributes are being paid following the announcement late last night that the veteran British actor and comedian Sir Norman Wisdom has died at the age of 95. He passed away peacefully at the Abbot's Wood nursing home, Ballasalla, Isle of Man yesterday evening. Following a series of strokes over the last 6 months, his health had declined severely. Sir Norman's career spanned almost seven decades, during which time he starred in 19 films, and 38 sitcoms, most as the inept character "Pitkin", the persistant thorn in the side of his boss, Mr. Gri

The United States State Department has issued a travel advisory for Europe, based on information suggesting an imminent Al-Qaeda attack. The advisory urges all Americans in Europe to be aware of their surroundings and take adequate safety precautions when travelling. They stated that they are working closely with European governments to prevent attacks from Al-Qaeda. According to CNN, the Undersecretary of State for Management Patrick Kennedy stated, "the advisory is not meant to tell Americans to avoid travel, but to take 'common-sense precau

An earthquake hit the island of Crete in Greece on Sunday morning. The European-Mediterranean Seismological Centre measured it as magnitude 5.4, and reported the earthquake occurred at a depth of 60 kilometers, 132 kilometers southeast of Iraklion. The earthquake took place at 18:21:01 local time (15:21:01 UTC). The United States Geological Survey (USGS) reported that the earthquake had a magnitude of 5.0, and that it occurred at a depth of 28.8 kilometers. According to the USGS, the epicenter was centered 125 kilometers east-southeast of Ira

Roush Fenway Racing driver Greg Biffle, who qualified fifth, won the NASCAR Sprint Cup Series 2010 Price Chopper 400 held on October 3, 2010 at Kansas Speedway in Kansas City, Kansas, United States. This became his second win of the season. Biffle was chased by Jimmie Johnson up to the finish line, but was not able to catch him this weekend. Following the race, Johnson became the points leader after three of ten events in the Chase for the Sprint Cup. Kevin Harvick managed the third position in the closing laps of the race, after starting twe

A small Cessna 310 general aviation plane has crashed near the airport on Santa Catalina Island, California. It has been reported that the plane encountered a single engine failure. The cause of the engine failure has not yet been determined. At around 3:30 local time it was reported that a Cessna 310 plane had crashed near Avalon, California on Catalina Island. It is currently unknown how many people were aboard, but three people were injured and two of them suffered critical burns and were being airlifted to the mainland by a sheriff depart

A 1987 Dodge Ram Wagon van registered to the Tabernacle of Deliverance and Prayer flipped over on a highway in southwest Georgia yesterday killing four and injuring fifteen. The van, with nineteen passengers, was heading south on Highway 27 when a tire puncture caused the driver to lose control and crash into the median; it then rolled over several times at about 6:45 local time. According to The Atlanta Journal-Constitution at the time of the accident the van was overloaded and heading to Florida. The county coroner declined to reveal the ag

A school bus, with fourteen students from the Temple High School aboard, crashed in Georgia, United States, earlier today on Georgia State Route 113 going southbound, killing one student and leaving a dozen more injured. It is reported that at the time of the crash there was a trainee driving the bus. According to the Carroll County Schools Superintendent, one student was killed and a dozen others were in need of medical care after the bus rolled over. A spokesman for the mayor and a highway patrolman also confirmed that a student died. The st