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The Institute for Economics and Peace has found that the global economic downturn has affected peace around the world. Conversely, lost peace cost the world economy $7.2 trillion a year. The institute, an organisation that aims to link peace with prosperity, has released a study alongside their annual Global Peace Index showing the effects of [...]
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The Federal Government has increased its funding to the Department of Foreign Affairs and Trade in the latest Federal Budget, delivered last night by Treasurer Wayne Swan. The $106.5 million in extra funding will target three key areas: diplomacy and national security; trade; and protection of Australians abroad. The Government has allocated another $106 million [...]
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