On Monday 23 April 2012 a Guardian newspaper headline read: "Conservatives turn three-point opinion poll lead into eight-point deficit" in a story which illustrated the travails of being in government and not getting the PR quite right - on this occasion over Chancellor George Osborne's Budget. The poll covering Westminster voting intentions, was conducted for the newspaper by ICM and showed that the Conservatives had slumped to 33 per cent, a fall of six per cent which accounted for nearly all of Labour's gain of five per cent to 41 per cent
All the ingredients for the Australia n central bank to cook up a rate reduction on May 1 are present, economists said, further making a strong case for a cash rate push back on Tuesday, which has been expected and demanded by many local industries. The bond market has reached subdued levels, according to Australia & New Zealand Banking Group (ANZ), while official government figures pointed to the likelihood that inflation for much of the current year would remain within the target band set by the Reserve Bank of Australia (RBA).
Turkish police and government are bracing for massive May Day rallies on Tuesday, with an expected contingent of 14,000 police officers to be deployed in Istanbul to ensure security. The Mayor of Istanbul Hüseyin Avni Mutlu told reporters: “The Istanbul Police Department has taken the necessary measures to ensure a peaceful demonstration that will cause no problems to either demonstrators or other people in the demonstration areas.” Security officials will also be deployed across nearby cities, including Sakarya, Kocaeli and Balıkesir.
Western powers that led the space race for the past 55 years now face stiff competition from China . On Monday, a Chinese Long March 3B rocket successfully lifted off to carry the country's 12th and 13th global navigation satellites into orbit