Receive Breaking News updates as they occur
Mining magnate Gina Rinehart said Tuesday that high costs were hurting resources investment in Australia, as a study found that only the country's agriculture sector was strongly competitive compared with the United States. Rinehart, Australia's richest person, said the resources-rich nation needed to "lower its costs and compete for investment" if it wanted to stop miners from moving to other countries. "One of the things Australia has to learn and appreciate is that for us (miners) to export, people aren't going to buy products because they like Australians -- forget it," Rinehart told The Australian newspaper. "And this is a really big challenge for Australia because we've got very high costs and we've really got to work hard on that if we want to sustain our future, and a good future."
SALT LAKE CITY (AP) — The FBI thoroughly searched its archives and found no evidence that more videos of the Oklahoma City bombing exist, agency employees told a judge Monday in a trial that has rekindled questions about whether any others were involved in the 1995 attack.