An overwhelming majority of the residents of New Zeeland still are favourable towards international tourism indicating that it promotes economic growth but the proportion of those feeling that international visitors arriving in New Zealand are putting too much pressure on the country, has grown.

On Monday, Iran said it would move to the International Court of Justice at The Hague to sue the U. S to stop the allocation of close to $2 billion in held assets from Iran's central bank, to recompense the American victims of overseas attacks which the U. S attributes to Iranian operatives.

According to sources, France surpassed bids from Germany and Japan and won the A$50 billion or $40 billion contract for building Australia's new fleet of submarines. The contract went to French naval contractor DCNS. The budding defence export industry of Japan suffered a major blow by losing the contract.

In the first three months of the year the core inflation in Australia have probably eased further but most economists say that it will not be sufficient to power a cut in the cash rate.

According to them, the focus of the Reserve Bank of Australia on the boosting the labor market and spurring business confidence and growth means, the financial agency will look through softer consumer price data as it is expected to be published in this week on Wednesday.

US analysts predict that Costco could raise its annual membership fees next year. The action might be mainly due to slowing growth in revenue. The prediction says the retailer might spike its yearly fees by approximately ten percent in the coming year.

On Friday, Michael Lasser , an analyst with New York  based UBS said, he was not completely sure that the company will raise the fees but he was projecting firm growth for Costco next year , partially counting  the expected increase.

Food and Drug Administration controls the fate of so many people and the government agency can also deny children a treatment which might help them to walk.