Hello, Australia! - The opposition savages the government's targets for cutting carbon - Greece reaches a deal on a new bailout - After cutting cattle imports, Indonesia comes knocking - And more in your CareerSpot Global News Briefs:

Prime Minister Tony Abbott announced Australia plans to cut greenhouse gas emissions by between 26 and 28 percent below 2005 levels by the year 2030.  But Labor says that is not good enough, and the Greens say Abbott is trying to pull a fast one.  "The Prime Minister is trying to artificially inflate his pathetically weak targets," said Greens environment spokeswoman Larissa Waters.  "When you look at the baseline year that the Prime Minister has adopted, he's trying to squib the figures, he is changing the goal posts and using 2005 as a baseline year when almost the rest of the world is using the year 2000."  As it turns out, 2005 was a particularly high year of emissions.

Greece and its European creditors reached a new multi-billion euro bailout deal.  Reuters news agency is quoting a Greek Finance Ministry official as saying, "An agreement has been reached. Some minor details are being discussed right now."  An agreement should keep the country in the eurozone and avert bankruptcy.  Earlier, the two sides had reached a deal on Greece's fiscal targets, which would see Athens aiming for a surplus from 2016.

Even if Greece defaults on its debts, Germany is still going to come out ahead on the deal.  As Greece swirled around the drain, investors seeking to flee the instability sought safety in German bonds, according to a report from the German IWH Institute (.pdf link).  It allowed the German government to save some 100 Billion Euros in lower borrowing costs.

Indonesia issued import permits for another 50,000 head of Australian cattle.  Earlier, Jakarta had slashed the number of permits by 80 percent from the previous quarter.  But the price of beef skyrocketed, customers couldn't afford it, and butchers went on strike to register their displeasure.  Agriculture Minister Barnaby Joyce's office welcomed the news.

Authorities in Ferguson, Missouri - a St. Louis suburb no one ever heard of before last year's police killing of unarmed black teenager Michael Brown - declared a state of emergency after protests on the anniversary turned violent.  As happened so many times last year, the peaceful protests ended and the trouble and fighting started.  Police say two rival groups started shooting at each other, and police shot and critically wounded another teen.