IMF warns: Australia heading towards inflation crisis
The International Monetary Fund (IMF) has warned that Australia is on track to record one of the highest inflation rates among developed economies. In its latest World Economic Outlook, the global lender said economies worldwide
PM promotes plan to ‘unite community’ after Bondi beach attack
Prime Minister Anthony Albanese has promoted a new government-backed initiative aimed at fostering unity and social cohesion in the wake of the terrorist attack at Bondi Beach, as Australia continues to grapple with grief, anger
May you have a Blessed Christmas
filled with light and hope The Stamoulis family, the management, and the staff of GREEK MEDIA GROUP wish you and your family a Merry and Blessed Christmas.As we celebrate this magical season, our thoughts are
Australian father stranded in Iraq issues urgent Christmas plea amid legal limbo
An Australian father, Dr. Robert Pether, who spent more than four years in an Iraqi prison under what he calls “bogus charges,” has issued a desperate Christmas plea, urging Australians to push the government to
Melbourne teens being recruited ‘Airtasker-style’ to commit violent crimes
Melbourne is facing a growing youth crime crisis, with teenagers being groomed by criminal networks to carry out violent acts in public. Some are promised payment for car hijackings, motor vehicle theft, and jewellery robberies,
Former liberal MP Dr Katie Allen dies aged 59
Former federal Liberal MP Dr Katie Allen has died at the age of 59, only months after publicly revealing she was battling a rare and aggressive form of cancer. Dr Allen represented the Melbourne seat
Sussan Ley: “Stand with those who are hurting” this Christmas
Opposition Leader Sussan Ley has used her first Christmas message in the role to deliver a unifying appeal to Australians, urging the nation to stand together in the wake of the devastating Bondi Beach terror
Turkey cries foul as Greece boosts Aegean firepower
Greece has taken a significant step forward with its new defence agreement with Israel. The government in Athens has decided to strengthen its arsenal by acquiring PULS multiple-launch rocket systems, with a range of between 35 and 300 kilometres. Following approval by the Greek Parliament, the agreement was signed and
Thessaloniki mayor vows to protect city’s Jewish heritage
Thessaloniki Mayor Yiannis Boutaris said Friday that Jewish monuments will be repaired, no matter how many times they are vandalized. “Even if they vandalize the monuments 100 times we will repair them 110 times,” said
Greece is the third largest investor in the FYROM
Greek companies have invested 473 million euros over two decades in the Former Yugoslav Republic of Macedonia (FYROM), according to data released by Skopje’s National Bank. This makes Greece the third largest investor in FYROM
Who owns the Acropolis of Athens? An “unknown owner”…
The Acropolis of Athens narrowly escaped the risk to be target of property hunters after the Culture Ministry failed to claim the ownership on time. In the Hellenic Cadastre it was regi-stered to have an
A blackmailed Prime Minister is not a Prime Minister!
For days now and since the confidence vote and the ratification of the Prespa Agreement, the government, the political system, and, by extension, the entire country, are faced with a “pending institutional issue” and have
Greece warns Turkey ahead of Imia crisis anniversary
In what was seen as a thinly disguised warning against Turkey, newly appointed Defense Minister and former chief of the Hellenic National Defence General Staff Evangelos Apostolakis said Greece will staunchly defend its national sovereignty
Mitsotakis says greece should Veto skopje’s accession to EU
As the Greek Parliament voted in favor to ratify the Prespa agreement on Friday, main opposition leader Kyriakos Mitsotakis released a statement saying that he is prepared to “fight” what might happen as a result
Orbán’s masterstroke leaves Brussels in checkmate
In a display of political manoeuvring so bold it borders on the theatrical, Viktor Orbán appeared to recognise early that the European Union, George Soros, Barack Obama and the wider globalist establishment were aligned against him. With little credible left-wing opposition remaining in Hungary — none surpassing the modest 5
Japan did not invite Israel to the U.S. nuclear bombing commemoration
The mayor of Nagasaki, not only dismissed the invitation of the ambassador of Israel but invited the ambassador of Palestine instead. The well-known professional democrats from the G7 and EU threatened him and in the
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
