Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
Trump turns up the heat: Australia pressured to boost defence spending or face trade penalties
The Trump administration is putting mounting pressure on Australia to drastically increase its defence spending, aligning with NATO’s new benchmark of 5% of GDP. While NATO allies recently accepted this demand, Australia is resisting calls
Sussan Ley Vows to Boost Female Representation in Liberal Party Amid Quota Debate
Sussan Ley, newly elected leader of the federal Liberal Party, has pledged to increase the number of women within the party’s ranks, acknowledging a deepening gender divide that contributed to the Coalition’s landslide defeat at
Australia sets tougher PFAS guidelines amid health concerns — But experts warn of high costs
The Australian Government has introduced stricter national limits on cancer-linked “forever chemicals” in drinking water, in a move welcomed by health and environmental experts—but one that could impose significant financial burdens on communities, particularly in
Australia designates white supremacist network Terrorgram a terrorist organisation
In a decisive move to combat domestic extremism, Australia has formally designated the white supremacist online network Terrorgram as a terrorist organisation. The announcement, made by Home Affairs Minister Tony Burke on Thursday, grants law
Key quad meeting in Washington: Australia at the forefront of Indo-Pacific strategy
In a pivotal diplomatic gathering on July 1, the foreign ministers of the United States, India, Japan, and Australia will convene in Washington for the 2025 Quad Foreign Ministers’ Meeting, with US Secretary of State
No panic at the pump: Fuel prices hold steady despite Iran-Israel ceasefire
Despite recent tensions in the Middle East and fears of a global oil shock, fuel prices across Australia have remained surprisingly steady. The ceasefire between Iran and Israel — announced after a series of intense
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the measures is estimated to reach between €1.5 and €2 billion, with the primary goal of
Tempi in the European Parliament on 19 June – ND–European People’s Party manoeuvres fall flat
The European People’s Party (EPP) and its allies have failed in their attempt to cover up the Tempi crime. The Conference of Presidents of the European Parliament has officially approved the inclusion of the matter
Northern Epirus Youth: Himarians reject Mastoras at Rama’s Himara rally
3 May 2025 will remain etched in the collective memory of Himara and all of Northern Epirus as a day of deep insult and bitter disappointment — a day that underscored the daily mockery and
Turkey’s invasion plans for Greece blocked by US, France, sparking Erdogan’s fury
Turkey’s contingency war plans against Greece, particularly targeting Western Thrace and the Aegean islands, have suffered a serious setback due to the expanded military presence of the United States and France in support of Greek
Greek court awards damages for AstraZeneca Vaccine side effect, a legal first
In a landmark ruling, a Greek court has, for the first time, awarded financial compensation to a citizen who suffered a serious adverse reaction following vaccination with AstraZeneca’s COVID-19 vaccine. TGreek court awards damages for
Attack on Thrace and the Aegean planned by Islamist Erdoğan
Nordic Monitor unveils full invasion plan against Greece – How US and French presence has derailed the offensive. An Attack on Thrace and the Aegean was planned by Islamist Erdoğan. Turkey’s emergency war plans against
Karystianou, “For three minutes, my daughter was alive”
In a powerful statement to the Sunday Times, one of Britain’s leading newspapers, Maria Karystianou expressed her determination to see justice served in the Tempi rail disaster. Karystianou, “For three minutes, my daughter was alive”,
Netanyahu and Trump discuss Israel’s plans to attack Gaza
Israeli Prime Minister Benjamin Netanyahu spoke by phone on Sunday with US President Donald Trump, where they discussed in detail Israel’s plans for a new military operation in the Gaza Strip. The conversation was made public in an official statement from the Israeli prime minister’s office, which released the basic
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?
