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
Inflation drops to 3.5 per cent
Inflation has eased to 3.5 percent, down from June’s 3.8 percent, raising speculation about a potential cash rate cut by the Reserve Bank of Australia (RBA) before its next meeting on September 24. The July Consumer
Liberals celebrate decisive victory in NT
Northern Territory Country Liberal Party (CLP) leader Lia Finocchiaro has celebrated a decisive victory in the recent election, ending eight years of Labor rule. The CLP won at least 15 of the 25 parliamentary seats,
2.9 million Australians use pay-on-demand services
With the cost of living putting more pressure on Australians, the use of pay-on-demand services has surged. New data from Finder shows that 14 percent of Australians—about 2.9 million people—have utilized these services in the
Fears for escalation tensions leads Jewish and Islamic schools to increase security
In response to rising cultural and religious tensions, numerous Islamic and Jewish schools across Australia are enhancing their security measures. The increased security comes amid concerns over potential violence linked to the Israel-Gaza conflict and
Magnitude 5.0 earthquake reported in NSW’s Upper Hunter region
A 5.0 magnitude earthquake has shaken parts of New South Wales. The earthquake epicentre was near the mining town of Denman, about 250km north of Sydney, at 10km deep. It was felt across the state,
Australia calls for protection of Gaza war cemetery amid Hamas threat
The Australian government has strongly condemned any threats to desecrate war graves following the revelation of a Hamas plot to exhume the remains of Australian soldiers. The conspiracy, detailed in a seven-page document discovered in
Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi train disaster of February 28, 2023. The committee, formally tasked with investigating whether Karamanlis committed
When calves seek shade at the beach you know it’s Heat Wave in Greece
Heat wave in Greece: It is currently so boiling hot in Greece that even calves seek the beach and shade under the sun umbrella. A swimmer was surprised to see a calf to have made
Austerity, unemployment behind ND lanslide
‘I am committed to fewer taxes, many investments, for good and new jobs, and growth which will bring better salaries and higher pensions in an efficient state’ Mitsotakis said. Greece’s opposition conservatives returned to power
Mitsotakis to CNBC: Talks with European partners will begin immediately; ND has presented a clear plan, ‘without surprises’
Kyriakos Mitsotakis’ first press statements after Sunday’s election victory by his center-right New Democracy (ND) came during an interview to CNBC, where he expressed gratitude over the election result – which will make him prime
The importance of the Greek Exclusive Economic Zone
In 1967, Malta’s Ambassador to the United Nations, Arvid Pardo, called for an international conference to devise a new law of the seas. In this call, he referred to the oceans as “the common heritage
Lamda Development warns against last-minute ministerial decisions regarding delay-plagued Helleniko project
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given that the privatization remains mired in Greece’s ubiquitous “red
Greece sees its future as the Florida of Europe
Tourists in hats, cameras slung around their necks, crane them for a view. In the heart of old Athens, it is a reminder that the holiday season has begun. Last week as parties from cruise
Targeted and abandoned: Greeks of the Levant massacred in Damascus as Greek foreign policy falters
In a horrific act of terror that has sent shockwaves through global Christian communities, it is clear that the Hellenes of Syria are targeted and abandoned: Greeks of the Levant massacred in Damascus as Greek foreign policy falters. A suicide bomber attacked the Greek Orthodox Church of Mar Elias in
“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?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
