Australia to mandate cash payments for essential purchases from 2026
Australia will introduce a nationwide cash mandate requiring major grocery and fuel retailers to accept cash payments from January 1, 2026, in a move aimed at protecting consumers who rely on physical currency for everyday
Inflation shock crushes hopes for RBA Melbourne Cup Day rate cut
Melbourne mortgage holders have been dealt a blow after new inflation data released today revealed a higher-than-expected surge in prices, effectively ending speculation about a potential Reserve Bank of Australia (RBA) rate cut on Melbourne
Australia faces growing crisis as problem gambling hits record levels
A new study by Roy Morgan has revealed that nearly 3.5 million Australians identify as either problem or at-risk gamblers, highlighting a growing social and financial crisis. Of these, 622,000 people are classified as problem
Pauline Hanson’s One Nation Party rebrands amid rising support and Joyce speculation
Pauline Hanson’s One Nation party is undergoing a significant rebranding, with Queensland Senator Pauline Hanson announcing that the party will drop her name from its official title, becoming simply One Nation. The move comes amid
Scammers now targeting Australian children: one in five families affected
Almost one-and-a-half million Australian children have fallen victim to scams over the past two years, according to alarming new research from Finder. The survey reveals that one in five parents said their child was scammed
Japan urges Albanese at ASEAN to lead regional push against China
Japan’s first female Prime Minister, Sanae Takaichi, has called on Anthony Albanese to “spearhead efforts” for a free and open Indo-Pacific, urging closer Japan–Australia leadership in response to China’s growing assertiveness in the region. During
RBA Governor Michele Bullock: “Stamp duty is stifling Australia’s economic mobility”
Australia’s Reserve Bank Governor, Michele Bullock, has identified stamp duty as one of the greatest structural barriers preventing the nation from solving its housing and labour market challenges. Speaking at the Daily Telegraph’s Future Sydney
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The announcements were described as some of the most substantial interventions of the current parliamentary term.
Proposed 350 Million Euro investment for Cannabis production in Greece
A total of thirty separate proposed foreign investments in medical and industrial cannabis production have been submitted to Greek authorities for approval, it was revealed on Sunday. According to sources quoted by the Athens-Macedonian News
Greek Ministry of Justice refutes reports on terrorist Koufontinas’ new furlough
The Greek Ministry of Justice, Transparency and Human Rights denied Saturday reports suggesting that the terrorist of “November 17” group Dimitris Koufontinas was granted another 6-day furlough. Earlier on Saturday, many Greek media outlets reported that
North Macedonia term “compulsory from next week” Greek Foreign Ministry says
North Macedonia, which is the new name of the Former Yugoslav Republic of Macedonia (FYROM), “will have to be used by every part” from next week, Greece’s Alternate Foreign Minister George Katrougalos said, speaking with
High rents force Mykonos’ businesses to shut down
The high prices owners demand from businessmen to pay for rent at Mykonos‘ highstreet of Matogianni, has led many businesses to shut down. Residents of the popular Greek island say that some owners ask for outrageously
The detestable trade in MPs, votes
The image of Parliament over the last days is absolutely disheartening and reflective of the political crisis that has beset the country. The representatives of the people, deserted and faceless, as the poet says, bargaining
Tsipra’s visit to Ankara: preparation of a painful compromise?
Recently there have been announcements by the Turkish National Security Council according to which not even a bird can fly in the Aegean and the South East. Mediterranean without Turkey’s approval. To defend Turkey’s interests,
Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes in the Eastern Mediterranean. Speaking to the Libyan News Agency, just days after an official
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?
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
