Albanese and Chalmers under pressure to act on negative gearing reform
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are facing renewed pressure to overhaul Australia’s negative gearing rules amid growing concern about housing affordability and younger Australians being locked out of the property market. Unions
Australia to euthanize 90 whales stranded in Tasmania
Australian authorities have made the difficult decision to euthanize 90 whales that were stranded on the shores of Tasmania after failed attempts to return them to the water. A total of 157 pilot whales became
Australia: Underwater structure taller than the Empire State Building discovered
Scientists exploring the Great Barrier Reef off the coast of Australia have uncovered a massive new reef that rises 500 meters from the seafloor. This colossal underwater structure surpasses the height of some of the
RBA announces quarter-point reduction in cash rate to 4.1%
The Reserve Bank has announced a quarter-point reduction in the cash rate to 4.1%. The decision is a sign the RBA believes inflation is being tamed, and there is room to ease pressure on mortgaged
New rules for Aussie Community Grants slammed as ‘woke’ and ‘ridiculous’
The Albanese government has faced backlash for altering the Stronger Communities program, which thousands of local sports clubs and community groups rely on for funding. The revised guidelines now prioritise spending on initiatives like First
Suburban Rail Loop funding released amid continued controversy
The Albanese government has announced the release of $2.2 billion in funding for the controversial Suburban Rail Loop (SRL), a promised contribution from the last federal election. This funding, however, comes with strict conditions and
Victoria Police Chief Commissioner Shane Patton resigns amid leadership crisis
In a dramatic turn of events, Victoria Police Chief Commissioner Shane Patton has resigned just days after a scathing vote of no confidence in his leadership. The decision to step down came following increasing scrutiny
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
Archbishop’s Easter message calls for the ‘Expulsion of the Turkish invader”
The Easter message of Archbishop George of Cyprus, as translated into Turkish and broadcast by a Turkish Cypriot “news agency,” has drawn sharp criticism from Turkish Cypriot politicians. The Archbishop’s Easter message calls for the
Greece defeats Hungary to win Women’s Water Polo World Cup
Greece defeats Hungary to win Women’s Water Polo World Cup in Chengdu, China, overcoming Hungary 13–9 on Easter Sunday morning. Harry Pavlidis’ side earned their place in the final after a thrilling 15–13 win over
Ancient Greek comes alive: The Active Method gains ground in Greece
In recent years, a growing number of educators and scholars in Greece and abroad have embraced the active method for teaching Ancient Greek, treating it as a living, spoken language rather than merely an academic
The ultimate guide to Greek Orthodox Easter
Greek Easter: A Celebration of Faith, Tradition, and Feasting. The ultimate guide to Greek Orthodox Easter. It’s no secret that Greeks love Easter (“Pascha”). In the Orthodox Christian Church, it’s the most important religious holiday
It took a CJEU ruling for Greece to release the marine plots map
They agonizingly insist that this is not an exercise of sovereignty! It took a CJEU ruling for Greece to release the marine plots map. After waiting for the country to be condemned by the EU
Greece’s reckless gamble: Enabling Turkish provocations at the cost of national sovereignty
One of the first things that history teaches us is that it repeats itself. And one of the first things that experience (must) teach us is that anyone who repeatedly makes the same mistakes will
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?
