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
How to spend $150m Powerball winnings
Australia’s Powerball has jackpotted to $150 million. A personal finance expert shares the smart thing to do if you win. Australia’s Powerball jackpot has soared to a staggering $150 million but even that much cash
At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall
A central focus of this week’s budget is the treasury’s forecast for inflation. By this time next year, inflation is projected to be back within the Reserve Bank’s 2-3% target range. Inflation has dropped dramatically
Markos Seferlis is gearing up to unleash waves of laughter in Australia!
Ta Nea newspaper and 3XY Rdio Hellas will soon reveal further information regarding Markos Seferlis’s upcoming comedy performances in Melbourne, Sydney, and Adelaide. Renowned Greek comedian Markos Seferlis is scheduled to grace Australian shores this
AMA welcomes sickly sweet sugar tax calls
Australia should introduce a tax on sugary drinks to help combat obesity and diabetes according to the Australian Medical Association, in a call backed by a new report from the Grattan Institute. AMA President Professor
What just happened to Bonza? Why new budget airlines always struggle in Australia
The history of budget jet airlines in Australia is a long road littered with broken dreams. New entrants have consistently struggled to get a foothold. Low-cost carrier Bonza has just become the industry’s latest casualty,
Australia’s universities ranked 4th as a study destination
The high cost of living and tuition fees in Australia led the country to lose the top spot in the university rankings it shared with Canada, while uncertainty over government immigration policy contributed to that
Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means available—carrot and stick—to ensure this route is not consolidated,” he stressed. Mitsotakis announced that the
Colossal Amphipolis monument to open possibly by 2021
Greece’s Minister of Culture and Sports Lina Mendoni visited on Friday the monument of Casta in ancient Amphipolis, near the city of Serres in Central Macedonia, Greece. After her visit, Mendoni described it as “a
Greece and Cyprus record EU’s largest quarterly employment increase
According to the latest data collected by Eurostat, the nations of Cyprus and Greece recorded the largest increase in employment in the entirety of the EU during the second quarter of 2019. More specifically, Cyprus recorded
PM Mitsotakis reveals his policy program with tax reliefs
Greek Prime Minister, Kyriakos Mitsotakis, presented his multi-faceted agenda of measures regarding tax reliefs, labor regulations, less bureaucracy through digitization and investment. During his speech at Thessaloniki International Fair, the Prime Minister stressed that his
Study finds that Greeks drink much less alcohol than most other Europeans
According to a recent study conducted by the World Health Organization (WHO), the Greeks drink less alcohol than the average European. More specifically, the WHO study includes findings from thirty different European countries (the 28
Family of American who died in Greece “saves” 8 people by donating his organs
The family of a 30-year old American citizen who died in Greece recently, decided to donate his organs, saving the lives of eight different people. The unfortunate man was spending his summer holidays on Greece’s
Migrants arriving from Turkey, sleep on the streets on Greece’s Symi
The problem of the increasing migrant flows from Turkey to European shores was recently highlighted by the local authorities of the island of Symi. Symi is a small, picturesque island in the Dodecanese archipelago, that
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 to push its military budget beyond its current trajectory of 2.3% of GDP—well short of
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?
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.
