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
Housing prices at record new highs
House prices across the country have reached new highs, exacerbating the cost-of-living crisis for ordinary Australians. According to PropTrack’s monthly house price index released on Tuesday, national house prices rose by 0.23% in April to
Australia’s thrilling dawn services and marches honour the Anzacs
Australians came together in a moving show of remembrance, defying the chill of the early morning to join dawn services nationwide, honoring the brave souls who served both at home and abroad. Australia’s thrilling dawn
Australia’s defence strategy focuses on the Pacific
Australia has unveiled its national defence strategy, with a particular focus on the Pacific to counter China’s “coercive tactics”. The 80-page document paints a bleak picture of security in the Pacific and calls for a
Assessing the electoral landscape: Labor’s potential triumph in the current political climate
As the political arena heats up in anticipation of the upcoming elections, all eyes are on the shifting dynamics between the Labor Party and the Coalition. Recent polling data suggests that if an election were
Albanese hints at easing HECS/HELP burden as debt grows
Student debt is a major issue in the lives of many Australian students. With growing concern about how this debt is calculated and managed, the Parliamentary Library is attempting to forecast the impact of potential
The knife attack on Bishop Mar Mari Emmanuel declared a “terrorist act”
A 16-year-old boy is in custody on Tuesday after the attack at Christ the Good Shepherd Church in Wakeley overnight where Bishop Mar Mari Emmanuel was stabbed as the incident was broadcast on the church’s
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.
