IMF warns: Australia heading towards inflation crisis
The International Monetary Fund (IMF) has warned that Australia is on track to record one of the highest inflation rates among developed economies. In its latest World Economic Outlook, the global lender said economies worldwide
Cost-of-living pressures push Australians into side hustles
As the cost of living continues to rise, more Australians are turning to “side hustles” — small, independent income streams — to supplement their wages and manage day-to-day expenses. According to new research from Westpac,
Millions of Australians face sharp rise in health insurance premiums amid soaring costs
Millions of Australians with private health insurance are set to face a significant increase in their annual premiums next year, marking the steepest rise in more than five years. The change comes as private health
Aussie children targeted by Roblox scammers in alarming new online trend
Australian parents are being warned about a disturbing rise in online scams targeting children on the popular gaming platform Roblox, with some families losing hundreds or even thousands of dollars after their kids were tricked
Disgraced ex-Queensland police officer fails to overturn conviction for heinous child abuse
A former Queensland Police officer, Ross Kouimanis, who was sentenced to eight years in prison for the vile abuse of a young boy more than twenty years ago, has failed in his attempt to overturn
Liberal senator Sarah Henderson withdraws support for Sussan Ley amid leadership turmoil
Liberal Senator Sarah Henderson has publicly withdrawn her support for Opposition Leader Sussan Ley, warning that the Liberal Party is in crisis and losing touch with voters. In an interview with Sky News, Senator Henderson
China to resume imports of Australian canola after five-year ban
In a major breakthrough for Australian agriculture, China has agreed to import 65,000 tonnes of Australian canola for the first time in five years, marking what experts say could be the start of a renewed
Turkey cries foul as Greece boosts Aegean firepower
Greece has taken a significant step forward with its new defence agreement with Israel. The government in Athens has decided to strengthen its arsenal by acquiring PULS multiple-launch rocket systems, with a range of between 35 and 300 kilometres. Following approval by the Greek Parliament, the agreement was signed and
Thessaloniki mayor vows to protect city’s Jewish heritage
Thessaloniki Mayor Yiannis Boutaris said Friday that Jewish monuments will be repaired, no matter how many times they are vandalized. “Even if they vandalize the monuments 100 times we will repair them 110 times,” said
Greece is the third largest investor in the FYROM
Greek companies have invested 473 million euros over two decades in the Former Yugoslav Republic of Macedonia (FYROM), according to data released by Skopje’s National Bank. This makes Greece the third largest investor in FYROM
Who owns the Acropolis of Athens? An “unknown owner”…
The Acropolis of Athens narrowly escaped the risk to be target of property hunters after the Culture Ministry failed to claim the ownership on time. In the Hellenic Cadastre it was regi-stered to have an
A blackmailed Prime Minister is not a Prime Minister!
For days now and since the confidence vote and the ratification of the Prespa Agreement, the government, the political system, and, by extension, the entire country, are faced with a “pending institutional issue” and have
Greece warns Turkey ahead of Imia crisis anniversary
In what was seen as a thinly disguised warning against Turkey, newly appointed Defense Minister and former chief of the Hellenic National Defence General Staff Evangelos Apostolakis said Greece will staunchly defend its national sovereignty
Mitsotakis says greece should Veto skopje’s accession to EU
As the Greek Parliament voted in favor to ratify the Prespa agreement on Friday, main opposition leader Kyriakos Mitsotakis released a statement saying that he is prepared to “fight” what might happen as a result
Orbán’s masterstroke leaves Brussels in checkmate
In a display of political manoeuvring so bold it borders on the theatrical, Viktor Orbán appeared to recognise early that the European Union, George Soros, Barack Obama and the wider globalist establishment were aligned against him. With little credible left-wing opposition remaining in Hungary — none surpassing the modest 5
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?
