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
Brake fire on Virgin Australia plane quickly contained at Brisbane Airport
Emergency crews rushed to Brisbane Airport on Thursday evening after a Virgin Australia aircraft experienced a small brake fire moments after landing. The Boeing 737, operating flight VA454 from Darwin, touched down shortly before 7pm
Australia exported two decades’ worth of gas in just five years, report finds
Australia has exported enough natural gas in the past five years to meet domestic needs for more than two decades, according to a new report that has reignited debate over energy policy and national security.
Super beaver moon and meteor showers to illuminate Australian skies tonight
Australian stargazers are in for a celestial spectacle tonight, with a dazzling “super beaver moon” lighting up the night sky, followed by an impressive meteor display later this month. The beaver moon is the traditional
ASIO chief warns: At least three foreign nations willing to kill on Australian soil
Australia’s top intelligence chief has issued one of the country’s starkest national security warnings in years, revealing that at least three foreign nations are willing and capable of carrying out assassinations on Australian soil. Speaking
Reddit and Kick added to Australia’s under-16 social media ban
Australia has expanded its upcoming under-16 social media ban to include Reddit and the Australian streaming platform Kick, just five weeks before the law takes effect. The two platforms join a growing list of services
Interest rates remain unchanged at 3.6% — RBA says “It’s not yet time to ease”
The Reserve Bank of Australia (RBA) has decided to keep the official cash rate steady at 3.6%, confirming predictions from the nation’s four major banks and sending a message of “patience” to borrowers hoping for
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
BrahMos missiles and Tejas Fighters? What India proposed to Greece
During his official visit to New Delhi, Greek Defence Minister Nikos Dendias laid the groundwork for a new chapter in Greece–India defence relations. BrahMos missiles and Tejas Fighters? What India proposed to Greece is one
Greece faces shame as Pontic genocide decendant faces deportation to Turkey
Emeritus Professor of History Konstantinos Fotiadis has sent a formal letter to Greece’s Minister for Migration and Asylum, Thanos Plevris, regarding the case of Yannis Vasilis Yaylalı. Greece faces shame as Pontic genocide decendant faces
Calm waters in the Aegean: what Mitsotakis and Erdoğan agreed on — and where they still disagree
A meeting aimed at stability The meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan in Ankara, held during the 6th Greece–Turkey High-Level Cooperation Council, confirmed that the current phase of
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for
The Epstein files reveal how Greece was used to bail out French and German banks
At first glance, the eurozone’s handling of the Greek debt crisis, the revelations contained in the Jeffrey Epstein files, and the vast financial support now flowing to Ukraine appear to belong to entirely different worlds.
Turkey’s provocation playbook: Escalation disguised as diplomacy
Turkey’s provocation playbook: Escalation disguised as diplomacy — just days before a scheduled meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan, Ankara has stepped up its aggressive rhetoric, once again
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
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
