No Panic at the Pump: Fuel Prices Hold Steady Despite Iran-Israel Ceasefire
Despite recent tensions in the Middle East and fears of a global oil shock, fuel prices across Australia have remained surprisingly steady. The ceasefire between Iran and Israel — announced after a series of intense
Rescue in Melbourne: students rescued from burning boat
Dozens of students were rescued from a burning boat in Melbourne’s Port Phillip Bay this morning. The serious situation forced the boat’s crew to call for help and spring into action to save the occupants.
Record number of migrants in January
The influx of migrants to Australia hit a record number in January, despite the Albanese government’s plan to slow the wave of new arrivals, leading to what legendary businessman Dick Smith called a “disaster for
RBA keeps cash rate at 4.35%
The cash rate will remain at 4.35% following the Reserve Bank of Australia’s (RBA) March monetary policy meeting. The decision was largely expected, as the latest Australian Bureau of Statistics data showed annual trimmed mean
$216 Billion: The cost of Victoria’s Suburban Rail Loop
The cost of building and operating the Allan Government’s new underground rail loop through Melbourne’s city centre, which will take five decades to build, has soared to $216 billion, according to an independent study. Estimates
Using Super for home deposits would inflate property prices by $75,000, study claims
A recent study suggests that a Coalition proposal allowing first-time homeowners to use their super for a house deposit could lead to a significant surge in prices, potentially raising property values by nearly $75,000 across
Australian PM is the first Western leader referred to ICC as ‘Accessory to Genocide in Gaza’
More than 100 lawyers endorsed the referral, which points to the military, intelligence, and rhetorical support Prime Minister Anthony Albanese has provided to the Israeli government. Australian Prime Minister Anthony Albanese, along with several Western
Tensions flare with Libya over offshore licensing south of Crete
An unexpected complication has emerged ahead of Greek Foreign Minister George Gerapetritis’ planned visit to Libya, where he was due to hold meetings in both Tripoli and Benghazi. Tensions flare with Libya over offshore licensing south of Crete when the interim Libyan government issued a sharp statement accusing Greece of
Turkey stops the Divine Liturgy at Panagia Soumela on 15 August
Turkey is putting an end to the celebration of August 15 at Panagia Soumela in Trapezounta (Trebizond) and the “Kyra of Pontus” will not be reopened for divine service on one of the most important
Greece must shift its mindset to tackle future wildfires
Focusing solely on firefighting without a broader prevention strategy will make it difficult for EU countries to manage future wildfires, according to a Greek expert, where thousands of hectares of forest were recently destroyed in
Total failure in Greece’s fire prevention as 3.2 million acres burned since 2021
Attica is in flames, people are being violently displaced and no one can predict where this drama will end…The government’s attempt to wash out criticism of the government is evident from the TV broadcasts where
Real estate is a big business force in the Cyclades
Which Cycladic islands have seen the most property sales in the past five years? While Santorini and Mykonos are commonly thought to lead due to their popularity, the actual data reveals a different story. According
Greece’s wildfires trigger widespread evacuations and warnings
Tourists traveling to Greece have been warned of extreme weather and wildfires as thousands of people were evacuated from areas near Athens. On Sunday, residents were forced to flee their homes as a fast-moving wildfire,
Turkey and Turkish Cypriots “Torpedo” Cyprus Talks
The leader of the Turkish Cypriot entity, Ersin Tatar, is systematically “torpedoing” UN efforts to restart negotiations aimed at resolving the Cyprus issue. Meanwhile, the Turkish government, with President Recep Tayyip Erdogan at the forefront,
EU Reclaims Role in Cyprus Talks: Strategic Greece–Cyprus–Israel Alliance Challenges Turkey
The European Union is stepping up its involvement in resolving the long-standing Cyprus conflict, with its special envoy Johannes Hahn holding his first official meeting with Cypriot President Nikos Christodoulides. This move signals Brussels’ renewed commitment to facilitating UN-led negotiations and using EU leverage to push for progress. Cyprus has
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.
