Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
Retailers call for national crackdown on crime as abuse surges
Retailers across Australia are calling for urgent government action in response to a sharp increase in retail crime and abuse against staff, revealed at the 2025 Retail Crime Symposium in Melbourne. The latest figures show
Over 500 Working With Children check failures uncovered by tech firm Oho
A leading tech company specialising in child safety has discovered more than 500 workers and volunteers across Australia with invalid or revoked Working With Children Checks (WWCC), sparking fresh concern about flaws in the nation’s
Australia lifts restrictions on US beef in move toward tariff negotiations
Australia has officially lifted its long-standing biosecurity restrictions on American beef imports, in what is widely seen as a strategic move to gain leverage in ongoing tariff negotiations with the United States. Prime Minister Anthony
Nearly 3,000 Range Rovers recalled in Australia over dangerous airbag defect
Canberra, July 23, 2025 — Almost 3,000 Range Rover Evoque vehicles are being urgently recalled across Australia amid safety concerns that the front passenger airbag may tear during deployment, potentially exposing occupants to hot gases
All STD tests so far negative in childcare abuse investigation, Victorian Government confirms
Melbourne, July 23, 2025 — All sexually transmitted disease (STD) test results returned so far in the police investigation into accused childcare sex offender Joshua Dale Brown have come back negative, according to Victorian Deputy
Online shopping booms as Aussies anticipate rate cuts and feel inflation easing
Australians have turned to their screens in record numbers, spending a staggering $69 billion online over the past financial year, with $19.2 billion of that spent in just the final quarter, new data reveals. According
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the measures is estimated to reach between €1.5 and €2 billion, with the primary goal of
Greece rises against a failing state in the wake of the Tempi tragedy
The Tempi tragedy, which in February 2023 claimed the lives of 57 people, remains an open wound for Greek society. Greece rises against a failing state in the wake of the Tempi tragedy. Last Sunday,
Skopje’s PM Mitskoski defies Prespa Agreement, fuels nationalist rhetoric
The policy of Skopje’s Prime Minister, Christian Mitskoski, towards the Prespa Agreement remains uncompromising, as Skopje’s PM Mitskoski Defies Prespa Agreement, Fuels Nationalist Rhetoric marked by open violations of the agreement and a nationalist tone
Greece’s out of touch government played and lost in Ukraine
Veteran journalist and Kathimerini director Alexis Papachelas has criticised the Mitsotakis government’s handling of foreign policy, stating that Greece’s out of touch government played and lost in Ukraine. During a recent Prime Time broadcast on
Victorian Government bows to Turkish lobby, denying Christian Genocide
Today, Turkey’s Christians (Greeks, Armenians, and Assyrians) comprise only around 0.1% of the population despite being indigenous peoples of the land. A significant reason for this population collapse is the Christian genocide committed by the
EU cancels Turkey’s “Turkaegean” Trademark
Greece has secured a major legal victory as the EU cancels Turkey’s “Turkaegean” Trademark. The European Union Intellectual Property Office (EUIPO) cancelled Turkey’s controversial “Turkaegean” trademark, citing cultural and economic concerns. The decision announced on
A legacy of weakness, concessions, and economic disasters
Former Greek prime minister Costas Simitis, who led the country into the European Union’s single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese. While most mainstream media are
Netanyahu and Trump discuss Israel’s plans to attack Gaza
Israeli Prime Minister Benjamin Netanyahu spoke by phone on Sunday with US President Donald Trump, where they discussed in detail Israel’s plans for a new military operation in the Gaza Strip. The conversation was made public in an official statement from the Israeli prime minister’s office, which released the basic
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?
