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
Australian Muslims report surge in anti-Muslim hate as leaders call for unity
Australian Muslims are reporting heightened fear and insecurity following a sharp increase in anti-Muslim incidents across the country, according to Greens senator Mehreen Faruqi. Speaking publicly this week, Senator Faruqi said many in the Muslim
Αustralia facing ‘peak living standards’ warning as real wages fall
Australians may already be experiencing the best living standards they can expect without major economic reform, the chief executive of National Australia Bank has warned, as new data confirms real wages have declined for the
NDIS public servant charged over alleged $5 million fraud scheme
A 47-year-old Northern Territory public servant has been charged following an investigation into the alleged fraudulent claiming of millions of dollars from the National Disability Insurance Scheme (NDIS). The man, based in Darwin, is employed
One Nation voters erupt over beer tax row as senate clash sparks unlikely alliance
A heated Senate exchange over beer tax has ignited a political firestorm, driving a surge in support for higher taxes on multinational gas exporters and propelling One Nation to record polling numbers. The controversy erupted
Record number of cafes and restaurants going out of business
Australian households are increasingly turning away from cafes and restaurants, with new data revealing a record number of food service businesses have shut their doors over the past year. According to CreditWatch’s January Business Risk
Alleged crime figures behind $245m plan for 1000-home Muslim enclave in Melbourne’s north
Thousands of pages of court documents, financial records and interviews have revealed the inner workings of an ambitious and ultimately collapsed $245 million plan to build a 1000-home Muslim residential development on Melbourne’s northern fringe.
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
Karystianou blasts the investigator, asking “Do you grasp the cover-up?”
“After two years, we are still dealing with videos of dubious authenticity that have suddenly surfaced, even though footage from the two contentious days has been in the investigator’s possession. Karystianou blasts the investigator, asking
Santorini: The ultimate eruption nightmare?
Earthquakes in the wider Santorini region appear endless, leaving the scientific community deeply concerned about the ongoing cycle of seismic activity. Santorini: The ultimate eruption nightmare? Indeed, scientists are now openly discussing the possibility of
World Greek Language Day: Greek as a bridge of culture and universal values
The Greek language is one of the fundamental pillars of our civilization, an unbroken chain that connects the past with the present and the future. From Homer’s epics and the philosophy of Plato and Aristotle
Seismic activity in Cyclades: Authorities and experts weigh in on potential scenarios
The picturesque islands of the Cyclades continue to be shaken by a series of moderate to strong earthquakes, with the strongest yet recorded on Wednesday evening (February 5) in the region between Santorini and Amorgos.
The Tembi file, kept hidden for six months by Parliament President and presidential candidate Tasoulas
For six months, the file on the Tembi railway crime has been kept hidden in the drawer of former Parliament President and current presidential candidate Costas Tasoulas, according to Maria. The Tembi file, kept hidden
Eurovision: Turkey takes on “Asteromata”
“Asteromata”, the song by Klavdia that will represent Greece in the Eurovision final in Basel, Switzerland, has become a red flag for the Turks. Eurovision: Turkey takes on “Asteromata”. The Public Radio and Television (TRT)
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
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.
