Australia deploys Wedgetail surveillance aircraft to Gulf as Iran conflict escalates
Australia will deploy a Royal Australian Air Force surveillance aircraft to the Middle East after a request from the United Arab Emirates, as regional tensions escalate amid Iranian attacks involving drones and rockets. Prime Minister
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.
Liberal Party of Australia leadership spill: Angus Taylor elected new leader in decisive party-room vote
The Liberal Party of Australia has entered a new and turbulent chapter after Angus Taylor was elected the party’s 17th federal leader, defeating Sussan Ley in a decisive party-room ballot in Canberra on Friday. Taylor
Australian Federal Police faces deepening integrity crisis as misconduct allegations surge
Australia’s federal law enforcement agency is confronting a serious credibility challenge after misconduct allegations within the Australian Federal Police (AFP) almost tripled in just three years, according to figures revealed in an exclusive investigation. Data
Liberal Party leadership crisis as Angus Taylor challenges Sussan Ley
The Liberal parliamentary party is set to meet at 9am on Friday to vote on its leader, after a letter calling for an urgent leadership spill was delivered to Ley on Thursday morning. The challenge
Greece’s political crisis intensifies amid scandal storm
A society at boiling point amid daily scandals and misuse of public funds – growing calls for immediate elections, as the public dismisses manipulated polling Greek society is increasingly on edge, with daily scandals and the alleged misuse of public funds fuelling public anger. Greece’s political crisis intensifies amid scandal
Athens marks liberation from the Nazis with ceremony on the Acropolis
In a ceremony marking the 75th anniversary since Athens was liberated from German occupation on October 12, 1944, the Greek flag was raised on the Acropolis on Saturday. The event was addressed by the government’s
Archives, possible throne room discovered in ancient Palace on Crete
The Greek Ministry of Culture announced on Thursday that a new storage room for valuables in Zominthos Palace, on the plateau of Mount Psiloritis on Crete, was discovered at the sprawling site during this year’s excavation season.
Greek gov’t measures for workers, businesses affected by Thomas Cook collapse
The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance,
Turkey furious as Greece, Cyprus and Egypt “condemn its unlawful actions”
Turkey fumes over a joint statement issued by Greece, Cyprus and Egypt. In an angry statement, the Turkish Foreign Ministry described as “baseless claims” the trilateral statement that, among others, condemned “Turkey’s unlawful actions in
Greek teen’s art installation spotlights our addiction to plastic
Young people around the world are joining forces and making an effort to combat the climate crisis and biodiversity loss. The international movement Fridays for future climate strikes have inspired students around the globe to
Moody’s: Thomas Cook liquidation is “credit negative” for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is “credit negative” for Greek and Cypriot banks, because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody’s said
Iran War Ceasefire: Hormuz Reopens as Two-Week Deal Halts Escalation
Iran has agreed to reopen the Strait of Hormuz for two weeks, guaranteeing safe maritime passage under coordination with its armed forces. Iranian Foreign Minister Abbas Araghchi stated the arrangement would allow shipping traffic to resume while diplomatic efforts proceed. Ceasefire Deal and Strait of Hormuz Reopening The agreement includes
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
