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
Labor condemns senator Lidia Thorpe’s threat to ‘burn down parliament house’ amid Gaza protests
The Australian Labor Party has strongly condemned independent Senator Lidia Thorpe after she threatened to “burn down Parliament House” while addressing a pro-Palestine rally in Melbourne on Sunday. The controversial remarks sparked immediate backlash across
“If I have to burn down parliament house to make a point”
Senator Lidia Thorpe sparks outrage with fiery remarks at Melbourne pro-Palestine rally Thousands gathered in Melbourne’s CBD on Sunday for one of Australia’s largest pro-Palestine rallies this year — but the focus quickly shifted to
Disturbing surge in human trafficking cases across Australia
Exit trafficking cases double in one year Alarming new data from the Australian Federal Police (AFP) has revealed a dramatic rise in human trafficking cases, particularly in the area of “exit trafficking,” where victims are
Tragedy in the skies south of Sydney
Three Dead in Light Plane Crash at Shellharbour Airport A tragic accident has claimed three lives after a light aircraft crashed and caught fire shortly after take-off from Shellharbour Airport, south of Sydney, earlier today.
South Melbourne Hellas Triumphs Over Sydney Olympic in thrilling 3–2 season opener
The 2025 Australian Championship kicked off in spectacular fashion on Friday night, with South Melbourne Hellas edging past Sydney Olympic 3–2 in a pulsating contest at Lakeside Stadium. The match delivered a blend of technical
Melbourne scientist among nobel laureates for revolutionary molecular discovery
A pioneering Australian-linked scientific breakthrough has earned global recognition, as University of Melbourne Professor Richard Robson shares the 2025 Nobel Prize in Chemistry for creating molecular “sponges” capable of capturing water from desert air and
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
Farmers submit demands to government, reject transfer of OPEKEPE oversight to tax authority
Greek farmers have formally submitted a comprehensive list of demands to the government, placing strong emphasis on their opposition to the transfer of oversight and control of OPEKEPE—the agency responsible for agricultural subsidies—to the Independent
Postal voting for Greeks abroad set to expand to national elections
The government has signalled its intention to extend postal voting to Greek citizens living abroad in national elections, marking a significant institutional reform of the country’s electoral system. The announcement was made by Interior Minister
Greece hails Pierrakakis’ Eurogroup victory as a win for the nation — Implications for Australia–EU relations
Greece’s Minister for National Economy, Kyriakos Pierrakakis, received an overwhelmingly enthusiastic welcome from the parliamentary caucus of New Democracy after his election as President of the Eurogroup. His elevation to one of Europe’s most influential
OPEKEPE fraud ring in Crete: Subsidy payments routed through bank account of deceased man
A major agricultural subsidy fraud ring in Crete has been dismantled by the Hellenic Financial Police, revealing a sophisticated yet brazen scheme that channelled public funds into bank accounts belonging even to deceased individuals. Authorities
Karystianou urges EU Prosecutor to override Greek ministers’ immunity
Karystianou Urges EU Prosecutor to Override Greek Ministers’ Immunity — The mother of a young woman killed in Greece’s deadliest train crash has called on the European Public Prosecutor’s Office (EPPO) to uphold the primacy
Greek innovation triumphs as THEON signs record defence agreement
Greek innovation triumphs as THEON signs record defence agreement — a development highlighted in an interview with Mononews, where Christian Hatziminas, founder and CEO of THEON Sensors, described the company’s landmark contract with OCCAR as
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
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?
