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
Greek Australian charged with 18 counts of attempted murder after Sydney shooting spree
The Greek Australian community has been left shocked and deeply concerned following the arrest of 60-year-old Artemios Mintzas, who has been charged with 25 offences, including 18 counts of shooting with intent to murder, after
Liberal Party divided: fresh calls to abandon “economically catastrophic” net zero policy
The federal Coalition’s internal divide over climate policy has deepened, with two more Liberal MPs urging the party to “show guts” and walk away from Australia’s Net Zero emissions target by 2050. In an exclusive
Labor’s First Home Buyer Scheme sparks fears of price surge and market instability
Just two days after its launch, Labor’s new first home buyer scheme has come under fire for allegedly driving property prices up almost overnight. A key plank of Prime Minister Anthony Albanese’s re-election campaign, the
Australian activists detained in Israeli prison – Canberra demands access and answers
Australian consular officials are heading to a notorious Israeli prison where five Australian citizens are reportedly being held after the interception of the Global Sumud Flotilla en route to Gaza. The flotilla, carrying humanitarian aid,
Andrew Hastie Resigns from Sussan Ley’s Frontbench Amid Immigration Policy Rift
Liberal leadership hopeful Andrew Hastie has dramatically quit Sussan Ley’s Coalition frontbench after refusing to accept new expectations set by the Opposition Leader, including being sidelined from leading the party’s immigration response. The West Australian
Brett Button appeals 32-year sentence over deadly Hunter Valley bus crash
The driver of a bus that crashed in the New South Wales Hunter Valley in 2023, killing ten wedding guests, has appealed his 32-year jail sentence, arguing it was “manifestly excessive.” Brett Andrew Button is
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
The 23-year-old farmer who drove the roadblocks and the government crazy with her fighting spirit
The 23-year-old farmer who drove the roadblocks and the government crazy with her fighting spirit has become a symbol of resilience and authenticity in Greece’s ongoing farmers’ protests. Anna Kampani, just 23 years old, has
Director of “Avgi” resigns after controversial front page featuring Alexis Tsipras
A significant internal shock has hit SYRIZA after the director of the newspaper Avgi, Spyros Sourmelidis, resigned following a controversial Sunday front page that placed former Prime Minister Alexis Tsipras in direct contrast with the
Tragedy south of Crete: Seventeen illegal migrants found dead — bodies stored in refrigerated truck as authorities investigate
Greek authorities are facing a major tragedy after 17 bodies of illegal migrants were recovered south of Crete following the sinking of a small boat in rough seas. Only two survivors, aged 16 and 20,
Tragedy in Zakynthos: Father of 2-year-old Leo speaks out — “I took in the pit bull because it was dying, and it killed my son”
The father of 2-year-old Leo, who was killed after being mauled by a pit bull in the village of Agios Leontas on Zakynthos, has spoken publicly in deep grief. The dog, which was kept chained
Farmers begin airport blockades: “This is a warning – we are not backing down”
Greek farmers are escalating their nationwide mobilisations, warning the government that symbolic road and border blockades are only the beginning. Speaking to journalists, representatives from agricultural unions insist they “will not retreat unless justice is
Pavlos Kontogiannidis launches fierce attack on Alexis Tsipras over new party plans
Greek actor and former MP Pavlos Kontogiannidis has issued an unusually harsh public critique of former prime minister Alexis Tsipras, accusing him of hypocrisy, political opportunism and an attempt to launch a new political party
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?
