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
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
First resignation triggers Liberal leadership crisis as support for Angus Taylor grows
The Liberal Party’s leadership crisis escalated on Thursday morning with the resignation of senior frontbencher Claire Chandler, triggering what party insiders expect will be a wave of further departures in support of Angus Taylor. News.com.au
Israeli President Isaac Herzog arrives in Melbourne amid heightened security and protests
Israeli President Isaac Herzog is visiting Melbourne today, Thursday, as part of the final leg of his four-day official state visit to Australia, with Victoria Police implementing heightened security measures ahead of planned protests. The
Calls grow to strip Grace Tame of Australian of the Year honour over ‘intifada’ chant
Former Australian of the Year Grace Tame is facing mounting pressure to be stripped of her national honour after doubling down on controversial chants to “globalise the intifada” during a large anti-Israel protest in Sydney.
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
Famellos on a possible Tsipras party: “No time to wait – progressive Greece needs initiative”
Socrates Famellos, president of SYRIZA-Progressive Alliance (SYRIZA-PA), addressed questions regarding a potential new party led by Alexis Tsipras during a visit to Pyrgos, Ilia. Speaking under the campaign slogan “Progressive Greece”, Famellos emphasized that a
New Democracy unites over AI: handshake between Mitsotakis and Karamanlis at Stylianidis’ book launch
The Greek Prime Minister Kyriakos Mitsotakis and former Prime Minister Kostas Karamanlis shared a warm handshake and applause as they attended the book presentation of Evripidis Stylianidis, dedicated to the challenges and dangers of Artificial
Greece replies to Zakharova’s provocative attack: Moscow aligns with Turkey and the Republic of Skopje against Greece
Russian Foreign Ministry spokesperson Maria Zakharova has once again adopted an openly anti-Greek tone, reviving Cold War-style rhetoric and backing Turkey and the Republic of Skopje [sic “North Macedonia”] in a direct challenge to Greece
Mitsotakis rejects Christodoulides’s joint EEZ plan fearing Turkey
To avoid potential tensions in the Aegean, the Greek government rejected President of Cyprus Nikos Christodoulides’s proposal to delimit a joint exclusive economic zone (EEZ) between the two states. Mitsotakis rejects Christodoulides’s joint EEZ plan
Mitsotakis to SEV: “A national duty to never relive the illusions and lies of the past”
Message of stability with veiled criticism of Tsipras – Bundesbank praises Greece’s reforms Greek Prime Minister Kyriakos Mitsotakis delivered a strong message on political stability and economic responsibility at the annual meeting of the Hellenic
Soufli: 13 Turkish nationals arrested with weapons – six remanded in custody
147 pistols and 190 magazines found – Defendants claim ignorance Greek authorities have released dramatic footage showing the arrest of 13 Turkish nationals near Soufli, Evros, after they illegally crossed into Greece carrying a large
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.
