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
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.
Coalition chaos deepens as Jane Hume attacks Sussan Ley amid polling collapse and leadership unrest
The federal Coalition has plunged deeper into crisis as dumped frontbencher Jane Hume delivered a blistering assessment of Opposition Leader Sussan Ley, declaring the party was “running out of time” as catastrophic polling and internal
Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
Capital Gains Tax discount reform under consideration
Speculation is intensifying that one of Australia’s most controversial tax concessions, the capital gains tax (CGT) discount, may undergo significant reform as a central feature of this year’s federal budget. Senior government ministers have stopped
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
EU prepares sanctions as Turkey presses on with drilling off Cyprus coast
The EU has agreed to bring financial and political sanctions against Turkey after repeat warnings over the past weeks. European Union officials on Mon-day agreed political and financial sanctions against Turkey after Ankara went ahead
Mitsotakis unveils reform-heavy, pro-market policy statements in Parliament address
New Greek Prime Minister Kyriakos Mitsotakis referred to practically every reform promised by him and his conservative New Democracy (ND) party over the past four years – and then some – expressing a pro-market, meritocracy-based
Exquisite ancient statuettes of Apollo, Artemis unveiled for first time in Chania next week
A pair of small statuettes, depicting mythical Apollo and his twin sister, Artemis, will be presented on Today at the archaeological museum in the west Cretan city of Chania (Hania), the product of excavations at
Athens municipality: Most quake-damaged buildings are abandoned structures
The city of Athens, the biggest municipality in the greater Athens agglomeration, so far announced that 15 buildings in its boundaries were significantly damaged from the 5.1 on the Richter scale earthquake that struck the
Tears at the Mati victims memorial service one year after deadly fires
Citizen Protection Minister Michalis Chrysochoidis attended the memorial service held on Sunday in memory of the 102 victims of the deadly fire in Mati a year ago. “I can assure you that such a tragedy
PM Mitsotakis announces generous tax cuts incl. properties ENFIA
Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax
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
