Trump Turns Up the Heat: Australia Pressured to Boost Defence Spending or Face Trade Penalties
The Trump administration is putting mounting pressure on Australia to drastically increase its defence spending, aligning with NATO’s new benchmark of 5% of GDP. While NATO allies recently accepted this demand, Australia is resisting calls
Police allege Sydney family ran lucrative baby formula theft ring
A family ran a crime syndicate that stole more than $1 million worth of baby formula from across Sydney and sent it to China, police say.A Sydney family ran an expansive crime empire that stole
The 3XY RADIO HELLAS RADIOTHON FOR THE VICTIMS OF THE ATTIKA FIRES, THE COMPLETE STORY
The fires which took place in Mati, Attica Greece, on the 23rd of July, destroyed a beautiful part of Greece – bringing grief, heartache and devastation to so many people. The effects of this tragedy,
Govt to boost end-of-year liquidity via one-off welfare bonus, returning some pay cuts, covering arrears; GDP target eyed
The Tsipras government is reportedly banking on four initiatives over the last two months of 2018 to boost liquidity in Greece’s still feeble markets, and by extension, to raise end-of-year private consumption and guarantee that
Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means available—carrot and stick—to ensure this route is not consolidated,” he stressed. Mitsotakis announced that the
Magnificent icon believed to be Early El Greco discovered on Crete
A religious icon believed to be an early work of master painter El Greco, born Domenikos Theotokopoulos, one of the most-renowned artists in the entire history of Western art, was recently discovered on Crete. The icon
The wager of tax cuts
It is common knowledge that taxes reached unprecedented levels during the decade-long economic crisis. The Greek people made many sacrifices to foot the bill of this crisis. They were heavily over-taxed in order to achieve
The ancient serenity of snowcapped Mount Parnassus
A drone video has recently captured the mesmerizing magic of Mount Parnassus in central Greece after the November snows covered its craggy peaks. Parnassus, measuring 2,457 meters (8,061 feet), is one of the highest mountains
Greeks rank in top places in smoking and child obesity
Greeks come second in smoking among EU Member State citizens, they also rank in second place in childhood obesity, while they are very cautious in vaccinating their children, a report says. All the above cause
PM Mitsotakis: Greece will ask NATO to condemn Turkey over International Law Violations
Greek Prime Minister Kyriakos Mitsotakis on Sunday said that he will ask NATO to condemn Turkey at the NATO summit on December 3-4 in London. Greece will not tolerate any Turkish provocation without responding, the
Dendias briefs opposition leaders on Turkey
Greek Foreign Minister Nikos Dendias on Monday briefed the leaders of opposition parties on the latest developments concerning Turkey’s activities in successive phone calls, a ministry source said. Dendias also informed opposition leaders about the
Trump Turns Up the Heat: Australia Pressured to Boost Defence Spending or Face Trade Penalties
The Trump administration is putting mounting pressure on Australia to drastically increase its defence spending, aligning with NATO’s new benchmark of 5% of GDP. While NATO allies recently accepted this demand, Australia is resisting calls to push its military budget beyond its current trajectory of 2.3% of GDP—well short of
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.
