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
Greek PM Tsipras: “We have succeeded and have been justified for our choices”
Greek Prime Minister Alexis Tsipras praised himself and his administration for the years they have been in power while addressing Germany‘s Social Democratic Party (SPD) in Berlin on Saturday. “When I faced the biggest dilemma
Six Out of Ten Greeks ‘Barely Cope’: Survey
The everyday lives of Greeks have not changed much since the country exited the bailout program last August, according to a new survey by the Foundation for Economic and Industrial Research (IOBE). IOBE is an
Editorial To Vima: Tsipras’ court trials
The left, having since the interwar period suffered unwarranted persecution over unproven crimes, was in the past guarded as regards the periodic waves of scandal-mongering, and demanded objectivity and evidence before condemning and ostracising political
Mothers in Greece Mark World Breastfeeding Week
Hundreds of mothers breastfed their infants in public places in major cities across Greece on Sunday to mark World Breastfeeding Week celebrated throughout the globe. Mothers in Athens, Thessaloniki, Patra, Argos, Nafplio, Messolonghi Nafpaktos and
Albanian journalist says Albania’s PM Rama gave the go-ahead to kill Katsifas
The Albanian Prime Minister’s office gave the go-ahead to kill 35-year-old Greek man Konstantinos Katsifas, with the approval of Turkey, said Albanian journalist Kastriot Miftairi on mainstream television. The execution of Katsifas has cast a
Albanian Police kill Greek who raised Greece’s flag in Northern Epirus
A 35-year-old Greek, named Konstantinos Katsifas, was shot dead by the Albanian special forces near the village Bularat (Vouliarates) in Albania’s northern Epirus region, 6 kilometers (4 miles) from the Greek-Albanian border. According to Albania’s
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.
