RBA holds firm: No cuts until job market softens further
Reserve Bank of Australia Governor Michele Bullock has reinforced the bank’s cautious stance on interest rate cuts, stating that further evidence of a weakening labour market is needed before any monetary easing. Speaking at the
CORONOAVIRUS CLOSURES: Everything that will shut from midnight tonight
Australians will face even tighter restrictions on daily life as the country grapples with the an upturn (that will peak sometime inn April or May) in coronavirus cases. An expanded list of businesses will be
What coronavirus has done or could do to your super — and why you shouldn’t panic
Watching the stock market nosedive and freaking out about what it’s doing to your super? Superannuation analyst SuperRatings has a message for you — don’t panic. “It is putting pressure on super,” said SuperRatings CEO
Encyclical from his Eminence Archbishop Makarios regarding the COVID-19 (Corona-Virus)
Επίσημη θέση για το ζήτημα του εκκλησιασμού των πιστών ενόσω βρίσκεται σε εξέλιξη ο Κορωνοϊός πήρε ο Αρχιεπίσκοπος Αυσραλίας κ. Μακάριος με σχετική εγκύκλιό του By God’s mercy, Archbishop of the Most Holy Archdiocese of
Students face weeks in quarantine after China return
Ten students currently flying back from China will spend two weeks in quarantine at their Brisbane boarding school to manage any risk of them spreading the deadly coronavirus. The Stuarthome School for girls is taking
Hail storm sweeps through Canberra, damaging countless cars and windows
Hail as big as golf balls and ferocious winds of up to 116 kilometres per hour have torn through Canberra in a storm that had residents running for cover. The storm smashed windows, dented cars
Chief of Police meets with Media reference group
Chief of Police Graham Ashton with some members of the Multicultural Media Reference Group Victoria Police Chief Commissioner Graham Ashton attended the quarterly meeting of the Multicultural Media Reference Group to thank them for their
Mitsotakis: Greece will not discuss sovereignty with Turkey – “Twitter diplomacy is easy”
Greek Prime Minister Kyriakos Mitsotakis firmly ruled out any negotiations with Turkey on matters of national sovereignty, in a televised interview with SKAI anchor Sia Kossioni on Tuesday evening. “Greece does not discuss issues of sovereignty. We will never accept the theory of ‘grey zones’, nor will we allow Turkey
SYRIZA changes strategy ahead of early election
Still reeling from a devastating showing in last weekend’s European Parliament election, leftist SYRIZA officials met on Wednesday to discuss strategy ahead of a second round of local authority polls and a looming snap general
The hard truths about Turkey’s continued denial and lies
The participation of the hundreds and thousands of people in the memorial events organized in Greece and abroad on the occasion of the 100th anniversary of the Genocide of the Greeks of Pontus, and the
Maria Kakali: The Mayor who got re-elected with 100% of the votes
While local leaders struggled to beat their competitors and some will have to go to a second round of elections next Sunday, one mayor managed to be elected with 100% of the votes. 32-year-old Maria
Greece turns a page
Greeks sent a clear and resounding message with their vote in Sunday’s European Parliament and local elections. They denounced the SYRIZA government and the PM personally as he shouldered the entire weight of the European
Elderly member of Greek minority found murdered on Turkish island of Imvros
An elderly Greek man was found dead and tortured on the Turkish island of Imvros that is home of a small Greek community. 86-year-old Zafiris Ignaris (Piyanari) was found on Monday night. He was tied
Barnier: EU ready to respond to Turkish provocations
Michel Barnier, the European Union’s chief negotiator for Brexit, reiterated on Monday EU readiness to respond accordingly in case Turkey carries out illegal hydrocarbon drilling activities, noting that the EU stands clearly behind Cyprus. Barnier,
Orban raises prospectof EU exit, citing Brussels’ authoritarian drift
Hungarian Prime Minister Viktor Orban has once again raised the prospect of a Hungarian exit from the European Union, suggesting that the bloc’s authoritarian evolution may soon outweigh the benefits of membership. Speaking in an interview with the far-right platform Ultrahang, Orban said that Hungary’s EU membership “still makes sense
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?
