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
Police let Bourke Street killer pass after ‘Mexican stand-off’
A specially trained officer who blocked the Bourke Street driver’s path hours before he mowed down and killed pedestrians, let the man pass because he thought he wouldn’t ram police. Senior Constable Gregory Ralston, from
Infectious measles warning issued for various sites around Melbourne
A measles warning has been issued after three recent cases were reported across a series of public sites in Melbourne. There have been nine new cases of measles in Victoria over the past fortnight. A
Sydney workers evacuated as smoke triggers alarms at offices, train stations
A thick blanket of smoke has blanketed on Sydney triggering smoke alarms and forcing the cancellation of outdoor events. Smoke alarms are going off in Sydney office buildings and train stations as the air quality
Mental health, environment top concerns for young Australians
Mission Australia’s Youth Survey Report 2019 has found that mental health weighs as the most pressing issue for Australia’s young people, closely followed by climate change. Australia’s youth now consider the environment the second most
Mystery Lotto winner set to be instant millionaire
A resident or visitor of a Victorian city became an overnight millionaire after winning the division one prize in the TattsLotto draw last month – but they don’t know it yet. The mystery winner bought
HACCI Excellence Awards Winners 2019
It was a night of glamour, elegance, joy and excellence at the magnificent Plaza Ballroom, as HACCI celebrated the best and brightest of the Hellenic-Australian community at its annual Gala Ball, on Friday 15 November.
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
Greece Connects China with Europe: Cultural Communication Under 17+1
The 17+1 is discussed more and more in Europe, especially in Central and Eastern European (CEE) countries. What is 17+1? It was born from 16+1. The 16+1 stands for Summit of Cooperation between China and
Greece to replace island refugee camps with ‘Transit centres’
Government announces plans to relocate 20,000 people from islands of Lesbos, Chios and Samos by early 2020 Greece has announced plans to close its three largest migrant camps and replace them with facilities on the
Shipowners donate 10 high-speed boats Rafnar to Greek Coast Guard
The Union of Greek Shipowners has said it will donate high-speed boats to the Greek Coast Guard in order to enhance patrols in the country’s maritime borders and effectively control the inflows from Turkey. Donated
Domestic Violence in Greece increased by 34.35% in 2014-2018
Incidents of domestic violence increased in Greece during that last couple of years. According to data released by Greek Police, registered incidents of domestic violence increased by 34.45% in the period 2014-2018. The incidents refer
Intruders conduct a foray at Athens’ Economic University’s historic building
Not many days ago a bevy of livid members of anti-authority groups with rafters and sledgehammers and with violent intentions conducted a foray at Athens’ Economic University’s historic building on Patision Street and made their
Tsitsipas wins ATP Finals title
Stefanos Tsitsipas has beaten Dominic Thiem in 3 sets to win ATP Finals title. Tsitsipas rallied to beat Thiem 6-7 (6), 6-2, 7-6 (4) on Sunday to become the youngest ATP Finals champion in 18
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?
