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
Albanese and Chalmers under pressure to act on negative gearing reform
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are facing renewed pressure to overhaul Australia’s negative gearing rules amid growing concern about housing affordability and younger Australians being locked out of the property market. Unions
Australia to purchase 11 frigates from Japan in a deal worth a reported $10 billion
Australia is moving forward with the acquisition of 11 Mogami-class frigates, which will be built by the Japanese group Mitsubishi Heavy Industries (MHI), in a deal worth $10 billion. The announcement was made by Australian
Millions of Australians face financial hardship in retirement, new reports warn
A growing number of Australians are increasingly concerned about their ability to maintain financial security in retirement. Millions of Australians face financial hardship in retirement, new reports warn, with recent studies revealing a significant gap
Australia bans YouTube accounts for under-16s in major child safety overhaul
The Australian government has announced a landmark ban on children under 16 having personal YouTube accounts, marking a major step in its campaign to protect young users from online harm. From December 10, 2025, YouTube
One in Three Students Falling Behind, 2025 NAPLAN Results Reveal
A third of Australian students are failing to meet expected literacy and numeracy standards, according to the latest NAPLAN results released today. The report shows that while some improvements have been made, significant educational gaps
Student Debt Relief Bill passes Lower House, bringing financial relief closer for millions
The Albanese government’s landmark student debt relief bill has cleared the House of Representatives, bringing long-awaited financial relief for more than three million Australians one step closer to reality. The legislation, which proposes a 20
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
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
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
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?
