Prime Minister orders intelligence and policing review after Bondi terror attack
Prime Minister Anthony Albanese has ordered a comprehensive review of Australia’s federal intelligence and law enforcement agencies, one week after the deadly terrorist attack at Bondi Beach that claimed 15 lives. Following a meeting of
Australia may face higher AUKUS costs and pressure to join US-China conflict
Australia’s nuclear submarine deal under AUKUS could become more costly and politically fraught, as the US Department of Defence reviews the trilateral agreement under President Donald Trump’s “America First” agenda. A report from The Age
Bipartisan support for PBS amid Trump’s Pharma tariff threat
Donald Trump’s threat to impose a 200% tariff on pharmaceutical imports has united Australia’s political leadership in support of the Pharmaceutical Benefits Scheme (PBS). The Albanese government reaffirmed its commitment that the PBS is “not
Qantas confirms data breach affected 5.7 million customers, criminal contact made
Qantas has confirmed that 5.7 million of its customers have had personal data compromised in a major cybersecurity breach, with the company now contacting those affected and working with law enforcement following contact from a
ATO GST scam rocks public sector as taxpayer losses hit $2 billion
The Australian Taxation Office (ATO) is facing one of the worst integrity scandals in its history, after it was revealed that a massive GST refund fraud—amplified on social media—has cost taxpayers over $2 billion. So
Opposition presses Albanese government over lagging productivity
Australia’s economic debate has intensified after Reserve Bank Governor Michele Bullock cited weak productivity as a key concern in her justification for holding interest rates steady — prompting the opposition to demand urgent action from
Trump’s tariff threat sparks alarm in Canberra over pharmaceutical exports
The Albanese government is scrambling to respond to a fresh trade threat from US President Donald Trump, who has floated a staggering 200 per cent tariff on pharmaceutical imports and a 50 per cent tariff
Greek Prime Minister to visit Jerusalem for trilateral summit with Cyprus and Israel, talks also planned with Palestinian leadership
Greek Prime Minister Kyriakos Mitsotakis will travel to Jerusalem on Monday to take part in a high-level trilateral summit between Greece, Cyprus and Israel, as regional diplomacy intensifies amid shifting geopolitical dynamics in the Eastern Mediterranean. The meeting, which will include Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nikos
Int’s tender for all-important gaming concession at Helleniko site on the horizon
Proclamation of an international tender for a casino gaming concession at the landmark Helleniko property development site in coastal southeast Athens, one of the biggest and still delay-plagued privatizations in Greece, is reportedly ready to
Quake, 4.6R, in extreme SE Greece
A light earthquake measuring 4.6 on the Richter scale was recorded at 21.10 (19.10 GMT) in extreme southeastern Greece, according to a geodynamic institute in Athens. The quake’s epicenter was located nine kilometers northwest of
Iconic baker of Kos, who fed refugees during 2015 crisis, dies
The iconic baker of Kos, an island in the eastern Aegean, Dionysis Arvanitakis, who became known throughout Europe for his daily and constant assistance to the hundreds of third country nationals that arrived on the
The dilemma of the election
The current accumulation of political events and developments is unprecedented in the over decade-long economic crisis. Political time is teeming with activity at the supposed end of the great crisis. The Macedonian naming issue, the
Cyprus First, Greece Third in Reception of European Social Funds for 2018
The Republic of Cyprus ranked first, and Greece third, among EU member states in cumulative payments made from the European Social Fund in 2018. This disclosure comes from a statement made by the Cypriot Labor,
Proposed 350 Million Euro investment for Cannabis production in Greece
A total of thirty separate proposed foreign investments in medical and industrial cannabis production have been submitted to Greek authorities for approval, it was revealed on Sunday. According to sources quoted by the Athens-Macedonian News
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European Union of suppressing free speech, manipulating democratic processes, enforcing double standards on energy policy, and
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.
