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
No paperwork, increasing rent: Sydney landlords exploiting international students
International students are being exploited by landlords in Sydney’s tight housing market, a new report has found. International students in Sydney are falling victim to financial exploitation by dodgy landlords, who are overcharging on bonds,
Record number of Aussies rush to file tax returns
A record number of Australians have lodged their tax returns in the hope of getting their hands on a hefty refund. About 650,000 people have already filed their tax returns, with this year’s early rush
Better Managing Australia’s future population growth
Key elements of the Morrison Government’s plan to better manage Australia’s future population have come into effect today. Launched in March this year, the Population Plan has four broad components: Easing the population pressures
60,000 tons of donation waste going to landfill
Australian charities are contributing to a large chunk of landfill pollution in the country because of donations that can’t be used. Things like soiled clothing, mattresses and old electrical appliances are being donated to stores
Killer flu season sees record numbers of cases and deaths – and it’s only just beginning
A killer flu season has seen almost as many people diagnosed with the virus so far this year as there were in the whole of 2018. Health bosses today issued renewed calls for people to
Election campaign: Morrison, Shorten pledge transport funds
Prime Minister Scott Morrison is promising to spend $4 billion on Melbourne’s shelved East West Link road project, even though the state Labor Government has ruled out its construction. • A Coalition government would fund a
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
Turkey’s aggressive implementation of The Blue Homeland
“Whatever Turkey’s interests demand in the Aegean, the Black Sea, and the Eastern Mediterranean, we will pursue with determination,” declared the president of Turkey in his speech. Angelos Syrigos on Greek Television said: We will
Geopolitical shift in Aegean-Eastern Mediterranean against Greece
Recent reports from Ankara, state media outlets highlight a significant revival in US-Turkey relations, with the Turkish Air Force set to acquire fifth-generation F-35 fighter jets, signaling a dramatic geopolitical shift in the Aegean and
US Proposal for €2B in Greek Ballistic Production
In a recent letter to the Greek government, which the US embassy has also received, American officials are calling for a meeting with the relevant ministers to approve the immediate production of 1 million missiles
Four-day wedding celebration in Chania for Kasselakis and Macbeth
Tomorrow marks the beginning of a four-day wedding celebration for Stefanos Kasselakis and Tyler Macbeth in Chania. According to reports, the President of SYRIZA and his husband, Tyler Macbeth, have planned a lavish ceremony that
The Kapodistrian University of Athens topped the list in Southeastern Europe
An important victory for Greek universities – and especially for the National and Kapodistrian University of Athens. The Kapodistrian University of Athens topped the list in Southeastern Europe, the ranking of the “Shanghai Academic Ranking
Greece, the country where offenders go unpunished
In an article “on fire” Politico “burns” the government of Kyriakos Mitsotakis, focusing on three major cases that have shocked Greece, referring to “cover-ups, failed investigations” and the “general sense of impunity”, which sounds the
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
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.
