3 Interest Rate cuts spark biggest Home Loan rush since the Pandemic
Australia’s housing market is experiencing an unprecedented surge in home loan applications, driven by three consecutive interest rate cuts in 2025 that have significantly boosted buyers’ borrowing power. According to recent data from Commonwealth Bank
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
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
Sokratis Famellos calls for joint action of progressive parties on Gaza
In a move to coordinate and strengthen Greece’s diplomatic stance amid the crisis in Gaza, Sokratis Famellos, leader of SYRIZA–Progressive Alliance, reached out today to the heads of progressive opposition parties. His goal is to promote unified positions toward the government, urging Greece to take initiatives to halt the invasion of
Apostolos Vesyropoulos Dies – Tragic irony of missing defibrillator
The sudden death of Apostolos Vesyropoulos, Secretary of the Parliamentary Group of New Democracy and Member of Parliament for Imathia, at the age of 59, has shocked Greece’s political community. A tragic irony surrounds his passing, as Vesyropoulos had
Wildfires rage across western Greece and the islands, devastating homes and forests
In the past 24 hours, 48 new fires broke out, bringing the total to 109 incidents since the outbreak began. For a second consecutive day, firefighters battled relentless wildfires across Western Greece and several Aegean
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the
Turkish blocks research vessel from conducting surveys on behalf of Cyprus
Turkey is reported to have blocked the research vessel Fugro Gauss, sailing under the flag of Gibraltar, from conducting geophysical surveys on behalf of the Republic of Cyprus in a maritime area that Ankara considers
Albanian Foreign Ministry issues provocative map encompassing Greek territory
“Good neighbourly relations are not just rhetorical niceties. They are practices based on the principles of reciprocity, mutual respect, and a shared understanding of international law. Albanian Foreign Ministry issues provocative map encompassing Greek territory.
Outcry over bribery allegation in public hospital
Immediate Intervention by the Ministry of Health and Minister Adonis Georgiadis A particularly serious allegation regarding a demand for a bribe by a doctor at a Regional Hospital in the country has sparked a strong
Ukraine thriller continues – Trump: “In two weeks we’ll know if peace is possible”
The war in Ukraine, now over three and a half years ongoing, remains at a critical juncture. Former U.S. President Donald Trump continues diplomatic efforts to arrange a summit between Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky in an attempt to achieve peace, though significant obstacles persist. Tonight,
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?
