Former CBA executive Christopher James McCann’s final days after Child Procurement charge
Christopher James McCann, a former senior executive at the Commonwealth Bank of Australia (CBA), was found dead just 48 hours after being charged with attempting to procure an underage girl for a sexual act. The
Small business asset tax break extended
The instant asset write-off for small businesses will be extended to June 30, 2020 and lifted to cover purchases of up to $25,000. Small businesses will get an extra tax break with the Morrison government
Ministers leaving for personal reasons: PM
Scott Morrison says characterising ministerial resignations as rats leaving a sinking ship is offensive, despite the coalition struggling in opinion polls. Prime Minister Scott Morrison has bristled at suggestions an exodus of coalition frontbenchers ahead
‘Absolute waste’: NSW residents shocked over scale of second wave of fish deaths
Residents in the NSW town of Menindee have expressed shock at the scale of the latest mass fish death, calling it “an absolute waste”. Locals have woken up to a thick blanket of dead fish
Police allege Sydney family ran lucrative baby formula theft ring
A family ran a crime syndicate that stole more than $1 million worth of baby formula from across Sydney and sent it to China, police say.A Sydney family ran an expansive crime empire that stole
The 3XY RADIO HELLAS RADIOTHON FOR THE VICTIMS OF THE ATTIKA FIRES, THE COMPLETE STORY
The fires which took place in Mati, Attica Greece, on the 23rd of July, destroyed a beautiful part of Greece – bringing grief, heartache and devastation to so many people. The effects of this tragedy,
Govt to boost end-of-year liquidity via one-off welfare bonus, returning some pay cuts, covering arrears; GDP target eyed
The Tsipras government is reportedly banking on four initiatives over the last two months of 2018 to boost liquidity in Greece’s still feeble markets, and by extension, to raise end-of-year private consumption and guarantee that
Greece braces for a long heatwave
As the summer progresses, Greece is preparing for one of the most intense heatwaves of the year, expected to sweep across the country next week. Meteorologists predict that temperatures will exceed 40°C, with certain areas reaching as high as 45°C. The heatwave will not only affect daytime temperatures but will
Tsipras tells Cretans he will seek WWII reparations from Germany
Prime Minister Alexis Tsipras on a campaign stop in Anogeia, Crete today touted his intention to seek German WWII reparation after a parliamentary resolution authorised the government to do so. «After many years, the road
Lies and responsibilities
From the first hours of last summer’s disastrous wilfire in Mati the weaknesses of crumbling state services, a lack of coordination, and the absence of even rudimentary emergency plans were glaring. One witnessed in amazement
Revolution! Modern art exhibition at the archaeological site of Delos
An unprecedented exhibition by British sculptor Antony Gormley at the archaeological site of Delos. 29 iron “bodyforms” have been scattered among the ancient columns and stones of what it once was the holy sanctuary for
Crafting a regional policy to contain Erdoğan
Turkey poses a long-term threat to the security of the Middle East. Containing Neo-Ottomanism requires a defensive policy that integrates Greece, Cyprus, Israel, and theKurds into a regional alliance. A new era has dawned in
Micro-brewery sector in Greece surging on back of global beer trend
A burgeoning presence but limited profits are, in general terms, the main characteristics of the micro-brewing sector in Greece so far, although forecasts continue to be very bright – as Greek consumers are following a
Five suitors in next phase of IGB pipeline tender
Five consortia have been approved for the next phase of an international tender to build the Greece – Bulgaria (IGB) gas inter-connector pipeline between the Greek and Bulgarian natural gas grids, a project worth 145
Company launches Investigation after Kiss Cam scandal
The company Astronomer has officially launched an internal investigation following the scandal involving an alleged illicit “corporate” couple on the Kiss Cam during a Coldplay concert. The potential extramarital affair between the company’s CEO, Andy Byron, and Head of Human Resources, Kristin Cambot, which was seemingly exposed publicly through a
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?
