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
Man charged after ‘Mother of Satan’ found in Adelaide home
A court has heard a highly volatile substance known as “Mother of Satan” was found at a home in Adelaide’s northern suburbs, where a man was arrested for allegedly manufacturing explosives. Officers made the discovery
Coles customers call for compensation after major website outage
Coles has suffered a major outage of its online shopping website, prompting customers to publicly vent their frustration. The supermarket giant has named a software issue for the site being offline. It has left customers
Australian freighter lost in World War II found off coast of Victoria
The final resting place of an Australian freighter torpedoed by a Japanese submarine more than seven decades ago has been discovered off the coast of Victoria. The SS Iron Crown was sunk on 4 June
Several hundreds attend Archbishop Stylianos’ funeral in Sydney
On Saturday the 30th of March, ordinary citizens, clerics, politicians and public figures from the wider Greek community in Australia attended the last farewell to the Greek Orthodox Archbishop of Australia Stylianos, during the funeral
Prime Minister congratulates Federation of Cyprus Communities of AUS and NZ for their annual conference
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Coles will not follow Woolworths in increasing milk prices to support dairy farmers
Coles will not follow Woolworths in increasing the price of milk to support Australian dairy farmers, but have insisted they are supporting the industry in other ways. On Monday , Woolworths announced they would be
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
October 28th, 1940 “Oxi Day”. What is it all about and why is it so important?
October 28th, 1940, Oxi Day, a Greek National Holiday, is celebrated on October 28th by military and student parades across the country. What is it all about and why is it so important? Every year
Naval Group “technical launch” of the Kimon-class (FDI HN) for the Hellenic Navy
French shipbuilder Naval Group conducted on 28 September 2023 the “technical launch” of the first Kimon-class (FDI HN) for the Hellenic Navy. The launching ceremony with Greek and French officials will take place on October
Stefanos Kasselakis elected as the new President of SYRIZA
Regardless of whether Stefanos Kasselakis was elected as president of SYRIZA on Sunday, his skyrocketing popularity must mean something. The leftists who have associated themselves with the Athens Polytechnic uprising can retire, literally and figuratively.
Should we invite the Armenian refugees of Artsakh to settle in Thrace?
Those who welcome millions of illegal economic migrants “refugees” into Greece do not care about real refugees such as the Armenian refugees of Artsakh. Because they don’t get rich from the people smuggling NGO’s. Because
Theominia: Either we get serious or we will sink
We are facing a new kind of war, and if we do not realize that the country’s very survival will be in doubt
The U.S. Should Recognize the Greek Genocide
I am a descendant of survivors of the Greek genocide. My great-grandmother and her parents, like their parents and grandparents before them, were Ottoman Greeks born in what is known today as the Republic of
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
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?
