Fuel deal secured as Albanese heads to Singapore amid supply crisis
Emergency Agreement to Boost Fuel Imports Prime Minister Anthony Albanese has announced an extraordinary agreement to increase Australia’s fuel supply as global markets remain volatile following the Iran conflict. Speaking from the Ampol Lytton Refinery
Capital Gains Tax discount reform under consideration
Speculation is intensifying that one of Australia’s most controversial tax concessions, the capital gains tax (CGT) discount, may undergo significant reform as a central feature of this year’s federal budget. Senior government ministers have stopped
RBA rate decision: What it means for households, the housing market and the Aussie dollar
The RBA has raised the official cash rate by 25 basis points to 3.85 per cent, up from 3.60 per cent. The Reserve Bank of Australia has raised the official cash rate, delivering its first
Boy swims for hours to save family after being swept out to sea
Boy swims for hours to save family after being swept out to sea has been hailed as a hero after completing an extraordinary open-water swim to raise the alarm when his family was blown far
Nationals heavyweight rules out leadership tilt as Littleproud faces challenge
A senior figure within the Nationals has ruled out mounting a leadership challenge against David Littleproud, as internal pressure continues to build on the party leader ahead of parliament’s return. Nationals senator Matt Canavan has
Second note found after Perth family discovered dead in suspected double murder-suicide
Police investigating the suspected double murder-suicide of a family in Perth have confirmed a second note was found inside the home, shedding further light on the circumstances surrounding the deaths. The bodies of two teenage
Anthony Albanese slams opposition as a party in chaos
Prime Minister Anthony Albanese has launched a scathing attack on the Liberal Party, branding the opposition a “shambles” consumed by internal warfare, as speculation continues over a leadership challenge to Sussan Ley. Speaking in Adelaide
Greece’s political crisis intensifies amid scandal storm
A society at boiling point amid daily scandals and misuse of public funds – growing calls for immediate elections, as the public dismisses manipulated polling Greek society is increasingly on edge, with daily scandals and the alleged misuse of public funds fuelling public anger. Greece’s political crisis intensifies amid scandal
“Kimon” to arrive soon in Phaleron Bay – Greece receives first Belharra frigate
In a landmark announcement, Greece’s Defence Minister Nikos Dendias confirmed that the country’s first Belharra-class frigate, named Kimon, will arrive in Phaleron Bay within the coming weeks. The vessel marks a decisive step in modernising
Strengthened dialogue between State and Church in Mitsotakis – Ieronymos meeting
The meeting held on Monday morning (8/9) between Prime Minister Kyriakos Mitsotakis and Archbishop of Athens and All Greece Ieronymos, at the Maximou Mansion, once again highlighted the close cooperation between the State and the
Earthquake of magnitude 5.2 strikes Evia, felt strongly in Athens
A powerful earthquake measuring 5.2 on the Richter scale shook the island of Evia at 12:27 a.m. yesterday, local time, sending tremors across Attica and particularly the northern suburbs of Athens. According to the Geodynamic
New audio reveals 2nd conversation between Panos Kammenos and alleged Cretan Mafia leader – Mentions Trump and Surveillance
Shocking new details have emerged regarding former Defense Minister Panos Kammenos’s interactions with the alleged head of the Cretan mafia. A second audio recording, legally intercepted by the Hellenic Police, reveals the former minister’s involvement
Cretan Mafia: Suspects hurled insults and sarcasm as they appeared before prosecutor
48-hour extension granted for testimonies. Tense scenes unfolded yesterday afternoon at the Chania Courthouse, as the first defendants in the major criminal case that has shaken Crete were brought before the authorities. According to police,
Mitsotakis attends signing for new chair on Alexander the Great at Aristotle University of Thessaloniki
In the presence of Prime Minister Kyriakos Mitsotakis, a memorandum of cooperation was signed for the establishment of a new academic chair at the Aristotle University of Thessaloniki (AUTH), dedicated to Alexander the Great. The
The Battle of the Strait of Hormuz
For the past few hours, amid a howling south-westerly wind (gusts exceeding 50 mph), reflecting on the The Battle of the Strait of Hormuz and practical realities of the United States attempting to blockade all maritime traffic to and from Iranian ports. Admiral James Stavridis, a familiar “authoritative voice” within
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?
