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
Ruling ND still in ‘honeymoon period’, latest poll shows; 13.5%-point lead over main opposition SYRIZA
Ruling New Democracy (ND) continues what is apparently a “honeymoon period” after the July 7 election, with one of the first opinion polls of the new autumn season showing the center-right party with a 13.5-percentage
Chemotherapy treatment “postponed” in big Athens hospital due to lack of funds
Cancer patients undergoing chemotherapy in Attiko Hospital in Athens were shocked to be informed that their treatment is postponed on indefinite time. The patients were informed by phone last Thursday. Hospital workers’ President and doctor
Parthenon Marbles: Tough words by the Greek President to British Museum
Tough words by the Greek President, Prokopis Pavlopoulos, towards the British Museum on the thorny issue of the Parthenon Marbles. “The British Museum’s obsession is tantamount to supporting Elgin’s cultural grave robbing and theft. And,
Police cracks down gang bringing weapons, ammunition from Albania to Crete
Greek police as cracked down a criminal gang that was bringing Kalasnikov weapons and ammunition from Albania to the island of Crete. A big scale operation conducted by the Police Departments of Chania, Crete, and
Large percentage of Greek High School students graduate lacking essential life skills
Many Greek high schools students graduate practically illiterate in regards to basic life skills, much less skills that would place them in the job market, according to a new report by the Authority for Quality Assurance
Tsipras: “We made mistakes but we took the country forwards”
“We are still here, after four-and-a-half years of struggle, the struggle to keep Greece standing upright,” is how main opposition party SYRIZA leader Alexis Tsipras started his speech at the 84th Thessaloniki International Fair on
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?
