IMF warns: Australia heading towards inflation crisis
The International Monetary Fund (IMF) has warned that Australia is on track to record one of the highest inflation rates among developed economies. In its latest World Economic Outlook, the global lender said economies worldwide
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
Retailers call for national crackdown on crime as abuse surges
Retailers across Australia are calling for urgent government action in response to a sharp increase in retail crime and abuse against staff, revealed at the 2025 Retail Crime Symposium in Melbourne. The latest figures show
Over 500 Working With Children check failures uncovered by tech firm Oho
A leading tech company specialising in child safety has discovered more than 500 workers and volunteers across Australia with invalid or revoked Working With Children Checks (WWCC), sparking fresh concern about flaws in the nation’s
Australia lifts restrictions on US beef in move toward tariff negotiations
Australia has officially lifted its long-standing biosecurity restrictions on American beef imports, in what is widely seen as a strategic move to gain leverage in ongoing tariff negotiations with the United States. Prime Minister Anthony
Nearly 3,000 Range Rovers recalled in Australia over dangerous airbag defect
Canberra, July 23, 2025 — Almost 3,000 Range Rover Evoque vehicles are being urgently recalled across Australia amid safety concerns that the front passenger airbag may tear during deployment, potentially exposing occupants to hot gases
All STD tests so far negative in childcare abuse investigation, Victorian Government confirms
Melbourne, July 23, 2025 — All sexually transmitted disease (STD) test results returned so far in the police investigation into accused childcare sex offender Joshua Dale Brown have come back negative, according to Victorian Deputy
Turkey cries foul as Greece boosts Aegean firepower
Greece has taken a significant step forward with its new defence agreement with Israel. The government in Athens has decided to strengthen its arsenal by acquiring PULS multiple-launch rocket systems, with a range of between 35 and 300 kilometres. Following approval by the Greek Parliament, the agreement was signed and
OPEKEPE: Georgiadis launches fresh attack on European prosecutor Papandreou
Health Minister Adonis Georgiadis has launched a fresh attack against European Prosecutor Popi Papandreou, in relation to case files connected to the OPEKEPE scandal. Speaking on Action24, he questioned the manner in which the prosecutor
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
Postal voting approved for Greeks abroad
Greek citizens living abroad will now be able to participate in national elections through postal voting, after Parliament approved the relevant provisions of the Ministry of Interior’s bill with over 200 votes in favor. The
Souda espionage case: Greek intelligence had Georgian suspect under surveillance for a month
Greek authorities have revealed that the National Intelligence Service (EYP) had been closely monitoring a 36-year-old Georgian national for approximately one month before he was brought in for questioning on Monday (March 2) over alleged
Greece deploys “Kimon” frigate and additional naval assets to Cyprus amid regional escalation
Greece has decided to deploy two naval frigates to Cyprus following what officials described as a dangerous escalation in the region. The move was approved by the Government Council for Foreign Affairs and Defence (KYSEA)
Emergency security measures at Souda Bay base following Iranian threats against U.S. installations
March 1, 2026 Emergency security protocols have been activated at the strategically significant Souda Bay military base in Crete following a formal statement by Iran’s Islamic Revolutionary Guard Corps (IRGC), which declared that all American
Orbán’s masterstroke leaves Brussels in checkmate
In a display of political manoeuvring so bold it borders on the theatrical, Viktor Orbán appeared to recognise early that the European Union, George Soros, Barack Obama and the wider globalist establishment were aligned against him. With little credible left-wing opposition remaining in Hungary — none surpassing the modest 5
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?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
