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
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
Australians lose more than $7 million in Facebook investment scam using fake Tom Piotrowski
More than 70 Australians have lost over $7 million after falling victim to a sophisticated Facebook investment scam that used the image and identity of well-known NAB and CommSec market analyst Tom Piotrowski. An investigation
National Cabinet agrees to record hospital funding and major NDIS reforms
National Cabinet has reached a landmark agreement to deliver record levels of funding for state and territory hospitals while implementing significant reforms aimed at securing the long-term sustainability of the National Disability Insurance Scheme (NDIS).
Inflation bites again as rising prices intensify Australia’s cost-of-living crisis
Australia is facing a renewed inflationary surge that is intensifying cost-of-living pressures for households and driving expectations of interest rate increases in the first quarter of 2026. Latest data from the Australian Bureau of Statistics
Tens of thousands rally across Australia on Australia Day amid police presence and rival demonstrations
Tens of thousands of people took part in rallies and protests across Australia on January 26, 2026, marking Australia Day events that were met with significant police preparation and deployment. Major demonstrations were held in
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
Famellos on a possible Tsipras party: “No time to wait – progressive Greece needs initiative”
Socrates Famellos, president of SYRIZA-Progressive Alliance (SYRIZA-PA), addressed questions regarding a potential new party led by Alexis Tsipras during a visit to Pyrgos, Ilia. Speaking under the campaign slogan “Progressive Greece”, Famellos emphasized that a
New Democracy unites over AI: handshake between Mitsotakis and Karamanlis at Stylianidis’ book launch
The Greek Prime Minister Kyriakos Mitsotakis and former Prime Minister Kostas Karamanlis shared a warm handshake and applause as they attended the book presentation of Evripidis Stylianidis, dedicated to the challenges and dangers of Artificial
Greece replies to Zakharova’s provocative attack: Moscow aligns with Turkey and the Republic of Skopje against Greece
Russian Foreign Ministry spokesperson Maria Zakharova has once again adopted an openly anti-Greek tone, reviving Cold War-style rhetoric and backing Turkey and the Republic of Skopje [sic “North Macedonia”] in a direct challenge to Greece
Mitsotakis rejects Christodoulides’s joint EEZ plan fearing Turkey
To avoid potential tensions in the Aegean, the Greek government rejected President of Cyprus Nikos Christodoulides’s proposal to delimit a joint exclusive economic zone (EEZ) between the two states. Mitsotakis rejects Christodoulides’s joint EEZ plan
Mitsotakis to SEV: “A national duty to never relive the illusions and lies of the past”
Message of stability with veiled criticism of Tsipras – Bundesbank praises Greece’s reforms Greek Prime Minister Kyriakos Mitsotakis delivered a strong message on political stability and economic responsibility at the annual meeting of the Hellenic
Soufli: 13 Turkish nationals arrested with weapons – six remanded in custody
147 pistols and 190 magazines found – Defendants claim ignorance Greek authorities have released dramatic footage showing the arrest of 13 Turkish nationals near Soufli, Evros, after they illegally crossed into Greece carrying a large
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.
