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
No panic at the pump: Fuel prices hold steady despite Iran-Israel ceasefire
Despite recent tensions in the Middle East and fears of a global oil shock, fuel prices across Australia have remained surprisingly steady. The ceasefire between Iran and Israel — announced after a series of intense
Darwin embraces Greece at GleNTi 2025
The aroma of grilled meats and the sound of bouzouki music filled the Darwin Esplanade as an estimated 40,000 people gathered over the weekend for the much-anticipated return of the Darwin GleNTi Festival — Darwin
Coalition pushes Albanese to meet Trump amid AUKUS uncertainty
Australia’s opposition is urging Prime Minister Anthony Albanese to urgently secure a meeting with US President Donald Trump, following news that the Trump administration is reviewing the AUKUS security pact. The review casts doubt over the
Strategic Gap: Australia ranks 15th in global defence spending amid growing regional threats
As geopolitical tensions mount, Australia finds itself under increasing pressure to reassess its military preparedness. New data has revealed that the country ranks only 15th globally in defence spending – far behind nations like Saudi
Police under fire for failing to warn women about released violent partners
Victoria Police is facing fierce criticism after admitting it does not have the resources to warn women when their violent former partners are released from jail. The decision came despite a recommendation from State Coroner
Moira Deeming referred to IBAC over alleged preselection bribe offer
Victorian Liberal MP Moira Deeming has been referred to the state’s anti-corruption body, IBAC, following explosive allegations she offered to withdraw bankruptcy proceedings against former Liberal leader John Pesutto in exchange for guaranteed preselection for
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
Thessaloniki: Protesters against name deal target President Pavlopoulos
About 250 protesters, have gathered outside Thessaloniki’s Music Hall to protest against the deal which will rename Greece’s northern neighbor “North Macedonia”. The protest is being staged on the occasion of the visit of Greek
FYROM’s name change deal may be an achievement for the E.U., but undemocratic
After the disintegration of Yugoslavia in 1991, Greece’s northern neighbor stole the Greek name “Macedonia”—but Athens refused to recognize it, saying it gave legitimacy to territorial, historical, and ethnic claims over the millenial old northern
Costas Karamanlis on Prespa agreement: ND’s criticism ‘powerful and fully documented’
Former Greek prime minister Costas Karamanlis (2004-2009) on Thursday removed any doubts over his stance regarding the contentious Prespa agreement, which comes up for ratification in Greece’s Parliament later in the evening. Karamanlis and his
Greece one of least prepared Countries in EU for electric cars
Netherlands-based automobile leasing and fleet management company, LeasePlan, says that Greece is one of the least prepared countries in Europe to welcome the use of electric cars. This is greatly due to the fact that
EU Parliament groups nominate Tsipras and Zaev for Nobel peace prize 2019
Greek Prime Minister Alexis Tsipras and North Macedonia Prime Minister Zoran Zaev have been nominated for the 2019 Nobel Peace Prize by the leader of the EU parliament Socialists and Democrats (S&D) group Udo Bullmann,
Greek parliament ratifies Prespes agreement with 153 YES
The Greek Parliament ratified the historical Prespes Agreement with 153 YES. The majority was achieved with 145 SYRIZA votes as well as with the votes of ministers Kountoura (ex ANEL) and Papakosta (independent), two votes
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
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?
