Prime Minister orders intelligence and policing review after Bondi terror attack
Prime Minister Anthony Albanese has ordered a comprehensive review of Australia’s federal intelligence and law enforcement agencies, one week after the deadly terrorist attack at Bondi Beach that claimed 15 lives. Following a meeting of
Australia unwittingly buys nearly $1bn in fuel linked to Russian oil, analysis shows
Australia has unknowingly helped funnel close to $1 billion into refineries processing Russian crude oil, according to new sector analysis revealing the extent to which imported fuel is tied to Moscow’s war economy. Data from
Liberal MP Roma Britnell walks out of parliamentary hearing over missing data on pregnancies and STIs in state care
A tense parliamentary hearing erupted into open frustration on Friday after Liberal MP Roma Britnell stormed out, accusing senior Victorian bureaucrats of repeatedly refusing to supply critical data about the wellbeing of children in state
Global Airbus warning grounds Jetstar A320 flights, causes widespread travel disruption
A major global aviation alert has triggered significant travel chaos, with Jetstar confirming that several of its Airbus A320 aircraft are currently unable to depart due to a critical software issue affecting thousands of jets
Teen launches High Court challenge against national social media ban
A Sydney high school student has launched an extraordinary High Court challenge against the federal government’s upcoming ban on social media use for children under 16, arguing the new law is unconstitutional and puts young
Why Australian workers are demanding pay transparency and would quit over unfair salaries
A growing number of Australian workers are demanding full salary transparency inside their workplaces, with new research showing a strong belief that pay secrecy primarily benefits employers — not staff. The findings, from recruitment firm
APRA to cap high-risk home loans amid housing boom
Australia’s banking regulator, the Australian Prudential Regulation Authority (APRA), will impose limits on high-risk home loans starting February 1, aiming to curb the rapid buildup of household debt. APRA announced that no more than 20
Greek Prime Minister to visit Jerusalem for trilateral summit with Cyprus and Israel, talks also planned with Palestinian leadership
Greek Prime Minister Kyriakos Mitsotakis will travel to Jerusalem on Monday to take part in a high-level trilateral summit between Greece, Cyprus and Israel, as regional diplomacy intensifies amid shifting geopolitical dynamics in the Eastern Mediterranean. The meeting, which will include Israeli Prime Minister Benjamin Netanyahu and Cypriot President Nikos
30 Ancient ‘curse tablets’ discovered in excavated well, in Athens’ Kerameikos site
Thirty ancient Greek tablets, featuring curses in the form of invocations to the gods of the underworld, dated some 2,500 years ago, were recently discovered at the bottom of a well in the Kerameikos archaeological
Tesla €70 million project of “electric highway” through Greece
US electric vehicles pioneer Tesla wants to include Greece into Europe’s “electric highway.” The company of Elon Musk has reportedly already included significant part of the Greek national roads into a developing mega project involving
Two Greeks in quarantine in Athens hospital after returning from Wuhan
Two Greeks are in quarantine in a hospital in Athens after they arrived from the Chinese city of Wuhan, where the coronavirus broke out and has claimed so far the lives of more than 800
Gas Wars in the Mediterranean
The unexpected alliance between Turkey and Libya is a geopolitical earthquake that changes the balance of power in the eastern Mediterranean and across the Middle East. Turkey’s audacious move has enraged its rivals in the
Asylum seekers to get social security number in Greece in apparent policy U-turn
Five key Greek ministries on Monday decided that the country will re-introduce the practice of granting a social security number to all migrants who have applied for asylum in Greece, something that the current conservative
Greece 2020: Starving child faints after unemployed parents pay taxes
A starving student recently collapsed on the way home and fell to the ground in front of the eyes of stunning passersby. The incident took place in Pyrgos, Western Peloponnese. According to local media, both
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European Union of suppressing free speech, manipulating democratic processes, enforcing double standards on energy policy, and
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?
