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
Nearly $18 billion in lost or unclaimed super, tax office says
Almost $18 billion in lost and unclaimed super is waiting for Australians to pick it up. The Australian Taxation Office is urging people to check whether any of the current $17.8 billion pool belongs to
Armenian, Assyrian, and Greek Genocides to be Included in NSW School Curriculum
In a landmark decision, the New South Wales (NSW) Education Standards Authority (NESA) has finalized its History Syllabus for Years 7 to 10, incorporating a mandatory study of Australia’s humanitarian efforts during World War I.
Record Drownings at Australian Beaches
Australia has seen a significant rise in drownings at its beaches, with new data revealing a record 150 coastal deaths for the 2023/2024 period. This alarming increase coincides with a growing number of Australians flocking
Positive response to proposed changes on children’s online privacy
In a bid to bolster privacy protections, Australia’s Minister for Justice, Mark Dreyfus, has introduced a proposal for a children’s online privacy code. This initiative aims to impose strict regulations on how personal data of
Government and opposition reach landmark agreement on aged care reforms
Australia’s aged care system is set to undergo major reforms, following a historic agreement between the federal government and the opposition. After months of negotiations, a consensus was finally reached, ensuring the sustainability and quality
69-year-old man died after waiting 4 hours for an ambulance
A 69-year-old man in Melbourne’s east has died after waiting four hours for an ambulance due to severe shortages at Ambulance Victoria. The delays were caused by 50 ambulances being out of service due to
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
The hidden prayer of the Greek Alphabet
An ancient prayer—an invocation—has existed and functioned silently within the Greek alphabet since its very inception. The hidden prayer of the Greek Alphabet. The sequence of the letters in their full pronunciation (Alpha, Beta, Gamma,
Satellites, security and sovereignty: Greece’s strategic ascent into space
Satellites, security and sovereignty: Greece’s strategic ascent into space marks a rapidly evolving chapter in the country’s technological and strategic development. Recent advances in satellite capability are beginning to reshape Greece’s strategic outlook, both in
Karystianou draws red lines on Greek–Turkish talks that challenge power, narrative and sovereignty
Maria Karystianou has made her first substantive intervention in foreign policy, choosing to address the highly sensitive issue of Greek–Turkish relations at a politically charged moment, as preparations reportedly intensify for the launch of her
Greek diaspora: Three parliamentary seats and postal voting presented by minister Livanios
The Minister of Interior, Theodoros Livanios, presented to the Cabinet on Monday morning a comprehensive bill aimed at strengthening the electoral participation of Greeks living abroad. The legislation, titled “Definition of the Electoral District of
The Karystianou political bet and the opposition’s uneasy response
Greece’s opposition landscape appears to be entering a period of significant recalibration, as the prospect of a new political party led by Maria Karystianou sends tremors across the political spectrum. Figures and parties that only
Mitsotakis from Brussels: Transatlantic ties tested, but signs of cautious stabilisation
Greek Prime Minister Kyriakos Mitsotakis acknowledged that relations between Europe and the United States have gone through a turbulent period, while stressing that recent developments point to a modest improvement, following the conclusion of the
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?
