Fuel deal secured as Albanese heads to Singapore amid supply crisis
Emergency Agreement to Boost Fuel Imports Prime Minister Anthony Albanese has announced an extraordinary agreement to increase Australia’s fuel supply as global markets remain volatile following the Iran conflict. Speaking from the Ampol Lytton Refinery
Victoria’s middle class the “new face” of poverty
A growing number of working families are being added to the queues of economically impoverished Australians relying on food donations during the cost-of-living crisis. Foodbank Australia, whose latest needs assessment shows 3.7 million households struggled
Fighting fires from space in record time: how AI could prevent a repeat of Australia’s devastating wildfires
Australian scientists are getting closer to detecting bushfires in record time, thanks to cube satellites with onboard AI now able to detect fires from space 500 times faster than traditional on-ground processing of imagery. Remote
Treasurer calms recession fears but admits Aussies face ‘Uncertain times’
Treasurer Jim Chalmers has reassured Australians that the country is not heading for a recession, even as the economy shows its weakest growth in nearly three years. In an interview with Today, Chalmers addressed data
Fourth Victorian poultry farm detects bird flu
Victoria’s bird flu outbreak has now spread to a fourth poultry farm, a development anticipated by authorities amid ongoing investigations. Agriculture Victoria confirmed today that a farm near Meredith, west of Melbourne, tested positive for
Australia’s most trusted brands – 2024
Reader’s Digest has announced the results of the 25th Annual Most Trusted Brands survey. And the results speak volumes about the formula trusted brands use in a volatile market – retaining trust during difficult financial
Anger over medicinal shortages
Complaints are mounting from Australian citizens against the government for relying on international supply of medicines instead of local production as the nation faces a “severe” shortage of pharmaceuticals. It was revealed earlier this week
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 the alleged misuse of public funds fuelling public anger. Greece’s political crisis intensifies amid scandal
Greece hails Pierrakakis’ Eurogroup victory as a win for the nation — Implications for Australia–EU relations
Greece’s Minister for National Economy, Kyriakos Pierrakakis, received an overwhelmingly enthusiastic welcome from the parliamentary caucus of New Democracy after his election as President of the Eurogroup. His elevation to one of Europe’s most influential
OPEKEPE fraud ring in Crete: Subsidy payments routed through bank account of deceased man
A major agricultural subsidy fraud ring in Crete has been dismantled by the Hellenic Financial Police, revealing a sophisticated yet brazen scheme that channelled public funds into bank accounts belonging even to deceased individuals. Authorities
Karystianou urges EU Prosecutor to override Greek ministers’ immunity
Karystianou Urges EU Prosecutor to Override Greek Ministers’ Immunity — The mother of a young woman killed in Greece’s deadliest train crash has called on the European Public Prosecutor’s Office (EPPO) to uphold the primacy
Greek innovation triumphs as THEON signs record defence agreement
Greek innovation triumphs as THEON signs record defence agreement — a development highlighted in an interview with Mononews, where Christian Hatziminas, founder and CEO of THEON Sensors, described the company’s landmark contract with OCCAR as
The 23-year-old farmer who drove the roadblocks and the government crazy with her fighting spirit
The 23-year-old farmer who drove the roadblocks and the government crazy with her fighting spirit has become a symbol of resilience and authenticity in Greece’s ongoing farmers’ protests. Anna Kampani, just 23 years old, has
Director of “Avgi” resigns after controversial front page featuring Alexis Tsipras
A significant internal shock has hit SYRIZA after the director of the newspaper Avgi, Spyros Sourmelidis, resigned following a controversial Sunday front page that placed former Prime Minister Alexis Tsipras in direct contrast with the
The Battle of the Strait of Hormuz
For the past few hours, amid a howling south-westerly wind (gusts exceeding 50 mph), reflecting on the The Battle of the Strait of Hormuz and practical realities of the United States attempting to blockade all maritime traffic to and from Iranian ports. Admiral James Stavridis, a familiar “authoritative voice” within
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?
