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
Australia’s Digital ID Bill was swiftly passed through the Senate, sparking an outcry over the lack of debate
The government-backed digital identity scheme, known as the ‘Digital ID Bill 2023’, was rushed through the Senate without thorough discussion, prompting criticism over its hurried implementation. This legislation lays the groundwork for a comprehensive digital
Airports brace for busiest day of the year as Easter travel kicks off
Hundreds of thousands of people are expected to jam airport queues and crowd roads today ahead of the long Easter weekend. More than 200,000 people are expected to pass through Sydney and Melbourne airports in
Sally Capp to step down as Lord Mayor of Melbourne
Sally Capp has announced she will step down as Lord Mayor of Melbourne after six years in the role. Capp, who was elected in 2018, announced this morning “with mixed emotions” that she would not
Melbourne and Sydney record surge in population
Both Melbourne and Sydney have seen a surge in population growth, according to new data from the Australian Bureau of Statistics (ABS). The biggest increase was seen in Melbourne, which jumped by 167,500 people in
Inflation holds steady at 3.4 per cent
Inflation has held stable at 3.4 per cent for the third month in a row, according to figures from the Australian Bureau of Statistics. Inflation in the 12 months to February was driven by increases
One in 20 mortgage holders spend more than they earn, says new RBA report
A new Reserve Bank report reveals a worrying trend in Australia, with one in 20 mortgage holders spending more money than they earn. What’s more, tens of thousands of households are at risk of running
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
Quake, 4.6R, in extreme SE Greece
A light earthquake measuring 4.6 on the Richter scale was recorded at 21.10 (19.10 GMT) in extreme southeastern Greece, according to a geodynamic institute in Athens. The quake’s epicenter was located nine kilometers northwest of
Iconic baker of Kos, who fed refugees during 2015 crisis, dies
The iconic baker of Kos, an island in the eastern Aegean, Dionysis Arvanitakis, who became known throughout Europe for his daily and constant assistance to the hundreds of third country nationals that arrived on the
The dilemma of the election
The current accumulation of political events and developments is unprecedented in the over decade-long economic crisis. Political time is teeming with activity at the supposed end of the great crisis. The Macedonian naming issue, the
Cyprus First, Greece Third in Reception of European Social Funds for 2018
The Republic of Cyprus ranked first, and Greece third, among EU member states in cumulative payments made from the European Social Fund in 2018. This disclosure comes from a statement made by the Cypriot Labor,
Proposed 350 Million Euro investment for Cannabis production in Greece
A total of thirty separate proposed foreign investments in medical and industrial cannabis production have been submitted to Greek authorities for approval, it was revealed on Sunday. According to sources quoted by the Athens-Macedonian News
Greek Ministry of Justice refutes reports on terrorist Koufontinas’ new furlough
The Greek Ministry of Justice, Transparency and Human Rights denied Saturday reports suggesting that the terrorist of “November 17” group Dimitris Koufontinas was granted another 6-day furlough. Earlier on Saturday, many Greek media outlets reported that
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?
