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
16 hours from Australia to Greece may become a reality with Qantas
Source: Greekcitytimes Qantas has launched direct flights between Australia and Europe with non-stop routes becoming available between Perth to Rome. The new route will be the only direct flight between Australia and continental Europe offered
Australia’s bulk billing clinics are not covered by Medicare subsidies, doctors say
Doctors warn that regional areas will soon be left with few bulk-billing practices if Medicare subsidies for general practitioners are not increased. An increasing number of practices in Australia have stopped using bulk billing in
Travellers warned to expect more disruptions in coming months
Source: ABCnews Australian air travellers have been warned to expect more disruptions over the next 12 months, as the industry scrambles to fill critical worker shortages ahead of the July school holidays. It’s been a
Australia’s ski resorts celebrate snowfall by opening early
Source: 9news Ski resorts in Australia’s alpine regions are kicking off the winter season early after a polar front brought heavy snow and icy temperatures to the country’s south-east. It’s been a lean couple years
Why does this iceberg lettuce cost $11.99 and how long will Australia’s high vegetable prices last?
Source: The Guardian A Queensland shopper this week spotted iceberg lettuce selling at a supermarket for $11.99. The photo quickly went viral as evidence of the cost-of-living pressures Australians are facing. Iceberg lettuce previously cost
Dangerous Precedents And Hypothetical Threats: The Deportation Of Novak Djokovic
Australia’s treatment of Novak Djokovic, the tennis world number one, has been revelatory. Unintentionally, this has exposed the seedier, arbitrary and inconsistent nature of Australia’s border policies. The approval by the Australian Federal Court of
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
Attica submerged by severe weather: Where the heaviest rainfall fell
Attica was effectively “swamped” by extreme weather, with vast areas left underwater after rainfall levels exceeded all previous records. Residents were forced to dig their cars out of mud and debris carried by flash floods.
Targeting Maria Karystianou: How an independent voice became a threat
A wave of political vilification in full motion “Targeting Maria Karystianou at all costs,” on orders of the ‘centre of power’. Targeting Maria Karystianou: How an independent voice became a threat. Over the past few
IDF: Israel to share F-35 experience with Greece, citing Greek mastery at sea
Significant development – IDF spokesperson: “We will share with Greece what we have learned about the F-35s. The Greeks know how to prevail at sea” IDF: Israel to share F-35 experience with Greece, citing Greek
Stefanos Kasselakis: many gay politicians hide their identity in parliament and government
Stefanos Kasselakis, leader of the Democratic Movement, recently spoke in an interview with Crete TV, highlighting what he described as a significant issue in Greek politics: many gay individuals in Parliament and the government conceal
Mitsotakis: Any attempt to change the status quo in Greenland would be catastrophic
Prime Minister Kyriakos Mitsotakis issued a clear and stern warning on geopolitical stability in Northern Europe and the role of NATO, cautioning that any attempt to alter the status quo in Greenland would be catastrophic,
Greece signals extension of territorial waters as foreign minister asserts strategic strength
Greece is laying the groundwork for a future extension of its territorial waters, with Foreign Minister Giorgos Gerapetritis signalling that such a move will come “in due course,” just as Greece has already proceeded with
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?
