Australia deploys Wedgetail surveillance aircraft to Gulf as Iran conflict escalates
Australia will deploy a Royal Australian Air Force surveillance aircraft to the Middle East after a request from the United Arab Emirates, as regional tensions escalate amid Iranian attacks involving drones and rockets. Prime Minister
Police investigation underway after toddler found dead in car on sweltering day
A 22-month-old boy, who could not be revived, was found inside a car in Sydney’s west on a sweltering day after family noticed he wasn’t in their house. Police are investigating whether a toddler died
Greek Community executive members meet Minister Mikakos
In a spirit of cooperation and noting historical support from minister Mikakos and the Andrews Labor Government, President Bill Papastergiadis, together with the Secretary of the Greek Community of Melbourne (GCM), Costas Markos, met with
Small business asset tax break extended
The instant asset write-off for small businesses will be extended to June 30, 2020 and lifted to cover purchases of up to $25,000. Small businesses will get an extra tax break with the Morrison government
Ministers leaving for personal reasons: PM
Scott Morrison says characterising ministerial resignations as rats leaving a sinking ship is offensive, despite the coalition struggling in opinion polls. Prime Minister Scott Morrison has bristled at suggestions an exodus of coalition frontbenchers ahead
‘Absolute waste’: NSW residents shocked over scale of second wave of fish deaths
Residents in the NSW town of Menindee have expressed shock at the scale of the latest mass fish death, calling it “an absolute waste”. Locals have woken up to a thick blanket of dead fish
Police allege Sydney family ran lucrative baby formula theft ring
A family ran a crime syndicate that stole more than $1 million worth of baby formula from across Sydney and sent it to China, police say.A Sydney family ran an expansive crime empire that stole
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
PM Mitsotakis: By 2023 Greeks living abroad will be able to vote per post
“By 2023 you will finally be able to vote from your permanent place of residence,” Prime Minister, Kyriakos Mitsotakis, told the Greek-American community of Astoria during his visit to New York. One of the key
Gold mask, bronze helmets uncovered at ancient cemetery of Macedonian warriors
Archaeologists in northern Greece have uncovered a gold mask and bronze helmets from a vast ancient cemetery at Ahlada, near the town of Florina. In a statement Friday, the Culture Ministry said the most impressive
Archaeological Museum of Athens to host events on Antikythera Mechanism and the Moon
The National Archaeological Museum of Athens announced on Thursday that a total of four presentations on the Antikythera Mechanism and the understanding ancient Greeks had of the moon will be held in September, October, and
Greece to push for action on protecting cultural heritage at UN climate summit
Greece will present a proposal for coordinated action to protect cultural and natural heritage from the impact of climate change on Monday at the UN Climate Action Summit, taking place in New York City. Greek
Council of State rules “religion courses in schools only for Greek-Orthodox students”
`The Council of State ruled on Friday that religion courses in primary and secondary education schools are exclusively “Greek-Orthodox.” The ruling cancels the previous content of religious books as it was decided by SYRIZA Education
Plan to tax Airbnb, short-term rentals underway
The tourism ministry is considering imposing a tax on short-term rentals such as Airbnb on the grounds that it would establish equal treatment with hotel accommodations. As the daily Ta Nea has reported, sources say
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
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?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
