Australia to mandate cash payments for essential purchases from 2026
Australia will introduce a nationwide cash mandate requiring major grocery and fuel retailers to accept cash payments from January 1, 2026, in a move aimed at protecting consumers who rely on physical currency for everyday
Inflation shock crushes hopes for RBA Melbourne Cup Day rate cut
Melbourne mortgage holders have been dealt a blow after new inflation data released today revealed a higher-than-expected surge in prices, effectively ending speculation about a potential Reserve Bank of Australia (RBA) rate cut on Melbourne
Australia faces growing crisis as problem gambling hits record levels
A new study by Roy Morgan has revealed that nearly 3.5 million Australians identify as either problem or at-risk gamblers, highlighting a growing social and financial crisis. Of these, 622,000 people are classified as problem
Pauline Hanson’s One Nation Party rebrands amid rising support and Joyce speculation
Pauline Hanson’s One Nation party is undergoing a significant rebranding, with Queensland Senator Pauline Hanson announcing that the party will drop her name from its official title, becoming simply One Nation. The move comes amid
Scammers now targeting Australian children: one in five families affected
Almost one-and-a-half million Australian children have fallen victim to scams over the past two years, according to alarming new research from Finder. The survey reveals that one in five parents said their child was scammed
Japan urges Albanese at ASEAN to lead regional push against China
Japan’s first female Prime Minister, Sanae Takaichi, has called on Anthony Albanese to “spearhead efforts” for a free and open Indo-Pacific, urging closer Japan–Australia leadership in response to China’s growing assertiveness in the region. During
RBA Governor Michele Bullock: “Stamp duty is stifling Australia’s economic mobility”
Australia’s Reserve Bank Governor, Michele Bullock, has identified stamp duty as one of the greatest structural barriers preventing the nation from solving its housing and labour market challenges. Speaking at the Daily Telegraph’s Future Sydney
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The announcements were described as some of the most substantial interventions of the current parliamentary term.
Greece tightens gun laws: Minister Michalis Chrysochoidis announces seven tough new measures against illegal firearms possession
The Greek government has announced sweeping new reforms aimed at cracking down on illegal gun ownership and use, following a series of violent incidents such as the recent shooting in the village of Vorizia, Crete.
U.S., Greece, Cyprus, and Israel form joint front for energy security in the Eastern Mediterranean
A new chapter in regional cooperation unfolded in Athens this week as the United States, Greece, Cyprus, and Israel reaffirmed their commitment to energy security and stability in the Eastern Mediterranean. Meeting at the Zappeion
Greece emerges as a key energy security partner in U.S. talks
Greek Prime Minister Kyriakos Mitsotakis held a high-level meeting at the Maximou Mansion with U.S. officials, including Secretary of the Interior Doug Burgum and Secretary of Energy Chris Wright, ahead of the 6th Ministerial Meeting
Vorisia tragedy: Three brothers surrender after Crete double murder as families plead for calm
Crete remains gripped by shock and grief following the brutal double murder in the village of Vorisia, Heraklion, which has revived painful memories of violent vendettas on the island. Late on Tuesday night, the three
Kimberly Guilfoyle will officially begin her duties in Greece tomorrow with presentation of credentials to President Konstantinos Tassoulas
Kimberly Guilfoyle will officially assumed her role as the new United States Ambassador to Greece, presenting her credentials to the President of the Hellenic Republic, Konstantinos Tassoulas, at the Presidential Mansion on Tuesday. The ceremony
Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes in the Eastern Mediterranean. Speaking to the Libyan News Agency, just days after an official
Biden is half right on Eastern Mediterranean arms sales
The Biden administration reportedly will ask Congress to approve a $20 billion sale of F-16s to Turkey , coupled with a separate sale of F-35 fighters to Greece . The White House is half right:
An Honest Broker No Longer: The United States Between Turkey and Greece
Over the course of 2022, Turkish President Recep Tayyip Erdogan has maintained a steady drumbeat of provocations targeting Greece. The year began with his foreign ministry issuing a statement threatening to declare Greece’s sovereignty as
Zoltan Pozsar: The dusk of the petrodollar, the dawn of petroyuan
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting
Who Was Really Behind the Istanbul Bombing?
Amid a drop in Erdogan’s approval ratings ahead of next June’s elections, there are grounds for some skepticism about who carried out the attack. by Robert Ellis Sunday’s explosion on Istanbul’s busiest thoroughfare, Istiklal Caddesi,
Blowback: Italian police bust Azov-tied Nazi cell planning terror attacks
The arrest of Italian neo-Nazis affiliated with the Ukrainian Azov Battalion highlights the terrifying potential for blowback from the Ukraine proxy war Italian police announced a series of raids against the neo-Nazi Order of Hagal
Ukraine and western allies at odds over missile that exploded in Poland
A disagreement broke out on Wednesday between Ukraine and its western allies over who launched a missile that exploded in Poland, with Nato, Warsaw and the US saying the weapon was likely fired by Kyiv’s
