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.
Thessaloniki: Protesters against name deal target President Pavlopoulos
About 250 protesters, have gathered outside Thessaloniki’s Music Hall to protest against the deal which will rename Greece’s northern neighbor “North Macedonia”. The protest is being staged on the occasion of the visit of Greek
FYROM’s name change deal may be an achievement for the E.U., but undemocratic
After the disintegration of Yugoslavia in 1991, Greece’s northern neighbor stole the Greek name “Macedonia”—but Athens refused to recognize it, saying it gave legitimacy to territorial, historical, and ethnic claims over the millenial old northern
Costas Karamanlis on Prespa agreement: ND’s criticism ‘powerful and fully documented’
Former Greek prime minister Costas Karamanlis (2004-2009) on Thursday removed any doubts over his stance regarding the contentious Prespa agreement, which comes up for ratification in Greece’s Parliament later in the evening. Karamanlis and his
Greece one of least prepared Countries in EU for electric cars
Netherlands-based automobile leasing and fleet management company, LeasePlan, says that Greece is one of the least prepared countries in Europe to welcome the use of electric cars. This is greatly due to the fact that
EU Parliament groups nominate Tsipras and Zaev for Nobel peace prize 2019
Greek Prime Minister Alexis Tsipras and North Macedonia Prime Minister Zoran Zaev have been nominated for the 2019 Nobel Peace Prize by the leader of the EU parliament Socialists and Democrats (S&D) group Udo Bullmann,
Greek parliament ratifies Prespes agreement with 153 YES
The Greek Parliament ratified the historical Prespes Agreement with 153 YES. The majority was achieved with 145 SYRIZA votes as well as with the votes of ministers Kountoura (ex ANEL) and Papakosta (independent), two votes
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
Greek passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell
U.S. says Turkey violated international law, NATO commitments in Mediterranean
Turkey broke international law and its NATO commitments in the eastern Mediterranean during a dispute with Greece last year over territory, U.S. Secretary of State Antony Blinken said. Bilateral disputes should be settled peacefully and
The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas
Donald Trump should lift the arms embargo on Cyprus now
Every day the arms embargo remains in place undermines U.S. national security, undercuts the deployed U.S. military, and signals to U.S. allies that Washington is unreliable. On July 20, 1974, Turkish forces—utilizing U.S.-made and supplied
Game over for oil… The economy is next
It’s game-over for most of the U.S. oil industry and the repurcussions are global Prices have collapsed and storage is nearly full. The only option for many producers is to shut in their wells. That
The coming Greater Depression of the 2020s
While there is never a good time for a pandemic, the COVID-19 crisis has arrived at a particularly bad moment for the global economy. The world has long been drifting into a perfect storm of
