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
Australia concedes defeat in high-stakes battle to host COP31, handing victory to Turkey
Australia is preparing to concede defeat in its bid to host next year’s major United Nations climate summit, COP31, despite months of lobbying, millions of dollars in preparatory work, and strong public advocacy from senior
Greece expands tourism footprint with new GNTO (EOT) office opening in Melbourne, Australia
Greece has taken a significant step toward strengthening its presence in the Australian tourism market with the official launch of a new Greek National Tourism Organization (GNTO) office in Melbourne. The office, housed within the
ANZ and NAB chiefs face parliamentary scrutiny after record fines and misconduct
Australia’s largest banks are facing intense parliamentary scrutiny as the government examines past misconduct, employment practices, and customer protections. ANZ’s new chief executive, Nuno Matos, publicly apologised to a parliamentary committee for the bank’s historic
Australians hold 209 million days of unused annual leave as employment landscape shifts
Australian workers are heading into the summer break with a massive stockpile of unused annual leave, collectively sitting on 209 million days of accrued holidays, new data from research firm Roy Morgan shows. The near-record
Surge in social media use replaces sport, reading and arts among Australian children
A dramatic rise in social media use among children and adolescents is reshaping daily routines and pushing aside key developmental activities such as sport, reading and music, according to a major new study by the
Optus fined $826,320 after major verification flaw allows scammers to steal customer identities and tens of thousands of dollars
Optus has been hit with a substantial $826,320 penalty after a serious security lapse allowed scammers to bypass customer verification processes and steal as much as $39,000 from individual victims. The Australian Communications and Media
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
Greek derby abandoned due to crowd trouble
The Greek derby between Panathinaikos and Olympiacos at the Athens Olympic Stadium was abandoned on Sunday due to crowd trouble. Deep inside the second half as their team were losing 1-0, Panathinaikos fans clashed with
Thousands compete in Athens half marathon
Thousands of professional and amateur runners participated in the 8th Athens Half Marathon held in the center of the Greek capital on Sunday morning. The race held on a beautiful and warm spring day started
New Zealand mass killer visited Greece twice
The man thought responsible for the killing of at least 50 people in the unprecedented terrorist attack in New Zealand that stunned the nation and the world, visited Greece twice, local media reported on Saturday.
Turkey claims airspace violations in the Aegean are “legal”
Turkey has claimed that airspace violations in the Aegean are “legal” and “no threat to Greece.” Calling Turkish flights over Aegean “a threat” is incompatible to good neighborly ties, the Turkish Foreign Ministry said in
Exact replica of Nike of Samothrace awaiting to be transferred to home island
An exact replica of the iconic marble sculpture of Nike of Samothrace, one of the most spectacular exhibits in the Museum of the Louvre, has been temporarily placed in the city of Alexandroupolis, NE Greece,
Recognition of Macedonian language a ‘grave mistake,’ says prominent linguist
Greece committed a “grave mistake” in recognizing the existence of a Macedonian language, prominent linguist and former education minister Georgios Babiniotis said, adding that the clause in the Prespes accord signed between Athens and Skopje
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
China will destroy US military in fight over Taiwan, top secret document
China will destroy US military in fight over Taiwan, according to a leaked top-secret document from the United States Department of Defense known as the “Overmatch Brief.” The report warns that if war erupts between
Europe faces reckoning as its Ukraine ‘Victory’ illusion crashes
Europe faces a reckoning as its Ukraine ‘victory’ illusion crashes — after spending four years living in a fantasy that Ukraine would advance, Russia would collapse, and “victory” was only one more weapons package away.
Australia at centre of AUKUS push as UK and US call for faster delivery and greater burden sharing
Australia has been thrust firmly into the spotlight of the AUKUS security pact, with both the United Kingdom and United States urging Canberra to accelerate its commitments and take on a greater share of the
Germany: Record number of bankruptcies for businesses and individuals
Germany is experiencing its highest number of bankruptcies since 2014, with experts warning that the peak of the crisis “has not yet been reached.” According to the credit rating agency Creditreform, approximately 23,900 companies will
Hamas signals openness to “freezing or storing” weapons as talks enter difficult second phase
Hamas has indicated it is willing to discuss the “freezing or storing” of its weapons arsenal as part of the emerging ceasefire framework with Israel, according to senior official Bassem Naim, who spoke to the
Modi welcomes Putin with full honours in New Delhi
Russian President Vladimir Putin received a ceremonial welcome in India on Friday, with Prime Minister Narendra Modi hosting him in a display designed to highlight the deep and enduring ties between the two nations. Putin
