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
Brake fire on Virgin Australia plane quickly contained at Brisbane Airport
Emergency crews rushed to Brisbane Airport on Thursday evening after a Virgin Australia aircraft experienced a small brake fire moments after landing. The Boeing 737, operating flight VA454 from Darwin, touched down shortly before 7pm
Australia exported two decades’ worth of gas in just five years, report finds
Australia has exported enough natural gas in the past five years to meet domestic needs for more than two decades, according to a new report that has reignited debate over energy policy and national security.
Super beaver moon and meteor showers to illuminate Australian skies tonight
Australian stargazers are in for a celestial spectacle tonight, with a dazzling “super beaver moon” lighting up the night sky, followed by an impressive meteor display later this month. The beaver moon is the traditional
ASIO chief warns: At least three foreign nations willing to kill on Australian soil
Australia’s top intelligence chief has issued one of the country’s starkest national security warnings in years, revealing that at least three foreign nations are willing and capable of carrying out assassinations on Australian soil. Speaking
Reddit and Kick added to Australia’s under-16 social media ban
Australia has expanded its upcoming under-16 social media ban to include Reddit and the Australian streaming platform Kick, just five weeks before the law takes effect. The two platforms join a growing list of services
Interest rates remain unchanged at 3.6% — RBA says “It’s not yet time to ease”
The Reserve Bank of Australia (RBA) has decided to keep the official cash rate steady at 3.6%, confirming predictions from the nation’s four major banks and sending a message of “patience” to borrowers hoping for
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
Tears at the Mati victims memorial service one year after deadly fires
Citizen Protection Minister Michalis Chrysochoidis attended the memorial service held on Sunday in memory of the 102 victims of the deadly fire in Mati a year ago. “I can assure you that such a tragedy
PM Mitsotakis announces generous tax cuts incl. properties ENFIA
Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax
PIPES: Kastelorizo: Mediterranean flash point
That Athens controls this wisp of land implies it could (but does not yet) claim an exclusive economic zone (EEZ) in the Mediterranean Sea extending 200 nautical miles to Kastelorizo. This would reduce the Turkish
EU agrees to sanction turkey for drilling in Cypriot water
A surprisingly muscular response beyond mere threatening rhetoric out of the European Union over Turkey’s violations of Cypriot territorial waters related to offshore drilling operations: the EU has agreed to bring financial and political sanctions
Archaeology Piece of skull found in Greece ‘is oldest human fossil outside Africa’
A broken skull chiselled from a lump of rock in a cave in Greece is the oldest modern human fossil ever found outside Africa, researchers claim. The partial skull was discovered in the Apidima cave
Athens-Piraeus again in ‘top 10’ in terms of global shipping hubs
The Athens-Piraeus area has returned to the world’s top 10 shipping hubs, according to a recent study by Baltic Exchange. The Greek capital bumped Korea’s Pusan from the “top 10” list, while Singapore remained first,
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
Barnier: EU ready to respond to Turkish provocations
Michel Barnier, the European Union’s chief negotiator for Brexit, reiterated on Monday EU readiness to respond accordingly in case Turkey carries out illegal hydrocarbon drilling activities, noting that the EU stands clearly behind Cyprus. Barnier,
100 Years of Silence
Pontus (“sea” in Greek),is an historical Greek designation for a region on the southern coast of the Black Sea, located in modern-day northeastern Anatolia, Turkey. The name was applied to the coastal region and its
EU warns Turkey against ‘illegal’ Cyprus drilling
The EU on Monday warned Turkey not to press ahead with exploratory drilling for oil and gas off Cyprus, calling the plan illegal and vowing to “respond appropriately”. The bloc’s diplomatic chief Federica Mogherini said
Venezuela – another failed coup attempt – What’s next?
In the early morning hours of 30 April, 2019, the self-declare “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much
The largest natural deposit in the world in Crete
NATURAL GAS worth € 600.000.000.000 An Amazing scientific proven discovery that could mean enormous economic benefits to Greece, a solution to the pension insurance and securing tens/hundreds of thousands of jobs for at least 50
Turkey drills for gas in Cyprus’ waters, prompting EU outcry
The EU and US have urged Turkey to stop drilling for gas in Cyprus’ maritime zone – but Ankara has told its allies it would do so anyway. Brussels and Washington spoke out over the
