Capital Gains Tax discount reform under consideration
Speculation is intensifying that one of Australia’s most controversial tax concessions, the capital gains tax (CGT) discount, may undergo significant reform as a central feature of this year’s federal budget. Senior government ministers have stopped
Economic collapse in Iran hits students in Australia
Iran’s deepening economic crisis and ongoing social unrest are now having a direct impact on thousands of Iranians living and studying abroad, with particularly severe consequences for students in Australia. The sharp devaluation of Iran’s
‘Door is open, but I’m not looking’: Ley stands firm after Coalition split
Opposition Leader Sussan Ley has moved swiftly to project stability and authority within the Liberal Party following a dramatic and highly public split with the Nationals, declaring she is “absolutely confident” in her leadership despite
Coalition in meltdown as Nationals walk out, declaring agreement with Liberals “untenable”
Australia’s federal Coalition has plunged into its most serious crisis in years, after the National Party formally withdrew from the opposition frontbench, declaring its governing agreement with the Liberal Party “untenable”. The dramatic rupture follows
Australia observes national day of mourning for victims of Bondi Beach terror attack
Australia today marks a national day of mourning to honour the victims of the December 14 Bondi Beach terror attack, which claimed the lives of 15 innocent people and deeply shocked the nation. As part
January 26 protests continue an 88-year First Nations legacy of resistance and survival
First Nations people across Australia are preparing to mark January 26 with rallies, marches and cultural events, continuing a protest tradition that stretches back nearly nine decades and predates the modern celebration of Australia Day
Hate speech and extremism laws pass Parliament as three Nationals defy Coalition line
Australia’s Parliament has passed new hate speech and extremism legislation following an early recall prompted by the Bondi terror attack, marking a significant moment for national security lawmaking—and exposing fresh fractures within the Coalition. The
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
Historic decision made to rebuild Part of the Parthenon
The Greek Central Archaeological Council (KAS) decided on Wednesday that a part of the Parthenon, now in ruins on the Athens Acropolis, is to be rebuilt using mostly materials which are now lying on the
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
Cyprus: Turkey’s drilling bid violates international law
Cyprus’ foreign ministry says Turkey’s bid to drill for natural gas in waters where the island nation has exclusive economic rights is a “flagrant violation” of its sovereignty under international law. The ministry in a
How ancient Greek vases were made
From the Neolithic period onwards, the ancient Greeks made pots in a variety of different styles. The most characteristic styles of pottery being black-figure and red-figure. In black-figure, the figures are painted using a slip
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for additional preparatory work on the 3-gigawatt electricity link connecting the power systems of Greece and
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
Turkey: Pressures, Attacks, and Discrimination against Christians
When Protestants introduce themselves to the authorities as a church, they receive warnings that they are not legal and may be closed down. In 2019, however, many members of the foreign clergy, as well as
Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads
ROME (All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life. Police officers
Are Turkish Cypriots Done with Ankara?
For the Turks, Turkey is the homeland and Cyprus is the “baby homeland.” In January 2018, several thousand Turkish Cypriots marched against what they said was Turkey’s unwanted influence that has emboldened hard-right groups to
Coronavirus Panic Goes Global: S.Korea Warns of “Watershed Moment”
78,000 cases confirmed, as Italy and Iran scramble to contain major outbreaks. The world is fast approaching a tipping point in the spread of the coronavirus, according to experts, who warn that the disease is
