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
Opposition calls for senate inquiry into Chinese-linked net zero project
The federal opposition in Australia has called for a formal investigation into a $2.6 billion renewable energy project after it was revealed that Genaspi Energy, the Australian company behind the initiative, had outsourced key components
Australia poised for economic boom from ‘game-changer’ rare earths deal
Australia is set to reap massive economic benefits from a landmark rare earths agreement signed between Prime Minister Anthony Albanese and US President Donald Trump, described by industry leaders as a “game-changer” for the nation’s
Albanese defends ‘magnificent’ Kevin Rudd after tense encounter with Donald Trump
Prime Minister Anthony Albanese has offered his full backing to Australia’s ambassador to the United States, Kevin Rudd, following a tense but ultimately productive meeting between the former Australian prime minister and Donald Trump in
China defends ‘provocative’ jet move after Australia’s protest over South China Sea incident
China has accused Australia of “provocative acts” and “illegal intrusion” after a Royal Australian Air Force (RAAF) surveillance plane was targeted by flares from a Chinese fighter jet over the South China Sea on Sunday,
Albanese government moves to curb supermarket price gouging with new laws
The Albanese Government has unveiled draft legislation aimed at cracking down on excessive pricing by Australia’s largest supermarket chains, delivering on a key election promise to protect consumers from what the Prime Minister has described
Ley promises tax cuts as Coalition seeks political revival
Opposition Leader Sussan Ley has unveiled the Coalition’s first major economic policy since its election defeat, pledging tax cuts for low and middle-income Australians in an attempt to reassert the party as a credible alternative
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
Tax breaks
During the years of the crisis Greek citizens shouldered a huge tax burden. Those who did not have the means to hide their incomes – salaried employees and pensioners – bore the bulk of the
Greece resumes migrants deportations to Turkey
Greece says it is restarting deportations of migrants to Turkey in an effort to deal with the increasing number of illegal crossings in recent weeks, the Associated Press reported on Friday. The number of migrants
France to briefly return Parthenon metope to Greece on occasion of 2021 events
France will reportedly loan a frieze from the Parthenon, displayed today at the Louvre, to Greece on the occasion of events and comme-morations in 2021, the 200th anniversary of the beginning of the Greek War
Samos: Tourists and locals evacuated as forest fire is ranging
A big forest fire is raging on the island of Samos and authorities have ordered the evacuation of two hotels as well residents of the area of Mesokampos near Pythagorio. The fire broke out in
Unaccompanied teen migrant accused of fatally stabbing compatriot at Lesvos ‘hotspot’
A minor from Afghanistan, reported as being roughly 15-years-old, was arrested at a “hotspot” on the eastern Aegean island of Lesvos (Mytilene) overnight after he allegedly fatally stabbed a compatriot, also identified as a teenager.
First corporate-business tax cut ‘fixed’, according to Greek PM Mitsotakis
Another highlight from Greek PM Kyriakos Mitsotakis’ wide-ranging interview to “Le Figaro” this week was an announcement that the first reduction in the corporate tax rate, from 28 to 24 percent, for 2019 profits has
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
Ukrainian drone strikes could devastate Europe’s energy security
Russia has claimed that Ukrainian drones launched an attack on a key pumping station for the TurkStream pipeline, which supplies natural gas to Turkey and several European countries. Moscow’s Defence Ministry confirmed that Russian air
Zuckerberg’s censorship shift is far from free speech
Facebook is attempting to reposition itself to remain relevant, but will it move beyond mere lip service to those advocating for true free speech? Zuckerberg’s censorship shift is far from free speech. Why are some
EU cancels Turkey’s “Turkaegean” Trademark
Greece has secured a major legal victory as the EU cancels Turkey’s “Turkaegean” Trademark. The European Union Intellectual Property Office (EUIPO) cancelled Turkey’s controversial “Turkaegean” trademark, citing cultural and economic concerns. The decision announced on
Los Angeles wildfires: Over 2,000 homes Destroyed as 7,500 firefighters battle infernos
The sprawling city of Los Angeles is in crisis as wildfires engulf vast areas, consuming homes, vehicles, and forcing tens of thousands to evacuate. The fires have devastated 117,727 acres, destroyed over 2,000 homes, and
Meta’s decision to halt Fact-Checking raises concerns in Australia
Australia has expressed significant concern over Meta’s recent decision to discontinue its fact-checking programs on Facebook and Instagram in the United States. Treasurer Jim Chalmers highlighted the potential dangers of misinformation and the broader implications
Los Angeles under siege: Devastating wildfire forces mass evacuations
Los Angeles is engulfed by a relentless wildfire, causing widespread destruction and panic. The blaze, which erupted on Tuesday (07/01), spread rapidly across the hills surrounding the “City of Angels.” Fierce winds exacerbated the situation,
