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
China temporarily bans BHP iron ore exports, raising concerns in Australia
Prime Minister Albanese urges quick resolution to maintain smooth market operations. China has temporarily banned iron ore exports from BHP, Australia’s largest mining company, sparking concern in the Australian government. According to Bloomberg reports, the
Sussan Ley slams Albanese over UK Labour speech funded by taxpayers
Prime Minister Anthony Albanese’s decision to address the UK Labour Party’s annual conference in Liverpool has sparked fierce criticism at home, with Opposition Leader Sussan Ley accusing him of “crossing the line” and engaging in
Anthony Albanese invites UAE retail giant LuLu to Australia
Australian Prime Minister Anthony Albanese has shown keen interest in the international retail chain LuLu Hypermarket, inviting Indian billionaire MA Yusuff Ali to consider expanding the company into Australia. The invitation came during the Prime
US gives green light to AUKUS ahead of Albanese’s visit to Washington
Australia’s largest-ever defence agreement, AUKUS, appears to have successfully passed a US government review, paving the way for its continuation ahead of Prime Minister Anthony Albanese’s visit to Washington next month. The review began in
Federal government’s 5% First Home Deposit Scheme launches tomorrow – concerns over rising prices
Starting tomorrow, Wednesday, October 1, the federal government’s new First Home Buyer Scheme will officially begin, allowing Australians to enter the housing market with just a 5% deposit. The remaining portion will be guaranteed by
Australia cuts deficit by $18 billion through strong labour market and fiscal restraint
The Albanese government has reported a major improvement in Australia’s finances, with the federal budget deficit slashed by $18 billion — a result of robust employment growth, higher wages, and careful spending control. Treasurer Jim
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
The importance of the Greek Exclusive Economic Zone
In 1967, Malta’s Ambassador to the United Nations, Arvid Pardo, called for an international conference to devise a new law of the seas. In this call, he referred to the oceans as “the common heritage
Lamda Development warns against last-minute ministerial decisions regarding delay-plagued Helleniko project
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given that the privatization remains mired in Greece’s ubiquitous “red
Greece sees its future as the Florida of Europe
Tourists in hats, cameras slung around their necks, crane them for a view. In the heart of old Athens, it is a reminder that the holiday season has begun. Last week as parties from cruise
More than one in four young Greeks are not working or studying
More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in the second-worst position among the members of the European Union,
Heat wave with temperatures up to 41°C to strike Greece July 1-5
A heat wave with temperatures reaching up to 41 degrees Celsius is forecast to strike Greece in the upcoming weak. Temperature have risen as of this Monday, July 1st, and will remain high until at
Greek Trump: Mayor wants to build a wall to segregate Roma settlement
An elected mayor in Northern Greece wants to build a wall around a Roma settlement even if it is illegal and against the Constitution and no public servant, no matter how racist one is, could
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
US bolsters forces in the Middle East amid rising tensions with Iran
The United States has significantly reinforced its military presence in the Middle East, deploying two aircraft carrier strike groups, additional warships and combat aircraft as tensions with Iran escalate. The move comes amid reports that
European industry warns sky-high energy costs are crushing competitiveness
More than 1,300 business leaders and industry organisations across Europe have issued an urgent appeal to Brussels. European industry warns sky-high energy costs are crushing competitiveness, warning that soaring energy prices and carbon charges are
World Greek Language Day: Honouring the language that shaped civilisation
Greece officially marked World Greek Language Day for the first time on 9 February this year, with a sense of responsibility and pride, Foreign Minister Giorgos Gerapetritis said in a public message. He noted that
BrahMos missiles and Tejas Fighters? What India proposed to Greece
During his official visit to New Delhi, Greek Defence Minister Nikos Dendias laid the groundwork for a new chapter in Greece–India defence relations. BrahMos missiles and Tejas Fighters? What India proposed to Greece is one
Calm waters in the Aegean: what Mitsotakis and Erdoğan agreed on — and where they still disagree
A meeting aimed at stability The meeting between Greek Prime Minister Kyriakos Mitsotakis and Turkish President Recep Tayyip Erdoğan in Ankara, held during the 6th Greece–Turkey High-Level Cooperation Council, confirmed that the current phase of
Iranian regime accused of executing wounded protesters in hospitals as Trump issues ultimatum
Iran’s ruling regime has been accused of carrying out executions of wounded anti-government protesters inside hospitals, as United States President Donald Trump escalated pressure on Tehran with the threat of further military action. Disturbing reports
