Australia to mandate cash payments for essential purchases from 2026
Australia will introduce a nationwide cash mandate requiring major grocery and fuel retailers to accept cash payments from January 1, 2026, in a move aimed at protecting consumers who rely on physical currency for everyday
Pentagon confirms AUKUS nuclear submarine deal moving ahead
The Pentagon has completed its review of the landmark AUKUS defence pact involving Australia, the United States and the United Kingdom, confirming that the trilateral submarine program remains on track despite earlier uncertainty under the
Greek-Australian’s winter sports dream hits the slopes by 2028
Greek-Australian’s winter sports dream hits the slopes by 2028, as Australia is closer than ever to having its first indoor ski resort. The ambitious $700 million Winter Sports World project — to be built in
“Listen, don’t ban us”: Young Australians speak out against the teen social media blackout
“Listen, don’t ban us” is what young people across Australia are saying, as thousands under the age of 16 prepare to be locked out of their social media accounts from next Wednesday. The federal government’s
More than one million Australians to receive social security boost from January
More than one million Australians will receive higher social security payments from January 1, 2026, as part of the federal government’s latest indexation round, Social Services Minister Tanya Plibersek has confirmed. The increases will apply
Federal Government announces major overhaul of defence agencies to improve efficiency and accountability
The federal government has unveiled a significant restructuring of the Department of Defence, consolidating three major agencies into a single, streamlined entity. Deputy Prime Minister and Defence Minister Richard Marles announced that the Capability Acquisition
Millions of Aussies at risk of losing thousands in health benefits by year-end
Millions of Australians could lose thousands of dollars in health insurance benefits by the end of the year if they don’t act fast. According to a study by Money.com.au, the extras benefit limits of many
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The announcements were described as some of the most substantial interventions of the current parliamentary term.
Greece furious over north neighbor’s “Wines of Macedonia”
It came as expected and feared. Companies in North Macedonia omit the geographic term and sell their products with state labeling as simple “Macedonian.” And this despite the Prespes Agreement or because of it that
2,300 Year old Greek Necropolis found in Bari, South Italy
Bari, the capitol of south Italy’s Puglia region was one of the many coastal city states of Magna Greacia (‘Great Greece’) settled by the Greeks from the 8th century BC. The enduring legacy of Greek
Impressive! The moment lights go off as Acropolis joins Earth Hour
It was a moment of magic to see Greece’s famous landmark sinking in the dark. At 8:30 sharp on Saturday night, lights went off in Acropolis as in many other buildings of the Greek capital
Unpardonable and irresponsible lies
The theoretical and easy self-criticism of ministers and SYRIZA cadres is fine, but at some point they have to confront the results. We make mistakes and sometimes unpardonable ones, Deputy PM Yannis Dragasakis told Parliament
Opportunity
The Pasok-centred Movement for change paid a debt of honour to Andreas Papandreou. It is a debt not just because Andreas Papandreou played a leadimg role in fashioning the contremporary centre-left, but also because the
Envelope for the next PM
The climate and atmosphere surrounding the government is not the best. Pressures from the electorate are patently obvious. There are plenty of disputes and initiatives which are collapsing one after the other. These initiatives do
Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes in the Eastern Mediterranean. Speaking to the Libyan News Agency, just days after an official
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
