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
Australia’s big four banks slash thousands of jobs – Everyday customers to bear the cost
Australia’s four major banks – ANZ, Commonwealth Bank (CBA), NAB, and Westpac – are continuing a worrying trend of large-scale redundancies, with thousands of positions cut over the past year. Banks aim to boost profits,
Anthony Albanese praises EU for following Australia’s lead on social media restrictions for children
Australian Prime Minister Anthony Albanese has welcomed the European Commission’s decision to follow Australia’s lead in implementing strict social media restrictions for children under 16. European Commission President Ursula von der Leyen announced the creation
Measles alert: Second case in Cairns – Vaccination urged for Bali travellers
Queensland health authorities have confirmed a second case of measles in Cairns, urging travellers to Bali to ensure they are vaccinated. The new case involves a close contact of a person diagnosed last week after
Dementia now Australia’s leading cause of death
Dementia has overtaken all other illnesses to become the leading cause of death in Australia, according to a sobering new report from the Australian Institute of Health and Welfare (AIHW). In 2023, nearly 17,400 Australians
Awkward Moment for Anthony Albanese at Pacific Summit – $100 Million Pledge to Climate Fund
Australian Prime Minister Anthony Albanese found himself in an awkward situation during the Pacific Islands Forum in the Solomon Islands when he arrived wearing the wrong shirt. Instead of the navy-blue shirt worn by the
Alleged tobacco ‘mastermind’ arrested after major Melbourne raid
Melbourne authorities have charged the alleged ringleader of a criminal syndicate believed to supply illegal tobacco across the city, following a raid on a North Coburg property. The 49-year-old man is accused of orchestrating a
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
OPEKEPE: Georgiadis launches fresh attack on European prosecutor Papandreou
Health Minister Adonis Georgiadis has launched a fresh attack against European Prosecutor Popi Papandreou, in relation to case files connected to the OPEKEPE scandal. Speaking on Action24, he questioned the manner in which the prosecutor
Greece’s political crisis intensifies amid scandal storm
A society at boiling point amid daily scandals and misuse of public funds – growing calls for immediate elections, as the public dismisses manipulated polling Greek society is increasingly on edge, with daily scandals and
Postal voting approved for Greeks abroad
Greek citizens living abroad will now be able to participate in national elections through postal voting, after Parliament approved the relevant provisions of the Ministry of Interior’s bill with over 200 votes in favor. The
Souda espionage case: Greek intelligence had Georgian suspect under surveillance for a month
Greek authorities have revealed that the National Intelligence Service (EYP) had been closely monitoring a 36-year-old Georgian national for approximately one month before he was brought in for questioning on Monday (March 2) over alleged
Greece deploys “Kimon” frigate and additional naval assets to Cyprus amid regional escalation
Greece has decided to deploy two naval frigates to Cyprus following what officials described as a dangerous escalation in the region. The move was approved by the Government Council for Foreign Affairs and Defence (KYSEA)
Emergency security measures at Souda Bay base following Iranian threats against U.S. installations
March 1, 2026 Emergency security protocols have been activated at the strategically significant Souda Bay military base in Crete following a formal statement by Iran’s Islamic Revolutionary Guard Corps (IRGC), which declared that all American
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
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.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
