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
Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
Albanese and Chalmers under pressure to act on negative gearing reform
Prime Minister Anthony Albanese and Treasurer Jim Chalmers are facing renewed pressure to overhaul Australia’s negative gearing rules amid growing concern about housing affordability and younger Australians being locked out of the property market. Unions
Australia to purchase 11 frigates from Japan in a deal worth a reported $10 billion
Australia is moving forward with the acquisition of 11 Mogami-class frigates, which will be built by the Japanese group Mitsubishi Heavy Industries (MHI), in a deal worth $10 billion. The announcement was made by Australian
Millions of Australians face financial hardship in retirement, new reports warn
A growing number of Australians are increasingly concerned about their ability to maintain financial security in retirement. Millions of Australians face financial hardship in retirement, new reports warn, with recent studies revealing a significant gap
Australia bans YouTube accounts for under-16s in major child safety overhaul
The Australian government has announced a landmark ban on children under 16 having personal YouTube accounts, marking a major step in its campaign to protect young users from online harm. From December 10, 2025, YouTube
One in Three Students Falling Behind, 2025 NAPLAN Results Reveal
A third of Australian students are failing to meet expected literacy and numeracy standards, according to the latest NAPLAN results released today. The report shows that while some improvements have been made, significant educational gaps
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
50 years since the fall of the dictatorship and the restoration of Democracy in Greece
It was July 24, 1974, when the military handed over power to the politicians, after the collapse of the seven-year dictatorship, under the weight of the Turkish invasion of Cyprus… On 23 July 1974, the
Ankara provokes tension in Kassos with five Turkish warships
Ankara is causing tension near Greek territorial waters in Kassos with the presence of five Turkish warships, due to investigations by the Italian ship “Ievoli Relume” for the installation of submarine cables connecting Crete to
Greek commandos, guardians of the Aegean, are now in Poland
The Mitsotakis government has made the fateful decision to withdraw elite amphibious commandos from the Greek islands and redeploy them to the Ukrainian border. Greek commandos, guardians of the Aegean, are now in Poland. The
Greek mercenary ‘Zeus,’ who murdered Russian prisoners, was eliminated
“Shocking news from the Russian media about the extermination of the Greek mercenary ‘Zeus,’ who murdered Russian prisoners, was eliminated. Tasos Antonakos, known by the nickname ‘Zeus’. Antonakos, who was allegedly involved in massacres of
Tax evasion and money laundering linked to estate of famous Greek singer
“I have not evaded taxes, I have never been asked to explain myself,” he says Popular Greek singer Antonis Remos has found himself at the centre of a 1.5 million euro tax evasion and money
The Guardian on Greece’s 6-day week – “Already the longest working week in Europe”
It means the traditional 40-hour working week could be extended to 48 hours for some companies. Under the telling headline “Greece introduces six-day working week with ‘growth orientation’”, the UK’s Guardian reports on the implementation
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
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
