Australia’s productivity collapses to zero amid weak investment and population surge
Australia’s labour productivity has effectively stalled, with new analysis showing growth has collapsed to zero, placing the country near the bottom of advanced economies since the COVID-19 pandemic. According to an OECD assessment cited in
Key quad meeting in Washington: Australia at the forefront of Indo-Pacific strategy
In a pivotal diplomatic gathering on July 1, the foreign ministers of the United States, India, Japan, and Australia will convene in Washington for the 2025 Quad Foreign Ministers’ Meeting, with US Secretary of State
No panic at the pump: Fuel prices hold steady despite Iran-Israel ceasefire
Despite recent tensions in the Middle East and fears of a global oil shock, fuel prices across Australia have remained surprisingly steady. The ceasefire between Iran and Israel — announced after a series of intense
Darwin embraces Greece at GleNTi 2025
The aroma of grilled meats and the sound of bouzouki music filled the Darwin Esplanade as an estimated 40,000 people gathered over the weekend for the much-anticipated return of the Darwin GleNTi Festival — Darwin
Coalition pushes Albanese to meet Trump amid AUKUS uncertainty
Australia’s opposition is urging Prime Minister Anthony Albanese to urgently secure a meeting with US President Donald Trump, following news that the Trump administration is reviewing the AUKUS security pact. The review casts doubt over the
Strategic Gap: Australia ranks 15th in global defence spending amid growing regional threats
As geopolitical tensions mount, Australia finds itself under increasing pressure to reassess its military preparedness. New data has revealed that the country ranks only 15th globally in defence spending – far behind nations like Saudi
Police under fire for failing to warn women about released violent partners
Victoria Police is facing fierce criticism after admitting it does not have the resources to warn women when their violent former partners are released from jail. The decision came despite a recommendation from State Coroner
PULS missile system paves the way for Greece’s “Achilles Shield” as defence cooperation with Israel and UAE deepens
Greece is moving decisively to strengthen its military deterrence, following parliamentary approval for the acquisition of the Israeli-made PULS multiple rocket launcher system, a key component of the country’s planned multi-layered air and missile defence architecture known as the “Achilles Shield”. The Special Standing Committee on Armaments Programs of the
1,200 millionaires are coming to Greece with €7.7 billion in their suitcases – the country ranks eighth worldwide
Greece ranks eighth globally as a destination for millionaires, attracting over 1,200 individuals annually who seek safety, stability, and a better quality of life for themselves and their families. According to a recent report by
From Austria to Neo Voutza: A new fire truck for volunteers
A new high-capacity fire truck has recently joined the ranks of the Neo Voutza Volunteer Fire Department (PY.S.E.TH.), significantly enhancing its ability to prevent and combat fires in the region. The vehicle is a Mercedes
Greece ejects Turkey’s objections to updated Maritime Spatial Planning Map
Greece has firmly dismissed Ankara’s latest objections to the updated Greek Maritime Spatial Planning (MSP) map uploaded to the European Commission’s platform, stressing that Turkey’s claims lack any basis in European or international law. In
The Norwegian energy success story and what Greece can learn
As part of my ongoing analysis on NewsBreaks artilce regarding energy policy and national resource management, Michalis Christodoulides examine here how Norway transformed its hydrocarbon reserves into a long-term national advantage — and what lessons
“Medusa 14”: A Greek–Egyptian message of strength and deterrence in the southeastern Mediterranean
The large-scale air–naval exercise “Medusa 14” is in full progress in the wider area of Alexandria, Egypt, from 16 to 26 November. The exercise, which began a decade ago as a bilateral joint-operation initiative between
Greece expands tourism footprint with new GNTO (EOT) office opening in Melbourne, Australia
Greece has taken a significant step toward strengthening its presence in the Australian tourism market with the official launch of a new Greek National Tourism Organization (GNTO) office in Melbourne. The office, housed within the
Robert Fico confronts Brussels, claiming EU has abandoned democracy
Slovak Prime Minister Robert Fico has crossed a line Brussels hoped no European leader would openly cross — and he has done so publicly. In a sweeping and highly confrontational statement, Fico accused the European Union of suppressing free speech, manipulating democratic processes, enforcing double standards on energy policy, and
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.
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
