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
Coalition chaos deepens as Jane Hume attacks Sussan Ley amid polling collapse and leadership unrest
The federal Coalition has plunged deeper into crisis as dumped frontbencher Jane Hume delivered a blistering assessment of Opposition Leader Sussan Ley, declaring the party was “running out of time” as catastrophic polling and internal
Property investors warned of six-figure tax hit as government flags capital gains tax discount changes
Australian property investors are bracing for a potential overhaul of the capital gains tax (CGT) discount, after Treasurer Jim Chalmers again signalled the government is considering “next steps” on tax reform — a move that
Capital Gains Tax discount reform under consideration
Speculation is intensifying that one of Australia’s most controversial tax concessions, the capital gains tax (CGT) discount, may undergo significant reform as a central feature of this year’s federal budget. Senior government ministers have stopped
RBA rate decision: What it means for households, the housing market and the Aussie dollar
The RBA has raised the official cash rate by 25 basis points to 3.85 per cent, up from 3.60 per cent. The Reserve Bank of Australia has raised the official cash rate, delivering its first
Boy swims for hours to save family after being swept out to sea
Boy swims for hours to save family after being swept out to sea has been hailed as a hero after completing an extraordinary open-water swim to raise the alarm when his family was blown far
Nationals heavyweight rules out leadership tilt as Littleproud faces challenge
A senior figure within the Nationals has ruled out mounting a leadership challenge against David Littleproud, as internal pressure continues to build on the party leader ahead of parliament’s return. Nationals senator Matt Canavan has
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
Hundreds of Santas take part in Athens run 2019
Hundreds of people dressed in Santa Claus costumes took part on Sunday in a special 3-kilometer charity run in the center of Athens. This merry tradition returned to the streets of Athens for the sixth
Greek Christmas Question: Melomakarona or Kourabiedes?
This is the eternal Christmas question Greeks are challenged with every year: the traditional to-die-for Greek sweets during the festive days: Melomakarona or Kourabiedes? Melomakarona are egg-shaped calorie-bombs. They are soft and soaked in syrup
Germany: All EU members must take in Migrants
The continuing debate over migration is, at its core, about European federalism and the degree to which the European Union will be allowed to usurp decision-making powers from its 28 member states. If everything goes
Greek court hands down maximum sentences in Siemens bribery case; prominent defendants tried in absentia
A three-justice Athens appellate court on Monday handed down mostly the maximum possible prison sentences to defendants convicted last month in the more than decade-old Siemens bribery and money laundering case – although four of
EU Backs Athens and Nicosia, asks Turkey to publish Turkish – Libyan accord
During the daily briefing of the European Commission in Brussels on Wednesday, the EU asked Turkey to publish its agreement with Libya, and at the same time expressed its unequivocal solidarity with Greece and Cyprus
Dendias: Turkey blackmailed Libya
The Libyan-Turkish memorandum delineating common maritime boundaries in the Mediterranean is the product of Turkish blackmail to the embattled Libyan government and is totally devoid of substance, Foreign Minister Nikos Dendias said Sunday. “The Turkish
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
Seven UN staff arrested by Yemen’s Houthis over alleged espionage for Israel
Seven Yemeni employees of the United Nations were arrested in the Houthi-controlled capital, Sanaa, accused of spying for Israel, according to reports by the French news agency AFP. The arrests took place between Thursday night
Europe tightens pressure on Moscow: New sanctions, mirage jets for Ukraine, and Trump weighs tomahawk missiles
In a decisive show of transatlantic coordination, the “Coalition of the Willing” has agreed on tougher measures against Russia while accelerating military aid to Ukraine. The summit, held in London and attended by 33 world
Russia will unleash a devastating response to any US missile strike
Russian President Vladimir Putin has issued his starkest warning yet to Washington, vowing a “serious and devastating” response if any US Tomahawk missiles were to strike Russian territory — a threat that comes as Moscow
Mitsotakis rules out Turkey’s participation in EU SAFE program amid Aegean disputes
Greek Prime Minister Kyriakos Mitsotakis has reiterated that Turkey cannot participate in the EU’s Strategic Armaments Framework (SAFE) program as long as it maintains a casus belli against Greece and disputes the sovereignty of Greek
Russian aircraft briefly violate Lithuanian airspace near Kaliningrad
Two Russian military aircraft violated Lithuanian airspace on Thursday afternoon, entering for just 18 seconds before leaving. The incident occurred near the border with the Russian exclave of Kaliningrad, raising concerns over European airspace security.
EU leaders commit to address Ukraine’s financial deeds, push digital and green agenda
At the European Council summit held on October 23, 2025, the leaders of 26 EU member states, with the exception of Hungary’s Viktor Orbán, pledged to address Ukraine’s pressing financial needs for 2026 and 2027.
