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
Peter Dutton: Plans to abolish the role of Ambassador for First Nations Peoples
The leader of the federal opposition, Peter Dutton, has pledged to abolish the position of Ambassador for First Nations Peoples if the Coalition wins the upcoming elections. This announcement follows revelations from the Daily Telegraph
Good news for motorists: Expected drop in gasoline prices
Motorists can look forward to further savings at fuel stations, as analysts predict a continued decrease in fuel prices. For years, China’s booming economy has driven global oil demand. However, recent forecasts from both OPEC
AMA urging stop to ‘coercive and deceptive’ marketing of commercial foods for infants
The Australian Medical Association is calling on the government to implement best practice standards for nutrition in commercial foods for infants and young children. As part of its submission to the Department of Health and
Australia marks 25th anniversary of East Timor service
Today marks 25 years since Australian troops were first deployed to Timor-Leste. Around 5,500 Australian service personnel were sent to Timor-Leste in 1999, the largest deployment of Australian troops since the Vietnam War, after the
Experts predict no interest rate relief until 2025
Stressed homeowners will have to wait until next year for mortgage relief, according to a polled array of experts. Comparison spoke to 42 experts and economists for this month’s RBA Cash Rate Survey, and every
More cash for millions of Australians from today as welfare payments rise
More than five million people will have more cash in their pockets from today as welfare payments receive an indexation boost. Age and disability pensions, rent assistance, carer payments, and JobSeeker payments all increase from
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
Israeli commandos raid Gaza Aid Flotilla – Greta Thunberg detained amid communications blackout
A dramatic maritime confrontation unfolded late Wednesday when Israeli naval forces intercepted multiple vessels from the Global Sumud Flotilla, a pro-Palestinian convoy sailing towards Gaza to break the blockade and deliver humanitarian aid. According to
US enters shutdown for first time since 2018: what it means and who is affected
The United States officially entered a government shutdown at midnight on Tuesday (2 p.m. Wednesday Melbourne time), after Republicans and Democrats failed to reach an agreement on federal spending. The shutdown is expected to place
China temporarily bans BHP iron ore exports, raising concerns in Australia
Prime Minister Albanese urges quick resolution to maintain smooth market operations. China has temporarily banned iron ore exports from BHP, Australia’s largest mining company, sparking concern in the Australian government. According to Bloomberg reports, the
Tragedy in the Philippines: At least 26 dead after 6.9-magnitude earthquake – Buildings collapse, dramatic footage emerges
A devastating 6.9-magnitude earthquake struck Cebu Island in the Philippines, leaving at least 26 people dead and 147 injured, according to local media. The quake, which hit late Tuesday night, caused widespread destruction, triggering landslides,
Countdown for Hamas: Trump’s ultimatum and pressure from Qatar, Egypt, and Turkey to accept Gaza Peace Plan
Global attention has turned once again to Gaza, as U.S. President Donald Trump unveiled a comprehensive 20-page peace plan aimed at halting the bloodshed — accompanied by a stern ultimatum. According to Axios and iefimerida.gr,
Anthony Albanese invites UAE retail giant LuLu to Australia
Australian Prime Minister Anthony Albanese has shown keen interest in the international retail chain LuLu Hypermarket, inviting Indian billionaire MA Yusuff Ali to consider expanding the company into Australia. The invitation came during the Prime
