
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

Chinese spying on Australia’s military exercises: Defence Minister speaks out
Australia’s Defence Minister, Richard Marles, has responded to growing concerns about Chinese espionage during the ongoing Operation Talisman Sabre military exercises, which involve more than 30,000 personnel from 19 nations across Australia. While speaking on

Albanese wraps up China visit amid tensions and trade talks
Prime Minister Anthony Albanese is set to conclude his six-day visit to China today, wrapping up a trip marked by high-stakes discussions on trade, national security, and diplomatic relations. His final stop in China takes

German backpacker Carolina Wilga leaves Perth Hospital after surviving outback ordeal
Carolina Wilga, the German backpacker who captivated the world with her survival story after spending 12 harrowing days alone in the Australian outback, has finally left hospital. The 26-year-old was discharged from Fiona Stanley Hospital

Tip-off leads to major 3D-printed gun and drug bust in Melbourne’s south-east
A 30-year-old man has been charged with over 27 serious offences following a major police bust in Melbourne’s south-east, where authorities uncovered a cache of illegal firearms—including 3D-printed weapons—drugs, ammunition, and cash. The investigation was

Anthony Albanese commits to reviewing Australia-China Free Trade Agreement during Beijing visit
Prime Minister Anthony Albanese has committed to reviewing Australia’s free trade agreement with China as part of a series of deals signed during his official trade visit to Beijing. The Prime Minister signed six memorandums

Taxi drivers win $271.8 million settlement in landmark Uber case
Thousands of Australian cabbies and hire-car operators to receive compensation after years-long battle against Uber’s disruptive market entry. In a historic legal victory, taxi and hire-car drivers and owners across Australia are set to share

Turkish blocks research vessel from conducting surveys on behalf of Cyprus
Turkey is reported to have blocked the research vessel Fugro Gauss, sailing under the flag of Gibraltar, from conducting geophysical surveys on behalf of the Republic of Cyprus in a maritime area that Ankara considers part of its continental shelf, according to the newspaper Milliyet and other Turkish media outlets.

Greece deploys drones to monitor beaches after 3,000 complaints over Illegal sunbeds
Greek authorities are launching a new aerial monitoring initiative, deploying drones to surveil beaches across the country following a surge of over 3,000 public complaints regarding unlawful occupation of coastal space, unauthorized sunbeds, and restricted

PASOK calls for elections due to OPEKEPE Scandal
For the first time, PASOK officially mentioned the prospect of calling elections in connection with the OPEKEPE scandal, on the condition that the statute of limitations for any offenses will be prevented. During the meeting

Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,

Athens fires back at Ankara over East Med dispute: “Turkey cannot lecture others on International Law”
Greece has issued a stern diplomatic response to fresh accusations from Turkey regarding its stance on the controversial Turkey-Libya maritime agreement. The Greek Foreign Ministry, through diplomatic sources, denounced Turkey’s latest comments as “incompatible with

Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means

Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi

Israeli officials endorse Netanyahu’s plan to occupy Gaza City
Israel’s security cabinet has officially approved Prime Minister Benjamin Netanyahu’s plan to occupy Gaza City, a move confirmed by his office and seen as a major escalation in the ongoing conflict that has now lasted 22 months. The decision follows a lengthy security cabinet meeting held in Jerusalem, which began

China MFA: “The truth is, the Western creditors account for the lion’s share of developing countries’ debt”
China MFA Spokesman: “The truth is, the Western-dominated commercial creditors and multilateral financial institutions account for the lion’s share of developing countries debt and represent the major source of stress in terms of debt repayment.

How America Took Out The Nord Stream Pipeline
The New York Times called it a “mystery,” but the United States executed a covert sea operation that was kept secret—until now Seymour Hersh, one of the most decorated and impactful journalists of our time,

Sir George William Rendel (British Diplomat). A memorandum detailing atrocities committed during the Greek Genocide by the Turks
Sir George William Rendel (1889-1979) was a British diplomat who wrote a 7-page memorandum detailing atrocities committed during the Greek Genocide. Rendel was educated at Queen’s College, Oxford and in 1913 joined the British Diplomatic Service.

Biden is half right on Eastern Mediterranean arms sales
The Biden administration reportedly will ask Congress to approve a $20 billion sale of F-16s to Turkey , coupled with a separate sale of F-35 fighters to Greece . The White House is half right:

An Honest Broker No Longer: The United States Between Turkey and Greece
Over the course of 2022, Turkish President Recep Tayyip Erdogan has maintained a steady drumbeat of provocations targeting Greece. The year began with his foreign ministry issuing a statement threatening to declare Greece’s sovereignty as

Zoltan Pozsar: The dusk of the petrodollar, the dawn of petroyuan
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting