Australia to mandate cash payments for essential purchases from 2026
Australia will introduce a nationwide cash mandate requiring major grocery and fuel retailers to accept cash payments from January 1, 2026, in a move aimed at protecting consumers who rely on physical currency for everyday
Why Australian workers are demanding pay transparency and would quit over unfair salaries
A growing number of Australian workers are demanding full salary transparency inside their workplaces, with new research showing a strong belief that pay secrecy primarily benefits employers — not staff. The findings, from recruitment firm
APRA to cap high-risk home loans amid housing boom
Australia’s banking regulator, the Australian Prudential Regulation Authority (APRA), will impose limits on high-risk home loans starting February 1, aiming to curb the rapid buildup of household debt. APRA announced that no more than 20
Australia faces shortfall in 2030 and 2035 climate targets, minister warns
Australia is projected to narrowly miss its 2030 climate target and is at serious risk of failing its 2035 target without significant policy changes, Climate Change Minister Chris Bowen has warned. Speaking to Parliament in
Australian inquiry alleges Mormon Church exploited tax loophole and operates as a cult
A government inquiry in Australia has received submissions claiming that the Church of Jesus Christ of Latter-day Saints (LDS Church), commonly known as the Mormon Church, functions as a cult and has allegedly exploited a
Inflation surge crushes hopes of interest rate cut in 2025
Australia’s inflation has risen again, effectively eliminating any realistic prospect of an interest rate cut in 2025 and even reviving concerns that the Reserve Bank may be forced to lift rates further. New data from
Albanese government retreats on rural speed-limit cuts after fierce backlash
The Albanese government has abruptly withdrawn its proposal to reduce rural speed limits to as low as 70 km/h, following a wave of public anger and rare internal dissent from Labor MPs. The plan, part
Mitsotakis unveils major housing, loan and farming measures during Budget speech
Greek Prime Minister Kyriakos Mitsotakis used his address to Parliament during the debate on the State Budget to announce a series of significant policy initiatives targeting housing affordability, Swiss franc loan holders, and farmers. The announcements were described as some of the most substantial interventions of the current parliamentary term.
Koukolopoulos follows Gervoulanos in warning over PASOK’s stagnant polls
Greek MP and former minister Paris Koukolopoulos has announced that he may raise the issue of PASOK’s stagnant polling in party bodies if there is no recovery by Christmas. Speaking after Pavlos Gervoulanos referenced the
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
Mitsotakis: Comprehensive european defense, competitiveness, and green transition on summit agenda
Greek Prime Minister Kyriakos Mitsotakis will participate today Thursday in the European People’s Party Summit and the European Council meeting, where key topics will include defense, security, competitiveness, the green transition, the Middle East, and
Gerapetritis: “The Western Balkans must accelerate their path toward the European family”
Greek Foreign Minister Giorgos Gerapetritis called for the acceleration of the Western Balkans’ European integration during the Berlin Process Summit held in London, emphasizing that “the only sure path to peace and prosperity in the
Gerapetritis’ Blunder: The phrase that diminished Greek diplomacy
No matter how much we try to hide it, reality speaks for itself. The Ministry of Foreign Affairs under George Gerapetritis seems unable to find its footing. Gerapetritis’ Blunder: The phrase that diminished Greek diplomacy.
Dionysis Savvopoulos: The voice that sang Greece has fallen silent
The beloved Greek singer-songwriter Dionysis Savvopoulos has died at the age of 81, marking the end of an era in modern Greek music and culture. Known affectionately as “Nionios,” Savvopoulos was more than a composer
Libya parliament speaker declares Turkey–Libya memorandum invalid, opens door to talks with Greece, Egypt and Turkey
Libya’s House of Representatives Speaker, Aqila Saleh, has publicly declared the 2019 Turkey–Libya maritime memorandum “invalid,” marking the first such statement in six years and signalling a potential shift in Libya’s approach to maritime disputes in the Eastern Mediterranean. Speaking to the Libyan News Agency, just days after an official
“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
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
