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
Bendigo Bank warns of social media scams this Scams Awareness Week
Bendigo Bank is issuing a warning to its 2.5 million customers to stay vigilant and not fall for social media scams ahead of Scams Awareness Week 2024, starting Monday 26 August. Bendigo Bank’s Head of
Paul Keating claims Australia is caving to U.S. demands over AUKUS
Former Australian Prime Minister Paul Keating criticized the Albanese government for yielding to U.S. influence in the trilateral Australia-UK-U.S. (AUKUS) nuclear submarine pact, according to a report by the Australian Broadcasting Corporation (ABC) on Saturday.
Victoria to restrict “silencing of victims” in workplace sexual harassment cases
Victoria is set to implement ground-breaking restrictions on the use of non-disclosure agreements (NDAs) in cases of workplace sexual harassment. Announced by the Allan government on Monday, this initiative represents a significant step toward addressing
Melbourne: Australia’s most expensive city for travel
Melbourne has become the most expensive city in Australia for transportation, with average annual costs for households reaching $29,546. This surge is driven by rising insurance and fuel prices, straining family budgets. The Australian Automobile
Australia strengthens its defence cooperation with the USA and Canada
Australia and Canada have pledged to enhance their defence collaboration while condemning China’s assertive claims over contested waters in the Indo-Pacific region. Defence Minister Richard Marles, addressing reporters from Vancouver, emphasised the need for closer
Legionnaires’ disease outbreak in Melbourne has climbed to 100 cases
The number of cases in a Legionnaires’ disease outbreak in Melbourne has climbed to 100, as authorities try to prevent the disease from spreading further. Two elderly people have died from the condition since the
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
Greek state collects 1.138 bln€ with 26-week T-bills issue; yield at 0.15%
Demand for a new tranche of 26-week T-bills was slightly down on Wednesday, compared to similar issues over the past few months, with an auction of 875 million euros of paper attracting bids of 1.536
Teenager killed in horrific accident at Greek amusement park
A 14-year-old girl was killed on Friday at a horrific accident in an amusement park near the Greek sea-side city of Volos. The accident happened at the town of Almyros when the teenager fell from
Yiannis Tsarouchis
The years after the First World War had a tremendous political, social and cultural impact on Greece. The end of the war coupled with the Asia Minor Tragedy almost brought Greece to its knees financially
Greek shipping fleet’s transport capacity more than doubles since 2008; global first place retained
The transport capacity of the Greek-controlled fleet multiplied over the 2007-2018 period, according to the Union of Greek Shipowners, which noted that the fleet increased from 170 million dwt to more than 389.68 million dwt
Tax breaks
During the years of the crisis Greek citizens shouldered a huge tax burden. Those who did not have the means to hide their incomes – salaried employees and pensioners – bore the bulk of the
Greece resumes migrants deportations to Turkey
Greece says it is restarting deportations of migrants to Turkey in an effort to deal with the increasing number of illegal crossings in recent weeks, the Associated Press reported on Friday. The number of migrants
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
China will destroy US military in fight over Taiwan, top secret document
China will destroy US military in fight over Taiwan, according to a leaked top-secret document from the United States Department of Defense known as the “Overmatch Brief.” The report warns that if war erupts between
Europe faces reckoning as its Ukraine ‘Victory’ illusion crashes
Europe faces a reckoning as its Ukraine ‘victory’ illusion crashes — after spending four years living in a fantasy that Ukraine would advance, Russia would collapse, and “victory” was only one more weapons package away.
Australia at centre of AUKUS push as UK and US call for faster delivery and greater burden sharing
Australia has been thrust firmly into the spotlight of the AUKUS security pact, with both the United Kingdom and United States urging Canberra to accelerate its commitments and take on a greater share of the
Germany: Record number of bankruptcies for businesses and individuals
Germany is experiencing its highest number of bankruptcies since 2014, with experts warning that the peak of the crisis “has not yet been reached.” According to the credit rating agency Creditreform, approximately 23,900 companies will
Hamas signals openness to “freezing or storing” weapons as talks enter difficult second phase
Hamas has indicated it is willing to discuss the “freezing or storing” of its weapons arsenal as part of the emerging ceasefire framework with Israel, according to senior official Bassem Naim, who spoke to the
Modi welcomes Putin with full honours in New Delhi
Russian President Vladimir Putin received a ceremonial welcome in India on Friday, with Prime Minister Narendra Modi hosting him in a display designed to highlight the deep and enduring ties between the two nations. Putin
