RBA holds firm: No cuts until job market softens further
Reserve Bank of Australia Governor Michele Bullock has reinforced the bank’s cautious stance on interest rate cuts, stating that further evidence of a weakening labour market is needed before any monetary easing. Speaking at the
Commonwealth Bank executive charged in shocking child exploitation aase
A senior Commonwealth Bank executive has been charged with child exploitation offences after allegedly attempting to lure two underage girls to a Brisbane hotel via a sex worker contact. Christopher McCann, 50, was arrested on
Internal chaos in Trump White House threatens future of AUKUS submarine deal
The AUKUS submarine deal is under renewed scrutiny amid reports of internal dysfunction within the Trump administration, described by insiders as “Game of Thrones politics.” While U.S. Secretary of State Marc Rubio has sought to
NSW officers admit assaulting naked woman in mental health crisis
Two former NSW police officers have admitted to assaulting a 48-year-old naked woman who was experiencing a psychotic episode on a Sydney street in January 2023. Nathan Black (28) and Timothy Trautsch (30), both off-duty
Crackdown on antisemitism: Albanese warned to cut funding to universities failing to act
Prime Minister Anthony Albanese is under mounting pressure to withdraw public funding from universities, programs, and individuals who tolerate or fail to combat antisemitism, following a major report released today. The report, authored by Australia’s
Australia may face higher AUKUS costs and pressure to join US-China conflict
Australia’s nuclear submarine deal under AUKUS could become more costly and politically fraught, as the US Department of Defence reviews the trilateral agreement under President Donald Trump’s “America First” agenda. A report from The Age
Bipartisan support for PBS amid Trump’s Pharma tariff threat
Donald Trump’s threat to impose a 200% tariff on pharmaceutical imports has united Australia’s political leadership in support of the Pharmaceutical Benefits Scheme (PBS). The Albanese government reaffirmed its commitment that the PBS is “not
Mitsotakis: Greece will not discuss sovereignty with Turkey – “Twitter diplomacy is easy”
Greek Prime Minister Kyriakos Mitsotakis firmly ruled out any negotiations with Turkey on matters of national sovereignty, in a televised interview with SKAI anchor Sia Kossioni on Tuesday evening. “Greece does not discuss issues of sovereignty. We will never accept the theory of ‘grey zones’, nor will we allow Turkey
Mitsotakis govt announces measures to prevent another 2015-like migrant/refugee crisis
A recent spike in the number of landings of vessels carrying irregular migrants and would-be asylum seekers to a handful of eastern Aegean islands generated a Greek government reaction on Saturday, with a top defense
Greek FM summons Turkey’s Ambassador over mass migrants’ arrivals
Foreign Minister Nikos Dendias summoned the Turkish ambassador to Athens in order to express Greece’s deep dissatisfaction over the increased influx of migrants from Turkey, that culminated with the unprecedented mass arrivals of more than
Major spike in number of illegal migrants, would-be asylum seekers landing in Lesvos last week
A significant spike in the number of small craft carrying third country nationals, mostly Afghans, to the eastern Aegean island of Lesvos (Mytilene) was recorded on Thursday, with no less than 13 flimsy inflatable vessels
Cosco-led Piraeus Port Authority submits revised master plan; worth 800 mln€
A revised master plan by the Cosco-managed Piraeus Port Authority was tabled on Friday for review by a shipping ministry ports committee in the coming period. The revised master plan, which according to the port
Mitsotakis to Observer: Athens will ask for loaning of Parthenon Marbles amid 2021 series of events
Greek Prime Minister Kyriakos Mitsotakis referred to the “loaning” of the Parthenon Marbles – 14 friezes or metopes – from the British Museum in London to Greece on the occasion of the 200th anniversary of
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
Orban raises prospectof EU exit, citing Brussels’ authoritarian drift
Hungarian Prime Minister Viktor Orban has once again raised the prospect of a Hungarian exit from the European Union, suggesting that the bloc’s authoritarian evolution may soon outweigh the benefits of membership. Speaking in an interview with the far-right platform Ultrahang, Orban said that Hungary’s EU membership “still makes sense
Turkish occupying troops advance positions in Cyprus
The Cypriot government announced on Friday that it is working in cooperation with the UN peacekeeping force to resolve tensions following an advance of the Turkish army inside Cyprus. Cyprus State radio (CyBC) said the
Greece blasts BBC for report on non existant “Oppressed Macedonian Minority”
Greece’s Ambassador to the UK, Dimitris Karamitsos-Tziras, send a letter of complaint to the BBC on Monday, following a report which spoke of the existence of a “Macedonian minority” in the country. Karamitsos-Tziras said the
Saker interview with Michael Hudson on Venezuela
There is a great deal of controversy about the true shape of the Venezuelan economy and whether Hugo Chavez’ and Nicholas Maduro’s reform and policies were crucial for the people of Venezuela or whether they
Council of Europe condemns Sharia councils in UK for contradicting Human Rights
Sharia Law is a legal system which regulates the lives of devout Muslims and is based on religious precepts and the text of the Quran. The exact number of Sharia councils operating in England and
Venezuela – The U.S. game plan for ‘Regime Change’ and how to respond to it
Yesterday the U.S. recognized a right-wing ‘leader of the opposition’ in Venezuela Juan Guaido as the president of the country. A number of right-wing led countries in South America joined in that move. Cuba, Bolivia
Hungary refuses to dance to US tune and step up pressure on Russia
Hungarian Prime Minister Viktor Orban has boasted that he has good relations with Vladimir Putin and opposes EU sanctions against Russia; he has also challenged the EU’s immigration policy and slammed George Soros for his
