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
Melbourne and Sydney record surge in population
Both Melbourne and Sydney have seen a surge in population growth, according to new data from the Australian Bureau of Statistics (ABS). The biggest increase was seen in Melbourne, which jumped by 167,500 people in
Inflation holds steady at 3.4 per cent
Inflation has held stable at 3.4 per cent for the third month in a row, according to figures from the Australian Bureau of Statistics. Inflation in the 12 months to February was driven by increases
One in 20 mortgage holders spend more than they earn, says new RBA report
A new Reserve Bank report reveals a worrying trend in Australia, with one in 20 mortgage holders spending more money than they earn. What’s more, tens of thousands of households are at risk of running
Easter trading hours 2024: What major stores will be opened on Good Friday and Easter Saturday, Sunday and Monday?
Easter is upon us again and that means a whole heap of confusion with stores across the country either open, shut or operating at different hours. To make things easier for you around the busy
Measles outbreak in Melbourne’s south-east: Residents advised to be on alert
A case of measles in Melbourne’s south-east has prompted local health authorities to alert residents. The patient, a returning traveler to the area, had visited 18 locations in the area between 14 and 19 March
Hundreds of cannabis plants seized in Melbourne’s north
A major cannabis plant seizure has taken place in Melbourne’s northern suburbs as police raided a factory that was operating a sophisticated cannabis cultivation facility. Specifically, police discovered and seized more than 500 cannabis plants
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
European Chief Prosecutor to investigate undeclared Tempi freight train cargo
The European Public Prosecutor, Laura Kövesi, has confirmed that her office is investigating the mysterious cargo involved in the Tempi train disaster, following revelations of potentially illegal cross-border movement of undeclared hazardous materials. Speaking before
Reviving the Gods: Greece’s first ancient temple in 1,700 years
For the first time in nearly 1,700 years, a new Greek temple dedicated to the worship of ancient gods has been built in Arcadia, Greece. Reviving the Gods: Greece’s first ancient temple in 1,700 years
Cyprus blocks Turkey’s role in Ukraine summit
While Greek Prime Minister Kyriakos Mitsotakis and the entire Greek diplomatic corps are striving to maintain the illusion of “calm waters” with Turkey, a notion that exists only in their imagination. Cyprus blocks Turkey’s role
Greek MEP: 7000 Christians and Alawites massacred in Syria
BREAKING Greek MEP: 7000 Christians and Alawites have been massacred in Syria according to Nikolas Farantouris. He is a member of the European Parliament’s Committee on Security & Defense, who visited Damascus on 8-9 March.
Tempi Tragedy: Plakias’ fury over Mitsotakis’ speech
“I did not bring my children into the world to be sacrificed like Iphigenia.” Tempi Tragedy: Plakias’ fury over Mitsotakis’ speech The speech delivered by Prime Minister Kyriakos Mitsotakis in Parliament during the pre-agenda debate
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
Hong Kong’s major events at protests
Hong Kong’s anti-government protesters have sustained their momentum for more than three months, facing off against police through summer heat and clouds of tear gas. Officers have met demonstrators head on with a variety of
Pipeline Wars Revisited
Pipeline wars are often overlooked in the scheme of things, where pipelines represent competing national interests of a purely economic sort, beyond the usual political rhetoric surrounding ideology and demagoguery. Because a gas pipeline transports
Cyprus repays remainder of Russian loan, two years early
Cyprus’ finance minister said on Monday that the country has repaid ahead of schedule the remaining 1.58 billion euros ($1.73 billion) of a 2.5 billion euro ($2.74 billion) loan it received from Russia in 2011
What is going on in Libya?
Libya is now ruled by the Government of National Accord (GNA). The GNA is recognized by the UN and holds Tripoli but little else. The situation is immensely complex and forever in flux. For eight
US slaps new tariffs on China; One minute later China retaliates
The biggest reason for last week’s torrid stock market rally was rekindled “optimism” that the escalating trade war between the US and China may be on the verge of another ceasefire following phone conversations, fake
Turkey sending fourth energy drill ship into Cyprus’ waters for oil exploration
Turkey has sent its fourth drilling ship to the eastern Mediterranean waters to participate in the exploration for natural gas and oil within the Cypriot maritime economic zones, defying European and international warnings. The Ministry
