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
More than 300,000 ancient treasures unearthed during metro digging in Thessaloniki
Metro digging in Thessaloniki, Northern Greece, has unearthed an extraordinary treasure trove of more than 300,000 ancient artefacts, from gold wreaths and rings to statues of the goddess Aphrodite. The construction of a metro network
Ancient Greek migrants built the famous Stonehenge, DNA reveals
Britons who built the famous Stonehenge were product of ancient wave of migrant farmers, that is of Greeks from Asia Minor, DNA tests have revealed. Ancient skeletons have revealed that the arrival of population from
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
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
Salamis: The Battle that shaped the fate of Europe
The year is 480 BCE. The mighty Persian Empire, led by King Xerxes I, stormed through Greece, overwhelming city-states and crushing resistance. Salamis: The Battle that shaped the fate of Europe. Athens has already fallen;
Turkey’s genocide of Thracian Hellenism
April 6 marks the Remembrance Day for the genocide of the Thracian people. For Thrace, Easter of 1914 was the Black Easter and the beginning of Turkey’s genocide of Thracian Hellenism. Implications of injustice, massive
China to launch Fusion-Fission nuclear power Plant by 2030
This is huge and incredibly ambitious: China is to launch a Fusion-Fission nuclear power Plant by 2030. China now plans to have an operational fusion-fission nuclear power plant by 2030, in less than five years.
Chevron rejects Turkey-Libyan deal and eyes Crete’s oil fields
Chevron, whose contracts with Venezuela were terminated by former U.S. President Donald Trump, is now set to explore the oil deposits south of Crete—an unexpected development for Greece. Chevron rejects Turkey-Libyan deal and eyes Crete’s
Bulgarian MEP accuses EU leaders of pushing Europe towards War with Russia
Bulgarian MEP Petar Volgin has launched a scathing attack on EU leaders, accusing them of driving Europe towards a devastating global conflict for the sake of their interests. In a powerful video, Bulgarian MEP accuses
Herodotus and Giza discoveries set to rewrite history
The Great Pyramid of Giza has fascinated humanity for millennia, and recent discoveries are challenging long-held assumptions about its true purpose. Herodotus and Giza discoveries set to rewrite history, the Greek historian Herodotus, writing in
