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
Australia’s unemployment rate falls sharply as economy adds 116,000 jobs
Australia’s unemployment rate has fallen sharply as the economy created 116,000 new jobs in February, according to the Australian Bureau of Statistics (ABS). This led to a sharp fall in the unemployment rate from 4.1%
Economic crisis in Australia: Millions of Australians have less than $1000 in savings
A recent Finder survey has highlighted a worrying problem in Australian society: almost half of Australians have less than $1000 in savings. This equates to 9.4 million people, with the average amount available to save
Rescue in Melbourne: students rescued from burning boat
Dozens of students were rescued from a burning boat in Melbourne’s Port Phillip Bay this morning. The serious situation forced the boat’s crew to call for help and spring into action to save the occupants.
Record number of migrants in January
The influx of migrants to Australia hit a record number in January, despite the Albanese government’s plan to slow the wave of new arrivals, leading to what legendary businessman Dick Smith called a “disaster for
RBA keeps cash rate at 4.35%
The cash rate will remain at 4.35% following the Reserve Bank of Australia’s (RBA) March monetary policy meeting. The decision was largely expected, as the latest Australian Bureau of Statistics data showed annual trimmed mean
$216 Billion: The cost of Victoria’s Suburban Rail Loop
The cost of building and operating the Allan Government’s new underground rail loop through Melbourne’s city centre, which will take five decades to build, has soared to $216 billion, according to an independent study. Estimates
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 scientist’s groundbreaking research against cancer
Nikolaidis, who received his PhD from the Aristotle University of Thessaloniki, relayed that their groundbreaking research is a tale of a molecule called “Heat-shock protein,” or Hsp70 (HSPA1A), found in the wrong place at the
SYRIZA changes strategy ahead of early election
Still reeling from a devastating showing in last weekend’s European Parliament election, leftist SYRIZA officials met on Wednesday to discuss strategy ahead of a second round of local authority polls and a looming snap general
The hard truths about Turkey’s continued denial and lies
The participation of the hundreds and thousands of people in the memorial events organized in Greece and abroad on the occasion of the 100th anniversary of the Genocide of the Greeks of Pontus, and the
Maria Kakali: The Mayor who got re-elected with 100% of the votes
While local leaders struggled to beat their competitors and some will have to go to a second round of elections next Sunday, one mayor managed to be elected with 100% of the votes. 32-year-old Maria
Greece turns a page
Greeks sent a clear and resounding message with their vote in Sunday’s European Parliament and local elections. They denounced the SYRIZA government and the PM personally as he shouldered the entire weight of the European
Elderly member of Greek minority found murdered on Turkish island of Imvros
An elderly Greek man was found dead and tortured on the Turkish island of Imvros that is home of a small Greek community. 86-year-old Zafiris Ignaris (Piyanari) was found on Monday night. He was tied
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
Trump open to discussing lifting sanctions on Iran, announces rapid deployment of international force to Gaza
U.S. President Donald Trump said yesterday that Iran has repeatedly requested the lifting of U.S. sanctions and that he is “open” to discussions on the matter. “Iran has asked for sanctions to be lifted,” Trump
U.S., Greece, Cyprus, and Israel form joint front for energy security in the Eastern Mediterranean
A new chapter in regional cooperation unfolded in Athens this week as the United States, Greece, Cyprus, and Israel reaffirmed their commitment to energy security and stability in the Eastern Mediterranean. Meeting at the Zappeion
China to resume imports of Australian canola after five-year ban
In a major breakthrough for Australian agriculture, China has agreed to import 65,000 tonnes of Australian canola for the first time in five years, marking what experts say could be the start of a renewed
Nuclear brinkmanship: How Trump and Putin are testing the limits of deterrence
As the war in Ukraine drags on and Donald Trump’s attempts at peace with Moscow falter, tensions between the United States and Russia have reached their highest point in years. Both nuclear superpowers appear to
“Zoran Mamdani becomes New York’s first muslim mayor: A progressive milestone in U.S. politics”
Zoran Mamdani, 34, has been elected the new mayor of New York City, according to projections by NBC News and CNN, marking one of the most remarkable and unpredictable elections in recent American political history.
EU report condemns Turkey for rights backslide and challenges to Greek sovereignty
The latest European Commission progress report on Turkey delivers one of the most critical assessments in recent years, highlighting a severe deterioration in rule of law, human rights, and democratic governance. It also accuses Ankara
