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
Opposition calls for senate inquiry into Chinese-linked net zero project
The federal opposition in Australia has called for a formal investigation into a $2.6 billion renewable energy project after it was revealed that Genaspi Energy, the Australian company behind the initiative, had outsourced key components
Mitsotakis: Comprehensive european defense, competitiveness, and green transition on summit agenda
Greek Prime Minister Kyriakos Mitsotakis will participate today Thursday in the European People’s Party Summit and the European Council meeting, where key topics will include defense, security, competitiveness, the green transition, the Middle East, and
Gerapetritis: “The Western Balkans must accelerate their path toward the European family”
Greek Foreign Minister Giorgos Gerapetritis called for the acceleration of the Western Balkans’ European integration during the Berlin Process Summit held in London, emphasizing that “the only sure path to peace and prosperity in the
Turkey backs ICJ opinion on Gaza, calls Israel’s actions illegal
Turkey’s Ministry of Foreign Affairs has welcomed the advisory opinion issued by the International Court of Justice (ICJ), which highlights Israel’s obligations under international law to facilitate the delivery of humanitarian aid to Gaza. In
New U.S. plan for Gaza: division into Israeli and Hamas-controlled zones until full disarmament
The United States has reportedly proposed a new post-war plan for Gaza, aiming to restore stability and remove Hamas from power, according to The Wall Street Journal. Under the proposal, Gaza would be divided into
Trump denies “green light” for Ukraine missile strikes inside Russia
U.S. President Donald Trump has dismissed as “fake news” a Wall Street Journal report claiming that his administration had authorized Ukraine to use long-range missiles to strike targets deep inside Russian territory. The report, citing
