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
Greece emerges as a key energy security partner in U.S. talks
Greek Prime Minister Kyriakos Mitsotakis held a high-level meeting at the Maximou Mansion with U.S. officials, including Secretary of the Interior Doug Burgum and Secretary of Energy Chris Wright, ahead of the 6th Ministerial Meeting
Vorisia tragedy: Three brothers surrender after Crete double murder as families plead for calm
Crete remains gripped by shock and grief following the brutal double murder in the village of Vorisia, Heraklion, which has revived painful memories of violent vendettas on the island. Late on Tuesday night, the three
Kimberly Guilfoyle will officially begin her duties in Greece tomorrow with presentation of credentials to President Konstantinos Tassoulas
Kimberly Guilfoyle will officially assumed her role as the new United States Ambassador to Greece, presenting her credentials to the President of the Hellenic Republic, Konstantinos Tassoulas, at the Presidential Mansion on Tuesday. The ceremony
“Hello, Greece! What an incredible honor”: Kimberly Guilfoyle’s first message as new U.S. ambassador
Kimberly Guilfoyle has officially arrived in Athens to begin her tenure as the new United States Ambassador to the Hellenic Republic, marking her first day in the post with a warm bilingual message on social
Two dead, several injured in Crete -watch video
Village locked down after deadly vendetta — police fearing revenge attacks The quiet mountain village of Vorizia, in Heraklion, Crete, has turned into what locals describe as a “no man’s land” after a brutal vendetta
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
Was Prigozhin’s Rebellion Live or Memorex?
After this weekend’s whirlwind events in Russia, we’re left with a lot more questions than answers about what happened with Wagner Group’s Yevgeny Prigozhin’s abortive rebellion against Moscow. I’m not here to answer any of
The sinking of the Libyan migrant boat in international waters
Hundreds missing and possibly drowned. A devastating tragedy and a loss of life caused by people trafficking. A concerning and dangerous trend has been making its presence in Greece and political systems from some known
Kyiv’s Long-Term “Last Resort” Plan to Blow up The Kakhova Dam Exposed
A day after Ukraine’s much-heralded counter-offensive appears to have failed, almost before it had even begun, a major dam in the Russian-occupied region of Kherson is suddenly bombed, prompting mass evacuations as floods spread across
Italian Parliament signals support for EastMed pipeline
The Lower House’s Foreign Affairs Committee called on the government to work with the countries involved in the project to assess its development prospects. As the League’s Formentini notes, the pipeline would enable Rome to
A map showing Mycenaean Greek samples to modern populations
Map showing the genetic distance from the average Mycenaean Greek samples to modern populations. The Neolithic and Bronze Ages were highly transformative periods for the genetic history of Europe but for the Aegean—a region fundamental
‘Could be your city’: a Hiroshima atomic bomb survivor’s warning
On August 6, 1945, four-year-old Masao Ito was riding a tricycle near his home in Hiroshima when a bomb fell from the sky and changed his life forever. He survived the US nuclear attack on
