IMF warns: Australia heading towards inflation crisis
The International Monetary Fund (IMF) has warned that Australia is on track to record one of the highest inflation rates among developed economies. In its latest World Economic Outlook, the global lender said economies worldwide
Australia’s most trusted brands – 2024
Reader’s Digest has announced the results of the 25th Annual Most Trusted Brands survey. And the results speak volumes about the formula trusted brands use in a volatile market – retaining trust during difficult financial
Anger over medicinal shortages
Complaints are mounting from Australian citizens against the government for relying on international supply of medicines instead of local production as the nation faces a “severe” shortage of pharmaceuticals. It was revealed earlier this week
How to spend $150m Powerball winnings
Australia’s Powerball has jackpotted to $150 million. A personal finance expert shares the smart thing to do if you win. Australia’s Powerball jackpot has soared to a staggering $150 million but even that much cash
At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall
A central focus of this week’s budget is the treasury’s forecast for inflation. By this time next year, inflation is projected to be back within the Reserve Bank’s 2-3% target range. Inflation has dropped dramatically
Markos Seferlis is gearing up to unleash waves of laughter in Australia!
Ta Nea newspaper and 3XY Rdio Hellas will soon reveal further information regarding Markos Seferlis’s upcoming comedy performances in Melbourne, Sydney, and Adelaide. Renowned Greek comedian Markos Seferlis is scheduled to grace Australian shores this
AMA welcomes sickly sweet sugar tax calls
Australia should introduce a tax on sugary drinks to help combat obesity and diabetes according to the Australian Medical Association, in a call backed by a new report from the Grattan Institute. AMA President Professor
Turkey cries foul as Greece boosts Aegean firepower
Greece has taken a significant step forward with its new defence agreement with Israel. The government in Athens has decided to strengthen its arsenal by acquiring PULS multiple-launch rocket systems, with a range of between 35 and 300 kilometres. Following approval by the Greek Parliament, the agreement was signed and
50% of waste in Greece’s seas consists of plastic bags & bottles, aluminum cans
Fifty percent of waste found into Greek seas are plastic bags, plastic bottles and aluminum cans for beer and soft drinks, Professor Giorgos Papatheodorou of the Marine Geology and Natural Oceanography Laboratory at Patras University
Speculation of price hikes for Greeks’ beloved souvlaki/gyros causes outcry, social media frenzy
The recent international rally in meat prices, emanating from the devastating effects of African swine fever disease in China – the world’s biggest producer and consumer of pork – has touched a “raw nerve” in
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
Orbán’s masterstroke leaves Brussels in checkmate
In a display of political manoeuvring so bold it borders on the theatrical, Viktor Orbán appeared to recognise early that the European Union, George Soros, Barack Obama and the wider globalist establishment were aligned against him. With little credible left-wing opposition remaining in Hungary — none surpassing the modest 5
Heatwave in Italy: Woman dies of heart attack on the street, construction worker in coma
Italy is currently grappling with a brutal heatwave that has claimed the lives of at least two people in the central and southern regions, as the country faces record-high temperatures. The scorching heat has intensified,
Venezuela declares UN High Commissioner for Human Rights, Volker Turk, persona non grata
In a significant diplomatic development, the Venezuelan National Assembly has declared Volker Turk, the United Nations High Commissioner for Human Rights, persona non grata. This decision came after recent criticisms from his office regarding the
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
European Commission accepts 10% universal tariff from Trump – What it wants in return from the U.S.
The European Commission is willing to accept a trade agreement with the United States that includes a universal 10% tariff on its exports, but it seeks commitments from Washington to lower tariffs in key sectors
China warns Australia: Don’t be dragged into NATO’s military spending push
China’s Ambassador to Australia, Xiao Qian, has issued a strong rebuke of NATO’s new military spending target, warning the Albanese government not to fall in line with what Beijing sees as a dangerous escalation of
Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,
