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
Prime Minister Albanese: Federal support for local industry unveiled
Australian Prime Minister Anthony Albanese will today unveil a major government plan to support local industry through federal support. Mr Albanese will reportedly announce the Future Made In Australia Act in a speech in Queensland.
Australia, United States and Japan sign missile deal aimed at countering China
Today, United States President Joe Biden announced the launch of a new air defence strategy in partnership with Australia and Japan. The announcement was made during a joint press conference with Japan’s Prime Minister Kishida
Australia considers recognising Palestinian state: The need for peace and stability in the Middle East
The political scene in the Middle East is undoubtedly rich with conflict and adversity that has lasted for decades. At the heart of this complexity is the longstanding conflict between Israel and the Palestinians. However,
Anglicare: It costs more to be poor
Unemployment benefits are not enough to cover basic living costs, according to a new report from Anglicare Australia. The national not-for-profit organisation highlighted the impact of inflation – and cost-of-living increases from energy suppliers that
Study finds two-thirds of retirees less financially secure amid cost of living crisis
Most retirees in Australia are happy with their retirement, but a significant proportion are concerned about their financial security, according to research commissioned by investment firm Challenger and conducted by YouGov. The survey of 1,000
Regional hospitals are collapsing
Regional hospitals are warning they face ‘inevitable closures’ or widespread job losses following a Victorian-wide mandate to cut spending ahead of this year’s state budget. Leaked internal documents reveal that chief executives of many of
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
Cosco-led Piraeus Port Authority submits revised master plan; worth 800 mln€
A revised master plan by the Cosco-managed Piraeus Port Authority was tabled on Friday for review by a shipping ministry ports committee in the coming period. The revised master plan, which according to the port
Mitsotakis to Observer: Athens will ask for loaning of Parthenon Marbles amid 2021 series of events
Greek Prime Minister Kyriakos Mitsotakis referred to the “loaning” of the Parthenon Marbles – 14 friezes or metopes – from the British Museum in London to Greece on the occasion of the 200th anniversary of
Greek state collects 1.138 bln€ with 26-week T-bills issue; yield at 0.15%
Demand for a new tranche of 26-week T-bills was slightly down on Wednesday, compared to similar issues over the past few months, with an auction of 875 million euros of paper attracting bids of 1.536
Teenager killed in horrific accident at Greek amusement park
A 14-year-old girl was killed on Friday at a horrific accident in an amusement park near the Greek sea-side city of Volos. The accident happened at the town of Almyros when the teenager fell from
Yiannis Tsarouchis
The years after the First World War had a tremendous political, social and cultural impact on Greece. The end of the war coupled with the Asia Minor Tragedy almost brought Greece to its knees financially
Greek shipping fleet’s transport capacity more than doubles since 2008; global first place retained
The transport capacity of the Greek-controlled fleet multiplied over the 2007-2018 period, according to the Union of Greek Shipowners, which noted that the fleet increased from 170 million dwt to more than 389.68 million dwt
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
Archbishop’s Easter message calls for the ‘Expulsion of the Turkish invader”
The Easter message of Archbishop George of Cyprus, as translated into Turkish and broadcast by a Turkish Cypriot “news agency,” has drawn sharp criticism from Turkish Cypriot politicians. The Archbishop’s Easter message calls for the
Greece defeats Hungary to win Women’s Water Polo World Cup
Greece defeats Hungary to win Women’s Water Polo World Cup in Chengdu, China, overcoming Hungary 13–9 on Easter Sunday morning. Harry Pavlidis’ side earned their place in the final after a thrilling 15–13 win over
Why ASEAN won’t abandon China for Washington
After Vietnam, this should give Trump a rather strong indication that ASEAN countries have no interest in following Washington’s lead in decoupling from China. In fact, quite the opposite is happening. And it makes perfect
It took a CJEU ruling for Greece to release the marine plots map
They agonizingly insist that this is not an exercise of sovereignty! It took a CJEU ruling for Greece to release the marine plots map. After waiting for the country to be condemned by the EU
Greece’s reckless gamble: Enabling Turkish provocations at the cost of national sovereignty
One of the first things that history teaches us is that it repeats itself. And one of the first things that experience (must) teach us is that anyone who repeatedly makes the same mistakes will
Trump’s economic policies: The global impact and shifting alliances
This is indeed one of the most extraordinary examples of gaslighting during Trump’s presidency. In an attempt to spin one of the largest humiliations in U.S. history into a victory, he misrepresents the situation to
