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
Inflation holds steady at 3.4 per cent
Inflation has held stable at 3.4 per cent for the third month in a row, according to figures from the Australian Bureau of Statistics. Inflation in the 12 months to February was driven by increases
One in 20 mortgage holders spend more than they earn, says new RBA report
A new Reserve Bank report reveals a worrying trend in Australia, with one in 20 mortgage holders spending more money than they earn. What’s more, tens of thousands of households are at risk of running
Easter trading hours 2024: What major stores will be opened on Good Friday and Easter Saturday, Sunday and Monday?
Easter is upon us again and that means a whole heap of confusion with stores across the country either open, shut or operating at different hours. To make things easier for you around the busy
Measles outbreak in Melbourne’s south-east: Residents advised to be on alert
A case of measles in Melbourne’s south-east has prompted local health authorities to alert residents. The patient, a returning traveler to the area, had visited 18 locations in the area between 14 and 19 March
Hundreds of cannabis plants seized in Melbourne’s north
A major cannabis plant seizure has taken place in Melbourne’s northern suburbs as police raided a factory that was operating a sophisticated cannabis cultivation facility. Specifically, police discovered and seized more than 500 cannabis plants
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%
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
The importance of the Greek Exclusive Economic Zone
In 1967, Malta’s Ambassador to the United Nations, Arvid Pardo, called for an international conference to devise a new law of the seas. In this call, he referred to the oceans as “the common heritage
Lamda Development warns against last-minute ministerial decisions regarding delay-plagued Helleniko project
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given that the privatization remains mired in Greece’s ubiquitous “red
Greece sees its future as the Florida of Europe
Tourists in hats, cameras slung around their necks, crane them for a view. In the heart of old Athens, it is a reminder that the holiday season has begun. Last week as parties from cruise
More than one in four young Greeks are not working or studying
More than one in four young Greeks aged 20-34 do not work or study, according to the latest Eurostat figures for 2018. Greece is in the second-worst position among the members of the European Union,
Heat wave with temperatures up to 41°C to strike Greece July 1-5
A heat wave with temperatures reaching up to 41 degrees Celsius is forecast to strike Greece in the upcoming weak. Temperature have risen as of this Monday, July 1st, and will remain high until at
Greek Trump: Mayor wants to build a wall to segregate Roma settlement
An elected mayor in Northern Greece wants to build a wall around a Roma settlement even if it is illegal and against the Constitution and no public servant, no matter how racist one is, could
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
Colombian President condemns U.S. airstrike on ship with Colombian citizens in the Caribbean
Colombian President Gustavo Petro has denounced a U.S. airstrike in the Caribbean, claiming that the latest targeted vessel was Colombian and that its passengers were Colombian citizens. Writing on X, Petro stated: “A new theater
Netanyahu and Trump hail “historic achievement” with Gaza agreement
Israeli Prime Minister Benjamin Netanyahu and U.S. President Donald Trump have exchanged congratulations on what they described as a “historic achievement” following the signing of a pivotal agreement providing for a ceasefire in the Gaza
Greece replies to Zakharova’s provocative attack: Moscow aligns with Turkey and the Republic of Skopje against Greece
Russian Foreign Ministry spokesperson Maria Zakharova has once again adopted an openly anti-Greek tone, reviving Cold War-style rhetoric and backing Turkey and the Republic of Skopje [sic “North Macedonia”] in a direct challenge to Greece
Mitsotakis rejects Christodoulides’s joint EEZ plan fearing Turkey
To avoid potential tensions in the Aegean, the Greek government rejected President of Cyprus Nikos Christodoulides’s proposal to delimit a joint exclusive economic zone (EEZ) between the two states. Mitsotakis rejects Christodoulides’s joint EEZ plan
Weapons cache found near Tbilisi amid coup plot
Georgia’s State Security Service has announced that during recent waves of unrest in the capital, authorities uncovered a significant, weapons cache found near Tbilisi amid coup plot. Officials claim the arsenal was intended for a
Australian activist alleges abuse in Israeli detention
Australian humanitarian claims physical abuse during Gaza aid mission detention An Australian activist, Surya McEwen, has alleged severe mistreatment while detained by Israeli authorities following an attempt to deliver humanitarian aid to Gaza. McEwen, from
