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
Greece furious over north neighbor’s “Wines of Macedonia”
It came as expected and feared. Companies in North Macedonia omit the geographic term and sell their products with state labeling as simple “Macedonian.” And this despite the Prespes Agreement or because of it that
2,300 Year old Greek Necropolis found in Bari, South Italy
Bari, the capitol of south Italy’s Puglia region was one of the many coastal city states of Magna Greacia (‘Great Greece’) settled by the Greeks from the 8th century BC. The enduring legacy of Greek
Impressive! The moment lights go off as Acropolis joins Earth Hour
It was a moment of magic to see Greece’s famous landmark sinking in the dark. At 8:30 sharp on Saturday night, lights went off in Acropolis as in many other buildings of the Greek capital
Unpardonable and irresponsible lies
The theoretical and easy self-criticism of ministers and SYRIZA cadres is fine, but at some point they have to confront the results. We make mistakes and sometimes unpardonable ones, Deputy PM Yannis Dragasakis told Parliament
Opportunity
The Pasok-centred Movement for change paid a debt of honour to Andreas Papandreou. It is a debt not just because Andreas Papandreou played a leadimg role in fashioning the contremporary centre-left, but also because the
Envelope for the next PM
The climate and atmosphere surrounding the government is not the best. Pressures from the electorate are patently obvious. There are plenty of disputes and initiatives which are collapsing one after the other. These initiatives do
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
EU–US backed power link shatters Turkey–Libya maritime claims
The Egypt–Greece 3 GW electricity interconnector has received a €9.56 million EU grant to support further studies and implementation. EU–US backed power link shatters Turkey–Libya maritime claims. The European Commission has approved the funding for
Israel orders Doctors Without Borders to halt operations in Gaza by February 28
Israel has announced it will terminate the activities of Doctors Without Borders (Médecins Sans Frontières – MSF) in the Gaza Strip by February 28, citing the organisation’s refusal to provide a list of its Palestinian
Gold and silver plunge as trump’s fed pick sparks $US 15 trillion market wipe-out
Global precious metals markets suffered a dramatic sell-off after US President Donald Trump announced his nomination of Kevin Warsh as the next chair of the Federal Reserve, triggering what analysts described as one of the
Great Power Shield: China & Russia naval move forces Trump into strike-or-stand-down moment
Updated Strategic Assessment (Early hours of Friday, 30 January) The intelligence “wild card” long concealed by Tehran has now been revealed. The entry of China and Russia into the maritime theatre — specifically the Sea
Israel sends shockwaves: “Half of Cyprus is under Turkish occupation and the world looks away”
Israel sends shockwaves: “Half of Cyprus is under Turkish occupation and the world looks away”, as Israel has once again expressed support for Hellenism through a pointed public intervention highlighting the unresolved occupation of the
Strike on Iran looms as Trump issues ‘Ultimatum’ and explicit threat via social media
Strike on Iran looms as Trump issues ‘ultimatum’ with explicit social media threat as geopolitical tensions surge once again. In a move that sharply escalates the crisis, US President Donald Trump on Wednesday, 28 January,
