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
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
Using Super for home deposits would inflate property prices by $75,000, study claims
A recent study suggests that a Coalition proposal allowing first-time homeowners to use their super for a house deposit could lead to a significant surge in prices, potentially raising property values by nearly $75,000 across
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
New Democracy unites over AI: handshake between Mitsotakis and Karamanlis at Stylianidis’ book launch
The Greek Prime Minister Kyriakos Mitsotakis and former Prime Minister Kostas Karamanlis shared a warm handshake and applause as they attended the book presentation of Evripidis Stylianidis, dedicated to the challenges and dangers of Artificial
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
Mitsotakis to SEV: “A national duty to never relive the illusions and lies of the past”
Message of stability with veiled criticism of Tsipras – Bundesbank praises Greece’s reforms Greek Prime Minister Kyriakos Mitsotakis delivered a strong message on political stability and economic responsibility at the annual meeting of the Hellenic
Soufli: 13 Turkish nationals arrested with weapons – six remanded in custody
147 pistols and 190 magazines found – Defendants claim ignorance Greek authorities have released dramatic footage showing the arrest of 13 Turkish nationals near Soufli, Evros, after they illegally crossed into Greece carrying a large
Warm welcome for 27 Greek activists from Gaza Flotilla – Greta Thunberg among returnees
With emotional scenes and the victory sign raised high, 27 Greek activists who took part in the “Global Sumud Flotilla” to Gaza returned to Athens on Monday afternoon, following their detention by Israeli authorities. The
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
Zelensky signals new energy agreement ahead of today’s Athens visit
Ukrainian President Volodymyr Zelensky has announced that Kyiv and Athens are preparing a new bilateral agreement in the energy sector, ahead of his official visit to the Greek capital today, Sunday, 16 November. In a
Putin and Netanyahu hold phone call amid escalating Middle East tensions
Russian President Vladimir Putin has held a telephone conversation with Israeli Prime Minister Benjamin Netanyahu to discuss the rapidly evolving situation in the Middle East, the Kremlin confirmed on Saturday. The call comes as regional
Germany unveils new conscription model aimed at building Europe’s strongest army by 2029
Germany is preparing to overhaul its military service system in what officials describe as the most significant shift in defence policy in decades. The governing coalition has agreed on a new framework for conscription, seeking
Ukraine strikes Russia’s oil heartland with major neptune missile attack
Ukrainian forces carried out one of their most significant long-range strikes in months, targeting critical oil export infrastructure at the Russian Black Sea port of Novorossiysk. The coordinated attack, involving upgraded Neptune cruise missiles and
Russia challenges US proposal at UN Security Council over Gaza: Moscow offers alternative plan
Moscow has presented an alternative draft resolution to the United Nations Security Council concerning the Gaza Strip, challenging the U.S.-led initiative promoted by President Donald Trump. The move comes amid intense pressure from Washington to
Trump threatens $1 Billion legal action against BBC over edited Jan. 6 speech
Former U.S. President Donald Trump has threatened to sue the BBC for $1 billion, accusing the broadcaster of intentionally manipulating his Jan. 6, 2021 speech in a documentary aired just days before the 2024 presidential
