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
The largest natural deposit in the world in Crete
NATURAL GAS worth € 600.000.000.000 An Amazing scientific proven discovery that could mean enormous economic benefits to Greece, a solution to the pension insurance and securing tens/hundreds of thousands of jobs for at least 50
Turkey drills for gas in Cyprus’ waters, prompting EU outcry
The EU and US have urged Turkey to stop drilling for gas in Cyprus’ maritime zone – but Ankara has told its allies it would do so anyway. Brussels and Washington spoke out over the
Cyprus: Turkey’s drilling bid violates international law
Cyprus’ foreign ministry says Turkey’s bid to drill for natural gas in waters where the island nation has exclusive economic rights is a “flagrant violation” of its sovereignty under international law. The ministry in a
How ancient Greek vases were made
From the Neolithic period onwards, the ancient Greeks made pots in a variety of different styles. The most characteristic styles of pottery being black-figure and red-figure. In black-figure, the figures are painted using a slip
Tsipras tells Cretans he will seek WWII reparations from Germany
Prime Minister Alexis Tsipras on a campaign stop in Anogeia, Crete today touted his intention to seek German WWII reparation after a parliamentary resolution authorised the government to do so. «After many years, the road
Lies and responsibilities
From the first hours of last summer’s disastrous wilfire in Mati the weaknesses of crumbling state services, a lack of coordination, and the absence of even rudimentary emergency plans were glaring. One witnessed in amazement
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
