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
No paperwork, increasing rent: Sydney landlords exploiting international students
International students are being exploited by landlords in Sydney’s tight housing market, a new report has found. International students in Sydney are falling victim to financial exploitation by dodgy landlords, who are overcharging on bonds,
Record number of Aussies rush to file tax returns
A record number of Australians have lodged their tax returns in the hope of getting their hands on a hefty refund. About 650,000 people have already filed their tax returns, with this year’s early rush
Better Managing Australia’s future population growth
Key elements of the Morrison Government’s plan to better manage Australia’s future population have come into effect today. Launched in March this year, the Population Plan has four broad components: Easing the population pressures
60,000 tons of donation waste going to landfill
Australian charities are contributing to a large chunk of landfill pollution in the country because of donations that can’t be used. Things like soiled clothing, mattresses and old electrical appliances are being donated to stores
Killer flu season sees record numbers of cases and deaths – and it’s only just beginning
A killer flu season has seen almost as many people diagnosed with the virus so far this year as there were in the whole of 2018. Health bosses today issued renewed calls for people to
Election campaign: Morrison, Shorten pledge transport funds
Prime Minister Scott Morrison is promising to spend $4 billion on Melbourne’s shelved East West Link road project, even though the state Labor Government has ruled out its construction. • A Coalition government would fund a
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 remembers the Cold-Blooded Nazi massacre at Distomo
The massacre at Distomo remains to this day one of the most heinous crimes the Nazis committed against innocent women and children, just months before the German occupying forces pulled out of Greece. On June
UK’s Travel Warning for Greece: Capital controls, alcohol and mosquitoes
The UK Foreign Office has updated its travel warnings for popular British tourists destination. The list concerns more than 200 countries and territories, among them European countries like Greece, Spain and France. The information covers
Employers deny permission to four employees to join Uni entrance exams
Employers have denied permission to four employees, students at the Evening Highschool of Chania, to participate in the general exams for university entrance. The employers did not change the students’ shift in order to facilitate
Ioannina set to elect first Greek-Jewish mayor in country’s post-WWII era
The first Jewish mayor of a municipality in Greece in the post-war period was elected on Sunday, as medical professor Moses Elisaf won a hotly contested race by a razor-thin margin in the northwest lake-side
Greek Island installs lending libraries on its beaches
A group of islanders from Kimolos, located in the southwest of the island group the Cyclades, have installed free lending libraries at all the major beaches of the island to make tourists’ stays even more
The island of Serifos presents “the first smoke-free beach” in Greece
A paradise on Greece’s earth for non-smokers. The first smoke-free beach is here on the island of Serifos in the Cyclades. The pilot program starts this summer in cooperation of local authorities and the Laskaridis
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
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
Arab Coalition with Iran in response to Israel: The crucial meeting in Tehran
In the wake of the assassination of Hamas leader Ismail Haniyeh, Iran is mobilising what it calls the “axis of resistance” against Israel. High-ranking officials have been summoned to Tehran for consultations, raising fears of
