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Station master arrested over the deadliest train crash to rock Greece

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Station master denies any wrongdoing as investigations into the collision continue

A local train station master has been arrested over the deadliest train crash to hit Greece in living memory.

The man is denying any wrongdoing, attributing the accident to a possible technical failure, according to government and police sources.

The passenger train and a cargo train collided head-on on Tuesday night (February 28) outside the city of Larissa, killing dozens and wounding more.

Many of the victims are thought to be university students on their way back from a long holiday weekend.

Fire officials say the death toll is expected to rise further.

The passenger train was carrying over 350 people and heading to the city of Thessaloniki, on the Aegean coast, according to Hellenic Train data.

The government has declared three days of national mourning, with flags at half-mast.

Greece’s Prime Minister Kyriakos Mitsotakis visited the crash site on Wednesday (March 1).

He’s describing it as “an unspeakable tragedy” and the government will do everything in its power to make sure it never happens again.

Greece’s ageing railway system is in need of modernizing and many trains travel on single tracks.

Rail signals and automatic control systems still need to be installed in many areas. #trending #featured

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Trump’s “very productive” deal: What’s behind the U.S.-China agreement?

US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.

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US and China agree to new terms amid trade war, following productive talks between Treasury Secretary Bessent and Vice Premier He.


The United States and China have reached a new agreement amid an intensifying trade war between the world’s two largest economies. This comes after US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held their first in-person talks since the imposition of heavy tariffs on both sides.

President Trump has described the discussions as “very productive,” signaling cautious optimism as financial markets remain volatile and American consumers feel the pinch of rising prices. Secretary Bessent addressed reporters after long negotiations, underlining the urgency both sides felt to de-escalate the stalemate.

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U.S. and China strike surprise trade deal

US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.

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US and China reach a significant trade deal amid tensions, signaling thawing relations, while the UK secures symbolic concessions; insights from economist Tim Harcourt.


In a stunning development amid rising tensions, the United States and China have agreed on a new deal as part of their ongoing trade war.

US Treasury Secretary Scott Bessent and Chinese Vice Premier He Lifeng held the first in-person meetings in years, signaling a potential thaw in relations.

President Trump called the talks “very productive.”

Meanwhile, the UK has managed to score key trade concessions from the US, including on autos, jet engines, and steel—although the benefits may be more symbolic than substantial. Could this deal impact Australia’s trade position?

We unpack the details with Professor Tim Harcourt, Chief Economist at UTS and host of The Airport Economist.

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Inflation data, earnings reports, and market trends to watch

Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

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Investors focus on inflation data, trade meetings, Fed remarks, retail sales, and key earnings reports this week.

In Short:
Inflation data will be a key focus this week, alongside trade meeting results and important earnings reports. Investors will monitor Fed Chair Jerome Powell’s remarks and various economic indicators, including retail sales and sentiment surveys.

Inflation data set for Tuesday is expected to be a focal point this week.

Investors will also assess the results of recent U.S. and Chinese trade meetings following a quiet Friday that saw stock declines for the week.

On Thursday, remarks from Fed Chair Jerome Powell will be closely monitored as he faces pressure from President Donald Trump regarding interest rate decisions.

Retail sales figures will also be released on Thursday, coinciding with Walmart’s earnings report.

Key earnings announcements this week include those from Cisco Systems, Alibaba Group, Deere & Co., Applied Materials, and Take-Two Interactive.

In addition, consumer and small business sentiment surveys, along with data from the homebuilding and manufacturing sectors, may also draw interest.

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