Reserve Bank of Australia cuts Interest Rates: What it means for borrowers and the economy
The Reserve Bank of Australia (RBA) lowered the official cash rate by 25 basis points to 3.60%, a move that had been widely anticipated by economists and financial markets. The decision aims to provide relief
One in four Australians has fallen asleep at the wheel, NRMA survey reveals alarming trend
A new nationwide survey conducted by the NRMA has uncovered a troubling reality on Australia’s roads: nearly one in four Australians (23%) admit to having experienced a microsleep episode while driving, with almost two-thirds of
Qantas cyberattack exposes personal data of up to six million customers
Qantas has confirmed a significant cybersecurity breach that may have exposed personal data of up to six million customers, following a cyberattack on one of its customer service platforms. In a statement to shareholders this
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
Albanese: ‘US-Australia alliance remains strong – Trump meeting will happen’
Australian Prime Minister Anthony Albanese has played down concerns about a delayed face-to-face meeting with US President Donald Trump, following the latter’s abrupt exit from the recent G7 summit in Canada to oversee American airstrikes
China warns Australia: Don’t be dragged into NATO’s military spending push
China’s Ambassador to Australia, Xiao Qian, has issued a strong rebuke of NATO’s new military spending target, warning the Albanese government not to fall in line with what Beijing sees as a dangerous escalation of
Bush Summit 2025: Albanese to champion the regions at Ballarat Summit
Prime Minister Anthony Albanese will lead the 2025 National Bush Summit, committing to ramp up support for regional Australia amid a year marred by devastating droughts and floods. The landmark event, organised by News Corp
Thessaloniki International Fair (TIF): Up to €2 Billion Package to Support the Middle Class
The government’s economic team is expected to present the final plan for the benefits package immediately after the August 15 holiday, to be announced at the Thessaloniki International Fair (TIF). The total cost of the measures is estimated to reach between €1.5 and €2 billion, with the primary goal of
Tempi Tragedy pushes Mitsotakis towards early elections
Public demand for justice, transparency, and accountability in the Tempi Tragedy pushes Mitsotakis towards early elections. Growing louder, public demand is expected to be voiced so powerfully during the upcoming demonstrations that it will be
Australia joins global outcry for Tempi tragedy anniversary
As Greece and Australia prepare for protests on February 28, marking the second anniversary of the tragic train collision in Tempi that claimed 57 lives. Australia joins global outcry for Tempi tragedy anniversary as mounting
Tempi Tragedy: Message of solidarity from the Association of Bereaved Families of the Mati Fire
“We once again express our deepest solidarity to the families of the deceased and the injured, sincerely hoping that the truth will be revealed and justice will be served for the victims, so that the
Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece
The US Department of Government Efficiency (DOGE), an agency led by Elon Musk tasked with reducing government expenditure. Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece. Announced on X that it has cancelled a
Karystianou blasts the investigator, asking “Do you grasp the cover-up?”
“After two years, we are still dealing with videos of dubious authenticity that have suddenly surfaced, even though footage from the two contentious days has been in the investigator’s possession. Karystianou blasts the investigator, asking
Santorini: The ultimate eruption nightmare?
Earthquakes in the wider Santorini region appear endless, leaving the scientific community deeply concerned about the ongoing cycle of seismic activity. Santorini: The ultimate eruption nightmare? Indeed, scientists are now openly discussing the possibility of
Netanyahu and Trump discuss Israel’s plans to attack Gaza
Israeli Prime Minister Benjamin Netanyahu spoke by phone on Sunday with US President Donald Trump, where they discussed in detail Israel’s plans for a new military operation in the Gaza Strip. The conversation was made public in an official statement from the Israeli prime minister’s office, which released the basic
Megaquake warning issued for Nankai Trough in Japan
A powerful earthquake struck off Japan’s southern coast on Thursday, causing minor injuries and prompting concerns about future major quakes, particularly from the Nankai Trough. The quake, which registered a magnitude of 7.1, was centered
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
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.
