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
Trump turns up the heat: Australia pressured to boost defence spending or face trade penalties
The Trump administration is putting mounting pressure on Australia to drastically increase its defence spending, aligning with NATO’s new benchmark of 5% of GDP. While NATO allies recently accepted this demand, Australia is resisting calls
Sussan Ley Vows to Boost Female Representation in Liberal Party Amid Quota Debate
Sussan Ley, newly elected leader of the federal Liberal Party, has pledged to increase the number of women within the party’s ranks, acknowledging a deepening gender divide that contributed to the Coalition’s landslide defeat at
Australia sets tougher PFAS guidelines amid health concerns — But experts warn of high costs
The Australian Government has introduced stricter national limits on cancer-linked “forever chemicals” in drinking water, in a move welcomed by health and environmental experts—but one that could impose significant financial burdens on communities, particularly in
Australia designates white supremacist network Terrorgram a terrorist organisation
In a decisive move to combat domestic extremism, Australia has formally designated the white supremacist online network Terrorgram as a terrorist organisation. The announcement, made by Home Affairs Minister Tony Burke on Thursday, grants law
Key quad meeting in Washington: Australia at the forefront of Indo-Pacific strategy
In a pivotal diplomatic gathering on July 1, the foreign ministers of the United States, India, Japan, and Australia will convene in Washington for the 2025 Quad Foreign Ministers’ Meeting, with US Secretary of State
No panic at the pump: Fuel prices hold steady despite Iran-Israel ceasefire
Despite recent tensions in the Middle East and fears of a global oil shock, fuel prices across Australia have remained surprisingly steady. The ceasefire between Iran and Israel — announced after a series of intense
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
Lanterns to commemorate 100 years from the Pontic Greeks Genocide
Pontic Greeks in Thessaloniki let 100 lanterns high into the night sky in order to commemorate the Genocide of Pontic Greeks first by the Young Turks and then by Kemalist forces. May 19th commemorates the
Greece refutes Turkish claims on status of Aegean Islands
The Greek foreign ministry late on Sunday strongly refuted a claim by its Turkish counterpart that Greece does not respect the demilitarized status of the islands in the eastern Aegean Sea. Earlier Sunday, Turkish Foreign
Historic decision made to rebuild Part of the Parthenon
The Greek Central Archaeological Council (KAS) decided on Wednesday that a part of the Parthenon, now in ruins on the Athens Acropolis, is to be rebuilt using mostly materials which are now lying on the
Venezuela – another failed coup attempt – What’s next?
In the early morning hours of 30 April, 2019, the self-declare “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much
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
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
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
East-West prisoner swap: Largest since the Cold War
US President Joe Biden has celebrated the return of three Americans who were imprisoned in Russian penal colonies after secret “sham” trials. They were freed as part of a significant East-West prisoner swap. Biden and
USA: We are working to ensure that North Macedonia respects the Prespa agreement
The assurance that the US is working to ensure that the new government of North Macedonia respects the Prespa Agreement was underlined by Assistant Secretary of State for European and Eurasian Affairs James O’Brien. During
Man accused of plotting the 9/11 attacks, Khalid Sheikh Mohammed, reaches plea deal
The man accused of plotting the September 11 attacks, Khalid Sheikh Mohammed, and two of his accomplices have reached a plea deal with US prosecutors, the Pentagon said Wednesday local time. The trio have reportedly
Maduro under scrutiny at the International Criminal Court?
OAS Secretary General recommends his arrest for bloodshed in Venezuela The turmoil in Venezuela following the recent election results continues to escalate, drawing international reactions. On Wednesday, Luis Almagro, the Secretary General of the Organization
Hamas chief Ismail Haniyeh assassinated in Iran
Tehran: Iran’s paramilitary Revolutionary Guard said Hamas leader Ismail Haniyeh was assassinated in Tehran. No one immediately claimed responsibility for the assassination but suspicion immediately fell on Israel, which has vowed to kill Haniyeh and
