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
Albanian Police kill Greek who raised Greece’s flag in Northern Epirus
A 35-year-old Greek, named Konstantinos Katsifas, was shot dead by the Albanian special forces near the village Bularat (Vouliarates) in Albania’s northern Epirus region, 6 kilometers (4 miles) from the Greek-Albanian border. According to Albania’s
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
An Honest Broker No Longer: The United States Between Turkey and Greece
Over the course of 2022, Turkish President Recep Tayyip Erdogan has maintained a steady drumbeat of provocations targeting Greece. The year began with his foreign ministry issuing a statement threatening to declare Greece’s sovereignty as
Zoltan Pozsar: The dusk of the petrodollar, the dawn of petroyuan
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting
Who Was Really Behind the Istanbul Bombing?
Amid a drop in Erdogan’s approval ratings ahead of next June’s elections, there are grounds for some skepticism about who carried out the attack. by Robert Ellis Sunday’s explosion on Istanbul’s busiest thoroughfare, Istiklal Caddesi,
Blowback: Italian police bust Azov-tied Nazi cell planning terror attacks
The arrest of Italian neo-Nazis affiliated with the Ukrainian Azov Battalion highlights the terrifying potential for blowback from the Ukraine proxy war Italian police announced a series of raids against the neo-Nazi Order of Hagal
Ukraine and western allies at odds over missile that exploded in Poland
A disagreement broke out on Wednesday between Ukraine and its western allies over who launched a missile that exploded in Poland, with Nato, Warsaw and the US saying the weapon was likely fired by Kyiv’s
U.S. Forces Deployed to Ukraine to Fight Weapons Smuggling
A “small number” of U.S. military forces are performing onsite inspections in Ukraine to ensure military aid to Kyiv is being properly accounted for. by Mark Episkopos A “small number” of U.S. military forces are
