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
Darwin embraces Greece at GleNTi 2025
The aroma of grilled meats and the sound of bouzouki music filled the Darwin Esplanade as an estimated 40,000 people gathered over the weekend for the much-anticipated return of the Darwin GleNTi Festival — Darwin
Coalition pushes Albanese to meet Trump amid AUKUS uncertainty
Australia’s opposition is urging Prime Minister Anthony Albanese to urgently secure a meeting with US President Donald Trump, following news that the Trump administration is reviewing the AUKUS security pact. The review casts doubt over the
Strategic Gap: Australia ranks 15th in global defence spending amid growing regional threats
As geopolitical tensions mount, Australia finds itself under increasing pressure to reassess its military preparedness. New data has revealed that the country ranks only 15th globally in defence spending – far behind nations like Saudi
Police under fire for failing to warn women about released violent partners
Victoria Police is facing fierce criticism after admitting it does not have the resources to warn women when their violent former partners are released from jail. The decision came despite a recommendation from State Coroner
Moira Deeming referred to IBAC over alleged preselection bribe offer
Victorian Liberal MP Moira Deeming has been referred to the state’s anti-corruption body, IBAC, following explosive allegations she offered to withdraw bankruptcy proceedings against former Liberal leader John Pesutto in exchange for guaranteed preselection for
RBA rate cuts could add $141,000 to property prices by 2026
Australian home prices are poised to rise by as much as 12 per cent—equating to an extra $141,000 on the median house price in the capital cities—if the Reserve Bank of Australia cuts the cash rate
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
Rafael Pagonis: A rising star in the future of tennis
Rafael Pagkonis is making waves in tennis, promising a bright future. Rafael Pagkonis has caught the attention of the Greek community by reaching the final of Wimbledon U14 on Sunday. Although he was defeated, his
Diplomatic sources: “The Libyan note verbale has no legal effect”
Greece has rejected the note verbale issued by the Libyan Permanent Mission to the UN on May 27, 2025, which concerns Greece’s initiatives to exercise sovereign rights in the Eastern Mediterranean. According to diplomatic sources,
Libya’s new maritime claims spark diplomatic tensions with Greece and Egypt
Libya has recently made a significant move in its maritime territorial claims by submitting a formal note to the United Nations on May 27, 2025, outlining the external limits of its continental shelf in the
Mitsotakis to meet EU Energy Commissioner Jørgensen amid regional development tour
Prime Minister Kyriakos Mitsotakis is set to meet with European Commissioner for Energy and Housing, Dan Jørgensen, today, at 13:00 at the Maximou Mansion. This meeting comes at a time when Greece is navigating complex
Greece navigates diplomatic minefield in Libya: Gerapetritis’ second visit tests Athens’ strategy
Greek Foreign Minister Giorgos Gerapetritis’ second visit to Tripoli highlighted both the persistence of geopolitical challenges in Libya and Athens’ continued efforts to open up meaningful diplomatic dialogue. While Libyan officials, including Foreign Minister Taher
Plevris confirms permanent closed migrant facility in Crete, enforces tough measures
Migration crisis and government response Greek Migration Minister Thanos Plevris has confirmed plans for at least one permanent closed identification facility for migrants and asylum seekers on Crete. This decision is a reaction to rising
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
“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.
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
