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
More than 300,000 ancient treasures unearthed during metro digging in Thessaloniki
Metro digging in Thessaloniki, Northern Greece, has unearthed an extraordinary treasure trove of more than 300,000 ancient artefacts, from gold wreaths and rings to statues of the goddess Aphrodite. The construction of a metro network
Ancient Greek migrants built the famous Stonehenge, DNA reveals
Britons who built the famous Stonehenge were product of ancient wave of migrant farmers, that is of Greeks from Asia Minor, DNA tests have revealed. Ancient skeletons have revealed that the arrival of population from
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
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
Florida reports four deaths linked to flesh-eating bacteria in coastal waters
Health authorities in Florida have confirmed that four people have died this year due to infection with Vibrio vulnificus, a rare but highly dangerous flesh-eating bacterium found in warm, brackish coastal waters. According to the
EU adopts 18th sanctions package against Russia, targeting oil exports
The European Union has officially adopted its 18th sanctions package against Russia, further intensifying its economic pressure in response to Moscow’s ongoing war in Ukraine. According to diplomatic sources in Brussels, the new measures include
Libya’s UN submission is a proxy attack on Greece’s maritime sovereignty
Point 1 as a Strategic Choice According to the submitted list of coordinates, the northern boundary of the Libyan continental shelf begins (east to west) with points B and A, which form the eastern and
The geopolitical context of Albanese’s China visit
Prime Minister Albanese and I have a few things in common. We were both born on 2 March, and we have both been in car accidents, and as I write this, we are both in
Four killed in new Israeli airstrikes on Southern Lebanon
Beirut/Tribal Border – At least four people were killed yesterday in southern Lebanon amid fresh Israeli airstrikes targeting Hezbollah positions, according to the Lebanese Ministry of Health. The strikes mark a concerning breakdown in the
Christodoulides-Fidan one-on-one after the dinner of the five powers on Cyprus
Cyprus President Nikos Christodoulides and Turkish Foreign Minister Hakan Fidan held a brief meeting after the dinner hosted by UN Secretary-General Antonio Guterres at the United Nations headquarters. The dinner was attended by the Turkish
