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
Aged Care reform sparks concern among Greek Australians
With significant federal aged care reforms due to take effect from 1 July, growing concerns are being raised about the financial strain they may place on older Australians — particularly pensioners. Aged Care reform sparks
Prime Minister Anthony Albanese calls Federal Election for 3 May 2025
Prime Minister Anthony Albanese has officially called the federal election for 3 May, ending months of speculation over when Australians would head to the polls. While both major parties have been in unofficial campaign mode
Sydney to host Greek Presidential Guards for ANZAC 2025!
Sydney, Australia – Sydney to host Greek Presidential Guards for ANZAC 2025! A historic and culturally significant event in 2025, as 14 members of the Greek Presidential Guard, known as the Evzones, arrive in the city
Premier Jacinta Allan apologises to victims, announces overhaul of bail laws
Victorian Premier Jacinta Allan has issued a heartfelt apology to victims of crime, acknowledging her government’s past failure to address rising crime rates across the state. Premier Jacinta Allan apologises to victims, announces overhaul of
Albanese: American tariffs on Australian steel and aluminium is “entirely unjustified”
Prime Minister Anthony Albanese has strongly condemned the United States’ decision to impose tariffs on Australian steel and aluminium, calling it “entirely unjustified.” Albanese: American tariffs on Australian steel and aluminium are “entirely unjustified”. Despite
Victoria’s 30-Year Infrastructure Plan: Housing, Transport, and Safer Streets
Infrastructure Victoria has unveiled an ambitious 30-year blueprint to address the state’s growing infrastructure needs. The plan includes $75 billion in new spending, with expected economic benefits of $155 billion, focusing on public transport expansions,
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
OPEKEPE scandal: Government triggers inquiry, opposition cries cover-up
The Greek government has ignited a political storm by announcing the formation of a parliamentary inquiry (Exetastiki Epitropi) to investigate the OPEKEPE agricultural payment authority from 1998 to the present day. The move, seen by
Irene Mourtzoukou to testify today over four child murders – Dozens of notes and new attempted murder allegations
Today, Sunday, July 13, Irene Mourtzoukou is scheduled to appear before the Patras investigating magistrate to testify in connection with the chilling case of four child murders — a case she has already confessed to.
Migration Crisis: Key Decisions Taken at Ministry of Migration Meeting on Increased Flows to Crete
A broad meeting was held at the Ministry of Migration and Asylum at noon on July 11, 2025, to discuss the escalating migration flows to Crete. The meeting was chaired by the Minister of Migration
DNA for Sale? The untold story of Greece’s newborn screening scandal
It seemed as though Greece had stepped into a remake of Gattaca—a world where every child’s future is predetermined by genetic analysis, infused with a hint of Orphan Black in the veil of secrecy surrounding
Controversial Migration Bill sparks outcry in Greek Parliament
Left-wing parties denounce asylum restrictions as unconstitutional and “shameful” A new migration bill tabled by the Greek government has triggered a political firestorm in Parliament, with opposition parties accusing the Mitsotakis administration of violating international
Mourtzoukou confession shocks Greece: “I wanted to hurt someone”
The Greek public is reeling from the horrifying confession of 25-year-old Eirini Mourtzoukou, who has admitted to killing four children, including her own daughters and her baby sister. Following her arrest on Monday at a
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
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.
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
