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
Australia joins global outcry for Tempi tragedy anniversary
As Greece and Australia prepare for protests on February 28, marking the second anniversary of the tragic train collision in Tempi that claimed 57 lives. Australia joins global outcry for Tempi tragedy anniversary as mounting
Australia to euthanize 90 whales stranded in Tasmania
Australian authorities have made the difficult decision to euthanize 90 whales that were stranded on the shores of Tasmania after failed attempts to return them to the water. A total of 157 pilot whales became
Australia: Underwater structure taller than the Empire State Building discovered
Scientists exploring the Great Barrier Reef off the coast of Australia have uncovered a massive new reef that rises 500 meters from the seafloor. This colossal underwater structure surpasses the height of some of the
RBA announces quarter-point reduction in cash rate to 4.1%
The Reserve Bank has announced a quarter-point reduction in the cash rate to 4.1%. The decision is a sign the RBA believes inflation is being tamed, and there is room to ease pressure on mortgaged
New rules for Aussie Community Grants slammed as ‘woke’ and ‘ridiculous’
The Albanese government has faced backlash for altering the Stronger Communities program, which thousands of local sports clubs and community groups rely on for funding. The revised guidelines now prioritise spending on initiatives like First
Suburban Rail Loop funding released amid continued controversy
The Albanese government has announced the release of $2.2 billion in funding for the controversial Suburban Rail Loop (SRL), a promised contribution from the last federal election. This funding, however, comes with strict conditions and
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
EU agrees to sanction turkey for drilling in Cypriot water
A surprisingly muscular response beyond mere threatening rhetoric out of the European Union over Turkey’s violations of Cypriot territorial waters related to offshore drilling operations: the EU has agreed to bring financial and political sanctions
Archaeology Piece of skull found in Greece ‘is oldest human fossil outside Africa’
A broken skull chiselled from a lump of rock in a cave in Greece is the oldest modern human fossil ever found outside Africa, researchers claim. The partial skull was discovered in the Apidima cave
Athens-Piraeus again in ‘top 10’ in terms of global shipping hubs
The Athens-Piraeus area has returned to the world’s top 10 shipping hubs, according to a recent study by Baltic Exchange. The Greek capital bumped Korea’s Pusan from the “top 10” list, while Singapore remained first,
4.6 Magnitude Earthquake in Kozani, Northern Greece
According to the Geodynamic Institute of the National Observatory of Athens, the epicenter of the quake was located 8 klm south of Kozani, in northern Greece. The earthquake struck at 13:50 on Sunday with a
Greece’s Milos voted “Best Island in Europe” by Travel & Leisure Magazine
The readers of the famous “Travel + Leisure” magazine recently voted the Greek island of Milos as “the best island in Europe” for 2019. The list is comprised of 15 islands across Europe, with Greece
Swordfish killed by swimmers on a beach in Chalkida, Greece
A swordfish which swam its way to the shallow waters of a beach in Chalkida on the island of Evia, was killed by beachgoers. The swordfish went to the shallow water to give birth and
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
Secret negotiations between Turkey and Syria over maritime zones
A letter signed by Turkish Foreign Minister Hakan Fidan has, for the first time, confirmed that secret negotiations are underway to define maritime boundaries between Turkey and Syria, in anticipation of the post-Assad era. Secret
Greek expatriates tax and business online workshop
The General Secretariat for Greeks Abroad and Public Diplomacy, in collaboration with the Independent Authority for Public Revenue (AADE), is organising an online workshop for expatriates and residents abroad on issues related to tax procedures
Elon Musk and Billboard Chris win legal battle against Australian eSafety Commissioner
In a landmark legal victory, Elon Musk’s social media platform, X, and Canadian activist Chris Elston, also known as Billboard Chris, have successfully challenged a takedown notice issued by Australia’s eSafety Commissioner, Julie Inman Grant.
Heatwave in Italy: Woman dies of heart attack on the street, construction worker in coma
Italy is currently grappling with a brutal heatwave that has claimed the lives of at least two people in the central and southern regions, as the country faces record-high temperatures. The scorching heat has intensified,
Venezuela declares UN High Commissioner for Human Rights, Volker Turk, persona non grata
In a significant diplomatic development, the Venezuelan National Assembly has declared Volker Turk, the United Nations High Commissioner for Human Rights, persona non grata. This decision came after recent criticisms from his office regarding the
Penny Wong under pressure at strategic Quad talks amid rising tensions with Trump administration
Australian Foreign Minister Penny Wong has faced intense diplomatic scrutiny in Washington as she joined her counterparts from the US, Japan, and India at a high-stakes Quad summit, amid growing uncertainty in Australia-US relations and
