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
Victoria Police Chief Commissioner Shane Patton resigns amid leadership crisis
In a dramatic turn of events, Victoria Police Chief Commissioner Shane Patton has resigned just days after a scathing vote of no confidence in his leadership. The decision to step down came following increasing scrutiny
Buying a home is tough for young people so how do some manage?
For many young Australians, breaking into the housing market feels tougher than ever, with many fearing they may never own a home. Public debates continue over whether it is harder now than decades ago. Buying
Scientists create first kangaroo embryo via IVF
Scientists have successfully created the first kangaroo embryo through in vitro fertilization (IVF), a breakthrough hailed as a “pioneering achievement” that could one day help save endangered species. According to CNN, this innovative research may
Message of His Eminence Archbishop Makarios of Australia on the floods in northern Queensland
Dearly beloved, It is with sadness of heart that we see thousands of our fellow persons facing dire situations, and some who have lost their lives because of the recent devastating floods that have affected
Australia bans DeepSeek on government devices over security concerns
Australia has banned the use of DeepSeek on all government devices, citing security risks associated with the Chinese artificial intelligence startup. The government announced the decision, following concerns over potential threats to national security. The
Changes to the way paracetamol is sold come into effect from February 1
Changes in the way the common painkiller paracetamol is sold come into effect from tomorrow. From February 1, 2025, non-pharmacy retailers like supermarkets can only sell 16-tablet packs of paracetamol, rather than the 20-tablet
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
Greece moves to clamp down on migrant arrivals from Libya with detention and asylum ban
As arrivals spike in Crete, the government revives 2020 border strategies and seeks deeper cooperation with Eastern Libya The Greek government has announced tough new measures to curb illegal immigration from North Africa, particularly from
Greece tables emergency asylum bill – Immediate deportations for illegal entries from North Africa
The Greek Parliament is debating today a controversial emergency amendment that imposes a three-month suspension on asylum applications by individuals entering the country illegally via sea routes from North Africa. The amendment, attached to a
4.4 Magnitude earthquake strikes off Amorgos coast – no damage reported
A magnitude 4.4 earthquake struck off the coast of Amorgos in the early hours of Thursday, sparking concern among residents but causing no reported damage or injuries. According to the Geodynamic Institute of Athens, the
Oropos fire: Fierce overnight battle with flames – improvement in Asprochori, concerns shift to Sykamino
A large wildfire continues to burn in the Oropos region of Attica, with two active fronts threatening local communities. One front is advancing toward Asprochori and the other toward Sykamino, where the situation is currently
Greece Plans Detention Centres in Crete After Diplomatic Rift with Libya
Following a diplomatic incident in Benghazi that saw Field Marshal Khalifa Haftar expel a European migration delegation, the Greek government is preparing a new wave of strict measures to stop migrant arrivals from Libya to
Mitsotakis knew everything about the OPEKEPE scandal
“We failed. Trading for a few votes is unacceptable.” Mitsotakis knew everything about the OPEKEPE scandal. There are more scandals, at least two more to be revealed, and there are elections on the horizon as
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
How China could re-dollarise without funding US wars
China issued a US dollar-denominated bond in Saudi Arabia, directly challenging the petrodollar system. Although the bond was relatively small, at $2 billion, the rate and uptake are noteworthy. China was able to issue US
UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation
British state media has confirmed that Ukraine launched British-supplied Storm Shadow missiles at targets deep within Russia’s Kursk region. UK confirms ‘Storm Shadow’ strike in Russia, risking severe escalation of the ongoing conflict. This strike,
US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine
Bombshell from Le Figaro! US, UK, France approve strikes on Russia, NATO set for direct conflict in Ukraine. This is a transparent attempt to escalate the Ukraine War before Trump takes office. Biden is now
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
Donald Trump Taps Elon Musk, Vivek Ramaswamy to Lead Nonexistent Department of Government Efficiency
“These two wonderful Americans will pave the way for my Administration to dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” said Donald Trump in a statement. President-elect Donald Trump announced
A shadow ‘financial crisis’ has cost the world $2 trillion
Last month, two major storms, Hurricane Helene and Hurricane Milton, caused a total of between $51.5 billion and $81.5 billion of property damage, mostly to Southeastern US states, according to estimates from CoreLogic. That’s a
