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
Doctor in Mani wins WONCA 2019 Europe Award of Excellence in health care
Dr Anargiros Mariolis, director of the Areopoli Health Center in Mani, is the winner of the WONCA Europe Award of Excellence in Health Care for 2019. The 5-Star Doctor is an award to doctors, who,
Repatriating two rare ancient vessels
Standing at just under 60 centimeters in height, two 4th century BC marble vessels – a funerary lekythos and a loutrophoros – that the Greek state is in negotiations to repatriate from Switzerland have traveled
Turkish researchers: No Sultan’s edict allowing Lord Elgin to loot the Acropolis
Two Turkish researchers have de-bunked the British claim that the Parthenon Marbles were a gift by the Ottoman Sultan Selim III to Lord Elgin. The Sultan did not issue an edict (ferman) allowing Elgin to
Rights of ethnic Greeks in Albania abused, again
Albania on Saturday reportedly withdrew a decision published in the online version of its government gazette calling for the seizure of properties belonging to members of the ethnic Greek minority in the town of Himara.
Greece furious over north neighbor’s “Wines of Macedonia”
It came as expected and feared. Companies in North Macedonia omit the geographic term and sell their products with state labeling as simple “Macedonian.” And this despite the Prespes Agreement or because of it that
2,300 Year old Greek Necropolis found in Bari, South Italy
Bari, the capitol of south Italy’s Puglia region was one of the many coastal city states of Magna Greacia (‘Great Greece’) settled by the Greeks from the 8th century BC. The enduring legacy of Greek
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
