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
Significant concerns over social media data access during Australian wildfires
As wildfires rage in Los Angeles, a critical issue has surfaced in Australia regarding the role of social media companies in emergency responses. Rob Rogers, Commissioner of the New South Wales Rural Fire Service (RFS),
Rare glimpse into the life of an Aussie lotto winner
A former disability worker has offered up a rare glimpse into life after a $40 million lotto win. This is how he spent it. A North Queensland man has offered a rare glimpse into the
Musk’s SpaceX causes Qantas delays
Qantas has been forced to delay several of its flights to South Africa at the last minute due to warnings of falling debris from Elon Musk’s SpaceX rockets reentering earth. Ben Holland, head of Qantas’
Court annuls marriage after Melbourne bride thought wedding was ‘sham’ to boost groom’s Instagram
Judge finds woman ‘believed she was acting in a social media event’ rather than official ceremony A Melbourne couple’s marriage has been annulled after the bride told a court she had thought their wedding was
Demolished history: Developer accidentally tears down the birthplace of AC/DC
A developer in Australia has come under fire for accidentally demolishing the house where legendary rock band AC/DC was formed. The site, located at 4 Burleigh Street in the Sydney suburb of Burwood, was a
Inflation rises above forecast as grocery spending soars
New inflation figures show an increase in the 12 months to November, after it previously fell to its lowest level in three years. The Australian Bureau of Statistics said the consumer price index lifted to
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
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
Increase of households with Greek flag on their balconies
An impressive increase of households with the Greek flag on thier balcony has been recorded after the signing of the Prespes Agreement between Greece and North Macedonia and its adoption by the Parliament. This is
Mr. Tsipras’ twists and turns
Those who have closely followed the evolution of SYRIZA and Alexis Tsipras since they rose to power are aware of their constant Ovidian metamorphoses over many years. SYRIZA started off in 2008 as a basically
How the Aphrodite of Milos statue shaped the Western idea of female beauty
The statue of Aphrodite of Milos, which was discovered on April 8, 1820, changed western culture in the 19th century, creating a certain ambivalence about the idea of female beauty. Aphrodite – the goddess of
Sitia under water after torrential rains strike East Crete
Homes and businesses flooded, agricultural land was covered by water and mud and the city of Sitia in Lasithi Prefecture on the island of Crete turned into a huge lake following huge volume of rainwater
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
