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
Labor Government to slash medicine prices to $25 despite looming US trade threats
Millions of Australians suffering from chronic conditions such as asthma, diabetes, severe pain, and menopause are set to benefit from a new policy by the Albanese government that will drastically reduce the price of essential
Coalition softens immigration stance in bid to rebuild migrant trust
The federal Coalition is shifting its rhetoric on immigration, signalling a move away from the hardline narrative associated with former Minister Peter Dutton, in an attempt to reconnect with Australia’s multicultural communities ahead of the
Australia’s cyber storm: How AI is supercharging hacking and threatening national security
Australia is facing a new wave of cybercrime – one driven not by lone hackers in dark rooms, but by advanced artificial intelligence systems capable of impersonating CEOs, breaking passwords in seconds, and launching large-scale
Albanese: Israel’s denial of Gaza aid ‘indefensible’ amid humanitarian catastrophe
Prime Minister Anthony Albanese has delivered his strongest criticism yet of Israel’s handling of the war in Gaza, calling the denial of humanitarian aid “indefensible” as the region suffers under a catastrophic humanitarian crisis. In
Melbourne surgeon accused of secretly filming hospital staff in toilets and showers
A Melbourne surgeon is at the centre of a disturbing criminal investigation, accused of secretly filming hundreds of hospital staff members in toilets and showers across multiple medical facilities. Shocking allegations and arrest Ryan Cho,
RBA holds firm: No cuts until job market softens further
Reserve Bank of Australia Governor Michele Bullock has reinforced the bank’s cautious stance on interest rate cuts, stating that further evidence of a weakening labour market is needed before any monetary easing. Speaking at the
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
Thousands compete in Athens half marathon
Thousands of professional and amateur runners participated in the 8th Athens Half Marathon held in the center of the Greek capital on Sunday morning. The race held on a beautiful and warm spring day started
New Zealand mass killer visited Greece twice
The man thought responsible for the killing of at least 50 people in the unprecedented terrorist attack in New Zealand that stunned the nation and the world, visited Greece twice, local media reported on Saturday.
Turkey claims airspace violations in the Aegean are “legal”
Turkey has claimed that airspace violations in the Aegean are “legal” and “no threat to Greece.” Calling Turkish flights over Aegean “a threat” is incompatible to good neighborly ties, the Turkish Foreign Ministry said in
Exact replica of Nike of Samothrace awaiting to be transferred to home island
An exact replica of the iconic marble sculpture of Nike of Samothrace, one of the most spectacular exhibits in the Museum of the Louvre, has been temporarily placed in the city of Alexandroupolis, NE Greece,
Recognition of Macedonian language a ‘grave mistake,’ says prominent linguist
Greece committed a “grave mistake” in recognizing the existence of a Macedonian language, prominent linguist and former education minister Georgios Babiniotis said, adding that the clause in the Prespes accord signed between Athens and Skopje
Greek foreign ministry reacts to Erdogan comments on military flights in Aegean
Athens immediately responded on Friday to inflammatory statements a day earlier by Turkish President Recep Tayyip Erdogan, who, among others, said “we (Turkish military) scramble aircraft in the Aegean, as long as the Greeks do
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
