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 pledges $50 million to improve impacts of climate change
Australia is contributing $50 million to a global fund aimed at helping poorer countries cope with the impacts of climate change. The Fund for Responding to Loss and Damage will assist developing nations recover from
Australian workers lose $91 billion a year
Australian workers are doing $91 billion worth of unpaid overtime each year, new research has revealed. The study by the Australia Institute’s Centre for Future Work shows that, on average, workers put in five weeks of
31% of companies are not paying tax in Australia
The Australian Taxation Office’s (ATO) annual corporate tax transparency report reveals that although large companies contributed a record A$100 billion in taxes last year—a 17% increase—31% of large companies operating in Australia still paid no
$675 million to repair Victoria’s roads
The Victorian Government is launching a $675 million maintenance operation targeting the state’s crumbling regional roads. The major initiative began Monday and will run for nine months, focusing on fixing potholes, reconstructing and resurfacing roads.
Peter Dutton: Plans to abolish the role of Ambassador for First Nations Peoples
The leader of the federal opposition, Peter Dutton, has pledged to abolish the position of Ambassador for First Nations Peoples if the Coalition wins the upcoming elections. This announcement follows revelations from the Daily Telegraph
Good news for motorists: Expected drop in gasoline prices
Motorists can look forward to further savings at fuel stations, as analysts predict a continued decrease in fuel prices. For years, China’s booming economy has driven global oil demand. However, recent forecasts from both OPEC
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
It took a CJEU ruling for Greece to release the marine plots map
They agonizingly insist that this is not an exercise of sovereignty! It took a CJEU ruling for Greece to release the marine plots map. After waiting for the country to be condemned by the EU
Greece’s reckless gamble: Enabling Turkish provocations at the cost of national sovereignty
One of the first things that history teaches us is that it repeats itself. And one of the first things that experience (must) teach us is that anyone who repeatedly makes the same mistakes will
Trump’s economic policies: The global impact and shifting alliances
This is indeed one of the most extraordinary examples of gaslighting during Trump’s presidency. In an attempt to spin one of the largest humiliations in U.S. history into a victory, he misrepresents the situation to
Salamis: The Battle that shaped the fate of Europe
The year is 480 BCE. The mighty Persian Empire, led by King Xerxes I, stormed through Greece, overwhelming city-states and crushing resistance. Salamis: The Battle that shaped the fate of Europe. Athens has already fallen;
Turkey’s genocide of Thracian Hellenism
April 6 marks the Remembrance Day for the genocide of the Thracian people. For Thrace, Easter of 1914 was the Black Easter and the beginning of Turkey’s genocide of Thracian Hellenism. Implications of injustice, massive
China to launch Fusion-Fission nuclear power Plant by 2030
This is huge and incredibly ambitious: China is to launch a Fusion-Fission nuclear power Plant by 2030. China now plans to have an operational fusion-fission nuclear power plant by 2030, in less than five years.
