
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

Micro-brewery sector in Greece surging on back of global beer trend
A burgeoning presence but limited profits are, in general terms, the main characteristics of the micro-brewing sector in Greece so far, although forecasts continue to be very bright – as Greek consumers are following a

Five suitors in next phase of IGB pipeline tender
Five consortia have been approved for the next phase of an international tender to build the Greece – Bulgaria (IGB) gas inter-connector pipeline between the Greek and Bulgarian natural gas grids, a project worth 145

Paralysis
With less than one month to go before the European Parliament election, the difficult situation in which Prime Minister Alexis finds himself is constantly worsening. With the cards stacked against them, none of the initiatives

Ancient Greek shipwreck now open to divers
A remarkably preserved shipwreck on the northern coast of the Greek island Aloneissos has become a remarkable new underwater museum. The ship has played a major role in the way archeologists understand the art of

50% of waste in Greece’s seas consists of plastic bags & bottles, aluminum cans
Fifty percent of waste found into Greek seas are plastic bags, plastic bottles and aluminum cans for beer and soft drinks, Professor Giorgos Papatheodorou of the Marine Geology and Natural Oceanography Laboratory at Patras University

Speculation of price hikes for Greeks’ beloved souvlaki/gyros causes outcry, social media frenzy
The recent international rally in meat prices, emanating from the devastating effects of African swine fever disease in China – the world’s biggest producer and consumer of pork – has touched a “raw nerve” in

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

Florida reports four deaths linked to flesh-eating bacteria in coastal waters
Health authorities in Florida have confirmed that four people have died this year due to infection with Vibrio vulnificus, a rare but highly dangerous flesh-eating bacterium found in warm, brackish coastal waters. According to the

EU adopts 18th sanctions package against Russia, targeting oil exports
The European Union has officially adopted its 18th sanctions package against Russia, further intensifying its economic pressure in response to Moscow’s ongoing war in Ukraine. According to diplomatic sources in Brussels, the new measures include

Libya’s UN submission is a proxy attack on Greece’s maritime sovereignty
Point 1 as a Strategic Choice According to the submitted list of coordinates, the northern boundary of the Libyan continental shelf begins (east to west) with points B and A, which form the eastern and

The geopolitical context of Albanese’s China visit
Prime Minister Albanese and I have a few things in common. We were both born on 2 March, and we have both been in car accidents, and as I write this, we are both in

Four killed in new Israeli airstrikes on Southern Lebanon
Beirut/Tribal Border – At least four people were killed yesterday in southern Lebanon amid fresh Israeli airstrikes targeting Hezbollah positions, according to the Lebanese Ministry of Health. The strikes mark a concerning breakdown in the

Christodoulides-Fidan one-on-one after the dinner of the five powers on Cyprus
Cyprus President Nikos Christodoulides and Turkish Foreign Minister Hakan Fidan held a brief meeting after the dinner hosted by UN Secretary-General Antonio Guterres at the United Nations headquarters. The dinner was attended by the Turkish