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
Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi
Wildfire disaster in Chios: Tens of thousands of acres burned as blaze continues to rage
Chios is currently experiencing one of the most severe environmental disasters in recent Greek history. For the third consecutive day, an uncontrollable wildfire has scorched vast swathes of the island, with more than 30,000 hectares
Tensions flare with Libya over offshore licensing south of Crete
An unexpected complication has emerged ahead of Greek Foreign Minister George Gerapetritis’ planned visit to Libya, where he was due to hold meetings in both Tripoli and Benghazi. Tensions flare with Libya over offshore licensing
Petro-Loukas Chalkias: The great clarinet virtuoso dies at the age of 90
Petro-Loukas Chalkias was the patriarch of the Epirus clarinet, an authentic representative of the musical soul of Epirus, who honoured his homeland and Greece as a whole with his career and artistry. Through his unique
Greek debt is a ticking time bomb as the Government’s fake stability unravels
Beneath the public relations gloss, the Financial Times has issued a stark warning to investors and potential buyers of Greek debt: Greek debt is a ticking time bomb as the Government’s fake stability unravels and
Legalised ethnic replacement as 16,000 Greek villages surrendered
Presidential Decree 11/2025 paves the way for a demographic transformation and the replacement of the Greek population. Legalised ethnic replacement as 16,000 Greek villages surrendered, as the Mitsotakis government is preparing 16,000 migrant reception centres
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
Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads
ROME (All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life. Police officers
Are Turkish Cypriots Done with Ankara?
For the Turks, Turkey is the homeland and Cyprus is the “baby homeland.” In January 2018, several thousand Turkish Cypriots marched against what they said was Turkey’s unwanted influence that has emboldened hard-right groups to
Coronavirus Panic Goes Global: S.Korea Warns of “Watershed Moment”
78,000 cases confirmed, as Italy and Iran scramble to contain major outbreaks. The world is fast approaching a tipping point in the spread of the coronavirus, according to experts, who warn that the disease is
UN to post EEZ maps of Libya, Turkey deal
Athens is bracing for the United Nations’ Division for Ocean Affairs and the Law of the Sea to post the geographical coordinates outlined in the maritime border agreement signed by Turkey and the Tripoli-based government
Partners with Cyprus in joint Anti-Aircraft defense exercise
France partnered with the Republic of Cyprus in testing its anti-aircraft defense capabilities in a joint military exercise which was conducted across the free territories of the Republic on Monday. Numerous French ”Rafale” fighter jets
Greece – the clearance sale of military bases to the United States
The United States have profited cleverly from Greece’s financial problems in order to force them to sign a contract which would enable the USA to block the ocean passage from the Black Sea to Russia.
