
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

AMA urging stop to ‘coercive and deceptive’ marketing of commercial foods for infants
The Australian Medical Association is calling on the government to implement best practice standards for nutrition in commercial foods for infants and young children. As part of its submission to the Department of Health and

Australia marks 25th anniversary of East Timor service
Today marks 25 years since Australian troops were first deployed to Timor-Leste. Around 5,500 Australian service personnel were sent to Timor-Leste in 1999, the largest deployment of Australian troops since the Vietnam War, after the

Experts predict no interest rate relief until 2025
Stressed homeowners will have to wait until next year for mortgage relief, according to a polled array of experts. Comparison spoke to 42 experts and economists for this month’s RBA Cash Rate Survey, and every

More cash for millions of Australians from today as welfare payments rise
More than five million people will have more cash in their pockets from today as welfare payments receive an indexation boost. Age and disability pensions, rent assistance, carer payments, and JobSeeker payments all increase from

Thousands Rally in Melbourne for CFMEU Support Amidst Crackdown
Thousands of tradies and union members rallied in Melbourne’s CBD on Wednesday in support of the CFMEU, with a key union leader praising John Setka as an exemplary leader. Thousands Rally in Melbourne for CFMEU

Nearly $18 billion in lost or unclaimed super, tax office says
Almost $18 billion in lost and unclaimed super is waiting for Australians to pick it up. The Australian Taxation Office is urging people to check whether any of the current $17.8 billion pool belongs 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

Greek Security Council (KYSEA) convenes amid Middle East tensions – Athens evaluates risks to stability and national interests
Greece’s top security body, the Government Council for Foreign Affairs and Defence (KYSEA), is convening in an extraordinary meeting today at 12:00 PM, chaired by Prime Minister Kyriakos Mitsotakis, in response to rising geopolitical tensions

Greece deploys drones to monitor beaches after 3,000 complaints over Illegal sunbeds
Greek authorities are launching a new aerial monitoring initiative, deploying drones to surveil beaches across the country following a surge of over 3,000 public complaints regarding unlawful occupation of coastal space, unauthorized sunbeds, and restricted

PASOK calls for elections due to OPEKEPE Scandal
For the first time, PASOK officially mentioned the prospect of calling elections in connection with the OPEKEPE scandal, on the condition that the statute of limitations for any offenses will be prevented. During the meeting

Libya’s parliament moves to ratify Turkey-Libya Maritime Agreement despite Greek objections
The Libyan House of Representatives is set to proceed with the ratification of the controversial Turkey-Libya memorandum on the delimitation of maritime zones, despite strong opposition from Greece and other Mediterranean countries. According to reports,

Athens fires back at Ankara over East Med dispute: “Turkey cannot lecture others on International Law”
Greece has issued a stern diplomatic response to fresh accusations from Turkey regarding its stance on the controversial Turkey-Libya maritime agreement. The Greek Foreign Ministry, through diplomatic sources, denounced Turkey’s latest comments as “incompatible with

Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means

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

The undermining of Greece’s geopolitical credibility under the Mitsotakis government!
The Mitsotakis government’s foreign policy has led Greece into an unprecedented crisis of geopolitical credibility, with serious consequences for national interests, national sovereignty, and territorial integrity. The policy of appeasement towards Turkey, the signing of

Moscow bans Greek official and warns of further retaliation
Russia is dangerously hardening its stance towards Greece, openly denouncing the New Democracy government as a servant of the West. Moscow bans a Greek official and warns of further retaliation, openly denouncing the New Democracy

Germany’s economy buckles into a full-blown bankruptcy crisis
Germany is bracing for a continued surge in major insolvencies throughout 2025 and even 2026, according to a recent analysis by credit insurer Allianz Trade. Germany’s economy buckles into a full-blown bankruptcy crisis after a disastrous

Sinai Monastery on the Altar of cheap energy
Corriere links Mitsotakis–Sisi deal to historic sell-off of the Sinai Monastery on the Altar of cheap energy. On the altar of cheap energy! Corriere della Serra links the issue of the Monastery of Sinai to

Trump signs order banning citizens of 12 countries from entering the US
Nationals from countries including Afghanistan, Haiti and Sudan ‘fully’ restricted as those of seven other countries partially restricted Donald Trump has signed a sweeping order banning travel from 12 countries and restricting travel from seven

Ange Postecoglou realises his impossible dream with Tottenham’s Europa League Triumph
Driven by a lifelong ambition and a relentless will to win, Ange Postecoglou has climbed to the summit of international football, securing his place as one of Australia’s and Greece’s most successful sports figures. Ange