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
Armenian, Assyrian, and Greek Genocides to be Included in NSW School Curriculum
In a landmark decision, the New South Wales (NSW) Education Standards Authority (NESA) has finalized its History Syllabus for Years 7 to 10, incorporating a mandatory study of Australia’s humanitarian efforts during World War I.
Record Drownings at Australian Beaches
Australia has seen a significant rise in drownings at its beaches, with new data revealing a record 150 coastal deaths for the 2023/2024 period. This alarming increase coincides with a growing number of Australians flocking
Positive response to proposed changes on children’s online privacy
In a bid to bolster privacy protections, Australia’s Minister for Justice, Mark Dreyfus, has introduced a proposal for a children’s online privacy code. This initiative aims to impose strict regulations on how personal data of
Government and opposition reach landmark agreement on aged care reforms
Australia’s aged care system is set to undergo major reforms, following a historic agreement between the federal government and the opposition. After months of negotiations, a consensus was finally reached, ensuring the sustainability and quality
69-year-old man died after waiting 4 hours for an ambulance
A 69-year-old man in Melbourne’s east has died after waiting four hours for an ambulance due to severe shortages at Ambulance Victoria. The delays were caused by 50 ambulances being out of service due to
Top engineers call for data and solutions for unsafe water in remote Indigenous communities
An explainer released today on the 17th anniversary of the United Nations Declaration on the Rights of Indigenous Peoples by the Australian Academy of Technological Sciences and Engineering (ATSE) outlines the ongoing challenges to providing
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
Albanian Police kill Greek who raised Greece’s flag in Northern Epirus
A 35-year-old Greek, named Konstantinos Katsifas, was shot dead by the Albanian special forces near the village Bularat (Vouliarates) in Albania’s northern Epirus region, 6 kilometers (4 miles) from the Greek-Albanian border. According to Albania’s
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
