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
Inflation drops to 3.5 per cent
Inflation has eased to 3.5 percent, down from June’s 3.8 percent, raising speculation about a potential cash rate cut by the Reserve Bank of Australia (RBA) before its next meeting on September 24. The July Consumer
Liberals celebrate decisive victory in NT
Northern Territory Country Liberal Party (CLP) leader Lia Finocchiaro has celebrated a decisive victory in the recent election, ending eight years of Labor rule. The CLP won at least 15 of the 25 parliamentary seats,
2.9 million Australians use pay-on-demand services
With the cost of living putting more pressure on Australians, the use of pay-on-demand services has surged. New data from Finder shows that 14 percent of Australians—about 2.9 million people—have utilized these services in the
Fears for escalation tensions leads Jewish and Islamic schools to increase security
In response to rising cultural and religious tensions, numerous Islamic and Jewish schools across Australia are enhancing their security measures. The increased security comes amid concerns over potential violence linked to the Israel-Gaza conflict and
Magnitude 5.0 earthquake reported in NSW’s Upper Hunter region
A 5.0 magnitude earthquake has shaken parts of New South Wales. The earthquake epicentre was near the mining town of Denman, about 250km north of Sydney, at 10km deep. It was felt across the state,
Australia calls for protection of Gaza war cemetery amid Hamas threat
The Australian government has strongly condemned any threats to desecrate war graves following the revelation of a Hamas plot to exhume the remains of Australian soldiers. The conspiracy, detailed in a seven-page document discovered in
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
More than 300,000 ancient treasures unearthed during metro digging in Thessaloniki
Metro digging in Thessaloniki, Northern Greece, has unearthed an extraordinary treasure trove of more than 300,000 ancient artefacts, from gold wreaths and rings to statues of the goddess Aphrodite. The construction of a metro network
Ancient Greek migrants built the famous Stonehenge, DNA reveals
Britons who built the famous Stonehenge were product of ancient wave of migrant farmers, that is of Greeks from Asia Minor, DNA tests have revealed. Ancient skeletons have revealed that the arrival of population from
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
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
Russia’s stark message to the EU
No negotiations until you withdraw from Ukraine – As US criticism of Zelensky grows. Russia’s stark message to the EU has delivered a blunt message to the European Union: it has excluded itself from peace
Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece
The US Department of Government Efficiency (DOGE), an agency led by Elon Musk tasked with reducing government expenditure. Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece. Announced on X that it has cancelled a
Santorini: The ultimate eruption nightmare?
Earthquakes in the wider Santorini region appear endless, leaving the scientific community deeply concerned about the ongoing cycle of seismic activity. Santorini: The ultimate eruption nightmare? Indeed, scientists are now openly discussing the possibility of
Clashing visions for AI at the Paris Summit
At the Paris AI Summit—often regarded as the Davos of the AI community—global leaders presented starkly contrasting visions for the future of artificial intelligence. There are Clashing visions for AI at the Paris Summit. On
Eurovision: Turkey takes on “Asteromata”
“Asteromata”, the song by Klavdia that will represent Greece in the Eurovision final in Basel, Switzerland, has become a red flag for the Turks. Eurovision: Turkey takes on “Asteromata”. The Public Radio and Television (TRT)
Trump claims U.S. will ‘take over’ Gaza and ‘level’ it
In a stunning announcement during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House, former U.S. President Donald Trump declared that the United States would “take over” and “own” the
