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
Athens marks liberation from the Nazis with ceremony on the Acropolis
In a ceremony marking the 75th anniversary since Athens was liberated from German occupation on October 12, 1944, the Greek flag was raised on the Acropolis on Saturday. The event was addressed by the government’s
Archives, possible throne room discovered in ancient Palace on Crete
The Greek Ministry of Culture announced on Thursday that a new storage room for valuables in Zominthos Palace, on the plateau of Mount Psiloritis on Crete, was discovered at the sprawling site during this year’s excavation season.
Greek gov’t measures for workers, businesses affected by Thomas Cook collapse
The Greek government announced on Saturday a series of measures for tourist businesses and workers affected by the collapse of British Thomas Cook. The measures were announced after a meeting of representatives from the Finance,
Turkey furious as Greece, Cyprus and Egypt “condemn its unlawful actions”
Turkey fumes over a joint statement issued by Greece, Cyprus and Egypt. In an angry statement, the Turkish Foreign Ministry described as “baseless claims” the trilateral statement that, among others, condemned “Turkey’s unlawful actions in
Greek teen’s art installation spotlights our addiction to plastic
Young people around the world are joining forces and making an effort to combat the climate crisis and biodiversity loss. The international movement Fridays for future climate strikes have inspired students around the globe to
Moody’s: Thomas Cook liquidation is “credit negative” for Greek, Cypriot banks
The collapse of British tour operator Thomas Cook is “credit negative” for Greek and Cypriot banks, because it reduces the cash flow of businesses in the tourism sectors of these countries, ratings agency Moody’s said
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
BRICS bet on Blockchain: An amazing “Politics-Free” payment system, by 2024
The BRICS nations (Brazil, Russia, India, China, and South Africa) have set their sights on a new frontier: BRICS bet on Blockchain: An Amazing “Politics-Free” payment system, by 2024, a blockchain-based payment system designed to
A former analyst at the U.S. CIA says “Ukraine will collapse”
LARRY JOHNSON: A former analyst at the U.S. CIA says “Ukraine will collapse”. I think that’s becoming more certain with each passing day, and the collapse will come sooner rather than later. [And how does
Greek hydrocarbons could power the EU for 50 years, a historic economic boost for Greece
What is the importance of the natural gas fields to the west and southwest of the prefecture of Chania in Crete, Greece? Greek hydrocarbons could power the EU for 50 years, a historic economic boost
By a majority vote, the U.N. passed to give Palestine new power
By a majority vote, the U.N. passed to give Palestine new power thereby endorsing a resolution aiming to grant new “rights and privileges” to a Palestinian state and urged the Security Council to reconsider their
French Government takes a stand against Muslim Brotherhood (At Last)
France’s interior minister, Gérald Darmanin, has declared his intention to “combat the Muslim Brotherhood,” signaling a long-overdue crackdown on the group. According to intelligence reports, the Muslim Brotherhood, advocating for a global caliphate, has seen
China’s Chang’e 6 mission and the vision of “The High Frontier”
There are a lot of questions on the launch of China’s Chang’e 6 mission on May 4th, 2024 to get samples – for the first time – from the far side of the moon. We
