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
Greek state collects 1.138 bln€ with 26-week T-bills issue; yield at 0.15%
Demand for a new tranche of 26-week T-bills was slightly down on Wednesday, compared to similar issues over the past few months, with an auction of 875 million euros of paper attracting bids of 1.536
Teenager killed in horrific accident at Greek amusement park
A 14-year-old girl was killed on Friday at a horrific accident in an amusement park near the Greek sea-side city of Volos. The accident happened at the town of Almyros when the teenager fell from
Yiannis Tsarouchis
The years after the First World War had a tremendous political, social and cultural impact on Greece. The end of the war coupled with the Asia Minor Tragedy almost brought Greece to its knees financially
Greek shipping fleet’s transport capacity more than doubles since 2008; global first place retained
The transport capacity of the Greek-controlled fleet multiplied over the 2007-2018 period, according to the Union of Greek Shipowners, which noted that the fleet increased from 170 million dwt to more than 389.68 million dwt
Tax breaks
During the years of the crisis Greek citizens shouldered a huge tax burden. Those who did not have the means to hide their incomes – salaried employees and pensioners – bore the bulk of the
Greece resumes migrants deportations to Turkey
Greece says it is restarting deportations of migrants to Turkey in an effort to deal with the increasing number of illegal crossings in recent weeks, the Associated Press reported on Friday. The number of migrants
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 US has unequivocally lost the race for supremacy
This situation is quite confussing. The American Enterprise Institute (AEI), arguably the most hawkish Think Tank in the US, inadvertently undermined themselves with this revelation. If their adjustments for China’s defense spending are accurate, it
USA: Protesters besiege universities
The situation at dozens of universities in the United States, where violent clashes have broken out between pro-Palestinian protesters and opposers for the war in Gaza, remains volatile. Police authorities have arrested more than 1,500
Ukraine: 25,000 Russian troops besiege town of Chashiv Yar
The dangerous situation in Ukraine is worsening as Russia has sent up to 25,000 troops to besiege the town of Chashiv Yar and surrounding villages in eastern Ukraine. Reports from the Ukrainian army describe a
Important discussions on the return of the Parthenon Marbles to Greece: Mayor of London proposes sharing
The Mayor of London, Sadiq Khan, has sparked an important debate by proposing that the Parthenon Marbles be shared between the British Museum and Greece. In an interview, he expressed his desire to see these
Assassination attempt on Volodymyr Zelenski
A plot to assassinate Ukrainian President Volodymyr Zelenski has been foiled with the arrest of a man in Poland. The Polish suspect is accused of passing sensitive information about the Ukrainian president to Russian intelligence
Anger in Serbia with Dora Bakoyannis
A criminal and historic mistake – Greece’s New Democracy sets fire to the Balkans with the Kosovo vote in the Council of Europe! After Russia and the Arab world, Greece is losing the friendship of
