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
36 wildfires erupt across Greece in 24 Hours — firefighters battle ongoing fronts
Greece has recorded a total of 36 rural and forest fires over the past 24 hours, according to the Hellenic Fire Service. Of these, 31 fires were swiftly brought under control in their initial stages
Greece braces for a long heatwave
As the summer progresses, Greece is preparing for one of the most intense heatwaves of the year, expected to sweep across the country next week. Meteorologists predict that temperatures will exceed 40°C, with certain areas
Greece prepares UN response to Libya: “We will exercise our sovereign rights”
Greece is preparing an official response to Libya’s recent diplomatic notes to the United Nations regarding maritime zones (EEZ), aiming to dismantle what Athens calls “baseless claims” from Tripoli. According to diplomatic sources, the Greek
The murder of the Polish professor in Nafplio: A ‘perfect crime’ unraveled by a single Photo
Nafplio, Greece – What was initially believed to be a “perfect crime” unraveled rapidly as a single photograph exposed a web of lies, a fake alibi, and a chillingly orchestrated plot that led to the
Kyranakis: “We will do what the Greek railway needs now – not tomorrow”
In a powerful address to Parliament, Deputy Minister of Infrastructure and Transport Konstantinos Kyranakis pledged sweeping reforms and urgent action to modernize Greece’s railway system, aiming to ensure that the tragedy of Tempi is never
Libya’s UN submission is a proxy attack on Greece’s maritime sovereignty
Point 1 as a Strategic Choice According to the submitted list of coordinates, the northern boundary of the Libyan continental shelf begins (east to west) with points B and A, which form the eastern and
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
Stocks savaged, Italy on lockdown, Trump seeks to reassure as coronavirus spreads
ROME (All of Italy under lockdown, reeling financial markets and rioting prisoners made clear on Monday how the global coronavirus epidemic was extending its reach into all aspects of social and economic life. Police officers
Are Turkish Cypriots Done with Ankara?
For the Turks, Turkey is the homeland and Cyprus is the “baby homeland.” In January 2018, several thousand Turkish Cypriots marched against what they said was Turkey’s unwanted influence that has emboldened hard-right groups to
Coronavirus Panic Goes Global: S.Korea Warns of “Watershed Moment”
78,000 cases confirmed, as Italy and Iran scramble to contain major outbreaks. The world is fast approaching a tipping point in the spread of the coronavirus, according to experts, who warn that the disease is
UN to post EEZ maps of Libya, Turkey deal
Athens is bracing for the United Nations’ Division for Ocean Affairs and the Law of the Sea to post the geographical coordinates outlined in the maritime border agreement signed by Turkey and the Tripoli-based government
Partners with Cyprus in joint Anti-Aircraft defense exercise
France partnered with the Republic of Cyprus in testing its anti-aircraft defense capabilities in a joint military exercise which was conducted across the free territories of the Republic on Monday. Numerous French ”Rafale” fighter jets
Greece – the clearance sale of military bases to the United States
The United States have profited cleverly from Greece’s financial problems in order to force them to sign a contract which would enable the USA to block the ocean passage from the Black Sea to Russia.
