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
Peter Dutton’s proposed nuclear power plant sites
Peter Dutton has announced he will go to the next election promising to build seven nuclear power stations. Mr Dutton has promised the first sites can be operational between 2035 and 2037, several years earlier
Victoria’s middle class the “new face” of poverty
A growing number of working families are being added to the queues of economically impoverished Australians relying on food donations during the cost-of-living crisis. Foodbank Australia, whose latest needs assessment shows 3.7 million households struggled
Fighting fires from space in record time: how AI could prevent a repeat of Australia’s devastating wildfires
Australian scientists are getting closer to detecting bushfires in record time, thanks to cube satellites with onboard AI now able to detect fires from space 500 times faster than traditional on-ground processing of imagery. Remote
Treasurer calms recession fears but admits Aussies face ‘Uncertain times’
Treasurer Jim Chalmers has reassured Australians that the country is not heading for a recession, even as the economy shows its weakest growth in nearly three years. In an interview with Today, Chalmers addressed data
Fourth Victorian poultry farm detects bird flu
Victoria’s bird flu outbreak has now spread to a fourth poultry farm, a development anticipated by authorities amid ongoing investigations. Agriculture Victoria confirmed today that a farm near Meredith, west of Melbourne, tested positive for
Australia’s most trusted brands – 2024
Reader’s Digest has announced the results of the 25th Annual Most Trusted Brands survey. And the results speak volumes about the formula trusted brands use in a volatile market – retaining trust during difficult financial
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
Colossal Amphipolis monument to open possibly by 2021
Greece’s Minister of Culture and Sports Lina Mendoni visited on Friday the monument of Casta in ancient Amphipolis, near the city of Serres in Central Macedonia, Greece. After her visit, Mendoni described it as “a
Greece and Cyprus record EU’s largest quarterly employment increase
According to the latest data collected by Eurostat, the nations of Cyprus and Greece recorded the largest increase in employment in the entirety of the EU during the second quarter of 2019. More specifically, Cyprus recorded
PM Mitsotakis reveals his policy program with tax reliefs
Greek Prime Minister, Kyriakos Mitsotakis, presented his multi-faceted agenda of measures regarding tax reliefs, labor regulations, less bureaucracy through digitization and investment. During his speech at Thessaloniki International Fair, the Prime Minister stressed that his
Study finds that Greeks drink much less alcohol than most other Europeans
According to a recent study conducted by the World Health Organization (WHO), the Greeks drink less alcohol than the average European. More specifically, the WHO study includes findings from thirty different European countries (the 28
Family of American who died in Greece “saves” 8 people by donating his organs
The family of a 30-year old American citizen who died in Greece recently, decided to donate his organs, saving the lives of eight different people. The unfortunate man was spending his summer holidays on Greece’s
Migrants arriving from Turkey, sleep on the streets on Greece’s Symi
The problem of the increasing migrant flows from Turkey to European shores was recently highlighted by the local authorities of the island of Symi. Symi is a small, picturesque island in the Dodecanese archipelago, that
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
Ukrainian drone strikes could devastate Europe’s energy security
Russia has claimed that Ukrainian drones launched an attack on a key pumping station for the TurkStream pipeline, which supplies natural gas to Turkey and several European countries. Moscow’s Defence Ministry confirmed that Russian air
Zuckerberg’s censorship shift is far from free speech
Facebook is attempting to reposition itself to remain relevant, but will it move beyond mere lip service to those advocating for true free speech? Zuckerberg’s censorship shift is far from free speech. Why are some
EU cancels Turkey’s “Turkaegean” Trademark
Greece has secured a major legal victory as the EU cancels Turkey’s “Turkaegean” Trademark. The European Union Intellectual Property Office (EUIPO) cancelled Turkey’s controversial “Turkaegean” trademark, citing cultural and economic concerns. The decision announced on
Los Angeles wildfires: Over 2,000 homes Destroyed as 7,500 firefighters battle infernos
The sprawling city of Los Angeles is in crisis as wildfires engulf vast areas, consuming homes, vehicles, and forcing tens of thousands to evacuate. The fires have devastated 117,727 acres, destroyed over 2,000 homes, and
Meta’s decision to halt Fact-Checking raises concerns in Australia
Australia has expressed significant concern over Meta’s recent decision to discontinue its fact-checking programs on Facebook and Instagram in the United States. Treasurer Jim Chalmers highlighted the potential dangers of misinformation and the broader implications
Los Angeles under siege: Devastating wildfire forces mass evacuations
Los Angeles is engulfed by a relentless wildfire, causing widespread destruction and panic. The blaze, which erupted on Tuesday (07/01), spread rapidly across the hills surrounding the “City of Angels.” Fierce winds exacerbated the situation,
