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
Turkish Defence Minister aggravates climate with Greece
In his address to a committee of the Turkish National Assembly, Turkish Defence Minister aggravates climate with Greece (and former Chief of the Armed Forces), General Yasar Güler, stirred tensions in bilateral relations. His extensive
Domestic violence cases in 2024 reach alarming levels: Over 15,000 women victimized
Shocking data on domestic violence incidents in Greece during the first ten months of 2024 reveals a troubling surge, with over 15,000 women identified as victims. This figure represents a near doubling compared to the
Tempi: They survived the crash but burned while calling for help
Capturing information from these audio recordings is challenging due to the distressing screams of the dying. We had to separate the factual data from the emotion. When a collision occurs, the phone automatically dials 112
The Hellenic Intelligence Service unveils Cyprus coup and Turkish invasion archives
The Hellenic Intelligence Service unveils Cyprus coup and Turkish invasion archives
Samaras and Karamanlis apply the brakes on Gerapetritis
Turkish Foreign Minister Fidan came for a package solution, and his Greek counterpart reiterated Athens’ “firm positions” on the continental shelf and EEZ. Foreign Minister Hakan Fidan attempted to impose the logic of a “holistic
Greece’s Aegean territorial sea extension is a game changer
Claims by some of Greece’s political elite that the Aegean Sea is not a “Greek lake” because it would impede international navigation are completely unfounded uneducated and treacherous. Greece’s Aegean territorial sea extension is a
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
Albanese to raise “full range of issues” in high-stakes China trip
Australian Prime Minister Anthony Albanese is embarking on a politically delicate six-day mission to China, vowing to raise the “full range of issues” troubling the bilateral relationship. From the unjust jailing of Australian academic Dr.
Air India: Panic in the cockpit as fuel cutoff switches were activated just before the crash – preliminary report
A preliminary report on the devastating Air India crash, which tragically claimed the lives of 260 people, has revealed shocking new details. The plane, which crashed shortly after takeoff in India, was believed to have
Turkey and Libya sign new military agreement to deepen strategic alliance
Turkey and Libya signed a new military cooperation agreement on Thursday, July 10, in Ankara, aiming to enhance the Libyan army’s operational capabilities through advanced training, logistical support, and technical expertise. The deal was signed
Israel urges US to resume strikes on Houthis after attacks on Greek-operated ships
Tensions in the Red Sea are rising rapidly as Israel formally requested the United States resume military strikes on Iranian-backed Houthi rebels in Yemen, following a deadly escalation that saw two Greek-operated ships sunk. The
Internal chaos in Trump White House threatens future of AUKUS submarine deal
The AUKUS submarine deal is under renewed scrutiny amid reports of internal dysfunction within the Trump administration, described by insiders as “Game of Thrones politics.” While U.S. Secretary of State Marc Rubio has sought to
How Putin rebuilt Russia into a global power
Many wonder how the Russian economy manages to stay afloat under numerous sanctions, maintain low debt levels, and even outperform the West in certain production sectors. Following the collapse of the Soviet Union, Moscow—a once-great
