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
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
Increase of households with Greek flag on their balconies
An impressive increase of households with the Greek flag on thier balcony has been recorded after the signing of the Prespes Agreement between Greece and North Macedonia and its adoption by the Parliament. This is
Mr. Tsipras’ twists and turns
Those who have closely followed the evolution of SYRIZA and Alexis Tsipras since they rose to power are aware of their constant Ovidian metamorphoses over many years. SYRIZA started off in 2008 as a basically
How the Aphrodite of Milos statue shaped the Western idea of female beauty
The statue of Aphrodite of Milos, which was discovered on April 8, 1820, changed western culture in the 19th century, creating a certain ambivalence about the idea of female beauty. Aphrodite – the goddess of
Sitia under water after torrential rains strike East Crete
Homes and businesses flooded, agricultural land was covered by water and mud and the city of Sitia in Lasithi Prefecture on the island of Crete turned into a huge lake following huge volume of rainwater
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
Six Secret Service agents punished over Trump assassination attempt failures
Six U.S. Secret Service agents have been disciplined over serious security failures during the July 13, 2024, assassination attempt on Donald Trump at a campaign rally in Butler, Pennsylvania. The agents, whose identities were not
Orthodox mission in Fiji, faith beneath the southern cross
Before the sun lifts its golden veil over Vanua Levu, as the matangi—a soft morning breeze—stirs the banana trees and cassava leaves, a single flame flickers before an icon of Christ. In the stillness of
Australia may face higher AUKUS costs and pressure to join US-China conflict
Australia’s nuclear submarine deal under AUKUS could become more costly and politically fraught, as the US Department of Defence reviews the trilateral agreement under President Donald Trump’s “America First” agenda. A report from The Age
Son of Haftar visits Greek community in Libya – ‘We are not targeting Greece’
In a symbolic gesture amid rising diplomatic tensions, Al Sadiq Haftar, son of eastern Libyan commander Khalifa Haftar, paid a surprise visit to the president of the Greek community in Benghazi, Kanakis Mandalios. The visit
Trump’s tariff threat sparks alarm in Canberra over pharmaceutical exports
The Albanese government is scrambling to respond to a fresh trade threat from US President Donald Trump, who has floated a staggering 200 per cent tariff on pharmaceutical imports and a 50 per cent tariff
Yemen: Another Greek-owned ship attacked by Houthis – two injured, two missing
Another Greek-owned vessel sailing off the coast of Yemen has come under attack by Houthi militants, just a day after their assault on a Liberia-flagged cargo ship also managed by a Greek company. According to
