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
Anger over medicinal shortages
Complaints are mounting from Australian citizens against the government for relying on international supply of medicines instead of local production as the nation faces a “severe” shortage of pharmaceuticals. It was revealed earlier this week
How to spend $150m Powerball winnings
Australia’s Powerball has jackpotted to $150 million. A personal finance expert shares the smart thing to do if you win. Australia’s Powerball jackpot has soared to a staggering $150 million but even that much cash
At the heart of the budget is the sad truth the economy is weak. That’s one reason inflation will fall
A central focus of this week’s budget is the treasury’s forecast for inflation. By this time next year, inflation is projected to be back within the Reserve Bank’s 2-3% target range. Inflation has dropped dramatically
Markos Seferlis is gearing up to unleash waves of laughter in Australia!
Ta Nea newspaper and 3XY Rdio Hellas will soon reveal further information regarding Markos Seferlis’s upcoming comedy performances in Melbourne, Sydney, and Adelaide. Renowned Greek comedian Markos Seferlis is scheduled to grace Australian shores this
AMA welcomes sickly sweet sugar tax calls
Australia should introduce a tax on sugary drinks to help combat obesity and diabetes according to the Australian Medical Association, in a call backed by a new report from the Grattan Institute. AMA President Professor
What just happened to Bonza? Why new budget airlines always struggle in Australia
The history of budget jet airlines in Australia is a long road littered with broken dreams. New entrants have consistently struggled to get a foothold. Low-cost carrier Bonza has just become the industry’s latest casualty,
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
Lanterns to commemorate 100 years from the Pontic Greeks Genocide
Pontic Greeks in Thessaloniki let 100 lanterns high into the night sky in order to commemorate the Genocide of Pontic Greeks first by the Young Turks and then by Kemalist forces. May 19th commemorates the
Greece refutes Turkish claims on status of Aegean Islands
The Greek foreign ministry late on Sunday strongly refuted a claim by its Turkish counterpart that Greece does not respect the demilitarized status of the islands in the eastern Aegean Sea. Earlier Sunday, Turkish Foreign
Historic decision made to rebuild Part of the Parthenon
The Greek Central Archaeological Council (KAS) decided on Wednesday that a part of the Parthenon, now in ruins on the Athens Acropolis, is to be rebuilt using mostly materials which are now lying on the
Venezuela – another failed coup attempt – What’s next?
In the early morning hours of 30 April, 2019, the self-declare “Interim President”, Juan Guaidó, launched what at first sight appeared to be a military coup – Guaidó calls it “Operation Freedom” (sounds very much
The largest natural deposit in the world in Crete
NATURAL GAS worth € 600.000.000.000 An Amazing scientific proven discovery that could mean enormous economic benefits to Greece, a solution to the pension insurance and securing tens/hundreds of thousands of jobs for at least 50
Turkey drills for gas in Cyprus’ waters, prompting EU outcry
The EU and US have urged Turkey to stop drilling for gas in Cyprus’ maritime zone – but Ankara has told its allies it would do so anyway. Brussels and Washington spoke out over the
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 U.S. Should Recognize the Greek Genocide
I am a descendant of survivors of the Greek genocide. My great-grandmother and her parents, like their parents and grandparents before them, were Ottoman Greeks born in what is known today as the Republic of
The Istanbul Pogrom of 6–7 September 1955 in the Light of International Law
The Istanbul pogrom (sometimes referred to as Septemvriana) was a government-instigated series of riots against the Greek minority of Istanbul in September 1955. It can be characterized as a ‘‘crime against humanity,’’ comparable in scope
Armenians are facing genocide by Starvation
The thousand-year-old genocide of Armenians at the hands of Turkic peoples has reached a new level. Watchdog organizations — including the International Association of Genocide Scholars, Genocide Watch, and the Lemkin Institute for Genocide Prevention
Turkey threatens to kill UN troops in Cyprus, lays claim to entire Mediterranean
Mesut Hakkı Caşın, the Turkish president’s advisor on security and foreign policy, indirectly hinted at the possibility of harm to UN troops in Cyprus should they infringe upon what he termed the sovereignty of breakaway
Post 9/11 wars have contributed to some 4.5 million deaths
The full death toll of violence in the post-9/11 U.S.-led invasions of Afghanistan and Iraq, let alone of the broader global war on terrorism, remains difficult to determine. But it has long been surpassed by
Ask Your Heart, a film about a Muslim girl who falls in love with a crypto-Christian in Turkey
The Turkish film Yuregine Sor (Ask Your Heart) is a true story about a woman of Muslim faith (Esma) who falls in love with a crypto-Christian (Mustafa). Prior to 1856, Christians in the Ottoman Empire
