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
Australia’s universities ranked 4th as a study destination
The high cost of living and tuition fees in Australia led the country to lose the top spot in the university rankings it shared with Canada, while uncertainty over government immigration policy contributed to that
Housing prices at record new highs
House prices across the country have reached new highs, exacerbating the cost-of-living crisis for ordinary Australians. According to PropTrack’s monthly house price index released on Tuesday, national house prices rose by 0.23% in April to
Australia’s thrilling dawn services and marches honour the Anzacs
Australians came together in a moving show of remembrance, defying the chill of the early morning to join dawn services nationwide, honoring the brave souls who served both at home and abroad. Australia’s thrilling dawn
Australia’s defence strategy focuses on the Pacific
Australia has unveiled its national defence strategy, with a particular focus on the Pacific to counter China’s “coercive tactics”. The 80-page document paints a bleak picture of security in the Pacific and calls for a
Assessing the electoral landscape: Labor’s potential triumph in the current political climate
As the political arena heats up in anticipation of the upcoming elections, all eyes are on the shifting dynamics between the Labor Party and the Coalition. Recent polling data suggests that if an election were
Albanese hints at easing HECS/HELP burden as debt grows
Student debt is a major issue in the lives of many Australian students. With growing concern about how this debt is calculated and managed, the Parliamentary Library is attempting to forecast the impact of potential
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
Swordfish killed by swimmers on a beach in Chalkida, Greece
A swordfish which swam its way to the shallow waters of a beach in Chalkida on the island of Evia, was killed by beachgoers. The swordfish went to the shallow water to give birth and
Autonomy
The government intends to allow universities and not the education ministry to set the number of students they will admit each year. That addresses a basic need, the need (for many and varied reasons) for
Alarm bell
To avoid the errors of the past the current government must move swiftly to address the deficiencies left behind by previous ones. The extent of the natural disasters by which Greece was struck over the
Theofilus
About 150 years ago, the influential folk artist Theophilus (Theophilus Kefalas – Hatzimichail) was born in the village of Vareia, on the south-eastern tip of the island of Lesvos, overlooking the shores of Asia Minor.
Greek elections: Landslide victory for centre-right New Democracy party
Incumbent prime minister Alexis Tsipras, of Syriza, calls rival Kyriakos Mitsotakis to concede defeat Voters in Greece have given Kyria-kos Mitsotakis’ centre-right New Democracy party a resounding mandate to form a new government after it
Ballot Box stolen from polling center in Exarchia and set on fire
At least one ballot box was stolen from a polling station in the anarchists’ district of Exarchia in Athens and were allegedly set on fire. The unprecedented incidents took place on early Sunday evening short
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
Yahya Sinwar: New leader of Hamas – Hardliner and fluent in Hebrew
Hamas announced on Tuesday night that Yahya Sinwar is the new leader of the Islamist movement, following the assassination of Ismail Haniyeh in Tehran on July 31. Earlier today, the Saudi news television network Al
Tim Walz: Veteran military man chosen by Kamala Harris as Vice Presidential candidate
Kamala Harris, the Democratic presidential nominee, has selected Tim Walz as her vice-presidential running mate, a decision that surprised some observers. At 60, Walz has held various roles as a former teacher, coach, and military
“Drums of war” in the Middle East: Awaiting Iran’s retaliation – Israel on high alert
The Middle East appears ready to explode as the war atmosphere intensifies just hours after the U.S. declared that Tehran might attack Israel within the next 24 hours. All eyes are on Iran and the
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
