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
The knife attack on Bishop Mar Mari Emmanuel declared a “terrorist act”
A 16-year-old boy is in custody on Tuesday after the attack at Christ the Good Shepherd Church in Wakeley overnight where Bishop Mar Mari Emmanuel was stabbed as the incident was broadcast on the church’s
Dutton attacks Wong’s comments on recognising a Palestinian state
Opposition Leader Peter Dutton has said Penny Wong’s speech suggesting a possible future recognition of a Palestinian state was the “most reckless act” by a foreign minister in two decades. In a speech on Wednesday
Nathan Templeton: Saying goodbye to a journalist of great stature
The Seven Network confirmed yesterday that Nathan Templeton, a correspondent for Sunrise Melbourne, has passed away. The tragic news of Nathan Templeton’s death at the age of 44 has caused deep sadness throughout the journalism
The US is considering Australia’s request to end the prosecution of Assange
US President Joe Biden said yesterday (Wednesday) that he is “considering” Australia’s request to end the prosecution of Julian Assange, the WikiLeaks founder who released thousands of classified US documents. In February, Australian Prime Minister
New search for missing Samantha Murphy: Hopes and discoveries
A new phase in the search for missing mother Samantha Murphy began today in Victoria, with the focus on the Enfield State Park area. Murphy, 51, disappeared from her home in Ballarat East in February
Prime Minister Albanese: Federal support for local industry unveiled
Australian Prime Minister Anthony Albanese will today unveil a major government plan to support local industry through federal support. Mr Albanese will reportedly announce the Future Made In Australia Act in a speech in Queensland.
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
EU prepares sanctions as Turkey presses on with drilling off Cyprus coast
The EU has agreed to bring financial and political sanctions against Turkey after repeat warnings over the past weeks. European Union officials on Mon-day agreed political and financial sanctions against Turkey after Ankara went ahead
Mitsotakis unveils reform-heavy, pro-market policy statements in Parliament address
New Greek Prime Minister Kyriakos Mitsotakis referred to practically every reform promised by him and his conservative New Democracy (ND) party over the past four years – and then some – expressing a pro-market, meritocracy-based
Exquisite ancient statuettes of Apollo, Artemis unveiled for first time in Chania next week
A pair of small statuettes, depicting mythical Apollo and his twin sister, Artemis, will be presented on Today at the archaeological museum in the west Cretan city of Chania (Hania), the product of excavations at
Athens municipality: Most quake-damaged buildings are abandoned structures
The city of Athens, the biggest municipality in the greater Athens agglomeration, so far announced that 15 buildings in its boundaries were significantly damaged from the 5.1 on the Richter scale earthquake that struck the
Tears at the Mati victims memorial service one year after deadly fires
Citizen Protection Minister Michalis Chrysochoidis attended the memorial service held on Sunday in memory of the 102 victims of the deadly fire in Mati a year ago. “I can assure you that such a tragedy
PM Mitsotakis announces generous tax cuts incl. properties ENFIA
Prime Minister Kyriakos Mitsotakis has set as his top priority to implement his pre-election program and proceed with taxation cuts as soon as possible. In his policy statement late on Saturday, he announced several tax
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
