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, United States and Japan sign missile deal aimed at countering China
Today, United States President Joe Biden announced the launch of a new air defence strategy in partnership with Australia and Japan. The announcement was made during a joint press conference with Japan’s Prime Minister Kishida
Australia considers recognising Palestinian state: The need for peace and stability in the Middle East
The political scene in the Middle East is undoubtedly rich with conflict and adversity that has lasted for decades. At the heart of this complexity is the longstanding conflict between Israel and the Palestinians. However,
Anglicare: It costs more to be poor
Unemployment benefits are not enough to cover basic living costs, according to a new report from Anglicare Australia. The national not-for-profit organisation highlighted the impact of inflation – and cost-of-living increases from energy suppliers that
Study finds two-thirds of retirees less financially secure amid cost of living crisis
Most retirees in Australia are happy with their retirement, but a significant proportion are concerned about their financial security, according to research commissioned by investment firm Challenger and conducted by YouGov. The survey of 1,000
Regional hospitals are collapsing
Regional hospitals are warning they face ‘inevitable closures’ or widespread job losses following a Victorian-wide mandate to cut spending ahead of this year’s state budget. Leaked internal documents reveal that chief executives of many of
Samantha Mostyn: The next Governor General of Australia
Prime Minister Anthony Albanese has announced that Samantha Mostyn will be the next Governor General of the country. Ms Mostyn, a prominent businesswoman and gender equality advocate, will succeed David Hurley and become Australia’s 28th
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
North Macedonia term “compulsory from next week” Greek Foreign Ministry says
North Macedonia, which is the new name of the Former Yugoslav Republic of Macedonia (FYROM), “will have to be used by every part” from next week, Greece’s Alternate Foreign Minister George Katrougalos said, speaking with
High rents force Mykonos’ businesses to shut down
The high prices owners demand from businessmen to pay for rent at Mykonos‘ highstreet of Matogianni, has led many businesses to shut down. Residents of the popular Greek island say that some owners ask for outrageously
The detestable trade in MPs, votes
The image of Parliament over the last days is absolutely disheartening and reflective of the political crisis that has beset the country. The representatives of the people, deserted and faceless, as the poet says, bargaining
Tsipra’s visit to Ankara: preparation of a painful compromise?
Recently there have been announcements by the Turkish National Security Council according to which not even a bird can fly in the Aegean and the South East. Mediterranean without Turkey’s approval. To defend Turkey’s interests,
Thessaloniki mayor vows to protect city’s Jewish heritage
Thessaloniki Mayor Yiannis Boutaris said Friday that Jewish monuments will be repaired, no matter how many times they are vandalized. “Even if they vandalize the monuments 100 times we will repair them 110 times,” said
Greece is the third largest investor in the FYROM
Greek companies have invested 473 million euros over two decades in the Former Yugoslav Republic of Macedonia (FYROM), according to data released by Skopje’s National Bank. This makes Greece the third largest investor in FYROM
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 impending surge of Marine Le Pen in France
Examining the momentum behind Le Pen’s National Rally Marine Le Pen and her National Rally movement have emerged as the leading force in the European elections this year and appear poised to also secure victory
Which is the best city in the world to live in?
How do you measure the sustainability of a country? The Economist Intelligence Unit (EIU) has come up with a formula to help companies calculate the level of difficulty in different cities when relocating their staff.
The 10 cities with the world’s highest fines for offending drivers
Today, traffic offences are commonplace in the world’s major cities, but the penalties imposed vary greatly from city to city. Some cities are stricter than others, and offending drivers can expect to pay hefty fines
Democrats are in a quandary after Biden’s debate fiasco
US President Joe Biden’s appearance in the debate with former US President Donald Trump can only be described as disastrous. Democrats are in a quandary after Biden’s debate fiasco where it was obvious that he
Bolivian coup fails amid suspicion of foreign interference
Riot police closely monitored government buildings the day after army chief Zuniga deployed troops and tanks to the center of the capital. Bolivian coup fails amid suspicion of foreign interference in a coup attempt that
26 June – International Day against drug use and illicit trafficking
Message from Antonio Guterres, United Nations Secretary-General “The focus should be on rehabilitation rather than punishment and imprisonment for minor drug offences”. Tens of millions of people suffer from a substance use disorder. Less than
