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
Younger Aussies making sacrifices after spending a quarter of income on food
Younger Australians and lower income households are spending up to 25 per cent of their income on food, according to research by the Australian Consumer and Complaints Commission (ACCC). Australians are spending more time shopping
Australia’s Digital ID Bill was swiftly passed through the Senate, sparking an outcry over the lack of debate
The government-backed digital identity scheme, known as the ‘Digital ID Bill 2023’, was rushed through the Senate without thorough discussion, prompting criticism over its hurried implementation. This legislation lays the groundwork for a comprehensive digital
Airports brace for busiest day of the year as Easter travel kicks off
Hundreds of thousands of people are expected to jam airport queues and crowd roads today ahead of the long Easter weekend. More than 200,000 people are expected to pass through Sydney and Melbourne airports in
Sally Capp to step down as Lord Mayor of Melbourne
Sally Capp has announced she will step down as Lord Mayor of Melbourne after six years in the role. Capp, who was elected in 2018, announced this morning “with mixed emotions” that she would not
Melbourne and Sydney record surge in population
Both Melbourne and Sydney have seen a surge in population growth, according to new data from the Australian Bureau of Statistics (ABS). The biggest increase was seen in Melbourne, which jumped by 167,500 people in
Inflation holds steady at 3.4 per cent
Inflation has held stable at 3.4 per cent for the third month in a row, according to figures from the Australian Bureau of Statistics. Inflation in the 12 months to February was driven by increases
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
EU Commissioner Johannes Hahn: Call on North Macedonia to respect the Prespa Agreement
In an appeal to the new government of North Macedonia and relevant stakeholders, European Union Commissioner Johannes Hahn stressed the importance of respecting the Prespa Agreement. Speaking to journalists in Brussels, he expressed concern about
Hamas accepts UN Security Council decision for ceasefire
Hamas has accepted the UN Security Council’s decision for a ceasefire in the Gaza war, Sami Abu Zuhri, a member of the Islamic organisation, told Reuters. Hamas is ready to negotiate the details of the
The European Parliament elections indicate a patriotic surge for right-wing parties
The European Parliament election outcomes reveal a significant surge in the favorability of right-wing parties: 🇫🇷 Marine Le Pen’s National Rally garnered 32-33% of the votes in France, leaving Macron’s Renaissance party trailing far behind
Mitzkoski: “I will call my country Macedonia”
VMRO-DPMNE leader and future Prime Minister of North Macedonia, Christian Mitzkoski, has said that while the constitutional name of the country (North Macedonia) will be used in official communications by state institutions, he will continue
NATO ally Turkey signals interest in BRICS membership
Ankara’s strategic maneuvering takes a significant turn as Turkish Foreign Minister Hakan Fidan declares the nation’s intent to engage with the BRICS group of nations. This bold move, slated for discussion at an imminent meeting
Unexpected Turkish support for the Parthenon Marbles from UNESCO
At the 24th session of UNESCO’s Intergovernmental Committee for the Return of Cultural Objects to their Countries of Origin (ICPRCP), Turkey’s representative caused a surprise by undermining one of Britain’s main arguments for possession of
