RBA holds firm: No cuts until job market softens further
Reserve Bank of Australia Governor Michele Bullock has reinforced the bank’s cautious stance on interest rate cuts, stating that further evidence of a weakening labour market is needed before any monetary easing. Speaking at the
Economic crisis in Australia: Millions of Australians have less than $1000 in savings
A recent Finder survey has highlighted a worrying problem in Australian society: almost half of Australians have less than $1000 in savings. This equates to 9.4 million people, with the average amount available to save
Rescue in Melbourne: students rescued from burning boat
Dozens of students were rescued from a burning boat in Melbourne’s Port Phillip Bay this morning. The serious situation forced the boat’s crew to call for help and spring into action to save the occupants.
Record number of migrants in January
The influx of migrants to Australia hit a record number in January, despite the Albanese government’s plan to slow the wave of new arrivals, leading to what legendary businessman Dick Smith called a “disaster for
RBA keeps cash rate at 4.35%
The cash rate will remain at 4.35% following the Reserve Bank of Australia’s (RBA) March monetary policy meeting. The decision was largely expected, as the latest Australian Bureau of Statistics data showed annual trimmed mean
$216 Billion: The cost of Victoria’s Suburban Rail Loop
The cost of building and operating the Allan Government’s new underground rail loop through Melbourne’s city centre, which will take five decades to build, has soared to $216 billion, according to an independent study. Estimates
Using Super for home deposits would inflate property prices by $75,000, study claims
A recent study suggests that a Coalition proposal allowing first-time homeowners to use their super for a house deposit could lead to a significant surge in prices, potentially raising property values by nearly $75,000 across
“Kapodistrias” a cinematic tribute to Greece’s first martyr statesman
Set to Hit Cinemas on December 25 At the beginning of July, filming was completed for Kapodistrias, the new film by acclaimed Greek director Yannis Smaragdis. “Kapodistrias” a cinematic tribute to Greece’s first martyr statesman, based on the life of the distinguished Greek politician and diplomat Ioannis Kapodistrias, the screenplay
Mitsotakis pushes for EU action on Libya migration route and defence funding
Greek Prime Minister Kyriakos Mitsotakis, speaking after the conclusion of the EU Summit, called for urgent action to address a new irregular migration route emerging from Eastern Libya to Crete. “We will use every means
Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi
Wildfire disaster in Chios: Tens of thousands of acres burned as blaze continues to rage
Chios is currently experiencing one of the most severe environmental disasters in recent Greek history. For the third consecutive day, an uncontrollable wildfire has scorched vast swathes of the island, with more than 30,000 hectares
Tensions flare with Libya over offshore licensing south of Crete
An unexpected complication has emerged ahead of Greek Foreign Minister George Gerapetritis’ planned visit to Libya, where he was due to hold meetings in both Tripoli and Benghazi. Tensions flare with Libya over offshore licensing
Petro-Loukas Chalkias: The great clarinet virtuoso dies at the age of 90
Petro-Loukas Chalkias was the patriarch of the Epirus clarinet, an authentic representative of the musical soul of Epirus, who honoured his homeland and Greece as a whole with his career and artistry. Through his unique
Greek debt is a ticking time bomb as the Government’s fake stability unravels
Beneath the public relations gloss, the Financial Times has issued a stark warning to investors and potential buyers of Greek debt: Greek debt is a ticking time bomb as the Government’s fake stability unravels and
“Kapodistrias” a cinematic tribute to Greece’s first martyr statesman
Set to Hit Cinemas on December 25 At the beginning of July, filming was completed for Kapodistrias, the new film by acclaimed Greek director Yannis Smaragdis. “Kapodistrias” a cinematic tribute to Greece’s first martyr statesman, based on the life of the distinguished Greek politician and diplomat Ioannis Kapodistrias, the screenplay
Council of Europe condemns Sharia councils in UK for contradicting Human Rights
Sharia Law is a legal system which regulates the lives of devout Muslims and is based on religious precepts and the text of the Quran. The exact number of Sharia councils operating in England and
Venezuela – The U.S. game plan for ‘Regime Change’ and how to respond to it
Yesterday the U.S. recognized a right-wing ‘leader of the opposition’ in Venezuela Juan Guaido as the president of the country. A number of right-wing led countries in South America joined in that move. Cuba, Bolivia
Hungary refuses to dance to US tune and step up pressure on Russia
Hungarian Prime Minister Viktor Orban has boasted that he has good relations with Vladimir Putin and opposes EU sanctions against Russia; he has also challenged the EU’s immigration policy and slammed George Soros for his
“Surveillance Capitalism”: Google sister company to package and sell location data from millions of cellphones
A subsidiary of Google’s parent company Alphabet, Sidewalk Labs, is using real-time mobile location data from millions of cellphone users collected over long periods of time in order to help urban planners make critical decision
Skopje responds to Bulgarian Deputy PM’s threat over Zaev’s “Macedonian language”
The VMRO leader accused the representatives of the former Yugoslav republic of wanting to “validate a false version of history” The Foreign Ministry in Skopje has responded to Bulgarian Deputy Prime Minister and VMRO party
FYROM’s name change deal may be an achievement for the E.U., but undemocratic
After the disintegration of Yugoslavia in 1991, Greece’s northern neighbor stole the Greek name “Macedonia”—but Athens refused to recognize it, saying it gave legitimacy to territorial, historical, and ethnic claims over the millenial old northern
