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
One in 20 mortgage holders spend more than they earn, says new RBA report
A new Reserve Bank report reveals a worrying trend in Australia, with one in 20 mortgage holders spending more money than they earn. What’s more, tens of thousands of households are at risk of running
Easter trading hours 2024: What major stores will be opened on Good Friday and Easter Saturday, Sunday and Monday?
Easter is upon us again and that means a whole heap of confusion with stores across the country either open, shut or operating at different hours. To make things easier for you around the busy
Measles outbreak in Melbourne’s south-east: Residents advised to be on alert
A case of measles in Melbourne’s south-east has prompted local health authorities to alert residents. The patient, a returning traveler to the area, had visited 18 locations in the area between 14 and 19 March
Hundreds of cannabis plants seized in Melbourne’s north
A major cannabis plant seizure has taken place in Melbourne’s northern suburbs as police raided a factory that was operating a sophisticated cannabis cultivation facility. Specifically, police discovered and seized more than 500 cannabis plants
Australia’s unemployment rate falls sharply as economy adds 116,000 jobs
Australia’s unemployment rate has fallen sharply as the economy created 116,000 new jobs in February, according to the Australian Bureau of Statistics (ABS). This led to a sharp fall in the unemployment rate from 4.1%
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
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
The Blossoming of a Greater Eurasian Partnership
A pan-Asia high-speed train has left the station – and India – behind. The Regional Comprehensive Economic Partnership (RCEP), which would have been the largest free trade deal in the world, was not signed in
A Greek Robotics Team wins Bronze Medal at 2019 FIRST GLOBAL Challenge in Dubai
The Greek National Robotics Team “FIRST GLOBAL Challenge Team Greece» represented Greece in 2019 FIRST GLOBAL Challenge, held in Dubai, United Arab Emirates, on October 24-27, 2019. This is only the second year that Greece
The Strategic Implications of the Greek Oxi
The first aggression in 20th-century history perpetrated by a fascist state was carried out against Greece, 12 years before the Italian conquest of Ethiopia, and 16 years before the German invasion of Poland. In August
China quietly doubles troop levels in Hong Kong, envoys say
Last month, Beijing moved thousands of troops across the border into this restive city. They came in on trucks and armored cars, by bus and by ship. The state news agency Xinhua described the operation as
Church of Greece and its Arguments Concerning Ukraine’s Autocephaly Issue
The Holy Synod of the Church of Greece, held on August 16-28, reviewed the recommendations of the Synodal committees for the dogmatic and canonical issues, as well as Orthodox and inter-Christian relations and recognized the
Hong Kong’s major events at protests
Hong Kong’s anti-government protesters have sustained their momentum for more than three months, facing off against police through summer heat and clouds of tear gas. Officers have met demonstrators head on with a variety of
