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
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
Australian PM is the first Western leader referred to ICC as ‘Accessory to Genocide in Gaza’
More than 100 lawyers endorsed the referral, which points to the military, intelligence, and rhetorical support Prime Minister Anthony Albanese has provided to the Israeli government. Australian Prime Minister Anthony Albanese, along with several Western
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
Rafael Pagonis: A rising star in the future of tennis
Rafael Pagkonis is making waves in tennis, promising a bright future. Rafael Pagkonis has caught the attention of the Greek community by reaching the final of Wimbledon U14 on Sunday. Although he was defeated, his
Diplomatic sources: “The Libyan note verbale has no legal effect”
Greece has rejected the note verbale issued by the Libyan Permanent Mission to the UN on May 27, 2025, which concerns Greece’s initiatives to exercise sovereign rights in the Eastern Mediterranean. According to diplomatic sources,
Libya’s new maritime claims spark diplomatic tensions with Greece and Egypt
Libya has recently made a significant move in its maritime territorial claims by submitting a formal note to the United Nations on May 27, 2025, outlining the external limits of its continental shelf in the
Mitsotakis to meet EU Energy Commissioner Jørgensen amid regional development tour
Prime Minister Kyriakos Mitsotakis is set to meet with European Commissioner for Energy and Housing, Dan Jørgensen, today, at 13:00 at the Maximou Mansion. This meeting comes at a time when Greece is navigating complex
Greece navigates diplomatic minefield in Libya: Gerapetritis’ second visit tests Athens’ strategy
Greek Foreign Minister Giorgos Gerapetritis’ second visit to Tripoli highlighted both the persistence of geopolitical challenges in Libya and Athens’ continued efforts to open up meaningful diplomatic dialogue. While Libyan officials, including Foreign Minister Taher
Plevris confirms permanent closed migrant facility in Crete, enforces tough measures
Migration crisis and government response Greek Migration Minister Thanos Plevris has confirmed plans for at least one permanent closed identification facility for migrants and asylum seekers on Crete. This decision is a reaction to rising
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
Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece
The US Department of Government Efficiency (DOGE), an agency led by Elon Musk tasked with reducing government expenditure. Musk’s DOGE cancels $25K LGBTQ, refugee funds in Greece. Announced on X that it has cancelled a
Santorini: The ultimate eruption nightmare?
Earthquakes in the wider Santorini region appear endless, leaving the scientific community deeply concerned about the ongoing cycle of seismic activity. Santorini: The ultimate eruption nightmare? Indeed, scientists are now openly discussing the possibility of
Clashing visions for AI at the Paris Summit
At the Paris AI Summit—often regarded as the Davos of the AI community—global leaders presented starkly contrasting visions for the future of artificial intelligence. There are Clashing visions for AI at the Paris Summit. On
Eurovision: Turkey takes on “Asteromata”
“Asteromata”, the song by Klavdia that will represent Greece in the Eurovision final in Basel, Switzerland, has become a red flag for the Turks. Eurovision: Turkey takes on “Asteromata”. The Public Radio and Television (TRT)
Trump claims U.S. will ‘take over’ Gaza and ‘level’ it
In a stunning announcement during a joint press conference with Israeli Prime Minister Benjamin Netanyahu at the White House, former U.S. President Donald Trump declared that the United States would “take over” and “own” the
Bloomberg warns the World: Turkey’s naval ambitions surge with two new frigates
The commissioning of two new Turkish frigates this month marks a significant step in Ankara’s naval expansion, strengthening its influence in the Mediterranean, Aegean, and Black Seas, and extending its reach beyond these regions. This
