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
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Athens unveils its first electric bus
An electric bus built by Chinese automobile manufacturer BYD, which is silent and boasts of having no environmental footprint whatsoever, was presented for the first time in Athens on Tuesday. The BYD bus is 100%
Increase of households with Greek flag on their balconies
An impressive increase of households with the Greek flag on thier balcony has been recorded after the signing of the Prespes Agreement between Greece and North Macedonia and its adoption by the Parliament. This is
Mr. Tsipras’ twists and turns
Those who have closely followed the evolution of SYRIZA and Alexis Tsipras since they rose to power are aware of their constant Ovidian metamorphoses over many years. SYRIZA started off in 2008 as a basically
How the Aphrodite of Milos statue shaped the Western idea of female beauty
The statue of Aphrodite of Milos, which was discovered on April 8, 1820, changed western culture in the 19th century, creating a certain ambivalence about the idea of female beauty. Aphrodite – the goddess of
Sitia under water after torrential rains strike East Crete
Homes and businesses flooded, agricultural land was covered by water and mud and the city of Sitia in Lasithi Prefecture on the island of Crete turned into a huge lake following huge volume of rainwater
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
Why was Telegram’s Pavel Durov effectively kidnapped at Paris Airport?
Pavel Durov, the founder and CEO of Telegram, was arrested in France today on various charges. Telegram has been a key platform for sharing information about the Israeli actions in Gaza, with thousands of videos
Winners and losers in global commodities this year
The global commodities market has experienced significant volatility this year, with prices generally remaining elevated across various sectors. The first half of the year saw orange juice and cocoa prices reach record highs, while crude
WHO reassures: Mpox is not the new COVID – We know how to control its spread
A World Health Organization (WHO) official emphasized today that Mpox, whether it’s the new or old strain of the disease, is not the new COVID-19, as health authorities have the knowledge to control its spread.
The Middle East on a razor’s edge: Tough bargaining for a ceasefire
International concerns over the escalation of war in the Middle East have peaked as U.S. Secretary of State Antony Blinken arrives in Israel in a last-ditch diplomatic effort to secure a ceasefire in Gaza. This
Monkeypox: WHO Recommends Vaccination in Affected Areas
The World Health Organization (WHO) recommended on Monday that countries affected by the mpox virus (commonly known as monkeypox) initiate vaccination programs, particularly in regions where cases have been reported. The mpox outbreak in the
Sicily shipwreck: Tech tycoon Mike Lynch among the missing
At least one person has died and six others are missing after a luxury yacht was struck by a severe storm and sank off the coast of Palermo, Sicily’s capital. Among the missing is British
