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
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
BRICS bet on Blockchain: An amazing “Politics-Free” payment system, by 2024
The BRICS nations (Brazil, Russia, India, China, and South Africa) have set their sights on a new frontier: BRICS bet on Blockchain: An Amazing “Politics-Free” payment system, by 2024, a blockchain-based payment system designed to
A former analyst at the U.S. CIA says “Ukraine will collapse”
LARRY JOHNSON: A former analyst at the U.S. CIA says “Ukraine will collapse”. I think that’s becoming more certain with each passing day, and the collapse will come sooner rather than later. [And how does
Greek hydrocarbons could power the EU for 50 years, a historic economic boost for Greece
What is the importance of the natural gas fields to the west and southwest of the prefecture of Chania in Crete, Greece? Greek hydrocarbons could power the EU for 50 years, a historic economic boost
By a majority vote, the U.N. passed to give Palestine new power
By a majority vote, the U.N. passed to give Palestine new power thereby endorsing a resolution aiming to grant new “rights and privileges” to a Palestinian state and urged the Security Council to reconsider their
French Government takes a stand against Muslim Brotherhood (At Last)
France’s interior minister, Gérald Darmanin, has declared his intention to “combat the Muslim Brotherhood,” signaling a long-overdue crackdown on the group. According to intelligence reports, the Muslim Brotherhood, advocating for a global caliphate, has seen
China’s Chang’e 6 mission and the vision of “The High Frontier”
There are a lot of questions on the launch of China’s Chang’e 6 mission on May 4th, 2024 to get samples – for the first time – from the far side of the moon. We
