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
Real estate is a big business force in the Cyclades
Which Cycladic islands have seen the most property sales in the past five years? While Santorini and Mykonos are commonly thought to lead due to their popularity, the actual data reveals a different story. According
Greece’s wildfires trigger widespread evacuations and warnings
Tourists traveling to Greece have been warned of extreme weather and wildfires as thousands of people were evacuated from areas near Athens. On Sunday, residents were forced to flee their homes as a fast-moving wildfire,
Turkey and Turkish Cypriots “Torpedo” Cyprus Talks
The leader of the Turkish Cypriot entity, Ersin Tatar, is systematically “torpedoing” UN efforts to restart negotiations aimed at resolving the Cyprus issue. Meanwhile, the Turkish government, with President Recep Tayyip Erdogan at the forefront,
Diplomatic sources: Serious doubts about the integrity of elections in Himara
Greek diplomatic sources have called on Tirana to address allegations concerning the integrity of the electoral process in Himara. “Allegations made by members of the Greek ethnic minority in Albania regarding the conditions under which
The resignation of Greece’s foreign Minister Gerapetritis is being demanded in Cyprus
Outraged with his statements of ” generosity” that shows national inferiority have resulted in calls for the resignation of Greece’s foreign Minister Gerapetritis is being demanded in Cyprus! There have been many adverse reactions mainly-
The impending conflict between NATO allies: Greece and Turkey
The relations between Turkey and Greece have never been normal. The legacy of Mongol Turkish conquest of Greece in the fifteenth-century poisons all connections between Turks and Greeks. The Greeks remember their Turkish oppressors like
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
WSJ Report: The captain shut down engines before the crash of the Air India Boeing 787
A recorded conversation between the two pilots of the Air India Boeing 787, which crashed last month in Ahmedabad, India, reveals that it was the more experienced captain, who deliberately shut down the fuel supply
Syria: Al-Sara assigns Druze leaders responsibility for security in Sweida amid escalating violence
In a significant move that highlights the growing instability in Syria, transitional President Ahmed al-Sara announced that the responsibility for ensuring security in the southern region of Sweida, which has been plagued by violent clashes
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
Albanese wraps up China visit amid tensions and trade talks
Prime Minister Anthony Albanese is set to conclude his six-day visit to China today, wrapping up a trip marked by high-stakes discussions on trade, national security, and diplomatic relations. His final stop in China takes
Trump’s cryptic statement from the White House: “We have good news for Gaza”
Donald Trump, the President of the United States, caused a stir with a cryptic statement made from the White House, claiming there was “good news for Gaza.” Although he did not provide further clarification, the
Tensions mount as Trump announces aid to Ukraine, warns against strikes on Moscow
Kyiv remains on edge as former U.S. President Donald Trump’s announcements of sweeping military support to Ukraine are overshadowed by ambiguity and caution. While Trump pledged a multibillion-dollar aid package that includes long-range missile systems
