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ΑUSTRALIA

AUSTRALIA

APRA to cap high-risk home loans amid housing boom

Australia’s banking regulator, the Australian Prudential Regulation Authority (APRA), will impose limits on high-risk home loans starting February 1, aiming to curb the rapid buildup of household debt. APRA announced that no more than 20

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Greece elected to UN Security Council

Greece has been elected a non-permanent member of the United Nations Security Council for a third time. The country will hold the seat for the 2025-2026 term. As there were five candidate countries for the

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Leaked US strategy reveals Trumps plan to break up the EU

Leaked US strategy reveals Trump’s plan to break up the EU

A leaked US strategy reveals Trump’s plan to break up the EU, with a draft of a highly classified National Security Strategy (NSS) suggesting that the United States may be pushing for Austria, Italy, Hungary, and Poland to distance themselves from the European Union as part of a bold new

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SIPRI reports record arms sales in 2024

Global arms sales hit record $679 billion amid ongoing conflicts The world’s top 100 arms manufacturers reached record revenues in 2024, totaling $679 billion (€586 billion), marking a 5.9% increase compared to the previous year,

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