
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

This outrageously expensive subs deal simply caters to the US. Again
In one week the government’s justification for needing outrageously expensive nuclear submarines has shifted from defending the continent to the old 1960s forward defence policy in Asia which lured us into Vietnam – with all

Regular cannabis use now more accepted by Australians than smoking tobacco, study finds
Source: The Guardian Regular cannabis use has become more accepted than smoking tobacco, the latest National Drug Strategy Household Survey (NDSHS) has found. The 2019 data, compiled by the Australian Institute of Health and Welfare

Telstra moves call centres back to Australia after customers made their preference ‘loud and clear’
Source: 9news Telstra has moved all its call centres that service Australian customers and small businesses back to Australian shores to appease its customers. Telstra CEO Andy Penn has announced the move today, saying it

Cybersafety expert’s alarm over Snapchat’s new precise location feature: ‘Literally shows where you sleep at night’
Source: 9news Sometimes it feels like a full-time job keeping our children safe from online predators. So the last thing we need is technology making the job even harder. But a new feature on the

NASA successfully launches its first rocket from newly created Arnhem Space Centre
Source: ABCnews NASA has successfully launched its first rocket from Australian soil in more than a quarter of a century. After rain and wind delayed the launch by more than an hour, the suborbital sounding rocket took

16 hours from Australia to Greece may become a reality with Qantas
Source: Greekcitytimes Qantas has launched direct flights between Australia and Europe with non-stop routes becoming available between Perth to Rome. The new route will be the only direct flight between Australia and continental Europe offered

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

Mitsotakis govt announces measures to prevent another 2015-like migrant/refugee crisis
A recent spike in the number of landings of vessels carrying irregular migrants and would-be asylum seekers to a handful of eastern Aegean islands generated a Greek government reaction on Saturday, with a top defense

Greek FM summons Turkey’s Ambassador over mass migrants’ arrivals
Foreign Minister Nikos Dendias summoned the Turkish ambassador to Athens in order to express Greece’s deep dissatisfaction over the increased influx of migrants from Turkey, that culminated with the unprecedented mass arrivals of more than

Major spike in number of illegal migrants, would-be asylum seekers landing in Lesvos last week
A significant spike in the number of small craft carrying third country nationals, mostly Afghans, to the eastern Aegean island of Lesvos (Mytilene) was recorded on Thursday, with no less than 13 flimsy inflatable vessels

Cosco-led Piraeus Port Authority submits revised master plan; worth 800 mln€
A revised master plan by the Cosco-managed Piraeus Port Authority was tabled on Friday for review by a shipping ministry ports committee in the coming period. The revised master plan, which according to the port

Mitsotakis to Observer: Athens will ask for loaning of Parthenon Marbles amid 2021 series of events
Greek Prime Minister Kyriakos Mitsotakis referred to the “loaning” of the Parthenon Marbles – 14 friezes or metopes – from the British Museum in London to Greece on the occasion of the 200th anniversary of

Greek state collects 1.138 bln€ with 26-week T-bills issue; yield at 0.15%
Demand for a new tranche of 26-week T-bills was slightly down on Wednesday, compared to similar issues over the past few months, with an auction of 875 million euros of paper attracting bids of 1.536

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

Trump’s “Plan” to end war in Ukraine is being prepared!
The Washington Post Reports on Trump’s “Plan” to end war in Ukraine is being! Former President Donald Trump privately stated that he could end Russia’s war in Ukraine by pressuring Ukraine to abandon the territory,

Turkish television discusses striking Greece
On Turkey’s pro-government TV channel AHaber, political analysts and national security specialists enthusiastically discussed how the Turkish Air Force could strike Greek islands in the Aegean Sea. Speaking in front of a map of Turkey

European solidarity with Ukraine: Sending generators in a time of crisis
The recent Russian missile and aircraft attack on Ukraine’s energy infrastructure has prompted an extraordinary response from the European Union. In particular, Germany, Austria, Sweden and the Netherlands have agreed to send 157 generators to

ISIS threat to Champions League confirmed as security tightens in Paris, Madrid and London
Concerns are growing as Europe goes on red alert following the threat of terrorist attacks at Champions League matches by Islamic State. France, Spain and Britain have all reacted swiftly to tighten security ahead of

Trump leads Biden in six of the seven most competitive states
Republican leader Donald Trump has a 2 to 8-point lead over incumbent President and Democratic leader Joe Biden in a poll conducted in six key states ahead of the November United States presidential election. According

Earthquake in Taiwan: Fear for those trapped inside tunnel
Rescue teams in Taiwan are racing to free trapped people after the more than seven-magnitude earthquake, the largest in 25 years, shook the country yesterday. Among them were more than 130 people trapped inside buses