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
Australia sends first batch of M1A1 Abrams Tanks to Ukraine in $245 million military support package
Australia has officially delivered the first tranche of M1A1 Abrams main battle tanks to Ukraine, marking a major milestone in its ongoing support of the war-torn country’s defense against Russia’s invasion. The shipment, valued at
Albanese’s China trip: Balancing diplomacy, trade, and strategic tensions
Beijing, July 2025 – In a visit heavy with both symbolism and strategic calculations, Australian Prime Minister Anthony Albanese wrapped up his trip to China with a moving moment: witnessing the activation of a cochlear
The geopolitical context of Albanese’s China visit
Prime Minister Albanese and I have a few things in common. We were both born on 2 March, and we have both been in car accidents, and as I write this, we are both in
Spike in burglaries sparks expert advice to keep homes secure
Victoria is currently experiencing a surge in aggravated burglaries, with authorities and community groups urging residents to take extra measures to secure their homes. With recent crime statistics showing an alarming trend, experts are offering
Australia’s employment growth stalls as unemployment rate jumps, Aussie dollar plunges
In a surprising twist, Australia’s employment data for June 2025 has delivered a mixed bag of results, with the number of jobs rising by 2,000, but the unemployment rate unexpectedly jumping to 4.3%. This comes
Revolutionary three-way IVF breakthrough could eradicate mitochondrial disease in babies
A groundbreaking breakthrough in three-way IVF treatment in the UK has resulted in the birth of eight babies, none of whom showed any signs of mitochondrial DNA disease. This disease is passed on from mother
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
Karamanlis Inquiry: Fast-tracked parliamentary probe sparks political backlash
The Hellenic Parliament’s special inquiry committee into former Transport Minister Kostas Karamanlis opened its first session today under accusations of political orchestration, as the government appears determined to fast-track the process surrounding the deadly Tempi
Wildfire disaster in Chios: Tens of thousands of acres burned as blaze continues to rage
Chios is currently experiencing one of the most severe environmental disasters in recent Greek history. For the third consecutive day, an uncontrollable wildfire has scorched vast swathes of the island, with more than 30,000 hectares
Tensions flare with Libya over offshore licensing south of Crete
An unexpected complication has emerged ahead of Greek Foreign Minister George Gerapetritis’ planned visit to Libya, where he was due to hold meetings in both Tripoli and Benghazi. Tensions flare with Libya over offshore licensing
Petro-Loukas Chalkias: The great clarinet virtuoso dies at the age of 90
Petro-Loukas Chalkias was the patriarch of the Epirus clarinet, an authentic representative of the musical soul of Epirus, who honoured his homeland and Greece as a whole with his career and artistry. Through his unique
Greek debt is a ticking time bomb as the Government’s fake stability unravels
Beneath the public relations gloss, the Financial Times has issued a stark warning to investors and potential buyers of Greek debt: Greek debt is a ticking time bomb as the Government’s fake stability unravels and
Legalised ethnic replacement as 16,000 Greek villages surrendered
Presidential Decree 11/2025 paves the way for a demographic transformation and the replacement of the Greek population. Legalised ethnic replacement as 16,000 Greek villages surrendered, as the Mitsotakis government is preparing 16,000 migrant reception centres
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
Stock markets around the world are crashing right now, but why?
The answer to this question is the Yen carry trade, a term you’ll probably hear many times this week. So what exactly is the Yen carry trade and why did it cause a market downturn?
Japan’s Nikkei is down 12%, the largest drop ever
Japan’s Nikkei is down 12%, the largest point ever, as fears of a US recession shook global markets. The Topix index erased its yearly gains, experiencing its steepest sell-off since “Black Monday” in October 1987.
Will Turkey attack NATO with American ships?
President Joe Biden pushed through his sale of F-16s and upgrade kits to Turkey on the logic that the deal was necessary to get Turkey’s President Recep Tayyip Erdogan to drop his objection to Sweden
Australia’s preeminent strategic thinkers: The era of Anglo-Saxon dominance in the Pacific is ending
This might be the most compelling and influential argument against AUKUS, particularly because it comes from one of Australia’s foremost strategic thinkers: Hugh White, the inaugural Director of the Australian Strategic Policy Institute (ASPI) and
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
Arab Coalition with Iran in response to Israel: The crucial meeting in Tehran
In the wake of the assassination of Hamas leader Ismail Haniyeh, Iran is mobilising what it calls the “axis of resistance” against Israel. High-ranking officials have been summoned to Tehran for consultations, raising fears of
