RBA holds firm: No cuts until job market softens further
Reserve Bank of Australia Governor Michele Bullock has reinforced the bank’s cautious stance on interest rate cuts, stating that further evidence of a weakening labour market is needed before any monetary easing. Speaking at the
Budget Crisis & Housing Blow: Treasury pushes Chalmers to raise taxes, warns home target is out of reach
The Albanese government has been dealt a political headache after unredacted Treasury documents revealed that Treasurer Jim Chalmers has been advised to raise taxes to return the federal budget to a sustainable surplus—while being warned
Iron ore vs AUKUS: Albanese courts $120 billion China trade while walking US defence tightrope.
Prime Minister Anthony Albanese is continuing his six-day official visit to China, where Australia’s $120 billion iron ore trade is front and centre — but concerns over defence obligations to the US are never far
Canberra on alert: National summit to tackle surge in AI-generated child abuse
Australia is facing an alarming surge in child sexual abuse material generated using artificial intelligence — and this Thursday, the nation’s leading experts and officials will gather in Canberra for an emergency summit. The National
Australia backs ‘status quo’ amid US pressure on Taiwan
In a move that highlights the delicate balance of international relations, Australian Prime Minister Anthony Albanese has reiterated his government’s stance on Taiwan amidst increasing pressure from the United States. During a visit to Shanghai,
Albanese to raise “full range of issues” in high-stakes China trip
Australian Prime Minister Anthony Albanese is embarking on a politically delicate six-day mission to China, vowing to raise the “full range of issues” troubling the bilateral relationship. From the unjust jailing of Australian academic Dr.
George Calombaris reveals $3M loss, addiction battle in raw interview
Celebrity chef George Calombaris has spoken publicly for the first time in years about the downfall of his hospitality empire and his spiral into alcohol addiction — saying the collapse cost him more than $3
Mitsotakis: Greece will not discuss sovereignty with Turkey – “Twitter diplomacy is easy”
Greek Prime Minister Kyriakos Mitsotakis firmly ruled out any negotiations with Turkey on matters of national sovereignty, in a televised interview with SKAI anchor Sia Kossioni on Tuesday evening. “Greece does not discuss issues of sovereignty. We will never accept the theory of ‘grey zones’, nor will we allow Turkey
Ancient Greek migrants built the famous Stonehenge, DNA reveals
Britons who built the famous Stonehenge were product of ancient wave of migrant farmers, that is of Greeks from Asia Minor, DNA tests have revealed. Ancient skeletons have revealed that the arrival of population from
First two PPC orders for LNG approved for July
State-run Public Power Corp. (PPC) is ready to place its first-ever orders for liquefied natural gas (LNG) over the summer from the Revythoussa isle terminal off Piraeus, a move aimed to reduce power generation costs.
Bill protecting unlicensed buildings on beaches revised
A controversial draft bill that has been widely criticized as giving the green light to illegal construction on the country’s coasts has been revised by the government and resubmitted to Parliament. The bill that was
Two Germans sentenced for taking down the Greek Flag and raising a German flag on Crete
Two 23-year old German nationals were sentenced by a court in Chania, Crete on Monday for taking down the Greek flag down from a flagpole and raising the German flag in its place. The incident
Turkey threatens to install S-400 near Greece and Cyprus
Despite warnings from the international community and particularly the United States, Turkey is determined to proceed with the purchase of the Russian missiles defense system S-400. And not only that. Ankara is threatening its neighbour
VirtualDIVER: Innovative platform for underwater experience around Santorini
The innovative platform VirtualDIVER for virtual underwater experiences targeting the cultural and tourism industries has been developed in cooperation of Greek academics and private companies. VirtualDIVER will allow people to “travel” and “explore” the magical
Orban raises prospectof EU exit, citing Brussels’ authoritarian drift
Hungarian Prime Minister Viktor Orban has once again raised the prospect of a Hungarian exit from the European Union, suggesting that the bloc’s authoritarian evolution may soon outweigh the benefits of membership. Speaking in an interview with the far-right platform Ultrahang, Orban said that Hungary’s EU membership “still makes sense
FYROM’s name change deal may be an achievement for the E.U., but undemocratic
After the disintegration of Yugoslavia in 1991, Greece’s northern neighbor stole the Greek name “Macedonia”—but Athens refused to recognize it, saying it gave legitimacy to territorial, historical, and ethnic claims over the millenial old northern
Ancient Greek and Roman artifacts found in Alexandria
An announcement from the Archaeological Mission of Alexandria has revealed that an array of Greek and Roman artefacts has been found in Alexandria, Egypt. That date back to the 1st and 2nd centuries BC. The
