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
Taxi drivers win $271.8 million settlement in landmark Uber case
Thousands of Australian cabbies and hire-car operators to receive compensation after years-long battle against Uber’s disruptive market entry. In a historic legal victory, taxi and hire-car drivers and owners across Australia are set to share
Debate erupts over antisemitism laws as Senator Paterson rejects legislation push
Liberal Senator James Paterson has warned against legislating the definition of antisemitism in Australia, arguing that doing so could jeopardize the nation’s long-standing protections for freedom of speech. His comments follow the release of a
Police reveal four new childcare centres where accused predator worked
Police have confirmed that Joshua Brown, the childcare worker facing multiple charges over alleged sexual offences against children, was employed at four additional early learning centres across Victoria. The disturbing revelations came as part of
RBA pushes to eliminate card surcharges and cut fees for Australian businesses
The Reserve Bank of Australia (RBA) has proposed sweeping changes to the nation’s payments system that could eliminate debit and credit card surcharges and reduce costs for small businesses. If implemented, these changes would save
Terror cell claims Melbourne arson attack in shocking threat to workers
A masked anti-Israel extremist has claimed responsibility for the recent firebombing of Lovitt Technologies in Melbourne, issuing a chilling threat to staff and pledging further attacks unless the company halts its arms supply to Israel.
Unexplained death of 7-month-old baby in Queensland lake sparks homicide investigation
Queensland police have launched a major investigation into the “unexplained” death of a 7-month-old baby boy, who was found unresponsive in a lake at a campground in Chatsworth Park, just north of Gympie. Emergency services
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
‘Evdokia’ the 1200 Year Old Olive Tree in Corfu, Greece
An imposing olive tree on Corfu, known as ‘Evdokia’ by the locals, has been estimated to be between 1086 and 1200 years old, according to stu-dies by German scientists from the Dresden University of Technology.
When calves seek shade at the beach you know it’s Heat Wave in Greece
Heat wave in Greece: It is currently so boiling hot in Greece that even calves seek the beach and shade under the sun umbrella. A swimmer was surprised to see a calf to have made
Austerity, unemployment behind ND lanslide
‘I am committed to fewer taxes, many investments, for good and new jobs, and growth which will bring better salaries and higher pensions in an efficient state’ Mitsotakis said. Greece’s opposition conservatives returned to power
Mitsotakis to CNBC: Talks with European partners will begin immediately; ND has presented a clear plan, ‘without surprises’
Kyriakos Mitsotakis’ first press statements after Sunday’s election victory by his center-right New Democracy (ND) came during an interview to CNBC, where he expressed gratitude over the election result – which will make him prime
The importance of the Greek Exclusive Economic Zone
In 1967, Malta’s Ambassador to the United Nations, Arvid Pardo, called for an international conference to devise a new law of the seas. In this call, he referred to the oceans as “the common heritage
Lamda Development warns against last-minute ministerial decisions regarding delay-plagued Helleniko project
A nascent “feud” between the international consortium that’s won a concession for the massive Helleniko property development in southeast Athens and the outgoing Tsipras government, given that the privatization remains mired in Greece’s ubiquitous “red
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
Sir George William Rendel (British Diplomat). A memorandum detailing atrocities committed during the Greek Genocide by the Turks
Sir George William Rendel (1889-1979) was a British diplomat who wrote a 7-page memorandum detailing atrocities committed during the Greek Genocide. Rendel was educated at Queen’s College, Oxford and in 1913 joined the British Diplomatic Service.
Biden is half right on Eastern Mediterranean arms sales
The Biden administration reportedly will ask Congress to approve a $20 billion sale of F-16s to Turkey , coupled with a separate sale of F-35 fighters to Greece . The White House is half right:
An Honest Broker No Longer: The United States Between Turkey and Greece
Over the course of 2022, Turkish President Recep Tayyip Erdogan has maintained a steady drumbeat of provocations targeting Greece. The year began with his foreign ministry issuing a statement threatening to declare Greece’s sovereignty as
Zoltan Pozsar: The dusk of the petrodollar, the dawn of petroyuan
Credit Suisse contributor Zoltan Pozsar has continued his ongoing series about Bretton Woods III where commodities will dictate the new world order. For his last dispatch of the year, he described how the world is now shifting
Who Was Really Behind the Istanbul Bombing?
Amid a drop in Erdogan’s approval ratings ahead of next June’s elections, there are grounds for some skepticism about who carried out the attack. by Robert Ellis Sunday’s explosion on Istanbul’s busiest thoroughfare, Istiklal Caddesi,
Blowback: Italian police bust Azov-tied Nazi cell planning terror attacks
The arrest of Italian neo-Nazis affiliated with the Ukrainian Azov Battalion highlights the terrifying potential for blowback from the Ukraine proxy war Italian police announced a series of raids against the neo-Nazi Order of Hagal
