
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

Micro-brewery sector in Greece surging on back of global beer trend
A burgeoning presence but limited profits are, in general terms, the main characteristics of the micro-brewing sector in Greece so far, although forecasts continue to be very bright – as Greek consumers are following a

Five suitors in next phase of IGB pipeline tender
Five consortia have been approved for the next phase of an international tender to build the Greece – Bulgaria (IGB) gas inter-connector pipeline between the Greek and Bulgarian natural gas grids, a project worth 145

Paralysis
With less than one month to go before the European Parliament election, the difficult situation in which Prime Minister Alexis finds himself is constantly worsening. With the cards stacked against them, none of the initiatives

Ancient Greek shipwreck now open to divers
A remarkably preserved shipwreck on the northern coast of the Greek island Aloneissos has become a remarkable new underwater museum. The ship has played a major role in the way archeologists understand the art of

50% of waste in Greece’s seas consists of plastic bags & bottles, aluminum cans
Fifty percent of waste found into Greek seas are plastic bags, plastic bottles and aluminum cans for beer and soft drinks, Professor Giorgos Papatheodorou of the Marine Geology and Natural Oceanography Laboratory at Patras University

Speculation of price hikes for Greeks’ beloved souvlaki/gyros causes outcry, social media frenzy
The recent international rally in meat prices, emanating from the devastating effects of African swine fever disease in China – the world’s biggest producer and consumer of pork – has touched a “raw nerve” in

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

Greek passport eighth most powerful in the world
Due to the enormous ramifications of the global pandemic on travel worldwide, the gap in citizens’ freedom to travel anywhere they wish is the largest in decades, and how the vaccine rollout goes will foretell

U.S. says Turkey violated international law, NATO commitments in Mediterranean
Turkey broke international law and its NATO commitments in the eastern Mediterranean during a dispute with Greece last year over territory, U.S. Secretary of State Antony Blinken said. Bilateral disputes should be settled peacefully and

The EastMed alliances threaten Turkey’s expansionist agenda
The discovery of huge gas resources in the Eastern Mediterranean and the standardization of cooperation between the countries of the region will change the geopolitical landscape in a few years The discovery of huge gas

Donald Trump should lift the arms embargo on Cyprus now
Every day the arms embargo remains in place undermines U.S. national security, undercuts the deployed U.S. military, and signals to U.S. allies that Washington is unreliable. On July 20, 1974, Turkish forces—utilizing U.S.-made and supplied

Game over for oil… The economy is next
It’s game-over for most of the U.S. oil industry and the repurcussions are global Prices have collapsed and storage is nearly full. The only option for many producers is to shut in their wells. That

The coming Greater Depression of the 2020s
While there is never a good time for a pandemic, the COVID-19 crisis has arrived at a particularly bad moment for the global economy. The world has long been drifting into a perfect storm of