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
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.
Commonwealth Bank executive charged in shocking child exploitation aase
A senior Commonwealth Bank executive has been charged with child exploitation offences after allegedly attempting to lure two underage girls to a Brisbane hotel via a sex worker contact. Christopher McCann, 50, was arrested on
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
Greece rises against a failing state in the wake of the Tempi tragedy
The Tempi tragedy, which in February 2023 claimed the lives of 57 people, remains an open wound for Greek society. Greece rises against a failing state in the wake of the Tempi tragedy. Last Sunday,
Skopje’s PM Mitskoski defies Prespa Agreement, fuels nationalist rhetoric
The policy of Skopje’s Prime Minister, Christian Mitskoski, towards the Prespa Agreement remains uncompromising, as Skopje’s PM Mitskoski Defies Prespa Agreement, Fuels Nationalist Rhetoric marked by open violations of the agreement and a nationalist tone
Greece’s out of touch government played and lost in Ukraine
Veteran journalist and Kathimerini director Alexis Papachelas has criticised the Mitsotakis government’s handling of foreign policy, stating that Greece’s out of touch government played and lost in Ukraine. During a recent Prime Time broadcast on
Victorian Government bows to Turkish lobby, denying Christian Genocide
Today, Turkey’s Christians (Greeks, Armenians, and Assyrians) comprise only around 0.1% of the population despite being indigenous peoples of the land. A significant reason for this population collapse is the Christian genocide committed by the
EU cancels Turkey’s “Turkaegean” Trademark
Greece has secured a major legal victory as the EU cancels Turkey’s “Turkaegean” Trademark. The European Union Intellectual Property Office (EUIPO) cancelled Turkey’s controversial “Turkaegean” trademark, citing cultural and economic concerns. The decision announced on
A legacy of weakness, concessions, and economic disasters
Former Greek prime minister Costas Simitis, who led the country into the European Union’s single currency in 2001, died on Sunday aged 88 at his summer house in the Peloponnese. While most mainstream media are
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
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
East-West prisoner swap: Largest since the Cold War
US President Joe Biden has celebrated the return of three Americans who were imprisoned in Russian penal colonies after secret “sham” trials. They were freed as part of a significant East-West prisoner swap. Biden and
USA: We are working to ensure that North Macedonia respects the Prespa agreement
The assurance that the US is working to ensure that the new government of North Macedonia respects the Prespa Agreement was underlined by Assistant Secretary of State for European and Eurasian Affairs James O’Brien. During
Man accused of plotting the 9/11 attacks, Khalid Sheikh Mohammed, reaches plea deal
The man accused of plotting the September 11 attacks, Khalid Sheikh Mohammed, and two of his accomplices have reached a plea deal with US prosecutors, the Pentagon said Wednesday local time. The trio have reportedly
Maduro under scrutiny at the International Criminal Court?
OAS Secretary General recommends his arrest for bloodshed in Venezuela The turmoil in Venezuela following the recent election results continues to escalate, drawing international reactions. On Wednesday, Luis Almagro, the Secretary General of the Organization
