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
Internal chaos in Trump White House threatens future of AUKUS submarine deal
The AUKUS submarine deal is under renewed scrutiny amid reports of internal dysfunction within the Trump administration, described by insiders as “Game of Thrones politics.” While U.S. Secretary of State Marc Rubio has sought to
NSW officers admit assaulting naked woman in mental health crisis
Two former NSW police officers have admitted to assaulting a 48-year-old naked woman who was experiencing a psychotic episode on a Sydney street in January 2023. Nathan Black (28) and Timothy Trautsch (30), both off-duty
Crackdown on antisemitism: Albanese warned to cut funding to universities failing to act
Prime Minister Anthony Albanese is under mounting pressure to withdraw public funding from universities, programs, and individuals who tolerate or fail to combat antisemitism, following a major report released today. The report, authored by Australia’s
Australia may face higher AUKUS costs and pressure to join US-China conflict
Australia’s nuclear submarine deal under AUKUS could become more costly and politically fraught, as the US Department of Defence reviews the trilateral agreement under President Donald Trump’s “America First” agenda. A report from The Age
Bipartisan support for PBS amid Trump’s Pharma tariff threat
Donald Trump’s threat to impose a 200% tariff on pharmaceutical imports has united Australia’s political leadership in support of the Pharmaceutical Benefits Scheme (PBS). The Albanese government reaffirmed its commitment that the PBS is “not
Qantas confirms data breach affected 5.7 million customers, criminal contact made
Qantas has confirmed that 5.7 million of its customers have had personal data compromised in a major cybersecurity breach, with the company now contacting those affected and working with law enforcement following contact from a
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
Lack of new framework to protect primary residences blocks disbursement of €970 mln to Greece
Eurozone finance ministers – the Eurogroup venue – on Monday did not approve the disbursement of a 970-million-euro tranche to Greece, a more-or-less expected development linked with a failure to finalize a new legal framework
Mitsotakis to CNN: Greece will be a ‘positive surprise’ in terms of investments in next 2-3 years
Main opposition New Democracy (ND) party leader Kyriakos Mitsotakis stuck to his pro-reform and pro-market message during an interview with CNN on Monday, as he continued a visit to the United States amid opinion polls
British newspaper reveals plans to uncover Athens’ ancient Ilissos river
The British newspaper The Telegraph revealed on Sunday that a Greek urban renewal firm called ”Anaplasis” plans to uncover Athens’ ancient river of Ilissos. Back in October of 2018, a part of the Athenian tram
Greece blasts BBC for report on non existant “Oppressed Macedonian Minority”
Greece’s Ambassador to the UK, Dimitris Karamitsos-Tziras, send a letter of complaint to the BBC on Monday, following a report which spoke of the existence of a “Macedonian minority” in the country. Karamitsos-Tziras said the
Greece to monitor Methana Volcano, just 50km away of Athens
For the first time, the Greek Geodynamic Institute will install six seismological stations to monitor the volcano of Methana in the Saronic Gulf, just 50 km away from capital Athens. “ A source of concern
The ‘Atlantis of Crete’: The sinking village sinks again
The locals call it the “Atlantis of Crete”, as the village of Sfentyli sinks slowly and gradually into the waters coming from the Aposelemis dam. One part of the Cretan village has sunk completely. It
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
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
Hamas chief Ismail Haniyeh assassinated in Iran
Tehran: Iran’s paramilitary Revolutionary Guard said Hamas leader Ismail Haniyeh was assassinated in Tehran. No one immediately claimed responsibility for the assassination but suspicion immediately fell on Israel, which has vowed to kill Haniyeh and
