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
Impressive! The moment lights go off as Acropolis joins Earth Hour
It was a moment of magic to see Greece’s famous landmark sinking in the dark. At 8:30 sharp on Saturday night, lights went off in Acropolis as in many other buildings of the Greek capital
Unpardonable and irresponsible lies
The theoretical and easy self-criticism of ministers and SYRIZA cadres is fine, but at some point they have to confront the results. We make mistakes and sometimes unpardonable ones, Deputy PM Yannis Dragasakis told Parliament
Opportunity
The Pasok-centred Movement for change paid a debt of honour to Andreas Papandreou. It is a debt not just because Andreas Papandreou played a leadimg role in fashioning the contremporary centre-left, but also because the
Envelope for the next PM
The climate and atmosphere surrounding the government is not the best. Pressures from the electorate are patently obvious. There are plenty of disputes and initiatives which are collapsing one after the other. These initiatives do
Burgeoning ‘Athenian Riviera’ entails prospect of massive boost for Greek tourism
Two emblematic investments in the so-called “Athens Riviera”, the coastline extending roughly from Neo Faliro southeast all the way to renowned Cape Sounion, will have a significant impact on the recovering Greek economy, two top
Greek derby abandoned due to crowd trouble
The Greek derby between Panathinaikos and Olympiacos at the Athens Olympic Stadium was abandoned on Sunday due to crowd trouble. Deep inside the second half as their team were losing 1-0, Panathinaikos fans clashed with
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
Florida reports four deaths linked to flesh-eating bacteria in coastal waters
Health authorities in Florida have confirmed that four people have died this year due to infection with Vibrio vulnificus, a rare but highly dangerous flesh-eating bacterium found in warm, brackish coastal waters. According to the
EU adopts 18th sanctions package against Russia, targeting oil exports
The European Union has officially adopted its 18th sanctions package against Russia, further intensifying its economic pressure in response to Moscow’s ongoing war in Ukraine. According to diplomatic sources in Brussels, the new measures include
Libya’s UN submission is a proxy attack on Greece’s maritime sovereignty
Point 1 as a Strategic Choice According to the submitted list of coordinates, the northern boundary of the Libyan continental shelf begins (east to west) with points B and A, which form the eastern and
The geopolitical context of Albanese’s China visit
Prime Minister Albanese and I have a few things in common. We were both born on 2 March, and we have both been in car accidents, and as I write this, we are both in
Four killed in new Israeli airstrikes on Southern Lebanon
Beirut/Tribal Border – At least four people were killed yesterday in southern Lebanon amid fresh Israeli airstrikes targeting Hezbollah positions, according to the Lebanese Ministry of Health. The strikes mark a concerning breakdown in the
Christodoulides-Fidan one-on-one after the dinner of the five powers on Cyprus
Cyprus President Nikos Christodoulides and Turkish Foreign Minister Hakan Fidan held a brief meeting after the dinner hosted by UN Secretary-General Antonio Guterres at the United Nations headquarters. The dinner was attended by the Turkish
