Pages

Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros

Thursday, August 1, 2013

Terror charges for 6 Turks, Greeks over arms cache


Hurriyet Daily News

Terror charges for 6 Turks, Greeks over arms cache
MiamiHerald.com
ATHENS, Greece -- Three Greek and three Turkish men were charged Thursday with multiple terrorism-related offenses over an arms shipment allegedly headed for Turkey that Greek authorities intercepted in the Aegean Sea. A total three Greeks and five ...
Greece seeks terror-related charges over arms bustBoston.com
Turkish militants held in Greece for weapons - ministerReuters UK
Turkish terror suspect detained after Greece intercepts explosives-laden boatHurriyet Daily News
People's Daily Online
all 40 news articles »

READ THE ORIGINAL POST AT www.miamiherald.com

STOCKS SURGE TO ALL-TIME HIGHS: Here's What You Need To Know (DIA, SPY, QQQ)

discovery space shuttle rocket launch explode

We got massive wave of July economic data, and overall it was good.

First, the scoreboard:

  • Dow: 15,628.0, +128.4, +0.8%
  • S&P 500: 1,706.8, +21.1, +1.2%
  • NASDAQ: 3,675.7, +49.3, +1.3%

And now, the top stories:

  • The Dow Jones Industrial Average and the S&P 500 closed at all-time highs today.
  • "[The] moment of truth for the economy will arrive in the second half of this year," said Bank Of America Merrill Lynch's Michael Hartnett "If ever the US were finally to achieve “escape velocity” it must be now. Significant monetary stimulus, the end of fiscal austerity, a booming housing market, a cheap dollar, and record corporate cash balances mean the US economy should meaningfully accelerate in coming quarters. Our own Ethan Harris looks for 2.0% GDP growth in Q3, 2.5% in Q4 and 2.7% in 2014. "
  • It's the first of the month, which means we got the manufacturing purchasing managers index (PMI) reports from every major economy in the world.  And the big picture is becoming clear: the emerging Asian economies are slowing while the struggling European economies are coming back.
  • Manufacturing reports from China, South Korea, Taiwan, and Australia all reflected decelerating growth or out right contraction. China's official NBS PMI actually climbed to 50.3 in July from 50.1 a month ago. But the unofficial HSBC PMI, which is more exposed to small and export-driven companies, fell to 47.7. Any reading below 50 signals contraction.
  • Manufacturing reports from Italy, France, Germany, and Greece all improved.  The Eurozone composite index climbed to 50.3 in July from 48.8 a month ago.  This was the first time this index was above 50 in two years.
  • The U.S. continues to be in good shape. The ISM's manufacturing index surged to 55.4 in July from 50.9.  Economists were looking for a reading of 52.0.  Of note, the employment sub-index jumped to 54.4 from 48.7 a month ago.
  • Initial weekly jobless claims fell to 326,000, the lowest level since January 2008.  Economists were looking for a print of 345,000. "We suggest taking the latest reading with a grain of salt as the Labor Department may be having some trouble seasonally adjusting the data," warned TD Securities' Gennadiy Goldberg. "While the Labor Department noted no special factors influencing the claims data, they did cite ‘typical July volatility’ as the basis for the stronger claims reading. Unadjusted claims tend to perform quite positively during this time of the year, leading to less supportive seasonal adjustment factors."
  • Don't Miss: 10 Mind-Boggling Facts About China's Massive Manufacturing Sector »

Join the conversation about this story »

    





READ THE ORIGINAL POST AT www.businessinsider.com

Is this the most tasteless talent show performance ever? Greek pop star ...


Daily Mail

Is this the most tasteless talent show performance ever? Greek pop star ...
Daily Mail
A Greek female pop star has courted controversy by appearing on a popular TV show as Stevie Wonder - blacked up and pretending to be blind. The bizarre performance came on Your Face Sounds Familiar, a talent show which is similar to the British ...


READ THE ORIGINAL POST AT www.dailymail.co.uk

Greece cuts VAT on meals to encourage tourism


euronews

Greece cuts VAT on meals to encourage tourism
euronews
Greece may be trapped in recession and on a drip feed of international aid, but eating out just got cheaper. The VAT sales tax on restaurant meals, take-aways and catered food has been cut from 23 percent to 13 percent. The move by the government was ...

and more »

READ THE ORIGINAL POST AT www.euronews.com

Seven people killed in western Greece car crash

Seven people died and two were injured on Thursday in a head-on collision between two vehicles on the Antirio-Arta National Highway in western Greece.According to preliminary reports, one of the vehicles was carrying six people and the other three when the cars crashed at around 3.30 p.m.Five of the victims were already dead by the time ambulance crews arrived and another two died on their way to ...

READ THE ORIGINAL POST AT www.greekherald.com

Arrests reach eight over deadly Roma clan feud

Five more people people, bringing the total to eight, were arrested on Thursday in connection to a violent altercation between rival clans at a Roma camp southwest of Patra in western Greece that resulted the death of four people and the injury of another four.At least 12 people participated in the attack on a rival ...

READ THE ORIGINAL POST AT www.greekherald.com

U-turn as Brazil backs IMF aid for Greece

Finance minister insists it was ‘mistake’ for country’s representative to abstain when fund voted on latest €1.8bn tranche of aid

READ THE ORIGINAL POST AT www.ft.com

Death of young siblings found in irrigation ditch attributed to accident

The death of two brothers, aged 4 and 7, whose bodies were found by police on Thursday in an irrigation ditch in the village of Strefi in Ilia, western Greece, after the parents reported them missing on Wednesday, has been attributed to an accident.The two Bulgarian siblings were delivering a parcel of food to a relative when they are believed to have fallen into the ...

READ THE ORIGINAL POST AT www.greekherald.com

Tsochatzopoulos? Cousin Reveals Payoffs

Nikos Zigras The most damning evidence yet against former Greek defense minister Akis Tsochatzopoulos, charged with operating a money-laundering scheme and stealing untold scores of millions of euros from contracts, was given at his trial by his cousin Nikos Zigras, who said there were times when he would hand over 100,000 to 150,000 euros in cash per week to the ex-PASOK veteran during the years ...

READ THE ORIGINAL POST AT www.greekherald.com

Op-Ed Columnist Greek Ship Turning

CHANIA, Greece ...

READ THE ORIGINAL POST AT www.greekherald.com

Terror charges for four suspects arrested on speedboat off Chios

Two Greek and two Turkish men have been charged with multiple terrorism-related offenses after being arrested on a speedboat carrying weapons near the Turkish coast.Judicial authorities said Thursday that the four men being held on the east Aegean Sea island of Chios had been charged with membership in a terrorist organization, and possession of weapons with intent to use in acts of terrorism.The ...

READ THE ORIGINAL POST AT www.greekherald.com

Reforming Greeces state sector

Reuters © Public sector employees march during an anti-austerity rally outside the finance ministry in Athens August 1, 2013. REUTERS/Yorgos ...

READ THE ORIGINAL POST AT www.greekherald.com

Black Odyssey Twist On Homers Greek Tale

In artist Romare Bearden's eyes, Odysseus was a black warrior, a take on the ancient Greek epic that's a little reminiscent of Black Athena's view of Greek history. FT. WORTH, Texas - Ancient Greek literature and modern American art seldom collide, let alone appear in the same museum exhibit. Seeing both through an African-American lens is an even rarer event, but such a mashup is ...

READ THE ORIGINAL POST AT www.greekherald.com

Greek Teachers Union Head Faces Firing

Among the list of 2,122 teachers who are to be suspended with reduced pay and almost certainly to be fired under a plan ordered by international lenders to cut the Greek workforce is OLME teachers union head Themis Kotsifakis, who has been leading protests against the scheme. New Administrative Reform Minister Kyriakos Mitsotakis promised that unqualified workers would be the first to put on a ...

READ THE ORIGINAL POST AT www.greekherald.com

Costly Greece IMF says lenders need to ?forget? about ?7.4bn of its loans

Greece Eurozone governments should be prepared to write off big chunks of their loans to Greece, around about EUR7.4bn within the next two years, according to the IMF. To make Greek debt manageable, the country's lenders may be forced to accept big losses on their aid to the Athens, the International Monetary Fund (IMF) told in its fourth review of Greece's performance under an ...

READ THE ORIGINAL POST AT www.greekherald.com

Charlemagne: Vamos a la playa




AT LAST, August is upon us. The summer fruit is plump and the sea is warm. You can almost hear the warbling melody of “La Mer”, Charles Trenet’s ode to the seaside. In summer Europe’s natural order is inverted. The urban become rural. Big cities disgorge their citizens and suck in foreign tourists. Northern Europe comes south, easing the pain of austerity.A good tourist season in Spain may herald recovery; in Greece it could raise hope that creditors will eventually alleviate its debt. Eurocrats have decamped from Brussels with high hopes this year of not being recalled by another summer crisis in the euro zone. Angela Merkel, the German chancellor, is taking almost three weeks off, some of it in the Italian Alps. Not so Fran├žois Hollande, the French president. He will rest for just a week, alternating with his prime minister, Jean-Marc Ayrault. Other ministers will get a fortnight but must stay close by, able to return to their desks at short notice. The cabinet is grumbling, but Mr Hollande is firm: “At a time of crisis, taking two weeks off is not a given.”Indeed, many Europeans are having austere breaks, booking fewer days away or...


READ THE ORIGINAL POST AT www.economist.com

The EU plans better refugee protection

Greece, Spain and Italy - many EU states are unable to cope with the influx of refugees from crisis areas and war zones. With refugee policies increasingly under fire, the EU is set to find a remedy.

READ THE ORIGINAL POST AT www.dw.de

Greece denies 'tourist ghettos' plan to keep partying holidaymakers outside ...


Daily Mail

Greece denies 'tourist ghettos' plan to keep partying holidaymakers outside ...
Daily Mail
Mayors from other party islands, namely Zakynthos, Crete, Corfu, Rhodes and Kos, will also be present alongside members of the British Embassy and Greece's Ministry of Tourism. Tyrell Matthews-Burton, 19, from Leyton. Tragedy: Tyrell Matthews-Burton ...


READ THE ORIGINAL POST AT www.dailymail.co.uk

LatAm states disapprove of new IMF loans to Greece: Brazil


Press TV

LatAm states disapprove of new IMF loans to Greece: Brazil
Press TV
However, the IMF report said there was “no evidence” that Greece could reach its target. “Achieving the significant fiscal adjustment still ahead in a socially acceptable manner is unlikely to be possible without much deeper public sector reforms,” it ...


READ THE ORIGINAL POST AT www.presstv.ir

Greek pop star Mando 'blacks up' as Stevie Wonder on Your Face Sounds Familiar


Greek pop star Mando 'blacks up' as Stevie Wonder on Your Face Sounds Familiar
Daily Mail
A Greek female pop star has courted controversy by appearing on a popular TV show as Stevie Wonder - blacked up and pretending to be blind. The bizarre performance came on Your Face Sounds Familiar, a talent show which is similar to the British ...


READ THE ORIGINAL POST AT www.dailymail.co.uk

Greek Ship Turning


New York Times

Greek Ship Turning
New York Times
The International Monetary Fund described the country's fiscal adjustment as “exceptional” in a 207-page report just released. For exceptional, read brutal. The I.M.F., which along with euro zone countries has provided a Greek rescue package of €240 ...
Op-Ed by AHI President: “Mr. Samaras Comes to Washington”Greek Reporter

all 2 news articles »

READ THE ORIGINAL POST AT www-nc.nytimes.com