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How the world sees Greece
Friday, September 6, 2013
18 Countries That Love To Eat, Drink & Smoke More Than The U.S.
You might assume, from frequent news reports about obesity in America, that we're the most gluttonous country in the world.
But the great paradox of the country's food industry is that Americans still spend far less of our income on food than their peers in many other developed countries. You've probably seen the statistics before. Depending on your political and cultural beliefs, you probably take that either as evidence that Americans should spend more to buy better quality food or that American capitalism is the best economic system in the world.
One other factor at work, though, might be Engel's Law, a time-tested economic principle that says that people will tend to spend a smaller and smaller portion of their income on food as they get richer. Despite the recession, Americans still have among the largest average disposable incomes of any country in the world, so it's possible that Americans just spend more than the French, say, on TVs and cars, which makes our food spending look small by comparison.
To put that idea to the test, we used data from the USDA and EuroMonitor International and calculated the total amount that residents of various countries around the world spend on food at home, dining out, alcohol and tobacco. Everything you ingest, basically.
What was found, actually, was that Americans actually spend far less in absolute terms than the residents of many other countries on comestibles. So it's not just Engel's Law at work. There are surely important supply-side economic factors at play -- Many European countries place high taxes on retail items like food and have high minimum wage laws that push the cost of restaurant meals up. And it's expensive to ship food to places like Australia and Hong Kong.
But that can't be it. Cultural factors are likely at work, too. That Americans just don't love to eat, drink and smoke as much as people living in many of the other countries on the list. But scroll down and see for yourself!
19. United States of America -- $4,431 per person in 2012
Spending on food at home: $2274
Spending on restaurant meals: $1485
Spending on tobacco and alcohol: $673
Fun fact: Americans spent an average of $649.50 on fast food in 2012, more than the residents of any other country.
18. United Kingdom -- $4,533 per person in 2012
Spending on food at home: $2213
Spending on restaurant meals: $1405
Spending on tobacco and alcohol: $914
17. Greece -- $4,629 per person in 2012
Spending on food at home: $2740
Spending on restaurant meals: $1158
Spending on tobacco and alcohol: $731
Fun fact: The Greek people spent more than those of any other country at cafes last year -- $609.20 per person.
16. Ireland -- $4,665 per person in 2012
Spending on food at home: $2037
Spending on restaurant meals: $1553
Spending on tobacco and alcohol: $1075
15. France -- $4,760 per person in 2012
Spending on food at home: $3037
Spending on restaurant meals: $964
Spending on tobacco and alcohol: $760
14. Belgium -- $4,858 per person in 2012
Spending on food at home: $3075
Spending on restaurant meals: $942
Spending on tobacco and alcohol: $1051
13. Denmark -- $4,942 per person in 2012
Spending on food at home: $3036
Spending on restaurant meals: $854
Spending on tobacco and alcohol: $1051
12. Italy -- $5,037 per person in 2012
Spending on food at home: $2892
Spending on restaurant meals: $1584
Spending on tobacco and alcohol: $561
Fun fact: Though some Americans claim that pizza was invented in the States, rather than in Italy, there's no doubting that Italy is the world capital of pizza consumption. The average Italian spent $447.80 at pizza restaurants in 2012, almost 4 times as the average American.
11. Canada -- $5,076 per person in 2012
Spending on food at home: $2679
Spending on restaurant meals: $1465
Spending on tobacco and alcohol: $932
Fun fact: Canadians spend by far the most at bakeries of any country, with an average of $257.70 per person in 2012.
10. Hong Kong -- $5,128 per person in 2012
Spending on food at home: $3224
Spending on restaurant meals: $1671
Spending on tobacco and alcohol: $233
Fun fact: Last year, residents of Hong Kong spent more than those of any other country on full-service restaurant meals -- a whopping $1,172.10.
9. Spain -- $5,160 per person in 2012
Spending on food at home: $2483
Spending on restaurant meals: $2148
Spending on tobacco and alcohol: $529
Fun fact: The Spanish spent an incredible $1,334.60 per person at bars and pubs last year -- over 4 times as much as their closest competition, the Irish.
8. Austria -- $5,239 per person in 2012
Spending on food at home: $2617
Spending on restaurant meals: $1774
Spending on tobacco and alcohol: $848
7. Finland -- $5,351 per person in 2012
Spending on food at home: $3001
Spending on restaurant meals: $1168
Spending on tobacco and alcohol: $1182
6. New Zealand -- $5,656 per person in 2012
Spending on food at home: $3284
Spending on restaurant meals: $1701
Spending on tobacco and alcohol: $671
Fun fact: Weirdly, the average Kiwi spent $208.50 at full-service restaurants with North American cuisine last year, significantly more than Canadians ($168), Americans ($130) or inhabitants of any other country.
5. Sweden -- $5,666 per person in 2012
Spending on food at home:$3193
Spending on restaurant meals: $959
Spending on tobacco and alcohol: $1514
4. Japan -- $6,556 per person in 2012
Spending on food at home: $3193
Spending on restaurant meals: $1513
Spending on tobacco and alcohol: $959
Fun fact: The average Japanese person spent $942 at chain restaurants in 2012, more than any other country.
3. Australia -- $7277 per person in 2012
Spending on food at home: $3814
Spending on restaurant meals: $2131
Spending on tobacco and alcohol: $1331
Fun fact: Ozzies spent $120 at chicken fast-food restaurants in 2012, by far the most of any country.
2. Norway -- $7,624 per person in 2012
Spending on food at home: $4885
Spending on restaurant meals: $1151
Spending on tobacco and alcohol: $1587
Fun fact: Norwegians spent more than the residents of any other country on tobacco and alcohol last year. Must be those Scandinavian winters!
1. Switzerland -- $8,024 per person in 2012
Spending on food at home: $4943
Spending on restaurant meals: $1501
Spending on tobacco and alcohol: $1581
Fun fact: The Swiss led the world in per capita expenditures at self-service cafeterias last year, with $154.90 per person spent in 2012.
Greek Cinema Confronts the Harsh Reality of the Financial Crisis by Not ...
Greek Cinema Confronts the Harsh Reality of the Financial Crisis by Not ...Huffington PostPlaying during the Toronto International Film Festival is a heck of a film, which captures the often-violent side of how the financial crisis is affecting young adults, especially women, in today's Greece. Through recent visits and conversations with ...
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How Labyrinth illuminates an ancient Greek paradox
How Labyrinth illuminates an ancient Greek paradoxio9Labyrinth gave us many things. David Bowie in tights. A CGI owl. And, of course, a variation on a paradox that started in ancient Greece. Learn about the iterations of the Liar's Paradox. Everyone remember Labyrinth? If not, let me remind you of one ...
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Troika reminds Greece of its bailout pledges
KathimeriniTroika reminds Greece of its bailout pledgesKathimeriniA reminder about the reforms needed for Greece to receive its next EU-IMF bailout tranche arrived on the government's doorstep Friday as the troika provided Athens with the latest translated version of its memorandum of understanding. Greece is due to ...and more »
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SEV to Politicians Stop False Promises
"2014 is a very crucial year. Even the slightest crisis reversal must turn into reality. Otherwise, neither the economy nor society could cope with another recession and another downgrade. Even if our partners prove to be patient, the patience of Greek citizens is running out,'; the President of the Federation of Enterprises (SEV), Dimitris Daskalopoulos noted in a letter addressed to ...
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Crisis-hit Greeks swing for solace
People dance during their lesson at a swing dance school in Athens. Swing dance first made waves on the world's dance floors after the Great Depression of the 1930s, and is now back getting people's toes tapping once again thanks to another wave of austerity, particularly in crisis-hit ...
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BGG Weekender: LA Greek Festival, Free Pie, & An Art Gallery Garden Party
September in LA always makes us antsy for the desert ... it's often an affordable way to get your arts & culture 'fix,' and (b) free booze. Adorably, The Offramp Gallery in Pasadena opens their Fifth Anniversary Group Exhibition with a garden ...
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Greek labor union foresees worse economic future ahead of relaunch of anti-austerity protests
Greece's largest umbrella labor union of private sector employees GSEE foresees a worse economic future for Greek workers in the coming years due to austerity-triggered recession, warning of new record high unemployment rates while predicting a ...
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Greek economy shrinks at slower pace
Greece's economy shrank 3.8 percent in the second quarter, the smallest annual decline in nearly three years and helped by a rebound in tourism.
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Chobani Says Mold in Yogurt Does Not Carry Disease
(NEW YORK) — Yogurt maker Chobani says the mold that triggered a recall of some of its Greek yogurt cups this week is not associated with foodborne illnesses like salmonella or E. coli. The company identified the mold Friday as a common species that usually affects fruits, vegetables and other plants. It has also been linked to previous cases of spoiled yogurt. Cornell University Professor Randy Worobo says the mold “should not pose a health risk to most consumers.” Worobo is a professor of food science. A company spokeswoman said 95 percent of the affected products have already been pulled from shelves. The company, based in New Berlin, N.Y., said the affected products came from its Idaho facility and represents less than 5 percent of its total production.
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Chobani Issues Moldy Recall; Yoplait Pours It On
The Greek yogurt business turned a bit sour today, as Chobani ( 3763044Z ) recalled an unidentified amount of its popular product. The company didn’t say how much yogurt was affected, but the Food and Drug Administration notice urged consumers to dump a range of Chobani flavors and sizes, from tiny tubes of “Chillin Cherry” to 32-ounce tubs of “Plain 2%.”
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Good news in Greece? Strong tourism revenue puts dent in recession
ATHENS, Greece - High tourism revenues helped Greece's battered economy shrink less than initially estimated in April-June, making a projected exit from a six-year recession in 2014 more likely.
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Greek Economy Shows Promise
Greece's economy contracted by less than expected in the second quarter, new data from the statistics office showed, as a bumper tourism season lifted hopes of a return to growth next year following six years of contraction.
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News Summary Greece may need more aid after 2014
NOT WALKING YET: The chairman of a meeting of eurozone finance ministers said that Greece will "very likely" need more financial aid beyond its current rescue loan programs, which end next year.LIFE SUPPORT: Greece has been kept out of bankruptcy since 2010 with rescue loans worth 240 billion euros ($316 billion), given by its eurozone partners and the International Monetary Fund. The ...
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Is your Greek yogurt safe Question becomes problem for one company marketing opportunity for another
Chobani yogurt sits on a grocery store's refrigerated shelf.
Chobani, the popular maker of Greek-style yogurt, has voluntarily recalled some products over concerns about swelling packages and even a potential mold problem.
This setback comes at a time when New York dairy farmers are getting a major boost from Greek yogurt's rising popularity. As Dan Orlando explained earlier this week, ...
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The Black Villas of Greek Islands
A billion euros party has been set on the Greek islands. The owners of luxurious villas rent their property without declaring anything to tax authorities. The Financial Crime Unit has detected over the last two years 500 cases of owners renting houses mainly on Mykonos, Santorini, Paros, Patmos and Kefallonia, with rents amounting from 300 to 10,000 euros per day, but do not declare the ...
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Defense Minister briefs EU peers on Greek stance on Syria defense industry
Defense Minister Dimitris Avramopoulos on Friday briefed his European Union counterparts on Greece's position on a possible US-led military intervention in Syria and on Greece's state defense industry which faces an overhaul as part of Greek commitments to the troika."I had the opportunity to brief my counterparts on the potential of Greece's defense industry and to highlight ...
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Chinese-made marine engineering ship delivered to Greece
/enpproperty--> A marine engineering ship called Envoy that was built by Wuchang Shipbuilding Industry Co Ltd was delivered to Greek shipowners. The ship is 83 meters long and 22 meters wide and is worth about 500 million yuan. It will mainly be used to provide towing, delivery of goods, recovery of oil as well as other services for the offshore oil and gas development platform in Greece. ...
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Hipster Greek Statues Get An Ad Campaign
RKCR/Y&R has rolled out a campaign for eco-friendly vintage clothing retailer Traid, utilizing the very same concept. Although the term "hipster" remains as nebulous as ever, it's pretty clear what vibe these clothing arrangements are meant to evoke. The campaign used and credited Caillard's images, adding some authenticity to the proceedings. The photographer created the ...
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Euro Chess 2013 in Crete
Greece is a lively country with structures and an economy which functions normally rather than an impoverished country as often shown by the foreign media. This remark was made during a press conference on September 5 on the occasion of the 8th Euro Chess that has been taking place in Greece for the first time at the Caldera Beach hotel in Gerani, western Crete. The tournament started on ...
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Greek Medalists Lose Public Jobs
According to Greek media reports, known Greek athletes who were appointed in the public sector due to their success in sports, such as Olympic medalists, are to be suspended as well provided that the joint ministerial decree does not make any exceptions. According to estimates, about 900 athletes took advantage of the law 2725/99 and were appointed in the public sector. Minister of ...
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4.2 Richter Tremor off Greek Island of Crete
A tremor measuring 4.2 degrees on the Richter scale took place Friday at 5:57am local time off the island of Crete, the Athens University Institute of Geodynamics made known. The epicenter was 371 kilometers south-east of Athens and 60 kilometers south-west of Heraklion, the capital of Crete. Its hypocenter was very close to the surface. No damages or injuries have been reported. A tremor ...
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TAP begins land easement and acquisition process
Trans Adriatic Pipeline (TAP) announced on Friday it is beginning the process of contacting the land owners of the regions where the natural gas pipes will come through, as the implementation of the biggest energy project in the Greek area gets underway.The consortium that will construct the project to transmit Azeri gas to central Europe via Greece, Albania and Italy, stated that it has ...
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Relatives of armed forces staff who fell in line of duty given jobs
The Administrative Reform Ministry on Friday announced the appointment of 72 people from families who lost a relative in the line of duty in the Greek armed forces.The initiative followed a decree signed on Tuesday by Minister Kyriakos Mitsotakis allowing for one member of the families of police officers and firefighters who died in the line of duty to apply for a job in the civil service.The ...
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3-day Greek Festival in Cranston begins
The 28th Annual Cranston Greek Festival begins Friday, and it has become an end-of-summer tradition for many Rhode Island families. The Greek Festival started as a small parish picnic celebrating the feast of the Birth of the Virgin Mary.
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Greece braces for more refugees
Greece braces for more refugeesSoutheast European TimesA spike in the number of undocumented migrants landing on the eastern Aegean island of Chios from the opposite Turkish coast last month, many of whom reportedly declared themselves as Syrian nationals, again raised concerns in Greece of a wave of ...
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10 Things You Need To Know This Morning (DIA, SPY, QQQ)
Good morning! Here's what you need to know.
With the exception of Japan's Nikkei, which closed down -1.45%, Asian markets finished higher. Australia's S&P/ASX gained 0.05%, Korea's Kospi was up 0.19% and Hong Kong's Hang Seng climbed 0.10%. European markets were lower across the board, with London's FTSE trailing most at -0.63%. U.S. futures were all pointing higher. The jobs number disappointed. The U.S. economy added 169,000 jobs in August, missing expectations of 180,000. Most of the new jobs were part-time. Gold surged to 1.43% after the print, after being down about 0.40% earlier this morning. Oil has come down. Some analysts revised their NFP projections upward after an unexpectedly strong ISM manufacturing print this week. Here's JPM's Michael Feroli: "The August ISM nonmanufacturing index defied expectations for a modest decline and instead surged another 2.6 points to 58.6, the highest level since late 2005. The strong headline number was matched by solid details in most of the sub-indices: business activity climbed almost two points to 62.2, new orders were up almost three points to 60.5, and the employment index jumped almost four points to 57.0. While the employment data earlier in the morning were mixed, this report suggests a bit of upside risk to tomorrow's BLS report." The yield on the U.S. 10-year bond breached 3% for the first time since July 2011 just before 5 pm yesterday. It's fallen back below that level this morning, but could jump on a stronger jobs report, which could give the Fed more ammunition to begin tapering its bond-purchasing program. The Mexican peso and Chinese yuan bounced the Swedish krona and Hong Kong dollar to round out the top 10 most-traded currencies in the Bank of International Settlements' latest triennial survey. The dollar, Euro and yen have held the top-three spots since 2001. Friday's European data wasn't great. German exports showed a surprise drop, while the UK's July industrial output missed forecasts and its trade deficit widened. On the bright side, UK home prices saw their seventh-straight month of gains, and French consumer confidence increased. Greece will need a third bailout, Eurozone finance minister chair Jeroen Dijsselbloem said. WSJ's Matina Stevis writes: "Mr. Dijsselbloem, who was speaking at the European Parliament in Brussels, said it was "clear that despite recent progress" in Greece, the country wouldn't be able to fully finance itself from borrowing in the capital markets at the end of its [current] bailout, in late 2014." An agreement is expected to emerge from this week's G-20 meeting that would prevent multinational firms from operating subsidiaries designed solely to shield them from tax burdens. The New York Times' Andrew E. Kramer writes: "The effort at tax reform, if enacted widely, would squeeze more money from multinational corporations and shift a portion of the global tax burden from individuals and small businesses to large corporations. The proposal is for countries to better coordinate tax treaties to close loopholes that multinational corporations exploit by registering in tax havens like Delaware or the Cayman Islands. Another tactic of concern is shifting profits to low-tax jurisdictions and costs to high-tax ones." After a sluggish start, the Denver Broncos trounced last year's Super Bowl-winning Baltimore Ravens 49-27 in the NFL's regular season opener. Broncos QB Peyton Manning completed 27 of 42 passes for 462 yards and a record-tying seven touchdowns, with 0 interceptions. The game would have been even more of a blowout if not for this.Join the conversation about this story »
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Economy shrinks at smallest pace since 2010 in Q2 aided by tourism boost
Greece's economy shrank 3.8 percent in the second quarter, the smallest annual decline in early three years and helped by a rebound in tourism, adding to signs the long economic slump may be bottoming out.In another encouraging sign, exports rose for the first time in five quarters, although the increase was slight, but imports fell sharply, partly reflecting still very weak domestic ...
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Greek Economy Contracts Less Than Expected
Shallower Contraction Lifts Hope of a Return to Economic Growth Back To MSN Money Homepage MSN Money Investing Subscriber Content Read Preview Summers Faces Key 'No' Votes if Fed Pick Subscriber Content Read Preview For Corporations and Investors, Debt ...
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BC-SOC--World Cup Glance, SOC
by
Associated Press
BC-SOC--World Cup Glance, SOC
Associated Press - 6 September 2013 08:26-04:00
BC-SOC--World Cup Glance
World Cup Glance
By The Associated Press
QF - FINAL GROUP STG
ASIAN FC
GROUP A
GP
W
D
L
GF
GA Pts
q-Iran
8
5
1
2
8
2
16
q-South Korea
8
4
2
2
13
7
14
Uzbekistan
8
4
2
2
11
6
14
Qatar
8
2
1
5
5
13
7
Lebanon
8
1
2
5
3
12
5
___
GROUP B GP W D L GF GA Pts q-Japan 8 5 2 1 16 5 17 q-Australia 8 3 4 1 12 7 13 Jordan 8 3 1 4 7 16 10 Oman 8 2 3 3 7 10 9 Iraq 8 1 2 5 4 8 5 First Leg Friday, Sept. 6Jordan vs. Uzbekistan, 1600 GMT
___
AFRICAN FC GROUP A GP W D L GF GA Pts Ethiopia 5 4 1 0 8 3 13 South Africa 5 2 2 1 8 4 8 Botswana 5 1 1 3 5 8 4 Central African Repu 5 1 0 4 4 10 3___
GROUP B GP W D L GF GA Pts Tunisia 5 3 2 0 10 6 11 Cape Verde Islands 5 2 0 3 8 9 6 Sierra Leone 5 1 2 2 7 8 5 Equatorial Guinea 5 1 2 2 9 11 5___
GROUP C GP W D L GF GA Pts Ivory Coast 5 4 1 0 14 4 13 Morocco 5 2 2 1 8 7 8 Tanzania 5 2 0 3 8 10 6 Gambia 5 0 1 4 2 11 1___
GROUP D GP W D L GF GA Pts Ghana 5 4 0 1 16 2 12 Zambia 5 3 2 0 10 2 11 Sudan 5 0 2 3 2 11 2 Lesotho 5 0 2 3 1 14 2 Friday, Sept. 6Ghana vs. Zambia, 1600 GMT
___
GROUP E GP W D L GF GA Pts Congo DR 5 3 1 1 5 1 10 Burkina Faso 5 3 0 2 6 4 9 Gabon 5 2 1 2 5 5 7 Niger 5 1 0 4 4 10 3___
GROUP F GP W D L GF GA Pts Nigeria 5 2 3 0 5 3 9 Malawi 5 1 4 0 4 3 7 Namibia 5 1 2 2 2 3 5 Kenya 5 0 3 2 3 5 3___
GROUP G GP W D L GF GA Pts Egypt 5 5 0 0 12 5 15 Guinea 5 3 1 1 10 4 10 Mozambique 5 0 2 3 1 9 2 Zimbabwe 5 0 1 4 3 8 1___
GROUP H GP W D L GF GA Pts Algeria 5 4 0 1 12 4 12 Mali 5 2 2 1 7 6 8 Benin 5 1 2 2 6 9 5 Rwanda 5 0 2 3 3 9 2___
GROUP I GP W D L GF GA Pts Libya 5 2 3 0 5 2 9 Cameroon 5 2 1 2 4 5 7 Congo 5 1 3 1 2 1 6 Togo 5 1 1 3 4 7 4___
GROUP J GP W D L GF GA Pts Senegal 5 2 3 0 8 4 9 Uganda 5 2 2 1 5 5 8 Angola 5 0 4 1 4 5 4 Liberia 5 1 1 3 3 6 4___
CONCACAF GP W D L GF GA Pts United States 6 4 1 1 7 3 13 Costa Rica 6 3 2 1 7 3 11 Mexico 6 1 5 0 3 2 8 Honduras 6 2 1 3 6 7 7 Panama 6 1 3 2 5 7 6 Jamaica 6 0 2 4 2 8 2 Saturday, Sept. 7Mexico vs. Honduras, 0130 GMT
Costa Rica vs. United States, 0200 GMT
Panama vs. Jamaica, 0200 GMT
___
CONMEBOL GP W D L GF GA Pts Argentina 13 7 5 1 25 9 26 Colombia 12 7 2 3 21 7 23 Ecuador 12 6 3 3 17 12 21 Chile 13 7 0 6 21 21 21 Uruguay 12 4 4 4 18 21 16 Venezuela 13 4 4 5 10 14 16 Peru 12 4 2 6 12 17 14 Bolivia 13 2 4 7 15 24 10 Paraguay 12 2 2 8 9 23 8 Friday, Sept. 6Colombia vs. Ecuador, 2030 GMT
Paraguay vs. Bolivia, 2230 GMT
Saturday, Sept. 7Chile vs. Venezuela, 0030 GMT
Peru vs. Uruguay, 0230 GMT
___
OCEANIA GROUP A GP W D L GF GA Pts ap-New Zealand 6 6 0 0 17 2 18 New Caledonia 6 4 0 2 17 6 12 Tahiti 6 1 0 5 2 12 3 Solomon Islands 6 1 0 5 5 21 3___
UEFA GROUP A GP W D L GF GA Pts Belgium 7 6 1 0 13 2 19 Croatia 7 5 1 1 10 4 16 Serbia 7 2 1 4 9 9 7 Wales 6 2 0 4 6 14 6 Scotland 7 1 2 4 4 9 5 Macedonia 6 1 1 4 3 7 4 Friday, Sept. 6Serbia vs. Croatia, 1845 GMT
Scotland vs. Belgium, 1900 GMT
Skopje, MacedoniaMacedonia vs. Wales, 1700 GMT
___
GROUP B GP W D L GF GA Pts Italy 6 4 2 0 12 4 14 Bulgaria 6 2 4 0 11 4 10 Czech Republic 6 2 3 1 6 4 9 Armenia 6 2 0 4 6 8 6 Denmark 6 1 3 2 6 9 6 Malta 6 1 0 5 2 14 3 Friday, Sept. 6Czech Republic vs. Armenia, 1600 GMT
Malta vs. Denmark, 1800 GMT
Italy vs. Bulgaria, 1845 GMT
___
GROUP C GP W D L GF GA Pts Germany 6 5 1 0 22 7 16 Austria 6 3 2 1 15 5 11 Sweden 6 3 2 1 11 7 11 Ireland 6 3 2 1 12 10 11 Kazakhstan 6 0 1 5 2 15 1 Faeroe Islands 6 0 0 6 2 20 0 Friday, Sept. 6Kazakhstan vs. Faeroe Islands, 1500 GMT
Germany vs. Austria, 1845 GMT
DublinIreland vs. Sweden, 1845 GMT
___
GROUP D GP W D L GF GA Pts Netherlands 6 6 0 0 20 2 18 Hungary 6 3 2 1 13 8 11 Romania 6 3 1 2 10 10 10 Turkey 6 2 1 3 7 7 7 Estonia 6 2 0 4 3 9 6 Andorra 6 0 0 6 0 17 0 Friday, Sept. 6Romania vs. Hungary, 1800 GMT
Turkey vs. Andorra, 1800 GMT
Estonia vs. Netherlands, 1830 GMT
___
GROUP E GP W D L GF GA Pts Switzerland 6 4 2 0 8 1 14 Albania 6 3 1 2 7 6 10 Iceland 6 3 0 3 8 9 9 Norway 6 2 2 2 7 7 8 Slovenia 6 2 0 4 8 10 6 Cyprus 6 1 1 4 4 9 4 Friday, Sept. 6Norway vs. Cyprus, 1700 GMT
Slovenia vs. Albania, 1830 GMT
Switzerland vs. Iceland, 1830 GMT
___
GROUP F GP W D L GF GA Pts Portugal 7 4 2 1 12 6 14 Russia 6 4 0 2 8 2 12 Israel 6 3 2 1 15 8 11 Northern Ireland 6 1 3 2 4 7 6 Azerbaijan 7 0 4 3 3 9 4 Luxembourg 6 0 3 3 3 13 3 Friday, Sept. 6Russia vs. Luxembourg, 1430 GMT
Northern Ireland vs. Portugal, 1845 GMT
___
GROUP G GP W D L GF GA Pts Bosnia-Herzegovina 6 5 1 0 23 3 16 Greece 6 4 1 1 7 4 13 Slovakia 6 2 3 1 7 5 9 Lithuania 6 1 2 3 4 8 5 Latvia 6 1 1 4 6 14 4 Liechtenstein 6 0 2 4 3 16 2 Friday, Sept. 6Latvia vs. Lithuania, 1810 GMT
Bosnia-Herzegovina vs. Slovakia, 1815 GMT
Liechtenstein vs. Greece, 1845 GMT
___
GROUP H GP W D L GF GA Pts Montenegro 7 4 2 1 14 7 14 England 6 3 3 0 21 3 12 Ukraine 6 3 2 1 10 4 11 Poland 6 2 3 1 12 7 9 Moldova 7 1 2 4 4 11 5 San Marino 6 0 0 6 0 29 0 Friday, Sept. 6Ukraine vs. San Marino, 1800 GMT
Poland vs. Montenegro, 1845 GMT
England vs. Moldova, 1900 GMT
___
GROUP I GP W D L GF GA Pts Spain 5 3 2 0 8 2 11 France 5 3 1 1 8 4 10 Finland 5 1 3 1 4 4 6 Georgia 5 1 1 3 3 7 4 Belarus 6 1 1 4 4 10 4q-Qualified
ap-Advanced to playoff
Friday, Sept. 6Georgia vs. France, 1815 GMT
Finland vs. Spain, 1830 GMT
News Topics: International soccer, Soccer, Sports, Men's soccer, Professional soccer, FIFA World Cup, Men's sports, EventsPeople, Places and Companies: Macedonia, Dublin, Slovakia, West Africa, Skopje, Estonia, Turkey, Zambia, Ghana, Montenegro, Middle East, Uzbekistan, Moldova, Latvia, Southern Africa, Kazakhstan, North Africa, East Africa, Malta, Oceania, Andorra, Faroe Islands, Liechtenstein, San Marino, Eastern Europe, Europe, Ireland, Western Europe, Africa, Central Asia, Asia
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. This article is published under the terms of the News Licensing Group, LLC. privacy policy, in addition to the terms of use and privacy policy for this website.
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Greek FM shows keenness on boosting ties with Egypt: FM
Greece supports the interim Egyptian government and believes that Egypt's stability is the cornerstone for peace and stability in the Middle East, he added. He further said that he will brief officials at the European Union on the situation in Egypt ...
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10 Things You Need To Know Before The Opening Bell (DIA, SPY, QQQ)
Good morning! Here's what you need to know.
With the exception of Japan's Nikkei, which closed down -1.45%, Asian markets finished higher. Australia's S&P/ASX gained 0.05%, Korea's Kospi was up 0.19% and Hong Kong's Hang Seng climbed 0.10%. European markets were lower across the board, with London's FTSE trailing most at -0.63%. U.S. futures were all pointing higher. Guess what day it is!? That's right, non-farm payrolls for August come out at 8:30. The economy is expected to have added 175,000 versus 162,000 in July, with the unemployment rate remaining unchanged and a slight uptick in hourly earnings. Oil and the dollar were trading higher, while gold is falling, in advance of the report. US crude futures were up 0.32%, while the dollar basket index was near highs not seen since the end of July at around 82.57. Gold was down -0.39%. Some analysts revised their NFP projections upward after an unexpectedly strong ISM manufacturing print this week. Here's JPM's Michael Feroli: "The August ISM nonmanufacturing index defied expectations for a modest decline and instead surged another 2.6 points to 58.6, the highest level since late 2005. The strong headline number was matched by solid details in most of the sub-indices: business activity climbed almost two points to 62.2, new orders were up almost three points to 60.5, and the employment index jumped almost four points to 57.0. While the employment data earlier in the morning were mixed, this report suggests a bit of upside risk to tomorrow's BLS report." The yield on the U.S. 10-year bond breached 3% for the first time since July 2011 just before 5 pm yesterday. It's fallen back below that level this morning, but could jump on a stronger jobs report, which could give the Fed more ammunition to begin tapering its bond-purchasing program. The Mexican peso and Chinese yuan bounced the Swedish krona and Hong Kong dollar to round out the top 10 most-traded currencies in the Bank of International Settlements' latest triennial survey. The dollar, Euro and yen have held the top-three spots since 2001. Friday's European data wasn't great. German exports showed a surprise drop, while the UK's July industrial output missed forecasts and its trade deficit widened. On the bright side, UK home prices saw their seventh-straight month of gains, and French consumer confidence increased. Greece will need a third bailout, Eurozone finance minister chair Jeroen Dijsselbloem said. WSJ's Matina Stevis writes: "Mr. Dijsselbloem, who was speaking at the European Parliament in Brussels, said it was "clear that despite recent progress" in Greece, the country wouldn't be able to fully finance itself from borrowing in the capital markets at the end of its [current] bailout, in late 2014." An agreement is expected to emerge from this week's G-20 meeting that would prevent multinational firms from operating subsidiaries designed solely to shield them from tax burdens. The New York Times' Andrew E. Kramer writes: "The effort at tax reform, if enacted widely, would squeeze more money from multinational corporations and shift a portion of the global tax burden from individuals and small businesses to large corporations. The proposal is for countries to better coordinate tax treaties to close loopholes that multinational corporations exploit by registering in tax havens like Delaware or the Cayman Islands. Another tactic of concern is shifting profits to low-tax jurisdictions and costs to high-tax ones." After a sluggish start, the Denver Broncos trounced last year's Super Bowl-winning Baltimore Ravens 49-27 in the NFL's regular season opener. Broncos QB Peyton Manning completed 27 of 42 passes for 462 yards and a record-tying seven touchdowns, with 0 interceptions. The game would have been even more of a blowout if not for this.Join the conversation about this story »
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ECB Chief Draghi No Debt Cut For Greece
(Photo/Daniel Roland/AFP/Getty Images) ECB President Mario Draghi: We cannot do monetary financing." The head of the European Central Bank has ruled out handing Greece a debt relief lifeline, hours after the head of the Eurozone finance ministers admitted that Athens will need additional aid next year. ECB President Mario Draghi was adamant that the ECB would not participate in any debt ...
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PASOK ND Spat Rattles Coalition
Former Greek PM George Papandreou disses New Democracy Greece’s already-uneasy coalition government of Prime Minister Antonis Samaras, the New Democracy Conservative leader, and his reluctant partner, PASOK Socialist leader Evangelos Venizelos took another shot when PASOK leaders – including Venizelos – criticized former ND leader and premier Costas Karamanlis. Led by former ...
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PM to hint at relief in speech in Thessaloniki on Saturday morning
Prime Minister Antonis Samaras is to make his traditional speech to entrepreneurs at the Thessaloniki International Fair on Saturday morning and is expected to hint at possible relief for Greeks on low incomes.The premier, who is to address businessmen in the morning and not in the traditional evening speech, will reportedly try to reassure entrepreneurs, and citizens in general, that ...
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Greek recession eases as tourism slows GDP contraction
Travel agents said the surge in tourists had also been a result of many people shunning northern African nations such as Egypt for security reasons. Greece's tourism industry expects a turnover jump of 10 percent this year, with the sector accounting for ...
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Greek Second-Quarter GDP Contracted Less Than Initial Estimate
Greece’s economy contracted the least in three years in the second quarter, beating an initial estimate on an improved performance in trade and tourism. Gross domestic product fell a revised 3.8 percent from a year earlier, compared with a 5.6 ...
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Tourists help ease Greek recession
Tourists visiting Greece for their summer holidays have given a big unexpected boost to the recession-hit Greek economy, official data showed on Friday. The latest figures are in line with signs that the extremely deep recession in Greece is easing ...
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Coptic Christians In Egypt Still Persecuted, Still Hopeful
(RNS) Former Archbishop of Canterbury Rowan Williams took Britain’s Christian community to task last month when he said that Western Christians need to “grow up” and stop claiming they are persecuted just because they are sometimes made to feel uncomfortable about their faith.
“When you have any contact with real persecuted minorities you learn to use the word persecuted very chastely,” he said.
Persecution has undeniably become the plight of Christians in Egypt, where, the same week that Williams made his comments, more than 30 churches were attacked — many of them burned to the ground — and the Coptic patriarch, Pope Tawadros II, suspended weekly public events due to safety concerns. Since then, the toll of churches that have been ransacked or worse has risen to more than 90.
And yet, many of Egypt’s Christians have refrained from claiming they are persecuted in recent days. How can that be?
As the largest and one of the oldest in the Middle East, Egypt’s Christian community has significance far beyond the country’s borders. It is a bellwether for other religious minorities, not just Christian, in both Egypt and the greater region.
Christianity came to Egypt around 42 A.D. when the Apostle Mark founded a church in Alexandria, now officially known as the Coptic Orthodox Church of Alexandria; its line of patriarchs has been unbroken since. By the fifth century, the majority of Egyptians were Christians. It wasn’t until several centuries after the Arab conquest of 641 that Islam became the country’s predominant religion.
To get a sense of what an integral part of the Egyptian national fabric Copts are, one need only look at the name itself; the word Copt is based on the ancient Greek word for Egyptian. Today, this homegrown minority, which traces its roots back to the Pharaohs, makes up an estimated 10 percent of the population in Egypt.
For the most part, Copts and Muslims say they live together peacefully. And yet, the fault lines revealed in recent days have been present since the beginning of Christian-Muslim relations in Egypt. Copts have suffered discrimination almost continuously under Egypt’s many rulers, albeit to varying degrees.
In the decades leading up to the overthrow of the monarchy by Gamal Abdel Nasser in 1952, Copts enjoyed what is known as their golden era. The country was in the midst of one of the most liberal periods in its history. It had a democratically elected parliament and Christians were leaders in government, business, media and many other sectors of society.
Even then, though, Copts were not treated equally under the law — although much of the oppressive legislation that was on the books wasn’t enforced. Still, Christians have long been — and are still —required to get official approvals to build churches, which have been notoriously slow to be granted, and are barred from holding high-level positions in key institutions.
The revolution of 2011 brought with it the possibility of a new era for Copts; one in which they might finally enjoy equal rights. Instead, their worst fears came true, and the new constitution of 2012 was more Islamically rigid.
When, in late June of this year, the call came to take to the streets and push for the ouster of Muslim Brotherhood-affiliated President Mohammed Morsi , Copts were there in force, along with many non-Brotherhood-affiliated Muslims who felt their concerns had been marginalized.
As Defense Minister Gen. Fattah al-Sisi made his televised announcement about the removal of Morsi, Pope Tawadros appeared on stage with the general, along with the grand sheikh of Cairo’s Al Azhar, who is considered the highest authority of Sunni Islamic thought.
Morsi supporters then took to the streets, staging a prolonged sit-in at Rabaa al-Adewaya mosque. The army’s subsequent dispersal resulted in the bloodiest day in Egypt’s modern history. More than 1,000 people were killed during the clearing of the sit-in, the vast majority of them supporters of the Muslim Brotherhood.
In an already polarized Egypt, that was all it took to unleash the most sustained and virulent wave of aggression against Copts in living memory. While attacks against Copts had been on the rise for some time — Christians were already fleeing Egypt in ever-growing numbers — the carnage at Rabaa poured fuel on the fire.
Within 24 hours, scores of Coptic churches, monasteries, shops, schools, clubs and orphanages had been plundered and burned, and Christians were attacked and threatened. The intense violence continued in the following days and, while their frequency has abated, the attacks continue.
What prevents Christians in Egypt from saying they are being persecuted is that they regard the recent spate of attacks as terrorism carried out by radicals, not systematic persecution being perpetrated by the government. If anything, though the threat to their physical well-being has increased, they feel that, overall, their situation has taken a turn for the better.
In contrast to the brief period of Morsi’s regime, when the ruling party’s goals were clearly religiously defined, Egypt has entered a new moment of Christian-Muslim solidarity, because Copts and moderate Muslims are united in their opposition to radical and political Islam. And with the amending of the 2012 constitution now underway, Copts are, once again, hopeful the day is coming when they can exist and worship freely in their homeland.
(Monique El-Faizy is an independent journalist based in Cairo.)
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BC-AP--AP Europe News Digest at 1100 GMT, AP
by
Associated Press
BC-AP--AP Europe News Digest at 1100 GMT, AP
Associated Press - 6 September 2013 07:12-04:00
TOP STORIES IN EUROPE ON FRIDAY, SEPTEMBER 06, 2013:
G20-SYRIA
ST. PETERSBURG, Russia — President Barack Obama is using his last day in Europe to renew his quest for foreign support for a U.S. military strike in Syria. But three days after he left Washington, it's unclear whether the global coalition the president has been seeking is any closer to becoming a reality. By Josh Lederman.
AP photos.
NETHERLANDS-SREBRENICA
THE HAGUE, Netherlands — The Dutch Supreme Court rules that the Netherlands was liable for the deaths of three Bosnian Muslim men during the 1995 Srebrenica massacre, even though its forces there were part of a U.N. peacekeeping mission. The decision upheld a 2011 appeals court judgment that was seen as setting a worrying precedent for countries providing troops for United Nations peacekeeping forces, because it held the Dutch state responsible for events that happened during a U.N. mission. By Mike Corder. Moved 700 words.
AP Photos LON101-0713951800.
IRAN-NUCLEAR
BRUSSELS — The European Union's top court has thrown out sanctions that were imposed against several Iranian businesses for their alleged ties to the country's disputed nuclear program. The European Court of Justice in Luxembourg ruled on Friday that there was not sufficient evidence to justify the sanctions imposed by the 28-nation bloc on eight Iranian banks and companies. Upcoming by 1100 GMT. 600 words.
RUSSIA-SYRIA
MOSCOW — Russian state news agency Interfax is reporting that another Russian ship on the Black Sea has departed for Syria. Citing a source at navy headquarters, it says the landing ship left the Black Sea port of Sevastopol on Friday morning for the Eastern Mediterranean with "special cargo." 130 words.
CROATIA-OBIT-BUSIC
ZAGREB, Croatia — Zvonko Busic, a Croatian nationalist who served 32 years in prison in the U.S. for hijacking a plane and also planting explosives that killed a policeman, has committed suicide. He was 67. Police said Busic was found dead Sunday at his home in Rovanjska, near the coastal town of Zadar. They said he left a suicide note. Moved 270 words.
NSA CODE BREAKING
WASHINGTON — The National Security Agency, working with the British government, has secretly been unraveling encryption technology that billions of Internet users rely upon to keep their electronic messages and confidential data safe from prying eyes, according to published reports Thursday based on internal U.S. government documents. The NSA has bypassed or altogether cracked much of the digital encryption used by businesses and everyday Web users, according to reports in The New York Times, Britain's Guardian newspaper and the nonprofit news website ProPublica. The reports describe how the NSA invested billions of dollars since 2000 to make nearly everyone's secrets available for government consumption. By Jack Gillum. Moved 800 words.
AP Photos WX111-0708132040.
G20-SYRIA-AID
ST. PETERSBURG, Russia — While world powers argue over how to end Syria's civil war, Britain's prime minister and the U.N. chief are trying to get rich countries to pitch in more money to help its victims. Britain's David Cameron hosted a meeting of donor countries at the Group of 20 summit in St. Petersburg, Russia, on Friday. 130 words moved.
AP Photos VLM108-0906130811, VLM110-0906130809.
GERMANY-SECT-RAIDED
BERLIN — Police raided a Christian sect in southern Germany and took 40 children from them on allegations they were being physically abused, authorities said Friday. Bavarian police said the children of the so-called "Twelve Tribes" sect were taken into protective custody the day before as investigators look into allegations that they were being beaten and otherwise physically punished. 300 words. To be updated with more details.
BUSINESS AND FINANCE
G20-TAXING-MULTINATIONALS
ST. PETERSBURG, Russia — It's time to make Google, Apple and other multinational companies pay more taxes. That's the message from President Barack Obama and leaders of the world's other leading economies this week. The head of the Organization for Economic Cooperation and Development, Angel Gurria, told The Associated Press on Friday that the leaders signed on to the new tax plan at the Group of 20 summit in St. Petersburg, Russia. By Angela Charlton. SENT 130 words, photos. UPCOMING: to be updated around 1230 GMT to about 600 words
IRELAND-FINANCIAL-CRISIS-
DUBLIN — The Irish government says it wants the European Union to grant it a new precautionary line of credit worth a potential 10 billion euros ($13 billion) to ease its planned exit this year from an international bailout. Finance Minister Michael Noonan says Ireland wants the credit line only as a safeguard "to give confidence to our lenders." By Shawn Pogatchnik. SENT 130 words. UPCOMING: to be updated around 1200 GMT to about 500 words
WORLD MARKETS
LONDON — Stock markets were tentative Friday ahead of the latest U.S. jobs report, the most important monthly indicator for the world's largest economy. Jitters remained over Syria's civil war and whether the U.S. would launch a punitive strike against President Bashar Assad's regime for a chemical attack against civilians in suburban Damascus last month. But at the G-20 summit of world leaders in Russia this week, President Barack Obama failed to garner much support for military intervention. By Carlo Piovano. SENT 520 words, photos. UPCOMING: to be updated 1250 GMT and 1350 GMT
GERMANY-ECONOMY
BERLIN — Germany's exports dropped unexpectedly in July and industrial production fell, even as the economies of the countries using the euro showed signs of improvement, according to two reports Friday. The Federal Statistical Office said German exports dropped 1.1 percent in July over June when adjusted for seasonal and calendar differences. Economists had predicted a 0.7 percent rise, the dpa news agency reported. SENT 223 words
GREECE-FINANCIAL CRISIS
ATHENS, Greece — High tourism revenues helped Greece's battered economy shrink less than initially estimated in April-June, making a projected exit from recession next year more likely. The country's statistical authority said Friday that the second quarter contraction was 3.8 percent, considerably better than last month's flash estimate of 4.8 percent. SENT 130 words
BRITAIN-BBC-PAYMENTS
LONDON — A war of words between media titans over who approved oversized severance payments to outgoing BBC executives is set to move into Parliament. BBC Trust Chairman Chris Patten said Friday he is looking forward to Monday's parliamentary inquiry. SENT 130 words.
SPORTS
SOC--WCUP-EUROPEAN ROUNDUP
Germany, Italy and the Netherlands will move to the brink of qualification for the 2014 World Cup with victories in group matches on a busy night of European qualifying in which France and Spain play away games as they continue to slug it out atop Group I. With separates. By Steve Douglas.
CAR--F1-ITALIAN GP
MONZA, Italy — Lewis Hamilton posts the fastest time in the first practice session for the Italian Grand Prix, with championship leader Sebastian Vettel fourth quickest. By Daniella Matar.
ATH--VAN DAMME MEMORIAL
BRUSSELS — Self-proclaimed living legend Usain Bolt closes out his 2013 season with a 100 against Justin Gatlin in the Van Damme Memorial. By John Leicester.
News Topics: General news, Summits, Economy, News industry, Financial crisis, G-20 Summit, Government and politics, Computer and data security, Peacekeeping forces, National security, Intelligence agencies, International relations, Business, Media industry, Media and entertainment industry, Industries, Financial markets, Events, Computing and information technology, Technology, Armed forces, Military and defensePeople, Places and Companies: Barack Obama, Bashar Assad, Chris Patten, Saint Petersburg, Europe, Russia, Netherlands, United Kingdom, Croatia, Germany, Syria, United States, Greece, Eastern Europe, Western Europe, Middle East, North America
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Greece’s Nova secures Euroleague rights package
Greek pay TV provider Nova has secured a package of rights to the Euroleague, Europe’s top club basketball competition. Nova, the biggest digital satellite pay-TV platform in Greece, has signed a three-year deal and will broadcast games until the end of ...
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Greek economy shrinks at smallest pace since 2010 in second quarter
Greece does not publish official quarter-on-quarter changes in gross domestic product. "We expect a similar picture in the third quarter. Following this result, the target of a contraction of 4.2 percent for the full year is perfectly feasible ...
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Greek economy shrinks at smallest pace since 2010 in Q2, helped by rebound in tourism
Economy contracts 3.8 pct, vs pvs 4.6 flash estimate * Tourism rebounding * Imports fall sharply as domestic demand still weak ATHENS, Sept 6 (Reuters) - Greece's economy shrank 3.8 percent in the second quarter, the smallest annual decline in ...
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Greece turning the corner, but UK trade gap widens
financial@theguardian.com Report errors or inaccuracies: userhelp@theguardian.com Letters for publication should be sent to: letters@theguardian.com Germany has reported a sharp fall in industrial production during July. Output across German ...
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Revised Greek Data Shows Shallower Recession
ATHENS--Revised Greek data showed a shallower recession than previously estimated in the second quarter of the year, figures from statistical agency Elstat showed Friday. Gross domestic product contracted 3.8% in the first quarter of the year ...
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Greek tourism boost leads to milder 2nd quarter recession than initially estimated
High tourism revenues helped Greece's battered economy shrink less than initially estimated in April-June, making a projected exit from recession next year more likely.
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Tourism Helps Slow Greek Recession in 2nd Quarter
High tourism revenues helped Greece's battered economy shrink less than initially estimated in April-June, making a projected exit from recession next year more likely. The country's statistical authority said Friday that the second quarter ...
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Wine Harvest in Greece Through The Eons
Grapes are made into wine, which is sometimes added to drinking water to improve its quality ... philosophers and the lives of everyday people. Many festivities were held in honor of Dionyssus. A celebration of wine known as Anthestiria or ...
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Liechtenstein vs. Greece World Cup 2014 Qualifiers: Live Stream, Score, Preview, Predictions, Schedule
The top team in each UEFA group will move on the World Cup Finals next summer. The second place team will be placed into a lottery where it will be drawn into a matchup with another second place team. Both sides will compete in a two-legged ...
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LINC vs. GREEK: Week 1 NFL Breakdown
UNDATED (AP) -- Basketball Hall of Famer Chris Mullen has been hired as an adviser by the Sacramento Kings. Mullen was the general manager of the Warriors from 2004-09. He was a five-time All-Star with Golden State, a member of the USA's gold ...
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