Welcome, 77 artists, 40 different points of Attica welcomes you by singing Erotokritos an epic romance written at 1713 by Vitsentzos Kornaros
Tuesday, October 29, 2013
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How Milwaukee Bucks 1st Round Pick Went From Selling Hats On The Street To The NBA
In the 2013 NBA draft, the Milwaukee Bucks drafted Giannis Antetokounmpo with the 15th overall pick. Compared to his fellow draftees, Giannis went through a very difficult journey to get to the NBA.
The 18-year old Antetokounmpo was born in Athens. Giannias and his family were illegal immigrants because parents emigrated from Nigeria in 1991. They lived in poverty
The family lived in Greece for almost 20 years without citizenship which made work, and a place to live hard to come by. His parents, Charles and Veronica, had to move from place to place to avoid police and immigration control officers for fear they would get deported. He told OnMilwaulkee.com:
"For 20 years they were illegal. It's very hard to live for 20 years without papers...At any moment, the cops can stop you and say come over here and let me send you back to your country."
Giannis and his four brothers, Thanassis, Kostas, and Alex, would help their parents with money for food and rent by selling various items in the streets. The four brothers would sell DVDs, hats, bags, and sunglasses.
Luckily basketball changed everything. In their spare time, Giannis and his brothers would play basketball together. One day Greek coach Spiros Velliniatis noticed Giannis and helped him sign with the Greek national team. Giannis was then eventually able to gain Greek citizenship.
This year, he was taken 15th in the NBA draft and he told OnMilwaulkee.com:
"I still can't believe this is happening. It'll be nice that family can be here and be away from anything that's happening in Greece. But I love my country. Greece is my country."
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Camille Grammer 'to file abuse claims against Greek boyfriend'
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Camille Grammer 'to file abuse claims against Greek boyfriend'
Briton missing since toddler not in Cyprus: DNA tests
Nicosia (AFP) - Cypriot police said Tuesday that DNA tests disprove claims that a British man believed kidnapped as a toddler on the Greek island of Kos in 1991 was sighted in Cyprus.
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Ben Needham's family told Cypriot man not their son
Police say man who presented himself for DNA test is definitely not British toddler who went missing on Kos, in 1991
The family of Ben Needham, the toddler who disappeared on the Greek island of Kos 22 years ago, have learned that a man who presented himself for DNA testing to police is not their son.
On the day of Ben's 24th birthday, the family said they remained "strong and resolute" and would continue to search for Ben. They confirmed in a post on the official Help Find Ben Needham Facebook page that a man who was thought to look like reconstructions of their missing son, was unrelated to them.
The post said: "The Needham family have, in the last few minutes … had confirmation that the DNA results on the man in Cyprus have come back as negative. This, again, is more disappointment for Kerry and her family.
"However, they remain strong and resolute in their search for Ben, and there are other leads currently being looked into which keeps their hopes alive."
Authorities in Cyprus said it was beyond any doubt that the young man did not bear any relationship to Ben. "The DNA result was negative," police officer Yannos Petrides told the Guardian from Nicosia, the Cypriot capital. "Genetic profiling has proved beyond any doubt that he does not have relationship to Ben Needham. We want everyone to know this."
The investigation began when the district attorney on Kos, the island where Needham went missing 22 years ago, was presented with a video showing a young man, bearing a resemblance to the Briton, attending a wedding in a Roma camp outside Limassol, on Cyprus.
The video had been sent by an anonymous source to the head of the lawyers association on Kos. The sender was only prepared to say that he had been inspired to hand over the material when his "conscience was awakened" by the discovery of another little girl, known as Maria, in a Roma camp in central Greece.
The focus of a worldwide investigation, the blonde, blue-eyed child came to embody the plight of missing children internationally before DNA tests proved that a 38-year-old Roma woman in Bulgaria was her real mother. The woman subsequently told police she had been too poor to take care of the girl after she had given birth to her in a hospital in Greece and so had handed her over to another Roma couple when she was seven months old.
Police on Kos insisted on Tuesday that the search for Ben would continue. Last October, South Yorkshire police, in collaboration with the local force, aided by hi-tech sonar equipment and dogs trained in tracking human remains excavated the site on the Aegean island where the toddler went missing.
The investigation, the biggest ever conducted to crack the mystery of the missing Briton, was ultimately fruitless after police announced that no human remains were found in the area.
"But we have not given up hope. We are still working very closely with British police," said a police officer speaking on condition of anonymity. "The inquiry is ongoing."
The toddler, who was 21 months old, went missing on 24 July 1991, after travelling to Kos with his mother, Kerry, and grandparents, Eddie and Christine. Kerry was working behind the bar of a hotel and living on her own in a flat near her family. On the day Ben went missing, Kerry was at work, her son being looked after by her family at the farmhouse being renovated by her father in the village of Iraklis.
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NSA spying on Europe gives the US more intelligence, but not better
European leaders' outrage is synthetic; we're all in this game. But the NSA's data collection power is not necessarily an advantage
As a US diplomat and UN official, I operated with the certain knowledge that the host country intelligence service – and, possibly, other services – listened to my calls. And as for anyone else, many of these calls dealt with personal matters. So, I have sympathy for Europeans who are outraged by revelations that the NSA invaded their privacy by monitoring hundreds of millions of calls.
But how serious is the invasion of privacy? The NSA can vacuum up huge quantities of data but that doesn't mean it is useful. Most of us lead lives that are of no interest to any intelligence agency and, even for persons of interest, most conversations and email are of no intelligence value. I always felt sympathy for the Croatian analysts who reviewed recorded conversations from my residence phone. Even excluding the conversations between my teenage son and his friends, most of the calls would have been inconsequential and boring. Even I fell asleep on some of my calls. For most of us, the sheer volume of data gathered by the NSA is the best assurance of privacy.
Europeans are mindful – in a way Americans, with their different history, are not – of how totalitarian regimes maintained extensive files on their citizens and, more importantly, how they used the data. An unguarded comment in an intercepted phone call could lead to a concentration camp or gulag, or worse.
And not only the speaker was at risk. A listener who failed to report on the speaker might meet the same fate. And even those who informed could be deported for consorting with a state enemy.
The NSA is a big, well-funded intelligence agency but it has no means to deport anyone. And even if the NSA intercepts uncover criminal activity, intercepts gathered without a warrant cannot be used in a criminal proceeding in the United States or any European country (except, possibly, Belarus).
I have less sympathy for European leaders who are "shocked" to learn that the US is eavesdropping on them. Europeans also spy on Americans and, in the case of the French, this is well-documented. Some have suggested that European leaders are mostly outraged because their collection capabilities do not match America's. (In this regard, British officials have been tellingly quiet.)
But it may also be that European agencies do it quite well. There is, however, no European version of Edward Snowden to tell us. And if Angela Merkel uses an unsecured cellphone, she should not be surprised that the NSA intercepts it.
But it may not just be the NSA: I suspect her text messages and phone calls may be of far greater interest to Greek intelligence than to the US. (And I would be amazed if Germany's intelligence agency, the BND, was not tapping the phones of the US ambassador and CIA station chief in Berlin.)
Europeans might imagine that this intelligence-gathering gives the US an enormous advantage in the conduct of its foreign policy, but that is not necessarily the case. Phone calls, emails, and text messages have to be interpreted in context. When Chancellor Merkel texts her defense minister, she is communicating in a form of code. To break the code – that is, to comprehend fully the meaning of the words – the analyst needs to understand the personal and political relationship between the two, as well as all the previous discussions and decisions on the issue. But the analyst is never someone who knows Merkel or her minister and, however good their knowledge of Germany might be (and quite often, it is not that good), this is not the same as knowing the people involved.
Ironically, the more important the intelligence target, the less experience those analyzing the intelligence actually have. One reason US intelligence on Iraq was so dramatically wrong before the 2003 war is that the analysts had never been there and therefore had no feel for the country. Intercepts only tell you so much, but because the US government pays so much to get this information, it has a weight in the policy-making process that is often unwarranted.
I experienced this firsthand as US ambassador to Croatia during the Croatia and Bosnia wars. At critical junctures in these wars, the CIA misestimated Croatian intentions and capabilities. In making their assessments, CIA analysts relied heavily on the NSA's electronic intercepts, as well as paid spies and other intelligence sources.
Of course, I saw this information but I also relied on what Croatian leaders told me and on what I observed on the ground. But because the US government paid billions for its intelligence, I had a hard time persuading Washington that the intelligence was wrong, even when it deviated from common sense.
In the field of intelligence, more is not necessarily better. In order to collect, analyze and use the vast quantities of data, the US government provides security clearances to hundreds of thousands of government employees and contractors. The Obama administration is in its current mess because Booz Allen Hamilton, a contractor doing billions of dollars of secret work for the government, gave a troubled 29-year-old high school graduate access to a vast array of secrets.
The system is in need of reform and the smaller, more agile European services may be a model. After all, espionage is not just about collecting secrets but also keeping them.
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7 Questions About The Puerto Rican Debt Crisis You Were Too Embarrassed To Ask
Puerto Rico is in serious trouble.
The economy has been in and out of recession, and at 13.5%, its unemployment rate is painfully high.
Last week, The Economist compared the island's economic crisis to the situation to Greece as the country undergoes further rounds of austerity.
Puerto Rico's story is an important one, and it matters more than many Americans can appreciate.
We answer the seven basic questions you might have about Puerto Rico:
1) A lot of the U.S. states are in the dumps economically, so why are we now talking about Puerto Rico?It's recently become very expensive for Puerto Rico to borrow money. Puerto Rico's bonds are trading at about 60 cents on the dollar, and yields have climbed above 9%, according to Reuters. They're rated just above investment grade with a negative outlook.
This is much higher than what the states face.
That's never good, but it's really bad for Puerto Rico, which is unusually dependent on deficit financing, meaning borrowing money to pay the bills.
Because the island's securities are tax exempt, bond investors around the world and especially in the U.S. have for years catered to the island's debt financing habit.
2) Does this mean Puerto Rico is the next Detroit?In a way. People are now saying Puerto Rico could default.
However, unlike Detroit, it cannot file for Chapter 9 municipal bankruptcy protection — the law treats it like a U.S. state.
So the specter of a federal bailout is now being raised.
3) Seriously? A bailout?Seriously. Puerto Rico's banks already received bailout funds 2010. Only last week was Banco Popular, the island's largest financial institution, able to ask the Fed whether it was eligible to exit TARP.
The island itself was in talks to get a bailout in 2009.
4) How did everything go so wrong?The Puerto Rican economy has been in and out of recession since 2006, when an earlier fiscal crunch caused San Juan to shut down (yup, they're an American territory alright). That was also the same year federal tax breaks for an experiment designed to pump up the island's manufacturing sector expired.
But the island has never been terribly competitive. The island's labor force participation hovers around 40%, and the public sector accounts for 20% of all employment.
The Great Recession did not help matters. Three Puerto Rican banks went under as the world's travelers couldn't afford to vacation to the island nation.
Everything came to a head this summer as unemployment hit a 2-year high and an index measuring Puerto Rican economic activity shrank 5.4% in August, the biggest drop since 2010, Bloomberg's Michelle Kaske says.
That helped send bond yields spiking to record highs, triggering the current crisis.
5) Alright, I get it, it's bad. But still, this couldn't possibly affect me, right?Maybe. But if you live in the United States, the chances that you or someone you know have pensions exposed to Puerto Rican debt.
As we mentioned, Puerto Rico's tax-exempt bonds have (until now) been very popular with U.S. muni funds: about three-quarters of them hold Puerto Rican securities.
And we don't even know the extent of the exposure within those funds: Bond Buyer reported last week the SEC was checking around to see copies of many muni funds' most recent stress tests.
So if Puerto Rico is unable to meet its obligations, it's likely you or someone you know is going to lose money.
Muni funds have already had their worst year ever, in part because of the Puerto Rican situation.
6) You now have my attention. What is the government doing about it?For now, Washington says it is "monitoring the situation."
In Puerto Rico itself, there have been successive administrations who have attempted to cut and tax the island out of default danger.
Current Governor Alejandro GarcÃa Padilla has successfully passed legislation that includes reinstating higher corporate tax rates, and imposing a new gross receipts tax.
He also raised the retirement age for state workers, upped pension contributions, and cut summer and Christmas bonuses.
That's actually a lot more than what some other states facing pensions crises, like Illinois, have done...
7) Ok, so if I want to keep following this story, what should I look out for?Unfortunately, Puerto Rico does not have an economic engine like Chicago to keep it afloat.
So, now we have to wait and see if the island can stomach austerity socially and economically.
And there are already signs it is struggling to do so: in the past few years, tens of thousands of people have left the island for better opportunities, mostly coming to the U.S.
We reported yesterday how the most recent round of cuts has caused a spike in theft of school property. Some have also blamed a recent, deadly bacterial outbreak at a public hospital on lack of necessary funds.
GarcÃa Padilla administration members have been aggressively making their case to investors and business leaders stateside — just this last week, the country's economic development minister came to New York to meet with executives at places like BlackRock and Pfizer — that its fiscal reforms are on track.
If you see any cracks emerge on this united front, you'll know the worst has only just begun.
SEE ALSO: The Three Questions Dominating Discussions On Wall Street
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This Great Bubble Chart Shows How Europe's Major Cities Have Fared Since The Financial Crisis
Since the financial crisis, European cities in stronger nations — like Poland, Turkey, and Germany — have seen significant growth, while cities in beleaguered countries like Greece and Italy have remained stagnant.
"But the range of performance within each nation indicates the extent to which cities are managing national economic constraints in very different ways," write the Centre for London's Greg Clark and Tim Moonen in a new report on European cities.
"Since 2007, the most dynamic major European city has been Istanbul, which recorded 10% growth in jobs and in gross value added (GVA) in the past five years. Other stand out performers are Warsaw, which has recorded the fastest GVA growth among European capitals (+16% since 2007), and Stockholm, which has recorded very impressive job and GVA results despite already having had one of the highest employment and GDP per capita figures in the continent," they wrote.
On the other end, Athens, Barcelona, and Naples have all floundered. Take a look at the chart from the report:
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