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| READ THE ORIGINAL POST AT www.oliveoiltimes.com |
How the world sees Greece
Wednesday, July 16, 2014
The Case of the Disappearing Greek Olive Oils
A two-year effort to study the effectiveness of Greek EVOO marketing abroad was recently released. Dimitris Karavasilis, international marketing consultant and founder of DK Consultants presented his self-funded research at the Food for Success conference ...
Trader's Alert: Netflix (NASDAQ:NFLX), Sirius XM Holdings (NASDAQ:SIRI), Priceline Group Inc ...
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| READ THE ORIGINAL POST AT www.wallstreetscope.com |
Greek police arrest wanted guerrilla in Athens
Greek police shot and wounded a prominent member of a guerrilla group after a chase and gunfight in central Athens on Wednesday in which a policeman and two tourists were also wounded. Nikos Maziotis was charged in 2010 over a series of attacks claimed by ...
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| READ THE ORIGINAL POST AT www.worldbulletin.net |
Greek Creditors Refine Debt-Cut Plans
Greece's international creditors are considering making debt relief for Athens conditional on reforms in a bid to keep a grip on the country's economic policies after its bailout program finishes.
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| READ THE ORIGINAL POST AT online.wsj.com |
Greece: Terror arrest after tourist area shooting
ATHENS, Greece (AP) — Greek police arrested one of the country's most wanted men — a fugitive convicted of terrorism — during a shootout Wednesday in Athens' central tourist district that left four people wounded, authorities said.
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| READ THE ORIGINAL POST AT news.yahoo.com |
A tragic Greek character gets a comedic revival in 'Medea's Got Some Issues'
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| READ THE ORIGINAL POST AT www.washingtonpost.com |
Greece Olympia Teacher and Coach Dies at age 50
Steven DeRooy spent 29 years coaching at Greece Olympia. Long-time Greece Central School District Physical Education Teacher Steven DeRooy died suddenly last night at age 50. DeRooy began his career in Greece in 1984 as the freshman basketball coach at ...
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| READ THE ORIGINAL POST AT www.rochesterhomepage.net |
Julian Assange: Swedish judge rules to uphold arrest warrant live
Live updates on ruling to uphold warrant that led to WikiLeaks founder spending two years in Ecuador's London embassy to avoid extradition over sexual assault allegations
5.16pm BST
Julian Assange's Swedish lawyer says he will appeal the court ruling to uphold the arrest warrant to the appellate court, reports Sven Grundberg, a Stockholm-based reported for the Wall Street Journal.
5.10pm BST
The arrest warrant for Julian Assange has been upheld by the court, which says that he is still suspected for rape and molestation.
Per Nyberg, a journalist at the court tweets:
#Assange is still suspected, with probable cause, of sex crimes. His detention order remains in place says judge Lena Egelin #Assange
This means the Swedish detention order stays put #Assange
5.04pm BST
The ruling is now imminent, says David Crouch at the court in Sweden, where it's back in session.
Meanwhile in London:
Back and white for Assange regardless of the Sweden verdict today. Met sergeant tells me: "He is going to get nicked, if he comes out."
4.57pm BST
The Guardian's Rob Booth is now also outside the Ecuadorian embassy in London, from where he tweets:
Pro-Assangistas outside the Ecuadorean embassy hoping for a glimpse of their hero pic.twitter.com/toof6CJSnh
Smattering of press at Ecuador embassy to see if Assange gets his arrest warrant lifted. More bemused tourists though pic.twitter.com/daSlx4BPsq
4.27pm BST
Radio Sweden (Sveriges Radio) reports that the judge's ruling will come around 6pm Swedish time (5pm BST).
4.14pm BST
This report on proceedings so far comes from news agency AFP:
A Swedish court began a hearing on Wednesday to determine if an arrest warrant against WikiLeaks founder Julian Assange for alleged sexual assault should be dropped.
A decision to cancel the warrant would be a step towards enabling the 43-year-old Australian to walk out of the Ecuadorian embassy in London, where he has been holed up for the past two years in a bid to avoid extradition to Sweden.
4.06pm BST
WikiLeaks supporters are indeed gathering outside the Ecuadorian embassy in London, as one tweets:
#WikiLeaks supporters have a message for the #Stockholm District Court: "Free #Assange" pic.twitter.com/GmEDgv6E95 via @greekemmy #Svpol
4.04pm BST
Prosecutors argue that the original reasons for the arrest warrant remain valid (see link below):
The Svea court of appeal has found Julian Assange on probable cause suspected of rape, unlawful coercion and sexual molestation in two cases. These suspicions remain in place and unchanged. The risk of evading criminal justice system remains high.
The question is whether the long period of time that has passed since the detention order can be considered proportional to Julian Assange continuing to be detained in his absence. The question is also what time frame should then be considered
3.51pm BST
My colleague David Crouch, who is in court in Stockholm, says the defence case took up most of the proceedings. Assange's lawyers claimed the WikiLeaks founder's asylum claim to Ecuador "had nothing to do with avoiding Swedish justice".
The link below is to the prosecutors' counter-arguments (in English):
The hearing was taken up mainly by the defence. Prosecutor it seems rehearsed the arguments set out in detail here: http://t.co/PDLwtg1H2J
3.37pm BST
A small crowd possibly some WikiLeaks supporters; undoubtedly plenty of journalists has begun to congregate outside the Ecuadorian embassy in London, where Assange has been holed up for over two years.
It is unclear whether he would be able to walk free from the building if the arrest warrant were to be lifted today. Assange himself has acknowledged that today's ruling even if it goes his way is only one step in his legal battle. And the prosecutors could decide to appeal the decision if the judge cancels the warrant. They will hold a press conference immediately after the judge's ruling to explain their next moves.
All eyes on the balcony...favoured by Mr. #Assange when he chooses to speak in public pic.twitter.com/eXbVNHypxR
3.23pm BST
Court hearing in Stockholm about Assange arrest warrant has come to and end. Judges are now at deliberations. Decision due soon.
3.22pm BST
Assange's lawyer Per Samuelsson tells the court the arrest warrant should be rescinded because it cannot be effected. It will not lead to Assange being transferred to Sweden in the near future, he says.
3.17pm BST
3.15pm BST
Julian Assange is not at the hearing he hasn't left the Ecuadorian embassy in London for more than two years but he was invited to attend by court officials, David Crouch reports:
Writing to him at an "address unknown", the court said valid reasons for not attending were problems with public transport, sudden illness, or unforeseen circumstances. It advised him to arrive in good time and "clear your pockets of metal objects and put them in the plastic bins provided".
3.04pm BST
The judge is now watching a video put together by WikiLeaks and introduced by Assange's lawyers as proof that his liberty would be threatened if he were to return to Sweden. In the video called Assassinating Assange; you can watch it below a succession of US politicians and officials criticise the WikiLeaks founder.
2.59pm BST
Earlier, the prosecution set out its reasons for maintaining the arrest warrant. It argues that:
Assange has been given all the evidence relevant to the case. The prosecution is not required to hand over everything.
Prosecutor says that it has acted in proportion with the allegations. "[Assange] is suspected for serious crimes," Ms. Isgren says.
Ingrid Isgren from Sweden's prosecutors' office says conducting interviews with Assange in London is impossible. He needs to come to Sweden.
Earlier for the prosecution, Ingrid Isgren said sexual crimes not amenable to interviews abroad - e.g. DNA swabs must be taken
2.53pm BST
Reporters in court in Stockholm say the judge has confirmed that there will be a decision today once the hearing has finished.
Lawyers for Assange have been making their case for the arrest warrant to be scrapped. They argue that:
"If the mountain won't come to Muhammad then Muhammad must go to the mountain." Assange lawyer argues Swedish authorities must go to London.
Lawyer Samuelsson criticises that the prosecutor has mobile text messages that the defence has not been given access to #Assange
#Assange lawyer reads from Ecuador's decision to grant Julian asylum,points to perceived risk of Sweden,UK or Australia extraditing JA to US
2.42pm BST
Key to this latest hearing is evidence held by the prosecution that Assange's team says should be made available to the defence.
David Crouch has this useful explainer:
Text messages sent by the two women plaintiffs were seen by defence lawyers in 2010, but copies of the messages were not issued to them. Assange has claimedthat text messages sent by one of his accusers show that she was ambiguous about his arrest and even opposed to it.
"The messages strongly suggest that there is no basis for the arrest and they are thus vital so that he [Assange] can effectively tackle the arrest warrant," the lawyers say in documents filed with Stockholm district court
2.35pm BST
My colleague David Crouch is at Stockholm city court for the hearing:
Thomas Olsson, one of Assange's lawyers, meets the press outside the courtroom - "confident" of victory pic.twitter.com/aEPntHXYq4
Inscribed on the court ceiling: "They who abuse their freedom do not deserve it." (1915) pic.twitter.com/9orKjlE2z0
The red light means closed doors. Judge Lena Egelin said she wanted to deal with this evidence first #assange pic.twitter.com/IWiHJrIDV7
2.31pm BST
A judge in Sweden is due to rule on an application made by lawyers for WikiLeaks founder Julian Assange to cancel the arrest warrant against him.
The warrant was issued in late 2010, following allegations of rape and sexual molestation by two women. Assange denies the allegations.
The legal challenge to the prosecutor was issued last month after a change to Swedish criminal procedures bringing them in line with an EU directive on the right to information in criminal proceedings
The prosecutor and Assange's lawyers have rehearsed their arguments in documents lodged with court. For Assange, Thomas Olsson and Per Samuelson argue in their latest submission this week that the allegations against Assange have insufficient basis in the plaintiffs' evidence to police, which was leaked to the Guardian in December 2010.
Assange has acknowledged that even if the Swedish prosecutors decide to drop the case, it is only one part of the legal battle that keeps him marooned at the embassy. "I still have the larger problem, which is that of the United States and its pending prosecution, and perhaps extradition warrant," he told reporters in a conference call in June.
Continue reading... |
| READ THE ORIGINAL POST AT www.theguardian.com |
Greek fugitive Nikos Maziotis held after Athens shootout
One of Greece's most wanted men has been arrested after a shootout in central Athens. The left-wing militant Nikos Maziotis was wounded along with a policeman and two bystanders, after allegedly taking part in an attempted robbery. Maziotis led the ...
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Fugitive militant arrested in Greece
One of Greece's most wanted men has been arrested after being wounded in a shootout in central Athens as he allegedly tried to rob a shop.
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Greece's Creditors May Demand Reforms
Greece's international creditors are considering making debt relief for Athens conditional on reforms in a bid to keep a grip on the country's economic policies after its bailout program finishes.
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| READ THE ORIGINAL POST AT online.wsj.com |
Disgusting Anti-Greek Racism Mars Yogurt Wars and Shames Us All
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| READ THE ORIGINAL POST AT gawker.com |
Greece's Creditors Mull Debt-Relief-for-Reforms Plan
That was when euro-zone countries, the main financers of the bailout, said they would find ways to bring Greece's debt down to a "sustainable" level, in part to counter IMF concerns. Debt targets were set at 124% of GDP by 2020 and "substantially below ...
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| READ THE ORIGINAL POST AT online.wsj.com |
Greek Police Arrest Terrorist Leader Nikos Maziotis
ATHENS—Greek police Wednesday arrested one of the country's most wanted terrorists after a shootout in Athens' central tourist district left four people wounded. Nikos Maziotis, leader of the terrorist group Revolutionary Struggle, was arrested at noon ...
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| READ THE ORIGINAL POST AT online.wsj.com |
GB water polo team lose to Greece in 'last tournament'
Great Britain's women's water polo team have lost the opening game of the European Championships, in what could be their last ever tournament. GB lost 9-7 to Greece in their first group game in Budapest, Hungary. UK Sport has cut the funding to water polo ...
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| READ THE ORIGINAL POST AT www.bbc.co.uk |
Morning Buzz – JPMorgan Chase & Co. (NYSE:JPM), AT&T Inc. (NYSE:T), Citigroup Inc (NYSE:C ...
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| READ THE ORIGINAL POST AT www.marketsinsider.com |
Police catch top Greek fugitive after shootout
Greek police on Wednesday said they had captured far-left extremist Nikos Maziotis -- one of the country's top fugitives -- after a shootout in central Athens. "Nikos Maziotis has been arrested," a police source said, adding that a police officer had been injured in an exchange of fire near the tourist district of Monastiraki. Maziotis himself, a leading member of defunct militant outfit ...
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| READ THE ORIGINAL POST AT news.yahoo.com |
Greece’s most wanted man arrested
Greek police on Wednesday said they had captured far-left extremist Nikos Maziotis - one of the country's top fugitives - after a shootout in central Athens. “Nikos Maziotis has been arrested,” a police source said, adding that a police officer had ...
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| READ THE ORIGINAL POST AT www.iol.co.za |
Vegetables discarded by Greece sold illegally in Bulgaria
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| READ THE ORIGINAL POST AT www.freshplaza.com |
Renewable energy
Greece's renewable energy sector has enormous potential, but legal and administrative obstacles have tripped up investors. While some small enterprises have prospered, major investment is still lacking. First, the good news: Since the outbreak of the debt ...
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| READ THE ORIGINAL POST AT www.dw.de |
Police catch one of Greece's top fugitives
AFP/AFP/File - Nikos Maziotis (R), a suspected member of the far-left extremist group Revolutionary Struggle, is pictured on October 5, 2011 outside Korydallos prison near Athens Greek police on Wednesday said they had captured far-left extremist Nikos ...
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| READ THE ORIGINAL POST AT uk.news.yahoo.com |
Greece: Terror fugitive arrested in Athens shootout; 4 wounded, including suspect
ATHENS, Greece - Greek police arrested one of the country's most wanted men — a fugitive convicted of terrorism — during a shootout Wednesday in Athens' central tourist district that left four people wounded, authorities said. It was not immediately ...
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| READ THE ORIGINAL POST AT www.whistlerquestion.com |
Greek terrorist arrested after Athens shootout
Greek police have arrested one of the country's most wanted men – a fugitive convicted of terrorism – after a shootout in the central tourist district of Athens that left four people wounded, officials said. Police said the wounded included Nikos ...
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| READ THE ORIGINAL POST AT www.theguardian.com |
Greece: ancient temple to be buried under an apartment block
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| READ THE ORIGINAL POST AT www.ansamed.info |
Greek police arrest fugitive in Athens shootout
ATHENS, Greece (AP) — Greek police arrested one of the country's most wanted men — a fugitive convicted of terrorism — during a shootout Wednesday in Athens' central tourist district that left four people wounded, authorities said.
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| READ THE ORIGINAL POST AT news.yahoo.com |
Cheska Hull and boyfriend soak up the sun on romantic getaway in Greece
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| READ THE ORIGINAL POST AT www.reveal.co.uk |
Greek investors file notice of lawsuit against Republic of Cyprus
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| READ THE ORIGINAL POST AT www.globallegalpost.com |
Sanctions against Russia: artillery preparation for the summit
So far, nine EU countries - France, Germany, Luxembourg, Austria, Bulgaria, Greece, Cyprus, Slovenia and this year’s EU president Italy oppose full-scale trade and economic sanctions against Russia
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| READ THE ORIGINAL POST AT en.itar-tass.com |
Parliament gives go-ahead for Lithuania to join the euro
by
KG/EUROPA
Lithuania should join the euro on 1 January 2015, recommends the European Parliament in a resolution voted on Wednesday. This vote is in line with a European Commission recommendation and political backing from EU heads of state or government at the June EU Council summit.
Parliament's recommendation was passed by 545 votes to 116 and with 34 abstentions. It "endorses the adoption of the euro by Lithuania on 1 January 2015".
"This is good news for Lithuania, Baltic states and the stability of Europe. Since 2006 there has been intensive work, which led to low inflation, a stable exchange rate, a low budget deficit and an acceptable debt to GDP ratio. Welcome to the Eurozone Lithuania", said rapporter Werner Langen (EPP, DE).
MEPs welcome the fact that Lithuania has met all the euro eligibility criteria: recent 12-monthly average inflation 0.6 % (well below the reference value of 1.7%); a general government deficit in 2013 of 2.1% of GDP (reference value: 3%) and a gross debt ratio of 39.4% of GDP (well below the 60% reference value).
Lithuania is to become the 19th member of the Eurozone, after Latvia (2014), Estonia (2011), Slovakia (2009), Cyprus and Malta (2008), Slovenia (2007), Greece (2001), and Belgium, Germany, France, Ireland, Spain, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland (1999).
Next steps
The European Parliament plays a consultative role in scrutinising the fitness of prospective Eurozone countries. A final go-ahead is expected from EU General Affairs Council on 23 July.
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| READ THE ORIGINAL POST AT www.neurope.eu |
EU/IMF troika wraps up Greek mini-audit before major fall review
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| READ THE ORIGINAL POST AT www.reuters.com |
Express island hopping! Greek airline to launch seaplane service to shuttle holidaymakers around ...
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| READ THE ORIGINAL POST AT www.dailymail.co.uk |
The First Invocation Delivered By An Atheist At A Greece Town Bd. Meeting
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| READ THE ORIGINAL POST AT wxxinews.org |
UK unemployment data to show if real wages are still falling
Latest UK unemployment statistics, due at 9.30am, could show another welcome drop in the jobless rate
Introduction: Jobs data in focus
Strong labour report expected, apart from pay....
Chinese GDP beats expectations
Royal Mail faces antitrust probe in France
9.14am BST
Royal Mail could be fined a maximum of £160m if French authorities conclude it broke antitrust rules, reckon analysts at Espirito Santo.
They told clients:
"French antitrust law permits a maximum fine of 10 percent of worldwide turnover,"
"This would lead to a worst-case scenario of around a £160m pound fine for Royal Mail (10 percent of GLS revenue) and about a 670 fine for TNT Express (group revenue of 6.7 billion euros)."
9.05am BST
Royal Mail isn't the only company hit by the French antitrust inquiry - shares in Dutch postal operator TNT are down 3.3% this morning.
9.03am BST
JP Morgan has hiked its forecast for China's growth this year, on the back of this morning's GDP figures:
JPMorgan revises up Chinese 2014 #GDP growth forecast to 7.3% vs. Prev. 7.2%...comes after Chinese Q2 #GDP 7.5% vs. Exp. 7.4% overnight...
8.55am BST
Nick Bubb, retail analyst, reckons Mike Ashley pulled out of the Sports Direct bonus scheme after realising he'd get too much of the pie.
If staff learned they'd been "squeezed out" by their billionaire boss, morale would suffer.
"Plenty of people thought Mike Ashley shouldnt need any more motivation, given his huge shareholding in the company, so presumably that is what will keep him going from now on...
For example, a 10p dividend would generate him income of well over £30m, which would keep the wolf from the door."
8.49am BST
Mike Ashley, the billionaire boss of Sports Direct (and owner of Newcastle United), never ceases to amaze me.
Following recent unhelpful speculation surrounding his potential allocation, he [Ashley] is determined to ensure that there is the maximum number of shares available for the eligible employees.
8.39am BST
This antitrust probe into the French postal service has been running for four years, but the City didn't realise until now that Royal Mail's French parcel delivery firm could suffer 'material' losses
Mike van Dulken, head of research at Accendo Markets, says the probe has put Royal Mail shares under the cosh:
While still early days, and linked to a broader investigation into the French postal industry which dates back to 2010 (Dutch group TNT has been assisting all along) this could weigh on the shares in the short term, hampering recovery of the recently lost ground.
The statement this morning that fines/ losses could be material sounds ominous but likely just cautious at such an early stage, but after all the talk of the group being sold off too cheap last October it just goes to show that even previously nationalized entities (still 30% government owned) arent whiter than white and represent risks to investors.
8.17am BST
Shares in Royal Mail have slid 1.7%, after the recently privatised postal operator's French subsidiary was accused of breaching competition rules.
Royal Mail warned the City this morning that the French competition authority, Autorité de la Concurrence, has claimed that its GLS France division has broken antitrust laws.
This is in connection with a broader investigation into alleged activities within the industry in France.
We are currently considering the notice received from the French regulator. Given the early stage of this matter, we cannot yet determine the amount or range of potential loss; however, it is possible that it could be material.
8.09am BST
Chinese GDP rises 7.5%
The data confirmed the Asian giant had stabilised after a shaky start to the year but still left the global outlook cloudy, particularly given recent weakness in the eurozone.
"The GDP figure is in line with our expectation, but the underlying momentum and recovery is still at a fragile state, especially given the property market correction," said Chang Jian, an analyst at Barclays based in Hong Kong.
7.57am BST
James Knightley of ING reckons we'll see a "strong" labour report at 9.30am, with more people joining the UK workforce.
We should get more evidence of this today with a strong labour report. We look for another 250,000+ reading for the 3M change in employment with the unemployment rate dropping to 6.5%.
Wages are likely to be disappointingly weak, but this reflects payment timing adjustments relating to tax changes last year* and so they should drop out of the equation in a couple of months.
Indeed, we suspect wages will be pushing back up to 2- 2.5% YoY towards the end of the year, especially with the minimum wage rising 3% in October.
We see underlying annual earnings growth actually picking up to 1.3% in May itself after relapsing to just 0.4% in April itself from 1.0% in March, 1.2% in February and 1.7% in January.
7.48am BST
Good morning, and welcome to our rolling coverage of the financial markets, the economy, the eurozone and business.
Today's average earnings data for May is expected to show a further drop from the 0.7% seen in April to 0.5%, widening the gap further.
MT @ekathimerini: #Greece PM Samaras due to meet with new EC President JC Juncker on Wednesday. http://t.co/XhBjuzFCms #politics #euro #ec
Continue reading... |
| READ THE ORIGINAL POST AT www.theguardian.com |
Atheist Gives Invocation in Greece, NY
Greece, NY - A recent U.S. Supreme Court decision brought a lot of attention to Western New York Tuesday night. Efforts to maintain separation of church and state took center stage in the Rochester suburb of Greece where an atheist delivered the invocation ...
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| READ THE ORIGINAL POST AT www.wgrz.com |
Greece Town Board Meeting Begins With Invocation From Atheist, Not Prayer
Since 1999, prayer has preceded all town board meetings in Greece, but Tuesday night, Dan Courtney, an atheist, delivered a nearly 2 1/2 minute invocation using quotes from the Declaration of Independence.
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| READ THE ORIGINAL POST AT rochester.twcnews.com |
Judge Upholds Suit Over Marine's Missing Heart
The family of a Marine whose body came back from Greece without his heart can pursue negligence claims against the U.S., a federal judge ruled.
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| READ THE ORIGINAL POST AT www.nbcnews.com |