Accomplice of Greece’s No1 Fugitive Arrested at Athens Airport

Self-proclaimed anarchist and accomplice of Greece’s number one fugitive Vassilis Paleokostas, was arrested today at Athens International Airport “Eleftherios Venizelos” while attempting to flee the country boarding to a Brussels flight, in violation of his parole. Polykarpos Georgiadis was recently released from prison after serving part of his 12-year sentence that was imposed on him for his role in the 2008 abduction of industrialist Georgios Mylonas. His release on parole required that he would not attempt to leave the country. Georgiadis did not resist arrest, declaring to police that he had no intention to disappear and that his parole was unconditional. In addition, according to police sources, he stated that he was planning to visit friends in Belgium and return back to Greece. A return ticket was found on his possession. Despite his claims, he was driven before the attorney facing charges of breaking his parole conditions. Georgiadis, that has never pleaded guilty to the charges he was imprisoned for, has been linked to Paleokostas, a prolific high-stakes robber with a colorful background, who has made two dramatic escapes from the Greek capital’s Korydallos prison, the last one by helicopter in 2009. Paleokostas’ hideout during the prominent industrialist’s abduction was rented on Georgiadis’ name.

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Quotes from voters in this week's AP Global Football 10

by  Associated Press Quotes from voters in the AP Global Football 10 Associated Press - 21 October 2014 10:57-04:00 LONDON (AP) — Quotes from the panel in this week's Associated Press Global Football 10: Manos Staramopoulos, Democratia, Greece "The Argentine, Sergio Aguero, scored four (for Manchester City) against Tottenham. Four goals does not happen every day, no matter how good you are! The appearance of Aguero was amazing, worthy of his great class." Mike McGrath, The Sun, England "Sergio Aguero was far and away the best personal performer of the weekend, which propelled Manchester City, too." Tito Puccetti, ESPN, Argentina "Atletico Madrid's game does not shine, but they are better at the passing game in Europe. They are lethal in every corner." Cedric Rouquette, Eurosport, France "Winning easily against a team as poor as this Sunderland may not be a strong achievement (by Southampton). But an eight-goal margin is nevertheless so rare in great championships. It's the sign of a team on fire, as offensive as possible. And it's the signature of an incredible beginning of season." Tom Timmermann, St. Louis Post-Dispatch, United States "In a week that saw goals everywhere, Sergio Aguero's game for City against Tottenham stands out. And as rare as it may be to have a four-goal game, Dusan Tadic's four-assist game against Sunderland may be even rarer." Marco Monteverde, News Corp, Australia "Werder Bremen might be bottom of the Bundesliga, but Bayern Munich were as clinical as ever in their demolition of the cellar dwellers." Ubiratan Leal, trivela.com, Brazil "Sergio Aguero is not Lionel Messi, nor Cristiano Ronaldo, but he can be the key man in the Premier League. Chelsea display a more competitive football in England by now, but the Argentine has the talent to raise City's level. Saturday's game was an example of it." Aurelio Capaldi, RAI Sport, Italy "Real Madrid manager Carlo Ancelotti said, 'Having Cristiano Ronaldo is like starting every game 1-0 up,' and the Portuguese is proving him right. Ronaldo scored a double against Levante which means he has now got another record as nobody had ever scored 15 goals after eight La Liga games." Sam Tighe, Bleacher Report, England "Philipp Lahm was instrumental to Bayern Munich's 6-0 defeat of Werder Bremen this weekend and even notched two goals. After a week of Germany struggles in international football, his performance stood as a sour reminder of how much his presence is missed." Chris Tait, The Herald, Scotland "Conceding eight goals left Sunderland seeing stars, even though Southampton's big names left during the summer. Should they maintain their early form then this could be a famous season for the St. Mary's side." News Topics: Sports, Professional soccer, Men's soccer, Soccer, Men's sports People, Places and Companies: News Corp, Sergio Aguero, Dusan Tadic, Cristiano Ronaldo, Carlo Ancelotti, Philipp Lahm, United Kingdom, Manchester, England, Southampton, Western Europe, Europe Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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Greek Inspector General Says Corrupt Doctors are Seldom Disciplined

Greek General Inspector of Public Administration Leandros Rakintzis said that the Central Disciplinary Council (CDC) of the national health system seldom punishes public doctors for offenses. Speaking to Greek newspaper “Kathimerini,” the public ...

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Fighting for the Greek: Behind Nederlander/AEG and Live Nation’s War for the Iconic L.A. Theater

A modern day Trojan War is underway in Los Angeles as the world's largest promoters, Live Nation and AEG Live in partnership with the Nederlander...

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USS SLATER & Greek Community Commemorate OXI Day

In 1940 Mussolini delivered an ultimatum to Greece's Prime Minister demanding the entry of the Italian army and the occupation of Greek territory.

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Seven Greeks Make Forbes '400 Wealthiest People in the USA' List

Seven billionaires of Greek origin are among the 400 wealthiest people in the USA, according to Forbes Magazine's 2014 list. Candidates for the ...

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PAUL TUDOR JONES: Commodities Will Be Ugly Until At Least 2020

Commodity prices have been falling around the world, and Paul Tudor Jones II thinks this trend will play out through 2020. Yesterday, the legendary macro trader was interviewed by another legend, Stanley Druckenmiller, at the Robin Hood Investors Conference. The conference, which is stacked with hedge fund heavyweights, is off limits to the press. We have a source inside who was kind enough to share his notes from yesterday evening's panel. According to our source's notes, Jones said that we are in the downturn for the current commodities cycle. Having reached the peak of the cycle a few years ago, we're still heading down to the bottom. Jones explained that these commodity cycles run in roughly 30-year cycles between peaks. 1999 was a valley and April 2011 was the peak. He said this cycle will play out through the downside through 2020 or so, but it will be net positive for the U.S. economy.   Jones also touched on a number of other macro topics during the discussion.  Jones talked about deleveraging in China and how that will be negative for the financial sector as well as commodities there. He basically said that there's a credit bubble and the "the piper will be paid and the bubble will burst." He said in about 2029 the U.S. will breach Greek debt levels, according to our source. He also talked about Japan and Japanese Government Bonds, which are up over 30% with extremely low trading volume. He's wondering when will the yields pop.  Later on in the panel, Jones said that the European Central Bank and the Bank of Japan will keep cutting rates. He said the yen needs to depreciate 15% per year to increase inflation 1 to 1.5%. His trade is get long the dollar versus the yen. According to our source's the notes, the dollar rally versus other currencies may have run its course. Yesterday's panel fell on the anniversary of Black Monday— a market crash event that Jones famously predicted back in 1987 and also netted him millions. According to our source's notes, Druckenmiller asked Jones about the similarities between 1987 and what's going on now. Jones explained that the 1987 crash was derivative inspired. The S&P futures were down 33% before the open on that Monday. He also said that 1987 is dissimilar to what's going on now. He said we have a bubble now and he's not sure whether it's in the stock market, according to our source's notes.  As for last week's market activity, Jones said that on Thursday we saw a five standard deviation (that's a volatility measure) kind of movement in one day. He said we will see this kind of volatility in the future. Speaking of the volatility of the last two to three weeks, he said that was due to position clearing and it's similar October 1998. (Our source pointed out that's when the Long Term Capital Management event happened. Jones didn't explicitly say that, though.) Join the conversation about this story »

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