Russian President Vladimir Putin is in GREECE on Friday for a visit crisis-hit Athens hopes will bring energy and trade deals, including progress on a ...
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| READ THE ORIGINAL POST AT www.ekathimerini.com |
How the world sees Greece
Friday, May 27, 2016
European press round-up: G7 summit, Greek debt relief and EU online rules
The G7 leaders warned against the possible Brexit, Greece won a surprise pledge on debt relief and the EU tabled new rules to boost online trade and end geoblocking. Poland’s rule of law probe also made headlines and the EU sighed in relief at the Austrian election results. Leaders from the group of seven leading […]
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| READ THE ORIGINAL POST AT euranetplus-inside.eu |
Donald Trump and Hillary Clinton agree on one huge thing - and Wall Street knows it
[hillary clinton donald trump] Hillary Clinton and Donald Trump disagree on a lot of, if not most, things. There is, however, one issue in which they seem in agreement, and Wall Street investors are starting to catch on. In Christopher Wood's weekly "Greed and Fear" newsletter, the CLSA analyst pointed out that both candidates had expressed support for increased infrastructure spending. This is good news for manufacturing and heavy industries. "GREED & fear still maintains the view that the chances of a substantial infrastructure stimulus are rising significantly whichever side wins the White House in November," the note from Wood said. Trump has supported rebuilding infrastructure from the beginning of his campaign. "Rebuild the country's infrastructure — nobody can do that like me, believe me," he said in the speech announcing his candidacy. "It will be done on time, on budget, way below costs, way below what anyone ever thought. I look at these roads being built all over the country and I say, 'I could build these things for one third.' We have to rebuild our infrastructure: our bridges, our roadways, our airports." Even after his initial campaign launch, he has committed to these large improvements throughout his campaign. Clinton has said she will increase federal spending on infrastructure projects by $275 billion in the five years after her possible inauguration. A win by either candidate would therefore appear to be good news for construction companies, equipment manufacturers, and materials firms. This development has not been lost on Wall Street, Wood said. Here's his breakdown (emphasis ours): Indeed in recognition of this theme, which judging by meetings over the past week and more is clearly gaining traction with US based investors, GREED & fear shows how a 'smokestack' portfolio of five US stocks geared to this area has performed. The stocks appear to have started performing after years of trailing the S&P 500. THUS, THE PORTFOLIO HAS RISEN BY 22% SO FAR IN 2016 AND IS UP 43% FROM ITS JANUARY LOW. BY CONTRAST, THE S&P 500 HAS RISEN BY ONLY 2.3% YEAR-TO-DATE AND IS UP 14% FROM ITS FEBRUARY LOW. The five stocks tracked are Vulcan Materials, Astec Industries, Martin Marietta Materials, AECOM, and Fluor. [Screen Shot 2016 05 27 at 8.16.05 AM] To be fair, any proposal that the eventual president makes will have to be approved by Congress. Given that body's mindfulness over the budget and division between the two parties, it is unclear whether that could happen. Wall Street, however, is willing to make the bet for now that there could be a bump in spending and a boon for building companies. SEE ALSO: THE LARGEST US LUXURY HOMEBUILDER ACKNOWLEDGED THE BIGGEST PROBLEM IN THE HOUSING MARKET Join the conversation about this story » NOW WATCH: FORMER GREEK FINANCE MINISTER: The single largest threat to the global economy
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| READ THE ORIGINAL POST AT www.businessinsider.com |
Greek archaeologist Konstantinos Sismanidis claims he's found the tomb of Aristotle
THESSALONIKI: A Greek archaeologist who excavated the birthplace of Aristotle in northern Greece in the 1990s says a destroyed structure he discovered may have been the tomb of the ancient philosopher and teacher of Alexander the Great . Konstantinos ...
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| READ THE ORIGINAL POST AT economictimes.indiatimes.com |
Save the Children dub new Greek refugee camps 'inhumane'
Migrants in makeshift border camps close to Idomeni in Greece remain reluctant to move into official shelters. Greek authorities cleared 4,000…
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| READ THE ORIGINAL POST AT www.euronews.com |
The Most Popular Places to Take Selfies in Greece
It’s a title that Greece can be proud of; Athens is considered the number 10 selfie capital in the world. In fact, as you walk the streets of any Greek city or visit the ancient ruins and the beautiful beaches, you see people snapping selfies everywhere. Let’s look at five of the most popular places to take selfies
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
Teachers Witness the Affect of the Bailouts on Greek Students’ Dreams for the Future
With the continuing cycle of one bailout after another, the youth in Greece is being hit harder than ever. School aged children might be too young to work and feel the effects of the shrinking and practically nonexistent job market in Greece, but they are well aware of its existence. They witness their parents struggling
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| READ THE ORIGINAL POST AT greece.greekreporter.com |
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