novation from Ancient Greece, has imagined several solutions ancient Greeks would give to help modern Greeks with their current financial worries. 1. Debt, division and revolt. Here’s the 6th Century BC news from Athens. In the early 6th Century BC, the people of Athens were burdened with debt, social division and inequality, with poor farmers prepared to sell themselves into slavery…
Jun 7 2012 | Posted in
Business |
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The abbot of the prestigious Vatopedi monastery in Mount Athos, Greece has been imprisoned pending trial for alleged fraud and embezzlement. Archimandrite Ephraim, 56, is accused of arranging land swaps between Vatopedi and the state which are thought to have cost the government millions of euros. The abbot, now being held in Korydallos prison in Athens, denies wrongdoing. His arrest has trigger…
…Ancient Olympia, the birthplace of the Olympics, from where dozens of artefacts have been stolen Officials say the thieves broke into the museum early on Friday, smashed glass displays and took about 60 items – mostly bronze and clay statuettes. Ancient Olympia, in Western Greece, is regarded as one of the most important cultural sites in the country. Thymios Kotzias was quoted by AFP as sa…
e, sort of kicking it off. It’s a big honor and a privilege and I’m just trying to take it all in.” The torch is due to travel 2,900 kms (1,800 miles) through the country, carried by 500 torchbearers, on a route circling the country and travelling out to Crete. Greece has seen huge demonstrations of social unrest in previous months, sparked by financial chaos and efforts to reach…
…pound would rise, while safe governments such as those of the US, Japan, Germany and even the UK could borrow more cheaply. And it’s not all bad news – the oil price may well fall sharply. 6. Political backlash As eurozone governments and the European Central Bank face enormous losses on the loans they gave to Greece, public opinion in Germany may turn against providing the even larger…
Greek police has announced that more than 1,600 illegal immigrants will be deported following a major crackdown in Athens in recent days. More than 6,000 people have been detained, though most were released. Public Order Minister Nikos Dendias defended the crackdown. He said Greece’s economic plight meant it could not afford an “invasion of immigrants”. He called the immigration…
…rtoons giving the Nazi “Sieg Heil” salute. Germany’s interference has revived historical enmities and evoked comparisons to the massive destruction of Greece at the hands of Hitler’s Germany more than 65 years ago. Cartoons have sprung up depicting the European Union’s “troika” as ferocious soldiers in Second World War uniforms. The liberal newspaper Eleftherotypia is regularly targeting Greek fin…
…eurozone nations to provide supplementary collateral to insure the ECB against losses is due to come into effect. Banks and other financial firms are being asked by Greece’s government to take a 53.5% loss on their Greek sovereign bonds. Austerity measures have prompted mass demonstrations in Greece The plan was agreed by the Greek parliament last week, and, if backed by Greece’s cred…
Wednesday to decide on more painful budget cuts. They have not yet agreed on 11.5 billion Euros ($14 billion) in additional savings required to access a new loan installment from the EU and IMF, worth 31.5 billion Euros. …
ything could happen. I feel the mayor should do something about that. The children should be our first priority, no matter what else is going on in the city.” Zak, a former Cleveland police officer of 30 years, believes the community is feeling the effects of the city’s cuts in the police force. “The first thing a city should do is protect its citizens,” he said. Although police cannot be on the s…
May 8 2013 | Posted in
U.S. News |
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“Bicholim Conflict” was voted a “good article” – a Wikipedia badge of honor – and sat happily on the online encyclopedia for more than half a decade. But editors have lately discovered a small issue with the site’s meticulously written 4,500 word article detailing the 17th century Bicholim Conflict. It was entirely made up. After five years of featuring the piece, which tells th…
Solar Impulse, a solar-powered plane, has landed in Rabat, Morocco, after flying from Spain, completing the second leg of its pioneering journey. Pilot Bertrand Piccard landed the Solar Impulse in Rabat, 19 hours after taking off from Madrid. The plane – the size of a jumbo jet – was powered by 12,000 solar cells turning four electrical motors. The 2,500 km-trip (1,550 miles), begun i…
tist was the son of Zachary, a priest of the Temple in Jerusalem, and Elizabeth – who was related to the Virgin Mary. He lived as a hermit in the desert of Judea until about A.D. 27. When he was 30, John began to preach on the banks of the Jordan against the evils of the times and called men to penance and baptism “for the Kingdom of Heaven is close at hand”. John anticipated a messianic fig…
German geologists from Aachen University found evidence that a tsunami recorded by the ancient historian Herodotus did indeed protect a Greek village from Persian invaders. The geologists say they have found evidence in northern Greece that the event in 479 saved the village of Potidaea. Herodotus recorded that huge waves had killed hundreds of Persian soldiers during the siege of the village. Th…
Eurozone finance ministers and the IMF have agreed on a deal on emergency bailout for debt-laden Greece. They have agreed to cut debts by 40 billion euros ($51 billion) and have paved the way for releasing the next tranche of bailout loans – some 44 billion euros. Greek Prime Minister Antonis Samaras welcomed the deal, saying “a new day begins for all Greeks”, but it was condemn…
Greek moderate Democratic Left party says it will not join pro-bailout parties in a coalition without the more radical far left Syriza. The Greek president has called the four main parties, including the centre-right New Democracy and the Socialist Pasok, to try to form an emergency government to avoid new elections. But Syriza said it would not attend because it could not back any coalition whic…
erious about tackling it. Greek journalist Costas Vaxevanis is due to go on trial in Athens for breach of privacy after publishing the names of 2,000 Greeks with Swiss bank accounts Costas Vaxevanis, 46, said he published the list in his magazine Hot Doc “because I’m a journalist and it’s our job to tell the truth to the people”. “The three last governments have lied…
On December 21, 2012, the apocalypse foretold 5,125 years ago by the ancient Mayans will come to pass and the world will end. Meanwhile, Harold Camping, an American radio preacher, got thousands of followers worked up when he predicted the Second Coming of Jesus Christ on May 21 last year. When that didn’t happen, Harold Camping said the world would end on October 21. And then he quietly retired…
…rent Landau, a Professor of Religious Studies at the University of Oklahoma, spent two years translating the eighth-century text from its original Syriac. The document has been held in the Vatican for 250 years and the story is thought to have been first told in the late second, or early third, century. This takes it back to possibly just 100 years after Matthew wrote his Gospel – the only o…
…r era still thrive in our genetic material. It sheds light on the origins of a big proportion of our genetic material, much of which is still not understood. The scientists investigated the genomes of 38 mammals including humans, mice, rats, elephants and dolphins. The research was carried out at Oxford University, the Aaron Diamond AIDS Research Centre in New York and the Rega Institute in Belgiu…
…n, or what airline the man was travelling on, but it is more than likely it was an El Al aircraft flying out of Tel Aviv, which is surrounded by a number of cemeteries, according to internet users. In 2001, El Al Airlines decided not to allow ultra-Orthodox Jews cover themselves in plastic because “flight safety considerations do not allow for passengers to board while covered in sealed plastic ba…
Apr 12 2013 | Posted in
Middle East News |
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…bt, held by private investors, written off. Bailout deal – Greek pledges • Cut 15,000 state sector jobs this year – aiming for 150,000 to be cut by 2015 • Cut minimum wage by 22%, to about 600 Euros a month • Pension cut worth 300 million Euros this year • Spending cuts of more than 3 billion Euros this year • Liberalize labor laws to make hiring and firing easier • Boost tax collectio…
Greek journalist Costas Vaxevanis has been acquitted of breaching privacy for publishing the names of 2,000 suspected tax evaders. Costas Vaxevanis published a list of Greeks with Swiss bank accounts, including a government minister and other prominent figures in public life. Lawyers for Costas Vaxevanis, 46, argued that the charges were outrageous and said no-one on the list had actually complai…
…eir mothers The article also provoked responses from religious and Pro-Life groups. Rev. Joanna Jepson came to public attention when she spoke out against a late abortion that had been carried out in 2001. Doctors are permitted to carry out abortions beyond the 24-week legal limit if they believe a baby’s disability is serious enough, but Rev. Joanna Jepson argued that a cleft palate was a…
…me photos, he is reading Friday’s copy of the Communist Party newspaper Granma. Fidel Castro led Cuba after the revolution in 1959, first as prime minister (1959-1976) and later as president. In 2006, surgery took Fidel Castro out of public view. His brother Raul became acting president. In February 2008, Fidel Castro officially handed over power to Raul who has been leading the country sinc…
Oct 22 2012 | Posted in
Americas News |
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