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Athens Stock Exchange Reaches Levels Unseen Since 2014

The rally at the Athens Stock Exchange (ATHEX) which began at the end of 2021 reached a peak earlier this week when the index climbed to levels unseen since 2014. The last time the main index stood above 950 points...

Greece Raises $3.4 Billion From 10-Year Bond Issue

Greece raised 3.0 billion euros ($3.4 billion) at an interest rate of 1.8 percent from the new 10-year bond issue on Wednesday. Finance Minister Christos Staikouras said the country's first bond issue of the year was a success as it...

Cats Utilize $500 Starlink Satellite Dish as Wintertime Lounging Area

Thanks to the engineering genius of Elon Musk, cats now have cozy new places to lounge in Winter -- satellite dishes that are part of his Starlink telecommunications system. Part of the SpaceX corporation, Starlink utilizes dishes that pick up...

Fitch Changes Greece’s Credit Outlook to Positive

Credit ratings company Fitch bumped Greece's credit outlook from stable to positive on Friday. The country's rating remains at BB, which is two ranks below investment grade. Fitch estimated in its new report that Greece's economy grew 8.3% in 2021,...

Dogecoin Surges 11% After Tesla Merch Becomes Buyable with the Coin

Dogecoin pumped 11% after Tesla CEO Elon Musk officially made the company's merch purchasable with the dog-themed cryptocurrency on Thursday. The payment options went live on the Tesla store site on Thrusday, and the value of DOGE quickly shot up...

US Inflation Rises 7% Over the Course of 2021

Inflation rose 7% over the course of 2021 in the United States, the largest increase since 1982. The United States Labor Department released a survey of the country's consumer price index on Wednesday, finding that the cost of goods...

Retail Giant Carrefour Returns to Greece After 10-Year Absence

French retail giant Carrefour announced on Tuesday its return to Greece after 10 years -- this time with a different partner and targeting small retailing through collaboration with local chains. Carrefour, headquartered in Massy, France, is the eighth-largest retailer in...

Home Covid-19 Tests in US to be Covered by Insurance Soon

Home Covid-19 test kits will be covered by insurers starting Saturday, according to an announcement from the Biden Administration on Monday. As of January 15, private health insurers will be required to cover up to eight home Covid-19 tests every...

Cryptocurrency Crime Soars to $14 Billion in 2021

Cryptocurrency crime hit an all-time high in 2021, with an estimated $14 million going to illegal online addresses, according to a blockchain analysis just released by Chainalysis. The amount of illegally-obtained digital currencies represented a 79% increase over the  $7.8...

New Automated Tractors May Save Agriculture in Time of Labor Shortages

John Deere's new automated tractors, which are controlled remotely, will further revolutionize agriculture by removing the human element at a time when the labor supply is dwindling. Officials from the American agricultural giant said on Tuesday that their company will...

Tesla Sets New Record For Electric Vehicle Deliveries

Tesla set a new company record for electric vehicle deliveries in Q4 of 2021, according to the company's fourth-quarter vehicle production and deliveries report for 2021 published on Monday. The report said that the electric vehicle manufacturer delivered a total...

Inflation in Turkey Soars to 36%; Experts Say Could Reach 50%

Inflation in Turkey soared to 36%, the highest in Erdogan era, and it may be headed for the stratosphere, up to a possible 50%, some experts say. With prices for food and drink up nearly 44% annually, Turkey's economic status...

Stock Market Sees Double-Digit Gains in 2021 in Pandemic Rebound

The stock market is ending 2021 with near-historic highs after the slings and arrows thrown at it from yet another year of the pandemic. After a slight dip, the market is set to close at near-record high levels after an...

Six Greek-Australians Among Country’s Top Young Entrepreneurs for 2021

A total of Six Greek-Australians ranked among Business News Australia's Top 100 Young Entrepreneurs list for the year of 2021. Although 2021 proved another difficult year for businesses across the world after dealing with lockdowns, restrictions, and variants, many young entrepreneurs...

Tesla Recalls Over 450,000 Model 3 and Model S Cars

Tesla issued voluntary recalls for 475,318 of its vehicles on Thursday. The company hopes to rectify issues with its Model S and Model 3 vehicle's trunk latching systems. The recall is for all Model 3 units released from 2017 to...