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GREEK TURMOIL
Word of the Day: AprosexiaWord of the Day: Some forgotten words regain relevance because the world eventually grows into the problems they were created to describe. ...- Quote of the day by Cicero: 'If we are not ashamed to think it, we should not be ashamed to...' - Roman statesman’s no-nonsense message on intellectual courageMarcus Tullius Cicero, a prominent statesman, lawyer, writer and orator, championed justice and the rule of law during a turbulent era in t...
- Wife suspects of husband's affair after asking ChatGPT to read their coffee cups, files for divorceIn Greece, a woman initiated divorce proceedings. She used an AI chatbot to interpret coffee grounds. The AI reading indicated her husband'...
- Ruins of ancient temple for Zeus unearthed in Sinai as Egypt continues excavations in historical sites to attract touristsThe temple ruins are the latest in a series of ancient discoveries.
- Greek economy may contract 11% percent in 2020, central bank saysThe government now expects a contraction in output of around 10.5%, according to the latest 2020 projections in the 2021 government budget ...
- Offshore India ETFs pull money out in July, first time in 16 months; sell equities worth Rs 750 croreInvestors in offshore India-dedicated exchange traded funds (ETFs) pulled money out in July 2015 — the first time in 16 months.
- Faith in euro: The reason why somebody feels good about Greece’s prospectsStocks of the 442 companies that make up the MSCI Europe Index appreciated 43% since April 2011 and 19% so far this year, beating the rest ...
- China crash & Greek turmoil not a sign of global recession: Shankar Sharma, First Global"Events in Greece, China may be significant for their own economies but they have not affected the global sentiment towards equities."
- Indian cos with exposure to Europe decline on Greece worriesTata Steel shed 0.73 per cent, Motherson Sumi Systems fell by 0.56 per cent and Tata Motors was down 0.31 per cent on the BSE.
- Greek crisis will impact global economy: Doha Bank CEO R SeetharamanSoon after Greece became the first advanced economy to default on an IMF repayment, Tsipras urged Greeks to vote 'No' on Sunday to creditor...
- Markets rally on revived hopes for a Greek deal, traders rush to cover short positionsDalal Street gained for second straight day, as the Sensex rose 240 points, or 0.86%, to close at 28,020.
- Improved macros to shield Rupee from Greek turmoilStorm emanating from Greece could cause destruction in Indian mkts, but damage may be limited, thanks to better macro-economic fundamentals...
- Eight possible scenarios if Greece defaults and leaves the EurozoneLiving standards in Greece could fall, banks will face the prospect of collapse, savings may be frozen, businesses could go bankrupt and mo...
- India readies plan to tackle Greek tragedyThe government is closely monitoring the developments in Europe and internal deliberations are on between key policymakers to devise measur...
- IMF may give next tranche of euro 12 bn to bail out GreeceThe latest news seems to suggest that the IMF will agree to release its next tranche of e12 billion by Sunday, at the earliest.
- Greece will tame debt with reforms: IMF officialGreece will overcome its huge debt crisis with its austerity plan, an IMF official said on Sunday as a poll showed a majority of Greeks fea...
- ECB likens debt crisis turmoil to wake of LehmanThe European Central Bank said the financial market turmoil in Europe during the Greek sovereign debt crisis was as tense as it had been fo...
- Oil mixed in Asian trade amid worries over global economyOil was mixed in Asian trade Friday on growing worries about the potential economic fallout from the Greek debt crisis, analysts said.
- Positive about future of Indian banking system: Brett HemsleyBrett Hemsley, MD, Financial Institutions, Fitch, in a chat with ET Now talks about global economy and Indian banking sector.
- 'Deal on Greece aid to be ready in few days'European and German officials assured markets they were working quickly on approving a bailout for Greece, as they try to keep the country’...
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