News archive of June 2024

Israeli white phosphorus stalks south Lebanon: rights groups

Mohammad Hammud, in his late 70s, was at home with his wife in a south Lebanon border village when Israeli bombing hit. This time, the attack was different.

"Fire broke out in front of the house... there was a strange smell... we had trouble breathing," he told AFP by telephone from his village of Hula.

World's richest have never been so wealthy: study

The world has never had so many rich people and their investments in soaring stock markets have made them wealthier than ever recorded, according to a study published on Wednesday.

The number of "high net worth individuals" (HNWI) — defined as people with liquid assets of at least $1 million — rose by 5.1 percent last year to 22.8 million, according to consulting firm Capgemini.

Nicosia and Cairo agree on Egyptian workers

Cyprus and Egypt have signed a new bilateral agreement to help Egyptian workers find work in Cyprus.

Cypriot Foreign Affairs Minister Constantinos Kombos and his Egyptian counterpart Sameh Shoukry signed the deal in the context of Kombos' visit to Egypt on Tuesday and Wednesday (Ju-ne 4-5).

Risks of shadow fleet concern shipping

The global shadow fleet, numbering up to 850 oil tankers, not only circumvents sanctions on countries such as Russia, Iran and Venezuela but also poses environmental risks, with Shipping Minister Christos Stylianides stating on Tuesday that Greece is taking measures to protect its coast. This matter was also in the focus of delegates at conferences on the second day of the Posidonia fair.

Why are wineries around the world seeking this certification?

Grape growers and wine producers have long sought certifications testifying to their sustainable farming methods or their commitment to protecting the environment. They have taken great satisfaction in displaying their organic or biodynamic credentials. No less would be expected in a field that prides itself on offering a natural, agricultural product.

Clearer guidelines

Personal responsibility needs to come in somewhere when it comes to protecting the environment and preventing natural disasters. The state cannot be everywhere at once, in every field and garden. That said, the rules need to be simple and easy to implement, not bogged down in red tape. 

Mytilineos approves name change to Metlen

The shareholders' General Assembly meeting approved the renaming of Mytilineos to Metlen Energy & Metals, ahead of its listing on a foreign stock exchange, it was announced on Tuesday.

ATHEX: Bourse index declines to six-week low

The Greek bourse suffered significant losses on Tuesday, with its benchmark dropping to a six-week low. The absence of any significant domestic corporate news and the anticipation of the verdict by the European Central Bank on Thursday appear to have inspired investors (including some institutional ones too) to sell, continuing last week's dominant trend.

Pages