Homeopathy

Majority ownership of the leading Greek natural cosmetics producer Korres is to pass into foreign hands, as the firm announced on Wednesday that it had signed a provisional agreement with Morgan Stanley and Chinese company Profex that will see the latter two obtaining share capital in the former of up to an indirect sum of 70 percent.

The phones at Korres SA's headquarters in the northern Athens suburb of Metamorphosi often ring with requests from foreign hedge funds seeking an appointment. Some of those funds are looking into the possibility of a direct investment.

The director of Serbia's Centre for the Promotion of Science, Nemanja Djordjevic, risks being fired after he called on the Minister of Education to respond to a petition seeking the exclusion of Darwin's theory of evolution from schools.

The Federal Trade Commission has demanded that manufacturers of homeopathic treatments specify on the label that their products do not work.

The eyes of the world are on Greece again as people watch the country slowly disintigrate with capital controls, payment stoppages, food and gas shortages and other problems. Everybody wants to know what will happen next and the effects that eurocrats’ decisions will have on the everyday lives of cash-strapped people. There are ways of helping Greece: