The Bank of Greece, in its latest report on financial stability, expresses concerns about possible effects on the Greek economy, both from the sharpening of geopolitical tensions and from the escalation of the US-China trade war. THE Bank of Greece points out that any sharp deterioration in international financial conditions may cause turbulence with adverse … Read more
Peloponnese Newsroom The price of oil did fall on Friday, April 19, 2024, following initial concerns about escalating tensions in the Middle East. After oil jumped more than $3 earlier, Brent futures were down 46 cents, or 0.5%, at $86.65 a barrel. The most active U.S. crude contract was down 34 cents, or 0.4%, at … Read more
Iran and Israel’s direct attack became a historical milestone in the Middle East region. At a time when America is putting high pressure on its allies (AFP) AFTER years of high-level US pressure on its allies for restraint, Israel’s attack on Iran takes the region and Western-led diplomacy into uncharted territory. Iran and Israel have … Read more
Clarion Washington.-In the midst of the escalation of tension in the Middle East after Iran’s attack on Saturday and Israel’s retaliation in the early hours of this Friday, the United States Government distanced itself and assured that “it is not involved in any offensive operation.” It was Secretary of State, Antony Blinken, who affirmed that … Read more
Israel’s small-scale attack on Iran, in retaliation for last Saturday’s attack, served as a warning. It attacked an Iranian airbase in Isfahan, very close to Iran’s nuclear facilities, with officials sending a message that Iran’s nukes are not safe. Tehran downplays the incident, saying only three drones were shot down, without naming Israel as responsible, … Read more
The Middle East is on a tightrope after the new data emerging after Iran attacked Israel with missiles and drones on the night of April 13 and the Israeli response with a strike against Iranian targets in Isfahan early Friday (19.4.24). . The Israeli attack on Isfahan came in retaliation for the Iranian attack on … Read more
The foreign ministers of the European Union meet today at Luxembourg to discuss strengthening Ukraine’s air defenses and extending sanctions against Iran. The war in Sudan is also expected to be discussed, but the focus will be on the conflicts on the EU’s eastern and southern doorstep, the Ukraine and in Middle East. As Russia … Read more
Illustration – World leaders ask for calm after Israel launches retaliatory attack on Iran(AFP) World leaders called for calm Friday after reported Israeli retaliation against Iran added to months of tensions over the war in Gaza, with Iranian state media reporting explosions in the central province. Israeli officials made no public comment on the attack … Read more