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Huge Cyberattack Underway in Ukraine; State Banks Hit

A huge cyberattack is underway in Ukraine on Wednesday afternoon as officials say that its national banks and state-sponsored websites are being hit. The Foreign Ministry website and that of the state...

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Dramatic Rise of Foreign Investments in Greece

Greece marked an impressive increase of 74.3 percent in foreign direct investment (FDI) in 2021, according to Enterprise Greece Read the full story on GreekReporter.com.

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Sanofi to Apply For Approval of Coronavirus Vaccine

The Sanofi and Glaxo SmithKline corporations will seek approval for their coronavirus vaccine candidate, officials announced on Wednesday, stating they hoped their inoculation could be used as either a...

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Stocks Plunge, Oil Soars as Markets Reel From Ukraine Invasion

Global stocks plunged, while oil soared after Russian President Vladimir Putin launched a military attack on Ukraine, on Thursday. Putin’s moves drew universal condemnation from the West, making...

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Elon Musk Under Investigation for Alleged Insider Trading

US regulators are investigating whether recent stock sales by Tesla CEO Elon Musk and his brother, Kimbal Musk, violated insider-trading rules, The Wall Street Journal reported on Thursday. The...

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Meet the Only Greek Coffee Grower in Colombia

Greek Coffee grower DImitrios Christopoulos arrived in Colombia a few years ago, without knowing anything about coffee. Read the full story on GreekReporter.com.

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Ukraine Raises Millions in Cryptocurrencies From Donors

Ukraine has raised $15 million through thousands of donations in cryptocurrencies since the start of the Russian invasion, cryptocurrency analysts said on Saturday. Researchers at Elliptic, a...

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West Launches Economic War Against Russia Over Ukraine Invasion

The West launched an unprecedented economic war against Russia over the weekend after its invasion of Ukraine. The ruble plunged to a record low of less than 1 U.S. cent in value Monday after Russia...

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Switzerland Dumps Neutrality, Will Adopt Sanctions Against Russia

Switzerland announced late on Monday that it would put aside its famed neutrality in international matters and adopt sanctions punishing Russia for its invasion of Ukraine. Swiss Federal President...

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60 Million Barrels of Oil to be Released from Strategic Reserves

The US and 30 other countries around the world committed to release 60 million barrels of oil from the strategic reserve on Tuesday in a bid to stabilize global energy markets after the Russian...

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Russian Oligarchs Send Messages Calling for Peace in Ukraine

Russian oligarchs, the impossibly rich men who are often cronies of Russian President Vladimir Putin, are not all falling in line with him during the upheaval that has followed the Russian invasion of...

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Ukraine War Wipes $10 Billion Off Athens Stock Exchange

The Athens Stock Exchange has recorded losses of 13.43 percent while the market’s capitalization has fallen by 9.345 billion euros ($10.1 billion) since the Russian invasion of Ukraine. The Large Cap...

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Biden to Sign Cryptocurrency Executive Order in Move Toward Regulation

  US President Joe Biden is expected to sign an executive order on cryptocurrency this week, marking the first step toward regulating the digital currency. The move comes as administration officials...

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McDonald’s to Temporarily Close Restaurants in Russia Amid Backlash

The McDonalds corporate office announced on Tuesday that it will temporarily close its roughly 850 restaurants in Russia, in response to the country’s invasion of Ukraine. The fast food chain said the...

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Has Elon Musk Paid the “Most Taxes Ever in History”?

Tesla CEO Elon Musk has made a number of unusual and even outlandish claims over the years, but his claim that he would “pay more taxes than any American in history this year” ruffled some feathers. Is...

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Greek Businessman Dimitris Kontominas Dies at 83

Dimitris Kontominas, a Greek businessman that was involved in insurance, retail trade, cinema and was the owner of television channel Alpha has died at the age of 83, the broadcaster announced...

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Inflation in Greece Soars by 7.2% Following Rise in Electricity, Fuel

Greece’s annual inflation rate soared by 7.2% in February compared to 6.2% in January, which has accelerated a trend that has followed the COVID-19 pandemic and now the Russia-Ukraine conflict,...

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Ukraine War, Sanctions Already Impacting Global Trade

The Ukrainian war and sanctions imposed on Russia by many nations around the world are already starting to cause havoc on global trade, with what could turn out to be devastating consequences for...

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US to Revoke Russia’s Most Favored Nation Trade Status

President Joe Biden will announce on Friday that the US will revoke the coveted most favored nation trade status for Russia over its invasion of Ukraine. The decision will echo today’s moves by the...

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Russia Blocks Instagram, Slows Access to Twitter in Media Crackdown

Russia blocked Instagram on Friday, announcing that internet users in that country will be unable to access it, charging that the app was being used to incite violence against Russian soldiers. After...

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