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Stavros Kafounis

  • 3h ago

    Greek summer sales begin Monday, with turnover forecast at 7–7.4 billion euros

    The summer 2026 discount period in Greece starts Monday July 13 and runs through August 31. Stores may open on the first Sunday, July 19, and trade groups forecast turnover of 7 to 7.4 billion euros, a nominal 2% to 5% rise year-on-year.

Today’s Brief

Hormuz shuts, France bakes again

Iran closes Hormuz as disasters stretch governments and Trump targets reporters at home

The sharpest market risk came from the Strait of Hormuz, where Iran declared the waterway closed after a damaged container ship and another round of US strikes. Heat, fire and flood meanwhile forced governments from Paris to Beijing to choose between public safety and normal life.

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  • Zelensky announces government reshuffle

    Svyrydenko resigns as First Deputy Prime Minister as Zelenskyy prepares a broader cabinet restructuring.

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    Opened an antiterrorist investigation after authorities discovered an assault rifle in a vehicle near a Sarcelles synagogue.

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World · Updated 51m ago

The war in Ukraine and its limits

Ukraine's President Zelensky dismissed the Prime Minister in a cabinet overhaul, signaling a new political strategy, while Russian forces seized the strategic town of Pokrovsk.

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