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Farmers Bring Their Demands to Athens as Costs Surge

Greek farmers with their tractors rally in front of the Greek parliament, over unsolved issues after weeks of blockades. Greek farmers converged on Athens in a powerful display of frustration over rising production costs that they say are pushing them to the brink. Driving tractors, carrying banners, and gathering in Syntagma Square, they demanded stronger government support to keep their farms viable. The protesters argue that soaring fuel prices, higher electricity bills, and increased costs for animal feed and fertilizers have made it nearly impossible to sustain their livelihoods. Many also want long‑term structural reforms, including better access to water resources and more predictable subsidies. Government officials have acknowledged the pressure on the agricultural sector and signaled willingness to negotiate, but farmers insist that previous promises have not been enough. Their message in the capital was clear: without meaningful relief, Greece risks losing a vital part of ...
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Tech Stocks Lead Market Rally as Fed Signals Potential Rate Cut

 

In a significant market rally today, stocks soared, driven by a resurgence in tech shares. Nvidia led the charge, surging 12% after a positive earnings report and favorable analyst comments. The broader market also benefited from the Federal Reserve’s decision to hold interest rates steady, with Fed Chair Jerome Powell hinting that a rate cut could be on the table for September.

The S&P 500 rose nearly 1.6%, while the tech-heavy Nasdaq Composite surged more than 2.6%. The Dow Jones Industrial Average saw a more modest gain of 0.2%. Powell’s comments provided a boost to investor sentiment, as he noted that the economy is moving closer to the point where a rate reduction might be appropriate.

Tech stocks, which had been under pressure recently, rebounded strongly. Nvidia’s impressive performance was a highlight, with the company’s shares regaining ground lost earlier in the week. Other tech giants also saw gains, contributing to the overall positive market sentiment.

In commodities, oil prices jumped following geopolitical tensions, with Brent crude rising over 4% to top $81 a barrel. Meanwhile, Meta’s stock rose more than 4% after reporting better-than-expected earnings for the second quarter,

Overall, today’s market action reflects growing optimism among investors, buoyed by the potential for a more accommodative monetary policy and strong performances from key tech companies.


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