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Humanitarian Aid on Trial in Greece

  File photo: Migrants from Afghanistan is towed by rescuers of the Refugee Rescue NGO, on the island of Lesbos, Greece. Twenty-four humanitarian aid workers have gone on trial in Greece, facing felony charges of migrant smuggling, money laundering, and membership in a criminal organization . The case, unfolding on the island of Lesbos, targets former volunteers of the now-defunct NGO Emergency Response Centre International (ERCI) , which operated search-and-rescue missions between 2016 and 2018. Among the defendants are Sarah Mardini , a Syrian refugee and professional swimmer whose story inspired the Netflix film The Swimmers , and Seán Binder , a German-Irish rescue diver. Both were arrested in 2018 for their involvement in helping migrants and refugees arriving by sea from Turkey. If convicted, the defendants face up to 20 years in prison . Greek prosecutors allege that the group facilitated illegal entry into the country by monitoring coastguard communications and relaying ...

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Market Rebound Expected as Amazon’s Earnings Boost Investor Sentiment

 

The stock market is showing signs of recovery today, with futures on the Nasdaq 100 and S&P 500 rising by 0.5% and 0.4%, respectively. This positive movement comes after a challenging period marked by significant losses following earnings reports from major tech companies like Meta and Microsoft.

Amazon’s strong earnings report has been a key driver of this rebound. The company’s shares surged over 6% in premarket trading after CEO Andy Jassy highlighted impressive growth in their cloud unit’s AI business. Intel also contributed to the positive sentiment with an earnings beat and optimistic outlook, further boosting investor confidence.

However, the market’s trajectory could be influenced by the upcoming jobs report, which is expected to show a slowdown in nonfarm payroll growth. This report is crucial as it will provide insights into the labor market and potentially impact Federal Reserve policy decisions.

In addition to the tech sector’s performance, other factors such as rising oil prices and geopolitical tensions in the Middle East are also playing a role in shaping market dynamics.

Investors will be closely watching the jobs report and other economic indicators to gauge the market’s direction in the coming days.



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