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Greece Faces Mounting Social Strain as 2.8 Million Residents Risk Poverty

                                        Athens, Greece Greece is once again confronting a troubling social reality: an estimated 2.8 million people—more than a quarter of the country’s population—are now at risk of poverty or social exclusion. Despite signs of economic recovery in recent years, the benefits have not reached everyone, leaving many households struggling to keep up with rising living costs, stagnant wages, and persistent unemployment. The latest figures highlight widening inequality, particularly among young people, single‑parent families, and the long‑term unemployed. Inflation has intensified the pressure, eroding purchasing power and pushing vulnerable groups closer to the edge. Social organizations warn that the situation is becoming unsustainable, with increasing demand for food aid, housing support, and community services. While the government ha...
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Market Jitters: U.S. Stocks Retreat Amid Tariff Tensions

                                     

U.S. stock futures took a hit on Tuesday as investors reacted to President Donald Trump's latest tariff measures, sparking fears of an escalating trade war. The Dow Jones Industrial Average futures fell 0.3%, while S&P 500 futures dropped 0.5%, and Nasdaq 100 futures shed 0.6%. These declines followed Monday's sell-off, driven by concerns over the economic impact of the tariffs.

The new measures include a 25% tariff on imports from Canada and Mexico, alongside a doubling of duties on Chinese goods to 20%. In response, Canada announced immediate retaliatory tariffs on U.S. imports, while China imposed additional duties on American agricultural products. Despite the tensions, China's measured response left some room for negotiation, offering a glimmer of hope for market stability.

Retail giants like Target and Best Buy also faced challenges, with Target warning of profit pressures due to tariff uncertainties. Meanwhile, bond markets reflected growing concerns about global economic growth, as traders adjusted expectations for Federal Reserve interest rate cuts.

The unfolding trade tensions and their potential impact on global markets continue to dominate investor sentiment, leaving markets on edge as they navigate this uncertain landscape.

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