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Greece’s Asylum Freeze Sparks Global Outcry Amid Crete Migrant Surge

In a move that has ignited fierce backlash from human rights organizations and the United Nations, Greece has passed legislation temporarily halting asylum applications from migrants arriving by sea from North Africa. The three-month suspension, approved by parliament with 177 votes in favor and 74 against, allows for expedited repatriation without prior identification. Prime Minister Kyriakos Mitsotakis defended the measure as a “difficult but necessary decision” in response to a sharp rise in irregular arrivals, particularly from Libya to the island of Crete. Over 7,000 migrants have reached Crete and nearby Gavdos this year, straining local resources and prompting concerns from the tourism industry. Rights groups, including the International Rescue Committee, have condemned the ban as illegal and inhumane, warning it violates international and European law. The UNHCR echoed these concerns, emphasizing that the right to seek asylum is a fundamental human right regardless of how or wh...
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Wall Street Rebounds: U.S. Stocks Hit Record Highs After Tariff Turmoil

In a dramatic turnaround, U.S. stock markets closed at all-time highs on Friday, just months after a steep plunge triggered by fears over escalating tariffs. The S&P 500 rose 0.5%, surpassing its previous record set in February, while the Nasdaq Composite and Dow Jones Industrial Average also posted gains of 0.5% and 1%, respectively.

This milestone marks a swift recovery from a nearly 20% drop earlier in the year, when uncertainty surrounding the Trump administration’s trade policies rattled investors. The rebound was fueled by easing tensions with China, a preliminary trade deal, and signs of resilience in consumer spending despite inflationary pressures.

Nike led the charge with a 15.2% surge, even as it warned of tariff-related challenges. Meanwhile, oil prices stabilized and inflation data came in largely as expected, helping to calm market nerves.

Though concerns remain—particularly around ongoing trade negotiations and inflation—the market’s resilience has offered investors a renewed sense of optimism. As one strategist put it, “Investors will breathe a sigh of relief”.

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