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Wall Street Pauses as Oil Surges and Tesla Stumbles

  U.S. stocks stalled on Thursday as investors weighed a sharp rise in oil prices against a wave of fresh corporate earnings. Futures tied to the Dow Jones Industrial Average and the S&P 500 hovered near the flat line, while the Nasdaq 100 also showed little movement. Energy markets took center stage after oil futures jumped more than 5% following new U.S. sanctions on Russian producers, pushing Brent crude toward $66 a barrel and West Texas Intermediate closer to $62. The surge added pressure to inflation concerns already weighing on Wall Street. On the corporate front, Tesla shares slipped over 3% in premarket trading after the electric vehicle maker posted mixed third-quarter results, disappointing investors and kicking off the “Magnificent Seven” earnings cycle. IBM stock also dropped about 7% , as stronger-than-expected profits were overshadowed by weaker software revenue. Traders are now awaiting results from American Airlines and T-Mobile , with Intel set to ...
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Future-Proofing Paradise: €35 Billion Needed to Sustain Greek Islands by 2035

                                            Santorini

The Greek islands, long celebrated as jewels of global tourism, face a critical challenge: without significant infrastructure upgrades, their appeal could falter in the coming decade. A new study by the National Bank of Greece (NBG) estimates that €35 billion in investment is required by 2035 to safeguard the islands’ competitiveness on the world stage.

The report highlights urgent needs across transport, energy, water, and waste management systems, all of which are under mounting pressure from rising visitor numbers. Nearly half of all foreign tourists to Greece choose the islands, underscoring their central role in the nation’s economy.

But the challenge extends beyond financing. The NBG stresses the importance of a modern governance framework to coordinate priorities, allocate resources effectively, and ensure that funds translate into integrated, sustainable projects.

As global tourism competition intensifies, the study frames this investment not as optional, but as essential to preserving the islands’ status as a premier destination while ensuring long-term resilience.


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