Monday, August 26, 2019

Greece to present new proposals on Tuesday

Greece to present new proposals on Tuesday while experts warn that Greece faces may insolvency if things wont work out. Alexis Tsipras and Angela Merkel ended their telephone call today and Greek officials confirmed that Tsipras agreed to present a “comprehensive” Greek proposal for an aid deal at Tuesday’s emergency leaders summit. Meanwhile Greece will issue a new decree today to extend the bank holiday for a few more days, bankers are telling Reuters.

In another development Greece’s maverick finance minister Yanis Varoufakis, who announced his surprise resignation left the Ministry of Finance with his wife Danai on the back of a motorbike in downtown Athens creating flurry of Tweets today.

US stock markets have opened after the July 4 holiday long weekend and so far reaction to the Greek crisis is muted. The Dow, S&P 500 and Nasdaq are all down around 0.5% in early trading.So far US investors have largely shrugged off the Greek crisis and it looks like they same mood will prevail today. But anything can happen. During the last Euro-crisis US markets went on a roller coaster ride as investors worried about “contagion” and Greek woes spreading across Europe.

MOST READ

Mental Health in Yoga

In Yoga equal, if not more, importance is given to mental health as is to physical health. A person who is mentally healthy is...

Al Salam Bank-Bahrain offers Mazaya mortgages with low down payments from BD500

Al Salam Bank-Bahrain, the pioneering Shari’a compliant bank in the Kingdom of Bahrain, reaffirmed its commitment to helping customers realize their homeownership dreams. As...

Graduating High School? Apply to University of Bahrain on Bahrain.bh

Are you considering the University of Bahrain (UoB)? Cut down on time spent on physical visits by applying online for UoB’s undergraduate programs via...

Limited Promotional Offer on Land Rover’s Most Versatile Compact SUV, The Discovery Sport

Land Rover Bahrain presents an exceptional finance deal on its range of award-winning 2019 Discovery Sport models. Through the campaign, customers can purchase the New...

Dell’s latest XPS 13 and Inspiron laptops feature Intel’s Comet Lake 10th Gen CPUs

Dell has announced a refresh of its XPS 13 laptop ahead of IFA 2019, and each configuration will be built with Intel’s new U-series...

iGA, Municipal Councils & Capital Secretariat to Partner in the Development of eServices

Manama, Kingdom of Bahrain – Information & eGovernment Authority (iGA) Chief Executive, Mohammed Ali AlQaed received in his office at Isa Town the Chairman...

Zain Bahrain Partners with Sharaf DG

Zain Bahrain, a leading telecoms operator in the Kingdom, has partnered with Sharaf DJ Bahrain, the leading electronic retailer in the region, to offer...

This Mophie wireless charger is probably the closest thing to AirPower that Apple will ever sell

Apple has begun selling two multidevice wireless chargers from Mophie. Both the Dual Wireless Charging Pad and 3-in-1 Wireless Charging Pad are coming to...

McLaren Automotive announces striking new Ultimate Series model at Pebble Beach Concours, promising open-top driving perfection

An all-new Ultimate Series McLaren supercar, focused on the exhilaration of pure, open-top driving, announced by CEO, Mike Flewitt during a customer briefing at...

Disneyland’s ‘Avengers Campus’ theme park unveiled at D23

Disney finally unveiled new details about its new Marvel Cinematic Universe (MCU)-themed area arriving at Disneyland at its D23 expo on Thursday. Disney had...

Feel at Home at Fatima Gul Café

Fatima Gul Café is located at Al Janabiyah, Saar with a shop decor akin to the countryside of 80’s. The visit will remind you of...

iGA Launches Summer ePayment Campaign with Talabat

Manama, Kingdom of Bahrain – The Information & eGovernment Authority (iGA) launched a promotional campaign in cooperation with Talabat, the online food ordering company,...

ENJOY A HASSLE-FREE SUMMER WITH AL HADDAD MOTORS’ SERVICES

Mercedes-Benz prioritizes safety and comfort and as a result Al Haddad Motors is bringing you great offers on services that will help ensuring that...

Birth & Death Certificate Service to be Transferred to iGA’s Isa Town HQ

Manama, Kingdom of Bahrain – The Information & eGovernment Authority (iGA) announced that birth and death certificate issuance services will continue to be provided...

Bahrain’s First fully dedicated Franchise Service Providers

The best thing that can improve your business is Franchising it the right way: Franchising is the practice of using another firm's successful business model....