Costas Simitis, former prime minister of Greece and key figure in the country’s adoption of the euro, has passed away at age 88. Simitis, a co-founder of the Socialist PASOK party, served as finance minister before becoming prime minister, overseeing austerity measures and infrastructure projects ahead of the 2004 Olympics. Despite achievements such as Greece’s entry into the eurozone, Simitis faced opposition within his party and ultimately resigned in 2004, leaving a complex political legacy.
Full Article
The US, Iran and markets
President Trump has launched airstrikes on Iranian nuclear facilities, claiming significant damage, but the aftermath remains uncertain. Potential market impacts include oil price fluctuations and broader economic consequences, particularly if Iran escalates tensions or retaliates; scenarios range from negotiated peace to sustained military conflict. Need More Context? 🔎
Read more