Uncertainty

Facing uncertainty with Faith

The precious metal has often been considered a safe-haven asset for investors in times of conflict and uncertainty

After operating in Cyprus for four years, Greek confectionery chain Terkenlis has made the decision to close its doors there.

Over the past two weeks, the company has ceased operations and deactivated its social media presence.

The specific reasons behind the closure are unknown, leaving uncertainty regarding the company's future actions within the Cypriot market. 

"One critical limit of our mind is our excessive trust in what we believe we know and our apparent incapacity to acknowledge the spread of our ignorance and incertitude of the world we live in." Daniel Kahneman "Thinking fast and slow" (Free translation) Uncertainty! No need to explore this fact further.

This improvement takes place while there is huge uncertainty in the European economy – The 9th upgrade of the Greek economy in the last two and a half years

“Vacuum is nothing more than space full of energy & even if we empty it according to the Heisenberg uncertainty principle that ‘nothing’ has weight”

In an emotional farewell speech on Tuesday, Greek infectious disease professor and Health Ministry spokesman Sotiris Tsiodras announced that the televised live briefings on the developments with the novel coronavirus in the country will wind down at the end of the week and be replaced by weekly statements.

Hopes may run high at the start of the first year in which Greece finds itself free from bailout programs after eight years, but realistic expectations remain, unfortunately, low.

Banks are planning for new loan issues adding up to over 10 billion euros within the year, mainly to enterprises, provided of course that estimates for an improvement in the economic environment are confirmed.

Donald Trump will become U.S. president in a few weeks. The silence is deafening. I feel a deep anxiety around the globe, twisting and turning under the surface. Trump has already made more than a few blunders just during the transition period.