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International tensions, political changes and economic developments in the news

2026-06-04

International tensions, political changes and economic developments in the news

Iran is at the center of international news today. The country's supreme leader, Mojtaba Khamenei, warned of the danger of internal divisions, calling for national unity after what he described as the "defeat of the enemy on the battlefield." At the same time, tension in the region is seriously affecting Kuwait. The country, which is a US ally, is facing problems due to Iran's retaliation and the closure of the Strait of Hormuz, which forced it to reduce its activities.

In neighboring Albania, citizens continue their protests for the third consecutive day. Thousands of people demonstrated in the streets of Tirana against a major investment for a luxury resort involving Jared Kushner. Protesters are expressing their anger against Prime Minister Edi Rama, considering the investment controversial.

In Greece, significant political developments took place in Parliament. New Democracy's proposal for the revision of the Constitution was officially announced in the Plenary, following an initiative by Prime Minister Kyriakos Mitsotakis. The competent Revision Committee now has a two-month deadline to examine the proposed changes and submit its report.

In the field of economy, the Athens Stock Exchange is showing signs of recovery. Buyers are returning cautiously, looking for opportunities for a new upward trend in the market. The picture is similar in European markets, which are moving slightly upwards on Thursday, trying to cover the losses recorded in previous days.

Meanwhile, Russian Deputy Prime Minister Alexander Novak announced that oil production in Russia is lower compared to the beginning of the year. This is mainly due to emergency maintenance work being carried out at the country's refineries. Novak stressed that Russia is trying to maximize the use of its infrastructure for oil exports.

In more pleasant news from Athens, the "Alimos Classic Car Sunday" event was a huge success. More than 30,000 visitors admired historic cars as well as new electric models in Alimos. The participation of the public, and especially young people, broke every previous record, making the 7th edition the most successful to date.

In the field of culture, the Ministry of Culture has already started the procedures for the 2027 Academy Awards. It issued an invitation to interested creators to submit their films so that the cinematic work that will represent Greece in the International Feature Film category can be selected.

Finally, a problem in maritime transport was resolved at the port of Mytilene. The ship "Nissos Rodos," carrying 211 passengers and many vehicles to Chios and Piraeus, finally managed to set sail late at night. The delay was due to a tangle in the ship's mooring line, which was successfully addressed.

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