Haris Doukas warns that with 700,000 residents and 8 million tourists, people are being pushed out of their neighbourhoodsIn the heart of ancient Athens, on narrow streets and around archaeological sites, visitor groups appear to be everywhere, snaking their way behind tour guides.Previously, officials would have welcomed such scenes. But for Haris Doukas, the socialist mayor who is determined to reclaim the capital’s congested city centre for its citizens, the start of tourist season leaves the city at risk of “over-saturation.” Entire neighbourhoods, he believes, are in danger of losing their authenticity because of uncontrolled tourist development. Continue reading...
• The number of small businesses in the United States continues to grow amid entrepreneurial optimism.
• Owners report increasing difficulty securing startup capital needed to launch and expand operations.
• Policies associated with President Trump are cited by business leaders as dampening access to financing for new entrepreneurs pursuing the American Dream.
• Sequoia Capital announced a $7 billion expansion fund under new leadership specifically targeting late-stage AI startups across the U.S. and Europe.
• The fund aims to accelerate growth for mature AI companies navigating scaling challenges in competitive markets.
• This massive capital injection underscores surging investor confidence in AI's long-term potential amid rapid technological advancements.
Design among projects before US Commission of Fine Arts as lawsuits challenge scale and impactDonald Trump’s design for the triumphal arch he wants built at an entrance to the US capital comes up for a review and possible vote on Thursday by a key federal agency. It is one of several projects the US president is pursuing alongside a White House ballroom to leave his lasting footprint on Washington.Trump said on social media that the arch “will be the GREATEST and MOST BEAUTIFUL Triumphal Arch, anywhere in the World” and a “wonderful addition to the Washington D.C. area for all Americans to enjoy for many decades to come!”. Continue reading...
• Capitals riding wave of positive outcomes, including Rangers' 4-1 win over Detroit aiding their climb.
• New York Rangers score 19 goals in last five games, fueled by rookies like Gabe.
• Matchup tests Capitals' momentum against hot Rangers squad.
• Blue Owl Capital investors requested $5.4 billion in redemptions from two private credit funds amid accelerating outflows in the financial services sector.
• The fund manager reversed its policy by capping redemptions at 5% to manage liquidity pressures effectively.
• This development highlights rising concerns over private credit market stability amid broader economic uncertainties.