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Finance & Markets

Bessent at G20: growth key to solving debt crisis

U.S. Treasury Secretary Scott Bessent told finance leaders from the Group of 20 nations that economic growth is the solution to global debt problems as their meeting began in Asheville, North Carolina on Monday. Bessent said his message to the gathering focused on growth as the path forward for countries struggling with high debt levels ...

We haven't written up this one. Hellenic Shipping News has the full story — the link below goes straight to it.

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Chicago PMI Falls Significantly, Signals Contraction in Manufacturing

The latest data release for the Chicago Purchasing Managers’ Index (PMI) has revealed a notable decline, raising concerns about the economic health of the manufacturing sector in the Chicago region.

  • Chicago PMI falls to 47.1, indicating manufacturing contraction
  • Below 50 reading suggests economic downturn in region
  • Unexpected decline impacts market perceptions negatively

Greece Retail Sales Growth Slows in June

Retail sales in Greece increased 1.9% year-on-year in June 2026, slowing from a downwardly revised one-year high of 6.7% in the previous month.

  • Greece's retail sales growth slowed to 1.9% in June 2026
  • Food sales increased by 2.5%, down from 7.9% in May
  • Automotive fuel sales declined to -6.9%, down from -0.4%

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