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Ilias Sourdis
Ilias Sourdis is a freelance 60-year-old Greek expatriate and businessman. He has lived outside Greece since 1976 -- with most of his experience in Asia, and with short travels and stays in other parts of the world.

Entries by Ilias Sourdis

Greece Back In The Market. A Financial Miracle or Voodoo Economic Therapy?

(3) Comments | Posted May 12, 2014 | 11:18 AM

Greeks due to the collapse of their economy are still under lethal Troika's (IMF-ECB-EU) financial austerity measures which accelerated poverty, bankruptcies, massive unemployment and suicides. Surprisingly, their government announced the resumption of selling bonds to pile-up more debts.

This announcement surprised even the most optimistic Greeks who don't feel...

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G7, G8, G20, IMF, World Bank and Other Exclusive Groups

(1) Comments | Posted April 16, 2014 | 4:21 PM

Oftentimes we are informed about a meeting of G7, G8, G20, IMF, Davos Economic Forum etc., but, do we really know why they were formed and what is their mission? What have they achieved? Are the common citizens benefiting from their existence?

One more of such meeting was concluded...

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Ukrainian Crisis: Product of Excessive Foreign Meddling And Political Miscalculations

(13) Comments | Posted March 31, 2014 | 5:07 PM

It is indeed saddening to watch these days the unfolding events in Ukraine, where in a matter of weeks, peaceful cities around the country turned into places of violent protests, divided the population and placed the territorial integrity of Ukraine as a nation under threat. Months of destructive anti-government political...

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Philippines Typhoon Haiyan: Act Now or Regret Later

(0) Comments | Posted November 23, 2013 | 3:01 AM

Haiyan Exposes the Philippines' Vulnerability to Yearly Typhoons

As soon as the killer storm exited the Philippine islands, people around the world familiarized themselves with the word Haiyan or Yolanda as code-named by the Philippines. We learned more details on what a typhoon us. Its devastating effects to communities living...

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Effects of "Corporate" Political Parties

(17) Comments | Posted October 7, 2013 | 11:58 AM

Do we really understand the depth of this government shutdown and what exactly means for the ordinary citizens?

Here are some pointers which must serve as eye openers and make all of us rethink about the quality of democracy practiced in America and some other modern democracies.

In the...

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UK Compensates Kenyan Torture Victims, Boosts Greece's Hope For WWII German Reparations

(7) Comments | Posted June 9, 2013 | 3:42 PM

Will Germany make the similar bold move to end the Odyssey for justice to the Greek victims and close these dark chapters of history?

Among the major media networks, I was delighted to read the other day also in the DW (Deutsche Welle) website:

"The British government has...
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Greece's Unsettled WWII German Reparations: A Stain in the International Legal System

(30) Comments | Posted March 21, 2013 | 2:53 PM

Frustrated with the persistent refusal of Germany to settle the decades long pending WWII German reparation obligations, ordinary Greek citizens have organized a petition and are collecting signatures to demand the long delayed settlement.

The ongoing petition at is receiving support and solidarity from people around the...

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World Economic Forum Ended, Crisis Will Continue

(8) Comments | Posted February 4, 2013 | 12:13 PM

One more World Economic Forum meeting ended in Davos, Switzerland and business pages are full of statements, opinions and suggestions by the business and financial architects of the world. This event which takes place every year this time; its main agenda is to discuss and propose solutions to political, financial,...

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The Technological Achievements of My Generation

(0) Comments | Posted January 18, 2013 | 4:53 AM

Born before electricity reached several parts of the world, when our town was electrified and several appliances plugged in our homes, we had reason to believe that our life will be much better than the previous generations.

Soon after we switched on our TV sets, manipulative marketing gurus with...

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Global Economies on the Edge of Cliffs

(0) Comments | Posted January 4, 2013 | 10:59 AM

Over the past few years the terminologies used by financial pundits and political leaders to describe the economies are getting scarier, prompting me into adding my own non-expert and somehow cynical description, from a different point of view, not related to any fancy modern title of "financial strategist," "financial engineer,"...

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Flawed Logic and Contradictory Reasoning in Defending Gun Ownership

(11) Comments | Posted December 26, 2012 | 1:58 PM

The indignation and strong outcries of gun shooting-related massacres after the lives of 20 tender aged souls and six of their educators were cut off within the premises of their school in Newtown, Conn., has raised waves of voices from both sides of the fence -- pro- and anti-gun advocates.

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Gun Ownership: A Culture Trapped Between "Wild West" and Internet Era

(2) Comments | Posted December 17, 2012 | 12:57 PM

It is unfortunate that during tragedies like the Sandy Hook Elementary School in Newtown, Connecticut we hear voices of concern to ban the ownership of guns and immediately after the burial of the victims, the entire issue is forgotten till the next gun shooting tragedy occurs again.

While we pray...

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Torture Victims Win Case Against UK, But WWII Greek Victims Still Await Justice

(0) Comments | Posted November 5, 2012 | 5:20 AM

Congratulations to the three Mau Mau Kenyan torture victims who recently won a landmark victory of immense global repercussions against their former colonizers, the UK.

Kudos to the honorable judges of Britain's High Court for their brave decision which will open wide the floodgates for all the unsettled...

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Searching for Logic in the Bubbles of Ballyhoo

(0) Comments | Posted August 22, 2012 | 5:57 PM

There is hardly anything we do today without the influence of excessive marketing, commercials, and exaggeration. If we take a cup of coffee and sit on the 'imaginary rooftop' of our world and start gazing around at our societies to analyze our achievements, it won't take long for us to...

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Did a Culture of Insatiable Greed Turn an Entire Generation into 'Crooks?'

(5) Comments | Posted August 5, 2012 | 10:29 PM

Many of my generation were born long before electricity had reached our rural areas and started our lives with many beautiful human values such as, self respect, respect for others, love and pride for family, religion, country, and taught to live within our means. Indeed very good values to build...

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Greek Elections: Greek Electorate Invited Again to the Crossroads of Uncertainty

(17) Comments | Posted June 15, 2012 | 2:33 PM

After the indecisive elections of May 6, 2012 Greek voters are invited again to select their next government from the same set of non-inspiring set of politicians who failed to generate enthusiasm from an electorate terrorized by repeated austerity measures, unemployment, bankruptcies, despair and worries of what the next day...

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Greece Is Better Off Outside the EU

(16) Comments | Posted May 1, 2012 | 12:46 PM

Greece throughout her long history endured much worse situations and was always able to overcome them and survive.

Joining the European Economic Community (EEC) was a big mistake because Greece was not an economic or industrial power seeking expansion. Let's face it. Greece cannot compete with the economies of Germany,...

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