The Hellenic Navy (HN) (Greek: Πολεμικό Ναυτικό, Polemikó Naftikó, abbreviated ΠΝ) is the naval force of Greece, part of the Greek Armed Forces. The modern Greek navy has its roots in the naval forces of various Aegean Islands, which fought in the Greek War of Independence. During the periods of monarchy (1833–1924 and 1936–1973) it was known as the Royal Navy (Βασιλικόν Ναυτικόν, Vasilikón Naftikón, abbreviated ΒΝ).The total displacement of all the navy's vessels is approximately 150,000 tons.The motto of the Hellenic Navy is "Μέγα το της Θαλάσσης Κράτος" from Thucydides' account of Pericles' oration on the eve of the Peloponnesian War. This has been roughly translated as "Great is the country that controls the sea". The Hellenic Navy's emblem consists of an anchor in front of a crossed Christian cross and trident, with the cross symbolizing Greek Orthodoxy, and the trident symbolizing Poseidon, the god of the sea in Greek mythology. Pericles' words are written across the top of the emblem. "The navy, as it represents a necessary weapon for Greece, should only be created for war and aim to victory."...............The Hellenic Merchant Marine refers to the Merchant Marine of Greece, engaged in commerce and transportation of goods and services universally. It consists of the merchant vessels owned by Greek civilians, flying either the Greek flag or a flag of convenience. Greece is a maritime nation by tradition, as shipping is arguably the oldest form of occupation of the Greeks and a key element of Greek economic activity since the ancient times. Nowadays, Greece has the largest merchant fleet in the world, which is the second largest contributor to the national economy after tourism and forms the backbone of world shipping. The Greek fleet flies a variety of flags, however some Greek shipowners gradually return to Greece following the changes to the legislative framework governing their operations and the improvement of infrastructure.Blogger Tips and Tricks
This is a bilingual blog in English and / or Greek and you can translate any post to any language by pressing on the appropriate flag....Note that there is provided below a scrolling text with the 30 recent posts...Αυτό είναι ένα δίγλωσσο blog στα Αγγλικά η/και στα Ελληνικά και μπορείτε να μεταφράσετε οποιοδήποτε ποστ σε οποιαδήποτε γλώσσα κάνοντας κλικ στη σχετική σημαία. Σημειωτέον ότι παρακάτω παρέχεται και ένα κινούμενο κείμενο με τα 30 πρόσφατα ποστς....This is a bilingual blog in English and / or Greek and you can translate any post to any language by pressing on the appropriate flag....Note that there is provided below a scrolling text with the 30 recent posts...Αυτό είναι ένα δίγλωσσο blog στα Αγγλικά η/και στα Ελληνικά και μπορείτε να μεταφράσετε οποιοδήποτε ποστ σε οποιαδήποτε γλώσσα κάνοντας κλικ στη σχετική σημαία. Σημειωτέον ότι παρακάτω παρέχεται και ένα κινούμενο κείμενο με τα 30 πρόσφατα ποστς.........

Friday, May 7, 2010

The modern ...:"Greek Fire ".... [ 1194 ]

The week in pictures: 7 May 2010

A riot policeman falls after being hit with a Molotov cocktail 
near the Greek parliament in Athens during a nationwide strike
A riot policeman falls after being hit with a Molotov cocktail near the Greek parliament in Athens during a nationwide strike
Picture: REUTERS

Former Argentine Navy accused for "death flights" [ 1193 ]

'Death flights' suspect returned to Argentina

By the CNN Wire Staff
May 7, 2010 12:54 p.m. EDT

Former Argentine Navy Lt. Julio Alberto Poch, seen here in a file 
picture, was arrested in September last year.
Former Argentine Navy Lt. Julio Alberto Poch, seen here in a file picture, was arrested in September last year.
(CNN) -- An Argentine pilot accused of participating in "death flights" during the nation's "dirty war" in the 1970s and '80s has been extradited from Spain and will face charges Friday, the government's Judicial News Service reported.

Former Argentine Navy Lt. Julio Alberto Poch was arrested last year on charges that he was at the helm of aircraft from which 950 drugged and blindfolded prisoners were thrown alive during the 1976-83 right-wing dictatorship. 

Poch, a commercial pilot for the Dutch airline Transavia.com, was arrested September 23 when his flight made a stopover in Valencia.
He was wanted on an international arrest warrant and was returned to Argentina on Thursday.

As many as 30,000 people disappeared or were held in secret jails and torture centers during the dictatorship.

The prisoners included students, labor leaders, intellectuals and leftists who had run foul of the dictatorship because of their political views. Most were dragged off the street or otherwise summarily arrested and held without trial in secret prisons where many were tortured.

Another pilot, former Navy Capt. Emir Sisul Hess, was also arrested last year on similar charges. Sisul Hess, accused in 56 deaths, was captured in the Argentine town of Bariloche, near the border with Chile.

Sisul Hess must remain in prison pending trial, authorities determined at a hearing in April. No date for the trial has been set.

Both men were arrested after they told colleagues or friends about their alleged involvement, Argentina's government-run Telam news agency said.

NASA Image of the Day, May 7th [ 1192 ]


The latest NASA "Image of the Day" image.

The constellation Vulpecula is a veritable entire assembly line of newborn stars. The diffuse glow reveals the widespread cold reservoir of raw material that our Milky Way galaxy has in stock for building stars. 
Large-scale turbulence from the giant colliding galactic flows causes this material to condense into the web of filaments seen in this image. 
 
As the stellar material becomes colder and denser, gravitational forces take over and fragment these filaments into chains of stellar embryos that can finally collapse to form baby stars. 
 
These scientific results from the European Space Agency's Herschel infrared space observatory are revealing previously hidden details of star formation. 
 
New images show thousands of distant galaxies furiously building stars and beautiful star-forming clouds draped across the Milky Way. 
 
One image captures an ‘impossible’ star in the act of formation. Presented on May 6, 2010, during a major scientific symposium held at ESA, the results challenge old ideas of star birth, and open new roads for future research. 
 
Herschel’s observation of the star-forming cloud RCW 120 also revealed an embryonic star which may become one of the biggest and brightest stars in our galaxy within the next few hundred thousand years. 
 
The star already contains eight to ten times the mass of our sun and is still surrounded by an additional 2,000 solar masses of gas and dust from which it can feed.  
 
More on the new results and images from ESA's Herschel, visit http://www.esa.int/SPECIALS/Herschel/index.html. Image credit: ESA/Hi-GAL Consortium
Παρασκευή, 7 Μάιος 2010 7:00:00 πμ

Εξέλιξη Ελληνικών spread ομολόγων ....[ 1191 ]

Η άνοδος των spread ομολόγων

το οικονομικό επιτελείο και τα κατορθώματα του
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Αύγουστος 26, 2009-(spread ομολόγων 106 μοναδες)
Τι κρύβεται πίσω από τη σύγκλιση του spread ομολόγων
Ομως, η πιο εντυπωσιακή αποτύπωση της επενδυτικής ευφορίας βρίσκεται στη συρρίκνωση των επιτοκιακών spread.
Είναι χαρακτηριστικό ότι το spread που χωρίζει την απόδοση του ελληνικού 10ετούς ομολόγου αναφοράς από το αντίστοιχο γερμανικό μειώθηκε στις 106 μονάδες βάσης αυτή την εβδομάδα, πριν ξαναπάρει την ανιούσα προς τις 112 μονάδες. Σημειώνεται ότι μια ποσοστιαία μονάδα ισούται με 100 μονάδες βάσης.
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Νοέμβριος 28, 2009.-( spread ομολόγων 217 μοναδες )
Mε μια συντονισμένη προσπάθεια ο υπουργός Oικονομικών Γ. Παπακωνσταντίνου και ο διοικητής της Tραπέζης της Ελλάδος Γ. Προβόπουλος επιχείρησαν χθες να αναχαιτίσουν τις πιέσεις που ασκούνται από τις διεθνείς αγορές στην ελληνική οικονομία.
Είναι χαρακτηριστικό ότι τα spreads των ελληνικών δεκαετών ομολόγων υποχώρησαν χθες στα επίπεδα των 197 μονάδων βάσης, ενώ το πρωί είχαν αναρριχηθεί σε υψηλά 7 μηνών και συγκεκριμένα στις 217 μ.β.
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Απρίλιος 26, 2010 .-( spread ομολόγων 655 +  μοναδες )
Spreads χρεοκοπίας στις 650 μ.β. - Έως 13% οι αποδόσεις - Πτώση 2,86% στο ΧΑ - Η αγορά ομολόγων κατέρρευσε. Οι  τιμές αποσύρθηκαν  στα ομόλογα από τον μηχανισμό της ΗΔΑΤ  με στόχο να μην χαθεί ο έλεγχος. Στο μόνο ομόλογο που υπήρχε  τιμή ήταν  ο Μάιος 2010 η παλιά 10ετία. Στο Euro MTs στην ευρωπαική πλατφόρμα ομολόγων υπάρχουν τιμές διαμορφώνοντας το spread στις 655 μ.β. Προ της  απόσυρσης των τιμών το spread στην Ελλάδα στην ΗΔΑΤ βρισκόταν στις 650  μονάδες βάσης που αποτελούν όχι μόνο νέο ρεκόρ αλλά χαρακτηρίζονται spreads χρεοκοπίας.  
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Τώρα σκάσε και ....σπρώξε
Nearchus

UK after the Elections...[ 1190 ]

  The results of the UK  General Election



BBC Page last updated at 15:27 GMT, Friday, 7 May 2010 16:27 UK

326 to win
Party Predicted seats Seats Change Vote %
Conservative
305 +97 36.1
Labour
258 -91 29.1
Liberal Democrat
57 -5 23.0

David Cameron makes a "big, open and comprehensive offer" to the Lib Dems to work in government with the Conservatives. 
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N.B.  *  My post 1106 of 29/4/10 , I have said that Liberals will be much down  of what the polls were suggesting