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Nov 23, 2010

Business Term of the Day: internet commerce

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Broad term covering all commercial activity on the internet, including auctioning, placing orders, making payments, transferring funds, and collaborating with trading partners. Internet commerce is not a synonym for electronic commerce (e-commerce) but one of its subsets.


Internet commerce is in the Banking, Commerce, Credit, & Finance, E-Commerce and Internet & World Wide Web subjects.

Internet commerce appears in the definitions of the following terms: credit card , consumer to business (C2B), consumer to consumer (C2C), co-branding, and countertrade.

Term of the Day - Ιnflation

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The overall general upward price movement of goods and services in an economy (often caused by a increase in the supply of money), usually as measured by the Consumer Price Index and the Producer Price Index. Over time, as the cost of goods and services increase, the value of a dollar is going to fall because a person won't be able to purchase as much with that dollar as he/she previously could. While the annual rate of inflation has fluctuated greatly over the last half century, ranging from nearly zero inflation to 23% inflation, the Fed actively tries to maintain a specific rate of inflation, which is usually 2-3% but can vary depending on circumstances. opposite of deflation.

Nov 17, 2010

Theodoros Kolokotronis (3 April 1770 – 4 February 1843)

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Theodoros Kolokotronis (Greek: Θεόδωρος Κολοκοτρώνης) was a Greek general and one of the leaders of the Greek War of Independence against the Ottoman Empire.

Kolokotronis' greatest success was the defeat of the Ottoman army under Mahmud Dramali Pasha at Dervenakia in 1822. In 1825, he was appointed commander-in-chief of the Greek forces in the Peloponnese. Today Kolokotronis is among the most revered of the protagonists of the War of Independence.
The Kolokotroneoi were a powerful and respected clan in Arcadia in the 18th century. Several members of his family have been kleftes literally thiefs, the freedom fighters during the years of Ottoman opression.

Kolokotronis was born at Ramavouni in Messenia, and grew up in Libovitsi in Arcadia. His father, Constantine Kolokotronis, took part in an armed rebellion which was supported by Catherine the Great of Russia, but was killed in an engagement along with two of his brothers George and Harry.[citation needed] Theodoros joined the ranks of a Peloponnesian guerrilla band, and by age fifteen was the leader (kapetanios, which means "captain") of his own group. He had a brief stint at sea as a corsair, then in 1805 he took service on a series of ships in the Russian fleet in the Russo-Turkish War. After 1810 he served in a corps of Greek infantry in English service on Zakynthos, then a British possession, and was awarded the brevet rank of brigadier for his service against the French. From his service in the regular Russian and British forces, Kolokotronis gained valuable insights that he would later use in his career.

O Geros tou Morea or "The Elder of Moreas,"

Kolokotronis returned to the mainland just prior to the outbreak of the war (officially, 25 March 1821) and formed a confederation of irregular Moreot klepht bands. These he tried to train and organize into something resembling a modern army. In May, he was named archistrategos or Marshal Commander-in-Chief. He was already 50 years old by this time, a fact which contributed to his sobriquet O Geros tou Morea or "The Elder of Moreas," whereby Morea was another name describing the Peloponnese. Kolokotronis' first action was the defense of Valtetsi, the village near Tripoli where his army was mustering.

He next commanded Greek troops in the siege of the coastal town of Nafplion. He took the port, and the Turkish garrison in the town's twin citadels was running low on supplies, but the disorganized Greek provisional government at Argos, just to the north, could not complete negotiations for its surrender before a large Ottoman force began marching southward to crush the rebels. Panicked, government officials abandoned Argos and began evacuations by sea at Nafplion. Only an under-strength battalion under Demetrios Ypsilantis remained to hold Larissa castle, the fortress of Argos.

After the war Kolokotronis became a supporter of Count Ioannis Kapodistrias and a proponent of alliance with Russia. When the count was assassinated on 8 October 1831, Kolokotronis created his own administration in support of Prince Otto of Bavaria as a king of Greece. However, later he opposed the Bavarian-dominated regency during his rule. He was charged with treason and on 7 June 1834 sentenced to death; but he was pardoned in 1835. Theodoros Kolokotronis died in 1843 in Athens one day after his son's Konstantinos(Kollinos) wedding.

Kolokotronis are honored many street names, especially many of them in almost every major city, most of the towns and some of its smaller towns. One of them in the populated cities is "Kolokotronis Street

Kolokotronis' portrait was depicted on the banknote of 1984-2001.

Nov 6, 2010

The Greatness of the Greek Language - H YΠΟΔΕΙΓΜΑΤΙΚΗ ΟΜΙΛΙΑ ΤΟΥ Κ.ΞΕΝΟΦΩΝ ΖΟΛΩΤΑ.

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Αυτήν την ομιλία την έκανε ο καθηγητής στη συνεύλευση του Διεθνούς Νομισματικού Ταμείου στην Ουάσινγκτον στις 26/9/1957.Δημοσιεύτηκε την επομένη στους Τάιμς της Νέας Υόρκης,και αναπαράχθηκε την μεθεπόμενη από όλα τα αμερικάνικα μέσα. (Προσοχή!Ότι διαβάσετε παρακάτω δεν είναι "Γκρίκλις",αλλά αγγλικά!!!)

"I eulogise the... archons of the Panethnic Nomismatic Thesayroys and the Ecumenical Trapeza for the orthodoxy of their axioms,methods and policies,although there is an episode of the of cacophony of the Trapeza with HELLAS.With enthousiasm we dialogue and synagonize at the synods of our didymous organizations in which polymorphous economic ideas and dogmas are analyzed and synthesized.Our critical problems such us the numismatic plethora generate some agony and melancholy.This phenomenon is characteristic of our epoch.But,to my thesis,we have the dynamism to program therapeutic practices as a prophylaxis from chaos and catastrophe.In parallel,a panethnic unhypocritical economic synergy and charmonization in a democratic climate is basic.I apologize for my eccentric monologue.I emphasize my eucharisties to you Kyrie,to the eugenic and generous.American ethnos and to the organizers and protagonists of this amphictiony and the gastronomic symposia".

Xenophon Zolotas, Washington DC 9/26/1957

Oct 12, 2010

Nikos Sampson

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Nikos Sampson (Nicos Sampson; Greek: Νίκος Σαμψών; December 16, 1935 – May 9, 2001) was the de facto president of Cyprus that overthrew Archbishop Makarios, President of Cyprus, in 1974.[1] Sampson was well known as a Greek nationalist and member of EOKA B, which sought Enosis (Union) of the island of Cyprus with Greece. He remained President for only eight days and the puppet regime that installed him failed to gain diplomatic recognition from any country. Shortly after the 1974 coup the New York Times described Sampson as the " Al Capone of Cyprus" and connected him with various criminal activities such as bank robberies and murders. He was also described as a 'thug and vicous killer' and a 'playboy gunman' by many journalists as reported in the 'Rough guide' to Cyprus. He strongly denied he was employed as a CIA asset when journalist Jack Anderson alleged that Sampson had been on their payroll for many years.

Sampson was born in the Cypriot port city of Famagusta to Sampson Georgiadis and Theano Liasidou. During his teenage years, he was a promising right back in the second team of Anorthosis Famagusta football club. The man who once boasted "Nobody says "no" to Nicos!" began his working life at a Nicosia newspaper, The Times of Cyprus, which was owned by Charles Foley. His original name was Nikos Georgiadis, but he adopted his father's forename as his (public) surname, a common custom in Cyprus in those days. Less well known as a Greek surname, it has been surmised that Sampson referred to the biblical figure, or even borrowed a chip off the English block. It helped to distinguish him from others who bore his surname and it was his nom de guerre during the EOKA resistance campaign against British rule in Cyprus, waged from 1955 to 1959, although he also became known as Atrotos (Greek: Áτρωτος), or Invulnerable.

"Nicos Sampson carries a Turkish flag captured during his attack on Ormophita, a Nicosia suburb. His militia and those of other Greek Cypriot ministers led to a near civil war when the Turkish Cypriots responded in kind in late December 1963. The Greek press reported 'what is taken after bloodshed is not given back'."

In Greece, Turkey and Cyprus, the 1950s were marked by a rise in nationalistic fervour. Since its inception in 1955, the EOKA organisation actively recruited young patriots during the period of its struggle. Joining EOKA, the young Sampson became known to the British Army and police as one of EOKA's most feared resistance fighters. He participated in a number of killings carried out along Ledra Street, including three police sergeants, for one of which Sampson was tried in May 1957. He confessed but was acquitted on the grounds that his confession may have been coerced by torture. By March 1959, when the shooting ended, 509 people had died, of whom 156 were British soldiers and police.

In 1960 he set up the newspaper Makhi, meaning battle, or struggle, which was one of the first Greek newspapers in circulation in the nation of Cyprus. In 1961, in a series of newspaper articles, he admitted his responsibility for the death of the police officers in 1956 during the resistance campaign against British rule. According to the Telegraph, as a journalist, he flew to Algeria to interview Ben Bella and to Washington to talk to J F Kennedy. He quickly accumulated race horses and fast cars from Greek and Greek Cypriot businessmen eager to show their patriotism.

Following an explosion to the statue of EOKA hero Markos Drakos in Nicosia, Sampson actively participated in clashes between the Greek and Turkish communities in December 1963. On the morning of 24 December, the clashes in Nicosia spread and fighting continued into the subsequent year. The fiercest fighting took place in Constantia, Neapolis, Ledra Palace and, especially, the suburb of Omorphita (Kucuk Kaymakli) where Sampson was particularly active. In Omorfita, which had a majority Turkish Cypriot population, Sampson led armed groups in fierce battles between Greek Cypriot and Turkish Cypriot irregulars after the Greek Cypriot families living in the suburb came under heavy fire from Turkish Cypriot militias who were aiming at bringing the whole suburb under Turkish Cypriot control. Apart from conventional weapons his groups used excavator trucks as makeshift tanks. According to American sources there were 17 dead, most of them Turkish Cypriots, and 70 wounded. In total, it is estimated that the whole intercommunal war cost the lives of about 350 Turkish Cypriot and 200 Greek Cypriot. The result of these clashes was the departure of the Turkish Cypriots from government and the segregation of the Turkish Cypriot community into enclaves. The United Nations responded by dispatching a peacekeeping force to Cyprus. The precise nature of the role of these troops, mostly British troops, has been the subject of some controversy.

On May 10, 2001, he died in Nicosia.

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