The price of American oil again exceeded $100 a barrel on Sunday to Monday night, in the first transactions after opening markets. The rise followed the announcement of the US armed forces to block Iranian ports, due to the absence of an agreement to end the war in the Middle East. West Texas Intermediate (WTI) for delivery in May rose 7%, while Brent North Sea for delivery in June reached 101.80 dollars with an increase of 6.8%.
Anthropic announced on April 7 that its new artificial intelligence model, the «Mythos», is so powerful that it cannot be released freely. Company head Dario Amodei is concerned about his skills in finding security gaps in software. Mythos has already identified critical vulnerabilitys in all major operating systems and browsers, including one that remained hidden for 27 years. Anthropic, who saw her annual revenue being launched at $30 billion on April 6, began the «Project Glasswing» to help companies strengthen their cybersecurity before the wide circulation of the model.
Current prices remain low, with 11 fixed tariffs and three "green" (including PPC) below 15 cents per kilowatt hour in April. Deputy Environment Minister Nikos Tsafos said there is no alarm, as wholesale prices are lower than last year. The Gulf truce, low gas prices, increased hydroelectric production and RES contribute. A positive development is the restart of oil production in Prino in February, aiming at 1,500 barrels daily from certified reserves of 40 million barrels.
Debt management companies (servicers) cut one in two red loans, trying to address the problem of private debt corresponding to a GDP (EUR 245 billion). Non-performing loans amount to 73.9 billion euros, with 68 billion being managed by servicers. The haircut reaches up to 74% in consumers, 45% in housing and 62% in small business loans. The government is promoting a new digital platform for non-performing loans to operate from autumn, creating transparency in the secondary market worth 80 billion euros.
