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Business and economy Bank of Moscow, the fifth largest bank in Russia, in record bailout of $14 billion, after the discovery that almost a third of the bank's assets are "problematic," the Central Bank of Russia said. (BBC) (Moscow Times) A Bank of Japan survey shows that business confidence has fallen markedly since the 2011 TÅhoku earthquake and tsunami. (Washington Post) Manufacturing ...
Business and economics Moody's threatens to cut the debt rating of the United States. (BBC) Disasters Sixteen people are killed when Noar Linhas Aéreas Flight 4896 crashes in Recife, in the Brazilian state of Pernambuco. (BBC) Five people are killed in an explosion at an industrial estate in Boston, Lincolnshire. (Channel 4) (BBC News) (The Guardian) International relations South Sudan is ...
Business and economy European sovereign debt crisis: Eurozone finance ministers agree to give a further €12 billion over the next two weeks to Greece as it fights bankruptcy. (BBC) (Al Jazeera) Australia's Civil Aviation Safety Authority grounds all Tiger Airways flights in the country until July 9 due to a range of safety concerns. (AAP via The Sydney Morning Herald) Disasters 3 coal miners ...
Business and economy Euro zone leaders secure a €109 billion bailout for Greece with the country going into default for a short period, but with increased powers for the main European rescue fund to assist countries that have not been bailed out, such as Spain and Italy. (New York Times) Disasters The Government of Japan publishes a reconstruction plan for areas devastated by the 2011 ...
International relations South Sudan secedes from Sudan, becoming a sovereign state. (Los Angeles Times) Politics Malaysian police fire tear gas and arrest hundreds of people as more than 20,000 people march in the 2011 Bersih 2.0 rally demanding electoral reform in Kuala Lumpur. (Bloomberg via Business Week) (AP via Seattle Post-Intelligencer) (BBC) Sport The Queensland Reds of Australia ...
The 2011 Tour de France finishes in Paris with cyclist Cadel Evans becoming the first Australian to win the event. ( Herald Sun ) , (AP via France24) Uruguay defeats Paraguay 3-0 in the finals of the 2011 Copa América , capturing their 15th title and becomes the nation with most Copa América titles.
Disasters A Moroccan military transport plane crashes into a mountain in the south of the country killing 78 of 81 on board. (BBC News) (Al Jazeera) International relations Senior North Korean diplomat Kim Kye Gwan heads to the United States for discussions on reopening the six-party talks on his country's nuclear weapons program. (Yonhap News) Law and crime Senegalese rapper and government ...