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International News

Faber warns of global gloom as China’s economy sputters
A notable investor is warning that the Chinese economy might not just be slowing down, it could even be contracting.
Posted on 8-21-2015 at 2:03 PM
Eldorado Gold to suspend Greek operations, take legal action
Eldorado said its Greek arm, Hellas Gold SA, is taking legal action against the ministry’s decision, including the filing of an injunction request before the Greek Supreme Court.
Posted on 8-21-2015 at 10:50 AM
Greek PM announces resignation to pave way for snap polls
Tsipras submitted his resignation to President Prokopis Pavlopoulos and asked for the earliest possible election date.
Posted on 8-20-2015 at 12:02 PM
Japan economy shrinks in second quarter
Japan's economy shrank at an annualized pace of 1.6 percent in April-June as exports slumped and consumers cut back spending, adding pressure on Prime Minister Shinzo Abe to step up his policy drive to lift the economy out of decades of deflation.
Posted on 8-17-2015 at 9:02 AM
Greek PM likely to call confidence vote after party revolt
The Greek government appears likely to call a confidence vote, following a rebellion among lawmakers from the ruling Syriza party over the country's new bailout deal, senior ministers said on Monday.
Posted on 8-17-2015 at 8:18 AM
Greek PM faces biggest party revolt yet as bailout succeeds
Greek Prime Minister Alexis Tsipras faced the widest rebellion yet from his leftist lawmakers as parliament approved a new bailout program on Friday, forcing him to consider a confidence vote that could pave the way for early elections.
Posted on 8-14-2015 at 7:18 AM
China says no reason for yuan to fall further as currency sinks again
China's central bank said on Thursday there was no reason for the yuan to continue sinking given the country's strong economic fundamentals, and warned investors against acting "like a herd of sheep."
Posted on 8-13-2015 at 7:23 AM
China's yuan hits four-year low, fueling fears of a currency war
China’s yuan continued its fall on Wednesday and sources said clamour in government circles to help struggling exporters would put pressure on the central bank to let it fall lower still.
Posted on 8-12-2015 at 7:26 AM

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