On Sunday 61 percent of Greeks voted against the strict austerity terms demanded by the European Union and International Monetary Fund. For Greece's international creditors it was a case of Apocalypse at the Acropolis.
The deadline to reach a long-term comprehensive deal on the Iranian nuclear issue was extended last month from June 30 to July 7 in Vienna.
In spite of repeated warnings that a "No" vote would mean a possible exit from the euro and drive its fragile financial system into bankruptcy, Greece chose a resounding "No" to creditors' bailout terms on Sunday.
The incidents in which Chinese tourists were attacked and disturbed in Turkey last week has drawn grave concerns in China over the safety of Chinese sightseers.
The central authorities have introduced a number of measures to help the ailing stock market get back on track, including cutting the number of new shares hitting the market, calling on top brokerages to buy massive amounts of shares and pledging to raise money through multiple channels. Comments:
The divorce rate in China has been increasing for the past 12 years with about 1 in every 3 marriages ending in divorce, according to data from the Ministry of Civil Affairs.
It is reported that a rural credit cooperative union in Henan province, Central China, has stipulated that its female employees have to report their pregnancy plans and apply and wait for their turn to give birth. If they fail to carry out the plan and affect the work schedule, they have to pay a fine of 1,000 yuan ($160). Comments:
On June 30, the Chinese government issued its Intended Nationally Determined Contribution, announcing its actions to fight against and adapt to climate change in the post-2020 period.
What we are witnessing in Greece and beyond, in Europe, is an absurd but not entirely unexpected spectacle. During the past couple of decades since the fall of the Berlin Wall and the disintegration of the Soviet Union, there has never been such a powerful agglomeration of political risk. Fear reigns supreme not just among investors.
On June 26, when the American and Chinese women's teams faced each other in the semi-finals in the Football World Cup, it brought back memories of the last time they faced each other in the World Cup: the 1999 final in the United States.
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