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With Iran deal, political face of Mideast ready to be changed

​As Iran has finally come to terms with the world powers over its nuclear program after more than 18 months of marathon-like talks, a new era that could change the face of the Middle East region may well be opened.

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Housing headed for oversupply in Australia: report

​A new analysis indicates Australia' s housing market could be oversupplied within three years, according to new economic data.

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All Greek banks reopen Monday, capital controls remain: official

​All Greek banks will reopen on Monday July 20 after a three-week bank holiday, but capital controls will continue, according to an official statement released on Saturday.

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Olympic champ Sun Yang "almost back to peak", says coach

BEIJING, July 20 (Xinhua) -- Chinese Olympic and world swimming champion Sun Yang is back to shape as he builds up for the world championships starting this week.

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All Greek banks will reopen Monday: Deputy FinMin

​All Greek banks will reopen next Monday after a three-week bank holiday, Greek Deputy Finance Minister Dimitris Mardas said on Thursday in Athens. "All banks will reopen and citizens will be able to make more transactions," Mardas told Greek national television broadcaster ERT.

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Int'l conference on Financing for Development opens in Ethiopia

​The 3rd International Conference on Financing for Development kicked off on Monday in the Ethiopian capital Addis Ababa, with world leaders gathering to discuss a financing framework for the world's sustainable development in the next 15 years.

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China to release guideline on internet finance

​A guideline for China's internet finance drafted by the central bank and other financial regulators will soon be released, said a central bank official on Sunday at a Shanghai forum.

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Let's focus more on the fundamentals of Chinese economy: Australian economist

​"I don't think we should pay too much attention to the fluctuation of the Chinese stock markets. It 's not the most important part of the Chinese economy. What's more important is the fundamentals of the Chinese economic growth," renowned Australian economist and former Australian ambassador to China Ross Garnaut has said.

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Foreign firms to jointly build coal-fired power plant in Myanmar

​Firms from Myanmar, India and Singapore forming a public-private joint venture will build a coal- fired power plant in Kyauktan township, south of Yangon, an official report said Sunday.

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Greek PM confident eurozone summit to end with "honest compromise"

​Greek Prime Minister Alexis Tsipras appeared confident on Sunday upon his arrival to the critical eurozone summit in Brussels, saying that an "honest compromise" with lenders could be reached Sunday night and Grexit scenarios would be put aside.

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Tibet Airlines to open two new air routes

Tibet Airlines will begin operating two new air routes linking Lhasa, the capital of Tibet Autonomous Region, with two other domestic cities on Friday, authorities said.

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China's migrant population to reach 310 mln by 2030: Wang Pei'an

China will have a migrant population of 310 million by 2030, almost the same size as the population of the United States, according to statistics cited by Health News on Friday.

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Overseas Chinese rally to support Beijing 2022 Olympic bid

About 200 overseas Chinese gathered here on Wednesday to voice their support for Beijing's bid for the 2022 Winter Olympic Games.

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China's military establishes first national security think tank

China's military Thursday established its first think tank for national security studies at the National Defense University of the People's Liberation Army (PLA).

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U.S. Army to cut 40,000 soldiers, 17,000 civilians by fiscal 2018

​By the end of September in 2018, the U.S. Army expects to carry out a comprehensive brigades realignment by shrinking its size from 490,000 to 450,000 due to budget constraints, according to a statement released by U.S. Defense Department on Thursday.

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Greek debt deal proposal submitted to lenders, parliament for approval

​The Greek government's proposal for a debt deal with lenders to avoid a looming bankruptcy and Grexit was submitted late Thursday night to the institutions and the Greek parliament.

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China cuts government-trade association links

China's trade associations, which traditionally have a close relationship with the government, will be given more independence but under stricter scrutiny.