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If passed, Iran nuclear deal will spur controversy in U.S.

​Despite lack of clarity on exactly when and whether the U.S. and Iran will strike a deal over Tehran's nuclear program, one thing is certain - any deal U.S. President Barack Obama's administration brings home is bound to spark controversy in the U.S. Congress.

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BRICS a stabilizer of global economy

A BRICS group with deepened cooperation will not only serve its five member countries and other developing nations, but also stabilize and even boost the world economy.

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Eurogroup meeting ends without new proposal from Greece: Dijsselbloem

​The finance ministers of euro zone countries didn't receive new proposals they had expected from Greece on Tuesday, Eurogroup head Jeroen Dijsselbloem said after the crucial meeting.

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Brazil names representatives to BRICS bank board of governors

Brazilian President Dilma Rousseff on Tuesday named her finance minister and Central Bank president to represent the country on the Board of Governors of the BRICS New Development Bank (NDB).

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Greek debt talks deadline Sunday, Thursday the latest for Greek proposals: EU's Tusk

​The Greek debt talks will end this week and Greek proposals including detailed reform plan should be presented by Thursday at the latest, European Council President Donald Tusk said on Tuesday night.

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Brazil names representatives to BRICS bank board of governors

Brazilian President Dilma Rousseff on Tuesday named her finance minister and Central Bank president to represent the country on the Board of Governors of the BRICS New Development Bank (NDB).

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Shares regain territory in tug-of-war between bulls, bears

Chinese shares showed signs of stabilization on Monday as China tries to underpin a stock market plagued by repeated plunges.

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Kenyan lobbyists protest against same sex unions ahead of Obama visit

​Kenyan anti-gay lobbyists on Monday held a protest in Nairobi to condemn same sex unions, saying they contravene African cultural values and could lead to collapse of the family unit.

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Mass Israelis rally against "robbery" of natural gas resources

​Thousands of Israelis took to the streets in major cities on Saturday evening in protest of a government's plan to let a U.S.-Israeli partnership keep control over the country's natural gas fields.

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Cubans demand end of U.S. blockade against island

​With Cuba and the United States announcing to restore diplomatic relations by re-opening embassies in Washington and Havana on July 20, Cubans now demand an eventual lifting of the U.S. blockade against the island which has been going on for over half a century.

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China stock watchdog to investigate market manipulation

China's securities watchdog announced late Thursday it will investigate suspected manipulation of the stock market as experts fail to explain worst collapse in years.

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Greek gov't leading country on unknown adventure

​Following an unexpected decision by Prime Minister Alexis Tsipras, Greek citizens will vote on Sunday in favor of or against a recent proposal made by the country's creditors to guarantee further financing.

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U.S., Iran could miss nuke deal deadline again: U.S. experts

​The U.S. and Iran missed Tuesday 's deadline to hammer out an agreement on the Islamic Republic's controversial nuclear program, but some experts said they would not be surprised if the new deadline is postponed again.

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Myanmar's joining in AIIB to benefit infrastructural construction

Myanmar's joining in signing the constitution of the China-initiated Asian Infrastructure Investment Bank (AIIB) as one of the founding members will benefit the country's infrastructural construction, Myanmar Deputy Finance and Revenue Minister Man Man Thein said on Monday.

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Creditors do not want Grexit, Greek PM says

​Greece's international creditors do not want a Grexit, Greek Prime Minister Alexis Tsipras said on Monday night, as the country faced the first day with closed banks and capital controls, fueling concern over a looming default and exit from the euro zone.

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Assassination of Egypt's top prosecutor meant to intimidate judges and weaken judiciary

​The assassination of Egypt's top prosecutor Hesham Barakat in a car bomb on Monday is meant by extremists to intimidate the country's court system that is currently reviewing hundreds of cases and holding mass trials for self-proclaimed Islamists and members and loyalists of the now-outlawed Muslim Brotherhood group.

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Chinese premier arrives in Brussels for China-EU leaders' meeting

​Chinese Premier Li Keqiang arrived here Sunday for the 17th China-EU leaders' meeting in Brussels.