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Greek PM says request fresh mandate to move forward, Grexit never our option

​In his first interview after resigning last week to force snap general elections in autumn, Greece's outgoing Leftist Prime Minister Alexis Tsipras defended his decision as a necessary step on Wednesday, requesting a fresh mandate to move forward and implement the new Greek bailout.

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3 ministers sworn into Sri Lanka's new cabinet

​Sri Lankan President Maithripala Sirisena on Monday swore in three ministers for his new cabinet after the ruling United National Party (UNP) won a parliamentary election last week.

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Dutch parliament in favor of new bailout deal for Greece

Following the German parliament a majority of the Dutch parliament on Wednesday approved the new, third bailout package for Greece.

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New rules on officials' environmental responsibility

A new regulation on holding officials accountable for environmental hazards will better define their professional responsibilities, according to Communist Party of China (CPC) experts.

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China's housing market continues recovery

China's housing market continued recovering from a prolonged downturn in July, with new home prices dropping in fewer cities for a fifth month amid better market confidence and lower interest rates.

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Sri Lanka begins voting for parliamentary polls amidst tight security

​Sri Lankan voters on Monday queued up to cast their votes for a parliamentary election amidst tight security to elect a new 225 member parliament and a new government.

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Third Greek bailout deal submitted to parliament amidst mixed reactions

​Greece's third bailout agreement since 2010 was submitted to parliament on Wednesday for ratification in coming days in a new race against time to unlock the first tranche of international aid to meet a repayment deadline on Aug. 20.

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Greece seals third bailout deal with creditors, more challenges ahead

Greek government sealed on Tuesday the country's third bailout deal within five years with international lenders, it was announced in Athens.

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China to issue new 100-yuan bank note

The People's Bank of China (PBOC), the central bank, announced it would issue a new 100-yuan bank note from Nov. 12 on Monday.

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News Analysis: Sri Lanka eyes China as major source of FDI

​Under the new government, Sri Lanka is looking at China as a major source of foreign direct investment (FDI) to further expand its growing economy, a top business executive said.

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Egypt's Sisi opens new Suez Canal to boost economic recovery

​Egyptian President Abdel-Fattah al-Sisi officially opened on Thursday afternoon the "New Suez Canal," the nation's flagship project to boost its economic recovery, Xinhua correspondent reported from Ismailia, about 120 km northeast of capital Cairo.

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Egypt's "New Suez Canal" promising, yet challenges remain

​As Egypt officially opened on Thursday its "New Suez Canal," experts believe that while the nation's flagship project will help spur the nation's economic comeback, security, corruption and the slack global trade are among the thorny challenges Cairo has to face.

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Feature: Egyptians eagerly await opening of "New Suez Canal"

Sameh, a man in his 30s, was wearing a white traditional garment and holding a flag of Egypt in his hand while heading to iconic Tahrir Square in downtown Cairo to express his happiness and excitement on the eve of the opening of Egypt's "New Suez Canal."

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Obama unveils aggressive climate change plan amid staunch opposition at home

​President Barack Obama announced on Monday a tougher climate change plan for power plants amidst an overwhelming opposition from U.S. states nationwide.

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London tube, rail company workers to stage strikes

​Workers of London tube network and First Great Western, a main rail company in Britain, will stage a series of strikes for separate reasons in August, unions said Monday.

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Tokyo's Olympic debacle continues as official in charge of stadium quits, emblem draws flak

​Japan's Ministry of Education, Culture, Sports, Science and Technology announced Tuesday that a senior official in charge of the controversial construction of a new national stadium for the Tokyo 2020 Olympics will step down, as public condemnation grows following the government flip- flopping on the stadium's design plans.

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Nigerian defense chief vows to revive onslaught against Boko Haram

​Nigeria's newly appointed Chief of Defense Staff (CDS) has said the ongoing military operations against Boko Haram insurgency in the northeast would be reviewed for greater efficiency.