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8 hours ago

Rolls-Royce issues another profit warning.

  The British engineering company reduced its profit forecast for this year by as much as 5% and cut its outlook for next year by as much as 35% to £1 billion ($1.6 billion). Shares fell sharply (paywall).
July 06, 2015

Greeks vote “no” to bailout conditions…

  The country voted overwhelmingly against enduring more austerity in exchange for a new round of bailout funding from its creditors, putting Greece’s future in limbo. A summit of euro leaders has been called for Tuesday.
July 06, 2015

…And finance minister Yanis Varoufakis quits.

  A blog post announced that he felt there was a “certain preference” among European creditors for him not to be involved with future discussions. Varoufakis had said he would resign if the referendum opted to accept creditors’ demands; prime minister Alexis Tsipras is still planning for more negotiations.  
July 06, 2015

A suicide bomber caps a week of violence in Nigeria.

  A church attack by the Islamic militant group Boko Haram killed five people on Sunday, bringing the death toll from the group’s attacks to over 200 for the week in Nigeria alone. President Muhhamadu Buhari called for the quick deployment of a regional military force to fight the militants.
6 hours ago
Chart of the Moment

Americans really do have to work harder to stay middle class.

July 06, 2015

Kenya is building the most efficient wind farm in the world.

  It will generate 20% of the country’s energy needs.
8 hours ago

Malaysia’s home minister uses the “Avengers” font for his signature.

  It was spotted on a statement supporting the prime minister.

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