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Wednesday 1 July 2015

Greek debt crisis Greek Pensioners debt

Greek debt crisis: Pensioners escorted by police into banks after country defaults on IMF repayment.


Greek pensioners are escorted by police into banks
 Greek pensioners have been escorted by police into banks as the country stares down the road to an exit from the eurozone after defaulting on its International Monetary Fund (IMF) loan.
The country missed its 1.5 billion euro repayment on Tuesday, but has requested a new bailout package from creditors.
Athens is set to put new proposals for a two-year loan agreement and a debt rescheduling to eurozone ministers at a meeting to be held at 3:30pm Wednesday (GMT).
On Wednesday pensioners lined up at banks across the country. They are only allowed in a few at a time, and are permitted to withdraw just 120 euros.
ATMS are still only dispensing 60 euros to rest of the population.
Outside the National Bank in central Athens, the line was 20 deep as people waited for their opportunity to get some cash.

Greek debt: Deadline passes

Greek debt crisis: Deadline passes as eurozone finance ministers refuse request to extend bailout.


Cash-strapped Greece has missed a 1.5 billion euro payment to the International Monetary Fund (IMF) as last-ditch efforts to find a compromise with official European Union (EU) lenders came to naught.
Pro-Euro protesters in AthensThe missed payment made Greece the only developed country ever to fall into default with the global crisis lender and underscored the utter failure of more than five months of efforts to rescue the country's economy and prevent it from dropping out of the eurozone.
origina post found herhttp://www.abc.net.au/news/

US State Department:Clinton emails

US State Department releases nearly 2,000 Clinton emails following federal judge order.


 


The US State Department has released nearly 2,000 emails from Hillary Clinton's time as top US diplomat following orders from a federal judge.
Hillary Clinton emails releasedThe large tranche of emails were made public shortly before 9:00pm local time (11:00am AEST) on the State Department's Freedom of Information Act website.
At first glance, the 3,000-some pages of exchanges contain schedules, communications with staffers, cables about China and concern over late Libyan strongman Moamar Gaddafi's 2009 US stay.
Mrs Clinton's electronic correspondence has been the focus of controversy since her admission in March that she had used a private account for all her email correspondence while secretary of state between 2009 and 2013.
Republican rivals contend that Mrs Clinton, frontrunner for the Democratic presidential nomination in 2016, used the private account in order to keep it out of the public record.
But she has argued that as of late 2014, she had sent 55,000 printed pages from roughly 30,000 emails to officials who will archive the data and make it available to the public, as is required by law.
The remainder of the messages were deemed personal by Mrs Clinton and were deleted from herprivate server, she and her lawyers have said.
origina post found herhttp://www.abc.net.au/news/