China devalues yuan intensifying global export concerns
The AP reports China's surprise devaluation signals a push toward a more market based yuan to boost exports and growth. With a six year low growth, the move unsettles U S and European markets as the yuan slides in a widened trading band, hurting overseas buyers yet potentially lowering Chinese export prices.
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Beijing
China
United States
Europe
Eswar Prasad
Cornell University
Sung Won Sohn
California State University
Smith School of Business
U.S
People’s Bank of China
Japan vows support for nuclear power despite Fukushima past
In Tokyo authorities lifted a reactor safety ban as Sendai No 1 resumed operations amid a widely debated push to keep 43 workable reactors online. Officials warn economic and environmental costs rise if nuclear plants stay offline, while critics point to past disasters and public skepticism. Former Prime Minister Naoto Kan protested outside the Sendai site as safety measures remain under scrutiny.
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Tokyo
Japan
Fukushima
Fukushima Dai-Ichi
Yoichi Miyazawa
Sendai No. 1
Naoto Kan
Sendai
Turkish air raids hit PKK targets amid Greece bailout talks
Turkish warplanes struck PKK targets in Hakkari and Sirnak provinces while clashes killed nine people, as Ankara vows to press the fight against the PKK. In Athens Greece agrees to an 85 billion euro bailout with debt relief tied to pension and spending cuts and moves to secure parliamentary approval amid Syriza opposition.
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Ankara
Turkey
Kurdistan Workers’ Party
PKK
Buzul
Ikiyaka
Hakkari
Iran
Iraq
Sirnak
Syria
Recep Tayyip Erdogan
Erdogan
Athens
Greece
Alexis Tsipras
Tsipras
European Union
Euclid Tsakalotos
European Commission
Annika Brei
Dthardt
Commission
Syriza Party
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My Model
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A.D
Richard A. Dodd
Timothy R. Cappeino
AsbestosLaw.com
Creative Arts
Pbfair.com
Sewell
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