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Rio state declares financial emergency
Rio de Janeiro's governor declares a state of financial emergency and requests federal funds to help fulfill obligations for public services during the Olympics that start August 5.
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China faces to lose its biggest industry to rising debt
The world’s biggest steel industry in China is in grave crisis.
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Greek MPs to vote on bailout plan
Greek MPs are to vote later on whether to back PM Alexis Tsipras's tough new proposals to secure a third bailout.
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