Council of the EU decided not to penalize Spain and Portugal for the budget deficit

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The EU CouncilThe EU Council has decided not to impose penalties in relation to Portugal and Spain for failure to reduce high budget deficits.

The Council also re-activated the excessive deficit procedure, reduce for both countries, setting a new deadline of correction parameters. So, from Portugal need to fix the budget deficit until the end of 2016, from Spain – not later than 2018. Effective measures should be taken until 15 October 2016, the two countries have to submit notification of these measures by that date.

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China economy grows more than expected in second quarter

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ChinaChina’s economy grew by slightly more than expected in the second quarter of the year as the government increased infrastructure spending.

Gross domestic product expanded by 6.7% in the three months to June compared to a year earlier, China’s statistics bureau said. The rate was steady from the previous quarter and above expectations of 6.6%. Analysts said the data showed the world’s second-biggest economy was likely stabilising.

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Turkish Minister accused the US of duplicity

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Erdogan and ObamaAnkara, apparently, decided again to spoil relations with all strategic partners once. Just a few days ago, the EU has got. Now it came to the United States. Turkish Foreign Minister Mevlut Cavusoglu, the United States accused of duplicity.

Turkish minister described Washington’s attitude towards the Kurdish groups in Syria manifestation of hypocrisy. Such a violent reaction Cavusoglu, according to the television channel Al-ti-vi, followed by the widespread media photo US soldier from the People’s Self-Defense Forces chevron Syrian Kurds to form.

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The European Union responded to the resolution of Veneto on Crimea

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VenetoEU Ambassador in Moscow Vygaudas Usackas said the resolution of the Italian region of Veneto Council. MPs one of the most developed regions of Italy have recognized the Crimea as part of Russia, and called for the abolition of the anti-Russian sanctions.

Penalties – it is a boomerang, which now has us – Italian deputy on recognition of Crimea part of the Russian Federation Usackas said that the resolution is a recommendation and is not required for execution.

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Iran has prepared a law suit against the USA for anti-iranian actions in 63 years

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Iran and USAIran’s Majlis (parliament) voted in the first reading for an emergency bill obliging the government to sue the United States for damages for a number of acts of anti-Iranian, taken over the past 63 years.

It is noted that the plan for which was tentatively voted 181 deputies out of 290, calls for the Government to assess the direct and indirect losses incurred as a result of Iran’s “hostile, based on lies and actions contrary to international law” by the United States.

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Obama to make historic visit to Hiroshima

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Barack ObamaPresident Barack Obama will become the first sitting American president to visit the site of the U.S. atomic bomb attack in Hiroshima, Japan, the White House said Tuesday, a charged final-year stop meant to advance his goal of nuclear disarmament.

Added to the end of a late-May Asia swing, the visit fulfills a wish Obama expressed early in his presidency to visit the location where tens of thousands of Japanese civilians were killed in a nuclear blast at the end of World War II.

Putin’s secret wealth revealed, including $50 million yacht from Russian oligarch Roman Abramovich

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PutinRoman Abramovich gave Vladimir Putin a $50.5 million yacht in one of dozens of acquisitions through which the Russian president has amassed a vast covert fortune, it has been claimed.

A senior American official openly accused Putin of corruption, nepotism, and direct embezzlement of state funds.

The U.S. government has already imposed sanctions on Putin’s aides, but it is thought to be the first time it has directly accused the president himself of corruption.

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Clinton knocks Trump’s lavish lifestyle

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Hillary Clinton and Donald TrumpHillary Clinton cast Donald Trump as out of touch with the United States while campaigning Monday in Delaware, arguing that the Republican front-runner flies into states, gives speeches and then returns to the lap of luxury without listening to voters’ problems.

“Donald Trump says wages are too high in America and doesn’t support raising the minimum wage and I have said, ‘Come out of those towers named for yourself and actually talk and listen to people,'” Clinton said. “At some point, if you want to be president of the United States, you have to get familiar with the United States, you have to spend time with Americans of all sorts and backgrounds in every part of our country.”

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White House to make decision on 9/11 report by June

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9/11The White House will likely make a decision by June on whether it will release some classified material withheld from the public 9/11 Commission Report, a former U.S. senator who co-chaired the congressional inquiry into the attacks said on Sunday.

The withheld section of the official report on the 2001 attacks is central to a dispute over whether Americans should be able to sue the Saudi Arabian government for damages. The Office of the U.S. Director of National Intelligence is reviewing the material to see whether it can be declassified.

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