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 2 yrs | Fitch downgrades Greece to CC, one notch above default

              Fitch Ratings has downgraded Greece's long-term foreign and local currency Issuer Default Ratings (IDRs) by one notch from 'CCC' to 'CC,' just one notch above a default, the organization says in a statement. The issue ratings on Greece's senior unsecured foreign and local currency bonds have also been downgraded by one notch to 'CC,' while the Short-term foreign currency IDR has been affirmed at 'C'. The Country Ceiling has been lowered by one notch to 'CCC' from 'B-'.   



 2 yrs | Eurogroup’s Dijsselbloem says ‘too late’ for extension of Greek bailout program, will discuss new aid request on Wednesday

              Dutch finance minister and Eurogroup president Jeroen Dijsselbloem, speaking after a teleconference with eurozone finance ministers, says it is too late for an extension to the Greek bailout program that expires at midnight CET. However, the Eurogroup will hold another teleconference on Wednesday to consider the request from the Greek government for a two-year agreement that Athens says would allow it to cover its financial needs while restructuring its debt.   

  Brussels, Belgium        78 UPDATES


 2 yrs | 1,200 ‘dangerous inmates’ escape Yemeni prison after al-Qaeda attack - Reuters

              More than 1,200 "dangerous inmates," including those who were convicted of terrorism offenses, have escaped from the central prison in the Yemeni city of Taiz after the complex was stormed by al-Qaeda militants and warring militias, the Houthi-controlled Saba news agency is reporting. It was not immediately known whether anyone had been killed or injured during the attack.   

  Yemen        21 UPDATES


 2 yrs | U.S. surveillance court rules NSA can temporarily resume bulk collection of phone call records - NYT

              The U.S. Foreign Intelligence Surveillance Court ruled late Monday that the National Security Agency (NSA) may temporarily resume its program that systematically collects records of Americans' domestic phone calls in bulk, the New York Times is reporting. The program had lapsed on June 1 when Section 215 of the U.S. Patriot Act expired, before it was replaced with a bill called the U.S.A. Freedom Act that limits bulk collection to six months.   



 2 yrs | World powers extend terms of interim nuclear deal with Iran by one week to allow more time for negotiations

              World powers and Iran have agreed to extend the terms of the interim nuclear deal by one week until July 7, says U.S. State Department spokeswoman Marie Harf, allowing the parties to continue negotiations in an attempt to secure a final deal, [full quote attached]   

  Iran        97 UPDATES


 2 yrs | Eurogroup to hold 1700 GMT teleconference to discuss Greek proposal - Dijsselbloem

              The Eurogrpup will hold a teleconference at 1700 GMT to discuss a proposal from the Greek government for a 2-year-aid deal that would allow Greece to cover its financial needs while carrying out a restructuring of its debt, Dutch finance minister and Eurogroup president Jeroen Dijsselbloem said on his Twitter account.   

  Greece        78 UPDATES


 2 yrs | Greece proposes 2-year agreement to cover financial needs while restructuring debt - Reuters

              The Greek government has submitted a proposal for a two-year aid proposal with the European Stability Mechanism (ESM) that would allow the country to fully cover its financial needs while simultaneously restructuring its debt, the Reuters news agency reports, citing a statement from the prime minister's office. "Greece remains at the negotiating table," the statement said, according to Reuters.   

  Greece        78 UPDATES


 2 yrs | Greece won’t pay IMF debt payment due today, finance minister says

              The Greek government will not pay the International Monetary Fund (IMF) a €1.55 billion ($1.73 billion) tranche that is due today, Greek finance minister Yanis Varoufakis says.   

  Greece        78 UPDATES


 2 yrs | Indonesian plane was carrying 113 people, including 12 crew members - Reuters citing air force spokesman

              The plane that crashed in a residential area of the Indonesian city of Medan was carrying 113 people, including 12 crew members, Air Force spokesman Dwi Badarmanto told the Reuters news agency. Previous reports had put the number of people on board the aircraft at about 50.   

  Medan, Indonesia        5 UPDATES


 2 yrs | Death toll from military plane crash in Indonesia rises to at least 37 - AP

              At least 37 bodies have been recovered after a military plane crashed in a residential area of the Indonesian city of Medan, North Sumatra police chief Eko Hadi Sutedjo has told the Associated Press. He also told AP that the aircraft, according to its manifest, was carrying a total of 50 people and appears to have encountered engine trouble shortly after take-off. The Indonesian newspaper Kompas adds that additional casualties are still at the crash site.   

  Medan, Indonesia        5 UPDATES



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Suicide bomber attacks U.S. embassy in Montenegro     2 days  

Large military plane crashes in southwest China     3 wks  

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President Trump to address the nation on school shooting     1 wk  

WATCH LIVE: North Korea to stage major military parade     2 wks  

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WATCH LIVE: Zimbabwe’s President Mugabe to address the nation     3 months  

WATCH LIVE: Euronews coverage of Catalan crisis      4 months  

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