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 2 yrs | Eurogroup conference call on Greek aid request has ended - Dijsselbloem

              A conference call with finance ministers of the eurozone to consider Greece's request for a two-year aid deal has ended, Dutch finance minister and Eurogroup president Jeroen Dijsselbloem says on Twitter. "Eurogroup conference call on Greece just ended," he said, without providing further details.   

  Greece        78 UPDATES


 2 yrs | European Council President Tusk on Greece: ‘Europe cannot help anyone against their own will’

              European Council President Donald Tusk, writing on the social networking website Twitter, says Europe wants to help Greece, but that it cannot help anyone against their own will. "Let's wait for the results of the Greek referendum," he said.   

  Greece        78 UPDATES


 2 yrs | Donald Trump: Macy’s ‘caved to special interest groups who are nothing more than professional agitators’

              Donald Trump, hitting back at Macy's after the department store announced it would end their relationship over Trump's controversial comments about immigration, says "both Macy's and NBC totally caved at the first sight of potential difficulty with special interest groups who are nothing more than professional agitators." Trump, whose statement suggested that he was the one to first end his relationship with Macy's, added: "Clearly, NBC and Macy's support illegal immigration."   

  New York, NY        11 UPDATES



 2 yrs | Macy’s ends relationship with Donald Trump over immigration comments, will phase out collection

              Department store Macy's says it has decided to terminate its relationship with business magnate Donald Trump, citing his controversial comments last month in which he referred to some Mexican immigrants as rapists, drug users and criminals. "Macy's is a company that stands for diversity and inclusion. We have no tolerance for discrimination in any form," the company said in a statement. "We have decided to discontinue our business relationship with Mr. Trump and will phase-out the Trump menswear collection, which has been sold at Macy's since 2004." [full statement attached]   

  United States        11 UPDATES


 2 yrs | U.S. private sector added 237,000 jobs in June - ADP report

              The United States economy added an estimated 237,000 private sector jobs during the month of June, more than expected, according to a report released on Wednesday by payroll processor ADP. The ADP survey is derived from actual payroll data and measures the change in total nonfarm private employment each month. Official figures from the U.S. government are due later this week. Click here to view the report's key figures. [Full report attached]   

  United States     



 2 yrs | Greek PM Tsipras says Greece ‘prepared to accept’ bailout package it rejected days ago

              Greek Prime Minister Alexis Tsipras has sent a letter to the heads of the European Commission, the European Central Bank, and the International Monetary Fund to inform them that Greece "is prepared to accept" a bailout package that it had rejected just days ago, though the prime minister's offer came with a range of conditions that would maintain a low VAT rate on Greek islands and a delay in phasing out a solidarity grant to pensioners.   

  Greece        78 UPDATES


 2 yrs | European Financial Stability Facility confirms Greek default for certain loans, will assess options

              The European Financial Stability Facility (EFSF) says the failure by the Greek government to make its payment to the International Monetary Fund (IMF) would constitute a default for certain EFSF loans, and the fund will assess its options later today. These options include a cancellation of loan contracts to request immediate repayment, a waiver by the EFSF for its rights under the loan for this specific non-payment, or a decision to defer action to a later date. [full statement attached]   

  Greece        78 UPDATES


 2 yrs | Univision slams Donald Trump’s $500m lawsuit as ‘factually false and legally ridiculous’

              A $500 million lawsuit filed by business magnate Donald Trump against Spanish-language TV network Univision is "both factually false and legally ridiculous," Univision spokeswoman Monica Talan an emailed statement. "Our decision to end our business relationship with Mr. Trump was influenced solely by our responsibility to speak up for the community we serve," she said.   

  United States        11 UPDATES



 2 yrs | IMF to consider Greek request for extension of repayment obligation - spokesman

              The International Monetary Fund (IMF), confirming that Greece failed to make its required debt payment, says it has received a request from the Greek government for an extension of its repayment obligation. "[The request] will go to the IMF's Executive Board in due course," IMF spokesman Gerry Rice said in an emailed statement. [Full statement attached]   

  Greece        78 UPDATES



 2 yrs | Greece misses debt payment deadline, becomes first developed country to default on IMF loan

              Clocks have struck midnight in Brussels without the required debt payment from Greece to the International Monetary Fund (IMF), making Greece the first developed country to default on an IMF loan. The confirmation that Greece failed its obligation to pay €1.55 billion ($1.73 billion) means that the country has lost the last European Financial Stability Facility (EFSF) loan tranche of €1.8 billion ($2.0 billion), as well as €10.9 billion ($12.1 billion) in EFSF notes to cover the potential cost of bank recapitalization.   



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