Hard hitting global and local news
The Bangkok Post would report in its article, " Thai consulate attacked in Turkey ," that: It was reported the group gathered in front of the consulate to make a press statement around 11pm local time (about 3am Thai time). Then the protest turned violent and the crowd broke into the consulate building, smashed the windows and lowered the Thai flag
The Guardian reports Greece Requests 3-Year Bailout and Promises Reforms Within Days . Greece has submitted an application for a third bailout programme, in an attempt to avoid crashing out of the eurozone. The finance minister, Euclid Tsakalotos, marked his third day in office by requesting a three-year aid plan from Europe’s permanent bailout fund, the ESM
Green Car Reports linked to a Forbes article in which Five Top VCs Predict The Future . The CEOs were Jenny Lee of GGV Capital, Steve Jurvetson of Draper Fisher Jurvetson, Rebecca Lynn of Canvas Venture Fund, Bill Gurley of Benchmark Partners and Shervin Pishevar of Sherpa Ventures.
View article: Chinese Stock Market Nosedive Continues; China Warns of Panic, Irrational Selling; Over Half of Companies Halted; Pent-Up Demand…
Read this article: 940 Chinese Firms Halt Trading; China Allows Houses as Margin, Bans Use of Term "Equity Disaster"; Two…
To the surprise of eurozone leaders, Greece showed up without a proposal. Nonetheless, Greece poised to offer new proposal for third bailout
Tweet A version of something I wrote on email struck a chord with some folks regarding the assertion "GMOs are safe": The term "safe" should be bifurcated into "safe for human health" and "safe for the general environment".
Finance minister (Mr. Varoufakis) said today that an IMF report showed the debt was unsustainable from the start and that financials wouldn’t get better even by 2030. I don’t know if the changes your friend proposes will be done
The Guardian discusses practical math in With a Return to the Drachma Unwanted, Could Greece Just Print its Own Euros? It is certainly physically capable of doing so: the Greek central bank owns a press in Holargos, a suburb of Athens, that once printed drachma and is currently one of 14 high-security currency printing works across the eurozone producing euro banknotes. But actually going ahead and printing unauthorised notes would amount to a declaration of war on the European Central Bank.