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Added on the 07/06/2019 07:05:49 - Copyright : Wochit
Consumer inflation in China slowed more than forecasted pressuring the central bank to curb further deflationary risks. Meg Teckman reports.
The euro has extended losses into a sixth straight day to trade near a nine-year low as investors bet the ECB was getting closer to adopting quantitative easing to ward off deflation. As Sonia Legg reports a slump in German industrial orders and concerns over Greece reinforced bearish views of the single currency.
Brent crude oil has fallen almost $2 a barrel hitting a new five-year low. As Sonia Legg reports the slump followed predictions that oversupply will keep building until next year after OPEC decided not to cut output.
The Lebanese pound sinks to a historic low against the dollar on the parallel market, as banks in the crisis-hit country resumed an open-ended strike. The Lebanese pound, officially pegged at 15,000 to the dollar, was trading at 100,000 against the greenback on Tuesday, dealers said -- a dizzying plunge from 1,507 before the economic crisis hit in 2019. IMAGES
Images of the Apollinaire high school in Thiais, on the outskirts of Paris, where a 16-year-old teenager was fatally stabbed during a suspected brawl between rival gangs. A suspect of the same age was arrested shortly afterwards in Créteil outside his school. IMAGES
At least 16 people killed and 29 injured after a truck hurtled into pedestrians in Turkey, the health minister says. It was the second major crash of the day after a previous crash with a bus and an ambulance in the Gaziantep province killed another 16 people, according to local media. IMAGES
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