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Tuesday, June 21, 2011

Media Roundup: 21 Jun 2011

Media Roundup: 21 Jun 2011

Europe's Hard Choice: More Direct Support of Weaker Nations, or Risk Default

By: Howard Schneider | The Washington Post
Europe is facing an increasingly divisive choice in the effort to resolve its economic crisis: a larger transfer of wealth from stronger nations such as Germany to weaker ones such as Greece, or a default by one or more nations that, if not managed properly, could touch off a wave of bank and corporate failures.

Car Bomb Attack on Iraqi Governor Kills 21 Police

By: Iman Radhi | Agence France-Presse
Two car bombs ripped through a guard post killing 21 policemen outside the provincial governor's home in Diwaniyah city on Tuesday, officials said, amid a surge of violence across Iraq.

Beijing's Financial Day of Reckoning Is Near

By: Carl E. Walter and Fraser J.T. Howie | The Wall Street Journal
A large part of China's economic miracle was built on dodgy loans, the bill for which is now coming due.

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