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Chinese military spending exceeds $145 billion, drones advanced: U.S.
China's military spending exceeded $145 billion last year as it advanced a program modernizing an arsenal of drones, warships, jets, missiles and cyber weapons, the Pentagon said on Thursday, offering a far higher figure than Beijing's official tally
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Eurogroup head: U.S. fines for European banks 'much too high'
The head of the group of euro zone finance ministers hit out on Thursday at the size of the fines being imposed on European banks by U.S. authorities, calling them "over-excessive" and "much too high".
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Poland can only be free and safe inside euro zone
Lech Walesa, onetime leader of the pro-democracy Solidarity trade union that ended communism in Poland, said his country should join the euro zone to become fully free and safe from Russia, its former imperial overlord.
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China state media calls for 'severe punishment' for Google, Apple, U.S. tech firms
Chinese state media lashed out at Google Inc, Apple Inc and other U.S. technology companies on Wednesday, calling on Beijing "to punish severely the pawns" of the U.S. government for monitoring China and stealing secrets.
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Putin says Gazprom may need new capital after China deal
President Vladimir Putin said on Wednesday that Russia should consider recapitalizing state gas company Gazprom after a $400 billion deal with China which will require multi-billion-dollar investments in pipelines and new fields.
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Ukraine army targets separatists in new offensive in east
Fighting raged in eastern Ukraine for the second straight day on Tuesday as the army rolled out an offensive against pro-Russia separatists holding the city of Slaviansk, with dead and wounded on both sides, the Ukrainian government said.
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U.N. rights chief urges China tell truth on Tiananmen
United Nations human rights chief Navi Pillay on Tuesday called on China to reveal the truth about the army's violent suppression of mass pro-democracy protests on Beijing's Tiananmen Square 25 years ago.
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With euro zone inflation disappearing, ECB poised to act
Euro zone inflation fell unexpectedly in May, all-but sealing the case for the European Central Bank to act this week with a batch of measures to stimulate the economy and keep it from the clutches of deflation. Annual consumer inflation in the 18 countries sharing the euro fell to 0.5 percent in May from 0.7 percent in April, the EU's statistics office Eurostat said on Tuesday. Economists polled by Reuters had expected inflation to remain steady.
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