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European markets continued to fall during the trading session as fears of currency wars ignited a fresh bout of selling across global markets.

It’s a situation straight out of a Hollywood movie: A husband takes his wife up for a spin in a small, micro-light aircraft then loses consciousness in the middle of the flight, leaving the woman – who has zero piloting experience – to try to land the plane.

Brent and US crude both fell to six and half year lows and Carsten Fritsch, oil analyst at Commerzbank, speaking at Reuters” Global Oil Forum, said the collapse was “not about oil market fundamentals’ but about China.

In addition, the PBOC is reducing the reserve requirements (RRR) for most big banks from 18.5 percent to 18.0 percent.

Larry Morris, wait to present the U.S. flag to Marines now stationed in Cuba, during the raising of the U.S. flag over the newly reopened embassy in Havana, Cuba.

At Illegal Pete’s the burrito business is sizzling, but finding employees can be hard.

It also increased the amount of money available for lending by reducing the minimum reserves banks are required to hold by 0.5%.

In all 20 U.S. cities included in the S&P/Case-Shiller home price index, June house prices increased both year over year and month over month.

Liberal Leader Justin Trudeau is promising to restore a system of lifetime pensions for veterans in an attempt to win support from angry ex-soldiers, usually drawn to the Conservatives.

China has sought to calm its panic-stricken stock markets by cutting interest rates and loosening constraints on bank lending after a second day of plunging share prices.

The Pakistan High Commission’s invitation to Geelani and other separatist leaders to meet Aziz has upset New Delhi but Pakistan has stuck to the line that such meetings were “routine”.

The British lobbying body is forecasting 2.6 percent growth for 2015 and 2.8 percent for 2016, up from its June’s projections of 2.4 percent and 2.5 percent respectively.

Meanwhile, Cook could not hide his delight at winning the series 3-2 after losing 5-0 in Australia in 2013-14.

Counterparts in Maryland, Virginia, Delaware and New Jersey all approved the merger previously, as did the Federal Energy Regulatory Commission.

The STOXX 600 Basic Resources Index, whose constituents are mostly mining stocks, and the energy sector fell 10 % and 8.8 % respectively, as commodities slumped to multi-year lows, with China being one of the world’s biggest users of metals and oil.