Today's Top Stories - June 29, 2015  

 

BEWARE THE BELL! U.S. stock index futures fell sharply on Monday, tracking European and Asian markets downwards, as the Greek crisis entered a new chapter after the instigation of capital controls More

Puerto Rico’s governor says island’s debts are ‘not payable’ Puerto Rico's governor, saying he needs to pull the island out of a "death spiral," has concluded that the commonwealth cannot pay its roughly $72 billion in debts, an admission that will probably have wide-reaching financial repercussions More

EUROPE: European equities were trading sharply lower Monday as the Greek crisis entered a new phase following the imposition of capital controls to prevent a run on the country's banks More

Grexit is a tragedy, but 'Apocalypse Not': Strategist Investors believe the global economy is positioned to weather Greece's potential exit from the euro zone More

EU Commission President Juncker: A 'major blow,' but Grexit will never happen European markets followed their Asian counterparts sharply lower on Monday after Greece failed to strike a deal with its international lenders to secure more funding More

Greece: Uncertainty reigns after referendum gamble Greece and the euro zone face a week of political and financial uncertainty after the Greek Prime Minister's shock announcement of a referendum on the country's creditors' proposals to resolve its debt More

Greek gov't says banks shut until July 6: Greek banks will stay closed before July 6, one day after a planned referendum on bailout proposals, and ATM withdrawals will be limited to $65 U.S. dollars a day per bank card in the same period. More

ASIA: Stock markets in China continued to head south amid volatile trade on Monday, with investors shrugging off fresh easing from the People's Bank of China's (PBOC) over the weekend. Elsewhere in the region, equities witnessed a huge selloff after Greece failed to clinch a deal with its international lenders over the weekend More

Tokyo stocks dive as Greek debt talks collapse, default looms: Tokyo stocks plummeted on Monday, with the Nikkei index seeing its biggest points drop this year. More

OIL: Oil prices fell more than $1 on Monday,with U.S. crude dropping to its lowest in three weeks below $59 per barrel, after Greece imposed capital controls as lenders refused to extend the country's bailout More

GOLD: Gold rose on Monday as growing fears over the prospect of a Greek debt default battered European shares and weighed on the euro, but it failed to maintain early sharp gains as investors remained wary of its longer-term outlook More

Govt. Run Amok! VA’s Randy Forbes - Porker of the Month … Citizens Against Government Waste (CAGW) has "named Rep. Randy Forbes (R-Virginia) its June Porker of the Month "for his absurd attempt to submerge the cost of a submarine program." More

Hulk Hogan Wants to Block Media From Viewing His Sex Tape During Gawker Trial Terry Gene Bollea, the former wrestling superstar known as Hulk Hogan, is seeking to block the public and press from viewing a sex tape at the center of a $100 million invasion of privacy lawsuit against Gawker Media. Earlier this month, attorneys for Bollea filed a motion arguing that the playing of the tape for the press and public in attendance during the trial would further erode his privacy More


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