15th July 2011
News International chief executive Rebekah Brooks becomes latest casualty of News of the World phone-hacking scandal – The Guardian
WSJ's Cassell Bryan-Low reports Rebekah Brooks, head of News Corp's UK newpsapers unit, will appear before a UK parliamentary committee to answer questions about the phone-hacking scandal. News Corp. is the parent company of The Wall Street Journal.- Wall Street Journal
Foreign direct investment (FDI) in to China has slowed as the government steps up its efforts to rein in the country's economic growth rate. – BBC
The hottest music venue in Europe opened its doors on Thursday morning to a select group in the United States. – CNN
By engulfing Italy, the euro crisis has entered a perilous new phase-with the single currency itself now at risk – Economist
NEW YORK – The European Union was brought into existence by what Karl Popper called piecemeal social engineering. – Project Syndicate
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