Daily Mail: Think Greece's economy is the one in trouble? It's CHINA that's facing financial meltdown and the biggest stock market crash since the Great Depression
* Nearly $3trillion wiped off Chinese stock markets in just the last few weeks
* Government and investors launched campaign to prop up tumbling shares
* Booming stock markets had more than doubled in the year to mid-June
* Experts draw parallels with the credit booms that led up to the 1929 crash
* Analyst: 'I've never seen this kind of slump before. Don't think anyone has'
China's tumbling stock markets plunged even further today, intensifying fears the country was tail-spinning towards the biggest financial disaster since the 1929 Wall Street crash.
Almost $3trillion (£2trn) – more than the entire economic output of Brazil – has been wiped out since markets went into reverse just a few weeks ago, posing a bigger headache for many global investors than even the Greek debt crisis.
China's government, regulators and financial institutions are now waging a concerted campaign to prop up the nation's stock markets – a move that failed spectacularly in the 1929 crash that triggered the Great Depression.
MIDDLE EAST
Islamic State targeted in 25 air strikes by U.S.-led coalition: statement.
Syrian Army launches operation to liberate ISIL-occupied Palmyra.
Iraqi court sentences 24 men to death over massacre near Tikrit.
Yemen government tells U.N. it agrees to conditional truce.
Yemen critically short of food, fuel imports as war cuts supply lines.
Top US-Iranian technicians meet, nuke talks in tough phase.
U.S. and Iran resume talks after another deadline lapses. White House says Iran talks will go on; deadline is extended.
Iran faces off with global powers in game of brinkmanship. Iran says makes new proposal in nuclear talks, West unimpressed.
Out of sight but not power, Erdogan eyes snap Turkish election.
Israeli tensions still high 1 year after Gaza war. Calls for end to Israeli blockade one year after Gaza war.
ASIA
China markets plunge as government measures fail.
China Markets plummet despite government intervention. Chinese stock markets continue to nosedive as regulator warns of panic.
Burma to hold general election on November 8.
Russia, China can jointly solve all problems, overcome all difficulties — Putin.
Taliban and Afghan government hold talks in Pakistan. Taliban, Afghan officials hold peace talks, agree to meet again.
Myanmar sets historic general election date.
UNICEF: Drought puts North Korean children at risk.
Philippines asks tribunal to invalidate China’s sea claims.
Both China and Taiwan have South China Sea obligations, says Beijing.
China opens exhibition to mark the war victory over Japan.
Serb paramilitary leader becomes first Australian to be extradited for 'war crimes'.
AFRICA
Boko Haram offers to swap kidnapped girls for detainees.
Suspected Boko Haram militants kill 26 people in Chad attacks.
At least 13 killed in Boko Haram attack on northern Cameroon.
22 die in ethnic clashes in Algeria, president calls meeting.
Tunisia starts building wall on border with Libya to protect against ISIL.
South Sudan rebel warns president of more fighting if he stays on.
In Sudan, peacekeepers’ weapons have repeatedly fallen into militants’ hands.
Ivory Coast 'charges ex-rebels for election violence'.
Burundi President Pierre Nkurunziza's CNDD-FDD wins election.
EUROPE
Greece seeks 3-year aid program, rushes to detail reforms. Greece submits new loan request, as Tsipras takes defiant stance. Greece asks for new 3yr loan, promises reform plan on July 9.
EU banks watchdog says Greek contagion limited so far, remains vigilant.
Russia cannot help Greece, it is EU problem — VTB Head Kostin.
US warns Europe to bring Greece back from the brink and avoid descent into 'uncontrolled' Grexit.
U.S. spy agency tapped German chancellery for decades: WikiLeaks.
Merkel assures Albania, Western Balkans of European prospects, urges reforms, tangible results.
Ukraine's displaced immigrants near 1.4 million amid humanitarian crisis from war with Russian-backed rebels.
Russia vetoes UN move to call Srebrenica 'genocide'. Russia vetoes UN resolution calling Srebrenica a genocide.
European Parliament backs compromise in step towards U.S. trade deal.
AMERICAS
Over 200 Americans have gone or tried to go to Syria to fight: FBI.
NSA intercepts 98% of South American communications – Assange.
Colombian president replaces military chiefs days after scathing report.
Colombia Farc rebels call unilateral ceasefire.
Venezuela recalls ambassador to Guyana in territory and oil dispute.
The Latest: Pope arrives in Bolivia on second leg of trip. The Latest: Pope Francis wraps up time in Ecuador, prepares to travel to Bolivia.
Illegal immigrants accounted for nearly 37 percent of Federal sentences in FY 2014.
US cruise company announces go-ahead to sail to Cuba.
US gun sales spike in June.
Heroin use jumps in US as painkiller addicts switch drugs.
TERRORISM/THE LONG WAR
'Al-Qaeda became an international threat after 1998 US embassy attacks'.
An IS secret to success: Islamic State shock troops who fight to the death.
FBI chief: Terror group turning to encrypted communications.
Suspected U.S. drone kills Islamic State figure in Syria: monitor.
ECONOMY/FINANCE/BUSINESS
Millions exit poverty, but only just barely: study.
NYSE technical issues halt exchange for more than three hours.
NYSE trading has been halted.
BRICS kick starts $100bn reserve currency pool.
United Airlines flights resume after worldwide ground stop.
Reddit rival Voat buckles under demand.
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