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Eurozone ‘may allow’ selective Greek debt default

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Eurozone finance ministers are open to the possibility of allowing a selective debt default in Greece within a new rescue plan for the country, the Dutch finance minister said Tuesday.

“It’s not excluded anymore, clearly,” Jan Kees de Jager said on arriving for talks with European Union counterparts, one day after eurozone ministers issued a statement vowing to ensure the stability of the single currency area.

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Eurozone ministers are scrambling to put together a new bailout for Greece that would involve the private sector, but they have been divided over whether they should exclude the possibility of allowing a partial default.

“We have managed to break the knot, a very difficult knot of a contradictory statement on the one hand… saying that you want substantial private sector involvement and on the other hand you have at all times to avoid a selective default,” De Jager said.

“Obviously this was a contradiction, so we have broken that knot and now we can do the work,” he said.

The position taken by eurozone ministers late Monday, he said, gives a “broader mandate” and “several options” to a working group that was tasked with coming up with proposals for the new bailout.

The European Central Bank, however, has reaffirmed its opposition to a “credit event” or selective default in Greece.

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“Obviously the ECB has stated in the statement that it remained in its position but the 17 ministers did not exclude that anymore so we have more options, broader scope to work with,” De Jager said.

Germany, the Netherlands and Finland have insisted on private sector involvement in the bailout, which is expected to come close to last year’s 110-billion-euro rescue, even if it means a selective default.

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Team Trump wants to steal another election — and there’s only one way to beat them back

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When I was growing up at Fort Leavenworth, Kansas, back in the early 1960s, my mother drove down to Kansas City one morning to go shopping and have lunch with an old friend of her mother’s. Ladies going out shopping and having lunch in the upscale Country Club Plaza in Kansas City was almost a formal occasion. I remember she put on a summery suit and heels and stockings, and I’m pretty sure she wore a pair of white cotton gloves.

When she returned a few hours later, she wasn’t carrying any bags from the shops, and she was seething. The woman she’d eaten lunch with was married to a man who owned a chain of downtown hotels in major cities around the country. They lived in a big Tudor house in Mission Hills, the Beverly Hills of the Midwest. She drove a Cadillac. She was rich.

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#LetLevSpeak: Giuliani henchman’s attorney explains why his client wants to testify against Devin Nunes

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An attorney for indicted Rudy Giuliani associate Lev Parnas warned Rep. Devin Nunes, R-Calif., that “Lev remembers” their phone calls — even if the Intelligence Committee’s top Republican does not.Phone records obtained from AT&T and released in the Intelligence Committee’s impeachment report revealed four phone calls between Nunes and Parnas on April 12, amid the smear campaign that ousted then-Ukraine Ambassador Marie Yovanovitch, including one which lasted longer than eight minutes. Parnas, who played a key role in Giuliani’s hunt for damaging information on former Vice President Joe Biden, was later indicted on campaign finance charges. Prosecutors have said he is still under investigation for more crimes.However, Nunes now claims that he cannot not recall speaking with Parnas.
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Why are cops around the world using this outlandish mind-reading tool?

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The police gave Ricky Joyner a pen and a nine-page questionnaire.

Write what you did, beginning to end, on the day Sandra Hernandez disappeared, one question asked.

“Went ot work …,” Joyner wrote, transposing the letters in “to.” “Went home toke shower got dress pick Sandra up … went out to eat … went the movies … toke Sandra home … stop at [bar] for little while, then spent the night with a grilfriend.”

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