China's Nervewracking Stock Market Collapse

An investor is reflected in a screen showing stock information at a brokerage house in Hefei, Anhui province. (Reuters) This summer has not been calm for the global economy. In Europe, a Greek referendum this Sunday may determine whether the country will remain in the eurozone. In North America, meanwhile, the governor of Puerto Rico claimed last week that the island would be unable to pay off its debts, raising unsettling questions about the health of American municipal bonds.

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