Michael Jackson’s Neverland ranch on market for $100 million
US economy shrinks for third time since expansion began

US economy shrinks for third time since expansion began

GDP shrank at a 0.7% annualized rate in the first quarter, revised from a previously reported 0.2% gain
Impasse over China’s island-building shows no sign of easing

Impasse over China’s island-building shows no sign of easing

US defence secretary Ash Carter condemned the island-building, but provided no details on what steps the US may take to press China into diplomatic talks
Greece locked in talks with creditors as payment clock ticks

Greece locked in talks with creditors as payment clock ticks

The stand-off between Greece and creditors over the terms attached to the country’s emergency loans has triggered a liquidity squeeze
Iran rejects site inspections in a nuclear deal

Iran rejects site inspections in a nuclear deal

The head of the UN’s atomic watchdog Yukiya Amano said this week that if Iran signs a nuclear deal with world powers it will have to accept inspections of its military sites
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