World View: Turkey Returns to War with the Kurdish PKK

Contents: Big losses expected Monday when Greece’s stock market reopens; Puerto Rico to default on Tuesday; Venezuela’s collapsing economy receives $5 billion from China; Venezuela in border dispute with Guyana; Turkey returns to war with the Kurdish PKK

The Associated Press

Greece May Not Pay IMF Loans In June

Heavily indebted Greece has played the latest hand in the game of euro one-upmanship by refusing to honour the latest instalment in its debt repayment plans to the IMF. The  €300m (£218m) owed to the International Monetary Fund (IMF) is due

The Associated Press

Finance Minister Varoufakis Pulled Back from Greek Debt Negotiations

Bloomberg Business understandably sees all sorts of signals in Greece’s decision to pull Finance Minister Yanis Varoufakis back from bailout negotiations, a move it describes as “clipping Varoufakis’ wings” and “reining him in” after three months of debt talks failed to produce an agreement.


World View: Hezbollah Backs Down from War with Israel

Hezbollah backs down from war with Israel; Clashes between Nusra front and Free Syrian Army spreading in Syria; Jundallah takes credit for massive mosque attack in Pakistan; Egypt’s military begins ‘wide military offensives’ in North Sinai; Greece clashes with eurogroup ‘No more bailout, no more troika!’; In Denmark you are now paid to take out a mortgage

Hezbollah leader Hassan Nasrallah