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RICHMOND, Texas (AP) — Residents of some rural southeastern Texas counties were bracing for more flooding along a river that reached a record high Tuesday as more rain was expected in the coming days.
Asian stocks were on a weak footing on Wednesday as a slip in crude oil prices dampened investors' appetite for riskier assets, while the recently bullish dollar stalled against the euro and yen following a mixed bag of U.S. economic data. Shanghai see-sawed in and out of negative terrain, and was last up 0.1 percent, after rallying hard the previous day on expectations MSCI could add China's mainland stocks to its emerging market benchmark for the first time. There was little market reaction to the official and private surveys on China's manufacturing activity, which were roughly in line with expectations, underlining doubts that the world's second-largest economy is picking up.
France's top scorer Karim Benzema on Wednesday accused coach Didier Deschamps of bowing to pressure from a "racist" political party by not choosing him for the country's Euro 2016 squad. The Real Madrid striker, who is being investigated over an alleged sex-tape blackmail case, questioned whether Deschamps left him out because of his Algerian descent. The comments echo similar accusations from French legend Eric Cantona, who last week said Deschamps had excluded Benzema and Hatem Ben Arfa because of their North African heritage -- drawing a threat of legal action from the coach's lawyer.