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CHARLESTON, S.C. (AP) — Under an outdoor tent a few blocks from Emanuel African Methodist Episcopal Church, Sharon Simmons paused while cleaning up from the previous night's revival to ponder the idea of forgiving the white man accused of killing nine of the historic black church's members, including the pastor.
Chinese stocks rose on Monday, as an unprecedented series of support measures unleashed by Beijing brought some relief to a market whose headlong slide over the past three weeks had raised fears about the stability of the world's second-biggest economy. In an extraordinary weekend of policy moves, brokerages and fund managers vowed to buy massive amounts of stocks, helped by China's state-backed margin finance company, which in turn would be aided by a direct line of liquidity from the central bank. Oliver Barron, China policy research analyst at NSBO, said it wasn't just faith in the markets at stake after investors had ignored official measures to prop up equities as indexes slid around 12 percent last week.
Athens (AFP) - 08:09 GMT - Stock markets slide - Greece's No vote has fuelled fears the country will crash out of the eurozone and stock markets across Europe reflected those concerns by sliding at the start of trading on Monday morning. The euro, on the other hand, rallied after Finance Minister Yannis Varoufakis announced his shock resignation. The surprising decision appears to be a concession by Prime Minister Alexis Tsipras to international creditors after his resounding victory in the historic bailout referendum.