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The warmth of the friendship between Chinese President Xi Jinping and Russia's Vladimir Putin -- who meet Wednesday for the eighth time in two years -- does little to counter the bitter economic winds blowing through their shared border. In the Chinese city of Heihe, neon-lit high-rises line the banks of the Amur river facing Siberia's Blagoveshchensk powered by electricity from hydroelectric plants over the border. Cyrillic signs greet shoppers from the north, but traders say recession in Russia is hitting business.
Greece could descend into "chaos" unless a deal is found soon, the head of the French central bank, Christian Noyer, said on Wednesday. "The Greek economy is on the edge of catastrophe. The EU's Economic Affairs Commissioner Pierre Moscovici said an agreement with Greece was possible but it was up to its government to make credible proposals to its fellow eurozone members.
A Thai policeman described the harrowing moments he discovered the bodies of two British holidaymakers on Koh Tao island as the high-profile trial of two Myanmar migrants charged over their deaths opened Wednesday. Zaw Lin and Win Zaw Tun have both pleaded not guilty to the murder last September of 24-year-old David Miller and the rape and murder of Hannah Witheridge, 23, in a case that has tarnished Thailand's reputation as a tourist haven. The two men, who have been in custody on neighbouring Koh Samui since October, arrived at court in a prison van with their feet shackled.