US Treasury chief backs Greece debt relief – The Daily Courier (subscription)

ATHENS, Greece – U.S. Treasury Secretary Jacob Lew stressed Thursday the importance of making Greece’s debt sustainable, praising the country’s progress in reforming its economy as part of its bailouts but urging it to keep implementing the necessary measures. … Read the full article at: http://www.kelownadailycourier.ca/news/world_news/article_6724ab03-578f-5f2a-83ba-f5f4b8f7b8d5.html

US Treasury chief stresses need for Greek debt relief – Appeal-Democrat

ATHENS, Greece (AP) U.S. Treasury Secretary Jacob Lew stressed Thursday the importance of making Greece’s debt sustainable, praising the country’s progress in reforming its economy as part of its international bailouts but urging it to continue implementing the necessary measures. … Read the full article at: http://www.appeal-democrat.com/news/regional_news/europe/us-treasury-chief-stresses-need-for-greek-debt-relief/article_e96deb52-7ae5-5bcc-a969-df153c057a72.html

‘M’sians defrauded on enormous scale, 1MDB funds used to pay gambling debts’ – Malaysiakini (subscription)

1MDB funds were used to pay for gambling debts in Las Vegas, said US investigators. “Funds were stolen under the pretense of a 1MDB investment in oil exploration. “On paper the US$1 billion was for resource rights, instead (it was) used for personal enrichment…(including) gambling debts in Las Vegas casions, a luxury yacht, interior decorators…

BRIEF-Garnero Group Acquisition Company announces termination of investment agreement and provides information … – Reuters

Garnero Group Acquisition Co * As result of certain material breaches by Q1 Comercial De Roupas S.A. of agreement between parties, it has terminated deal * Garnero group acquisition company announces termination of investment agreement and provides information on liquidation * Terminated its previously announced proposed merger with grupo colombo * Ggac’s corporate existence will…