World news: City of Detroit files for bankruptcy, Emergency mana...

If this email is not displayed correctly, please click on the following link or open your browser and paste the link into the address field: http://view.ed4.net/v/8P1R88/7ZLDT0/SXKPIN/6VRT5E/   World news briefing: Friday July 19 2013 World News   City of Detroit files for bankruptcy Detroit is being watched for clues on how a heavily indebted municipality can regain its financial footing, as it files for Chapter 9 bankruptcy http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/9MHSJP/CM/h?a1=2013&a2=7&a3=19   Emergency manager Detroit's 'most hated man' Kevyn Orr., Detroit's financial director, has more than three decades of experience managing complex bankruptcies and financial restructurings http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/7ZLQ91/CM/h?a1=2013&a2=7&a3=19   China takes step to financial reform In a move towards liberalisation, the central bank has scrapped the lower limit on commercial interest rates and eliminated controls on discount bills http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/ULIAZM/CM/h?a1=2013&a2=7&a3=19   EU draws up plans for nuclear state aid Exempting all atomic projects from general restrictions on government help will prompt relief in UK and France but fury in Germany and Austria http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/A5BJR1/CM/h?a1=2013&a2=7&a3=19   Rudd slams door on asylum seekers In a pre-election policy switch, the prime minister says unauthorised arrivals will be sent to Papua New Guinea and not allowed to settle in Australia http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/ULIAZ4/CM/h?a1=2013&a2=7&a3=19   OECD unveils global crackdown over tax G20 told plans responding to furore over low tax rate paid by companies such as Google mark 'turning point in history of international co-operation' http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/A5BJRF/CM/h?a1=2013&a2=7&a3=19   Russian court frees Navalny pending appeal Public prosecutor says Navalny's pre-trial restrictions should be changed as the defendant is a candidate for the Moscow mayoral election http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/DX6N3B/CM/h?a1=2013&a2=7&a3=19   Islamists unite against Egyptian regime After opposing the Muslim Brotherhood during its year in power, Salafists and other Islamist groups are rallying in support of the ousted president http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/Q3X0C4/CM/h?a1=2013&a2=7&a3=19   Japanese politicians turn to the web After election laws were liberalised, the parties are putting major resources into the web but the campaigns have been criticised for a lack of elan http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/IE2LTG/CM/h?a1=2013&a2=7&a3=19   Bahrain violence on rise after car bomb Clashes erupt across Bahrain after a mosque is targeted in an area loyal to the ruling family amid unrest fuelled by a political vacuum http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/1OFXKF/CM/h?a1=2013&a2=7&a3=19   The World Blog with Gideon Rachman   In the Picture: Detroit declares bankruptcy Detroit filing for chapter 9 bankruptcy might have come as a shock to outsiders and anyone glancin ... http://link.ft.com/r/8P1R88/RP7IS4/IY8ZJL/8728ZU/6A1EQE/CM/h?a1=2013&a2=7&a3=19   In depth - FT.com Libor scandal Austerity Europe Great tax race US states of emergency Tools Your account    Portfolio Email Briefings    Price alerts Keyword alerts    RSS feeds Subscribe to FT.com     © THE FINANCIAL TIMES LTD 2013 ABOUT THIS EMAIL You have received this email because you have signed up from the NBE preference page. FT.com Change Briefings  •   Unsubscribe  •   Change Email Address  •   Forward this email to a friend  •   Privacy Policy  •   About Us  •   Help This email was sent by or on behalf of a company owned by Pearson plc, registered office at 80 Strand, London WC2R 0RL. Registered in England and Wales with company number 53723..