TODAY’S TOP ARTICLES – 4 JUL 2014

United States: US Economy Adds 288,000 Jobs in June
The US economy added 288,000 jobs in June, latest figures from the Bureau of Labor Statistics have shown. The unemployment rate dropped to 6.1%, its lowest level since September 2008. (Source: BBC News)

Germany: German Manufacturing Orders Decline on Geopolitical Risks
German factory orders fell more than expected in May. While recent surveys suggest that the pace of Germany’s economic expansion is cooling and tensions between Russia and Ukraine have increased uncertainty, Germany remains the driving force for the recovery in the euro area. (Source: Bloomberg)

Eurozone: ECB Announces Further TLTRO Details
The Governing Council of the European Central Bank (ECB) decided today on further technical details of a series of targeted longer-term refinancing operations (TLTROs), announced on 6 June 2014. The TLTROs are designed to enhance the functioning of the monetary policy transmission mechanism by supporting bank lending to the real economy. (Source: MNI)

Latvia: Saeima and Government Must Provide Security and Welfare for Latvia’s Residents
Prime Minister Laimdota Straujuma (Unity) said that Saeima and government must work hand-in-hand to find the most effective and sustainable solutions for the security and welfare of Latvia’s citizens. The prime minister emphasized that national security is crucial for the stability of the country, and is a pre-condition for economic development. (Source: Baltic Course)

Argentina: US Urges Argentina to Find Solution with Holdout Investors
The United States on Thursday urged Argentina to negotiate a solution with holdout investors after a string of U.S. court decisions that have pushed the country to the brink of default. (Source: CNBC)

For the latest economic indicators from around the world, please visit us at Focus-Economics.com.

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