TODAY’S TOP ARTICLES – 9 JUL 2014

Indonesia: Indonesia’s Close Presidential Race Down to Voting Day
Indonesia is holding presidential elections today with polls signaling a closer than expected matchup between Joko Widodo and Prabowo Subianto. (Source: CNN)

Japan: Bank of Japan Might Lower the Country’s Growth Forecast
Unofficial sources said that next week the Bank of Japan might cut its 2014 growth forecast as exports have been weak and household spending fell more than expected after April’s sales tax hike. (Source: Reuters)

Argentina: Argentina Asks Mediator for Stay on U.S. Court Debt Ruling
Economy Minister Axel Kicillof told a mediator that the U.S. court ruling against Argentina is “impossible” and that a stay is necessary to allow more time to reach a deal with all creditors. (Source: Reuters)

China: China’s June Inflation Moderates to 2.3 pct
Inflation ticked down from 2.5% in May to 2.3% in June, which was in line with market expectations. The lower inflation rate was mainly because of lesser impact from the carryover effects from last year, and fewer new factors for price gains compared to May. (Source: Global Times)

Greece: Greek Public Sector Workers Start 24-hour Strike
Public sector workers in Greece have begun a 24-hour strike to protest against continuing cuts in government spending. Hospitals, tax offices, prisons and archaeological sites are expected to be disrupted by the action. (Source: BBC News)

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

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