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Kazakh experts have shared their opinions about the effect of the Greek debt crisis on Kazakhstan’s economy.

The International Monetary Fund said that allowing a borrower to delay repayment, as Greece has requested, is generally ineffective in helping a country overcome crisis.

Eurozone finance ministers declined to extend Greece's bailout Tuesday hours before its expiry and a possible IMF default.

Irish Prime Minister Enda Kenny said that Greece can still return to negotiations with its international creditors to avert a default and possible exit from the euro.

Russian Foreign Minister Sergei Lavrov expressed the hope that Brussels would avoid "negative scenarios" over Greece amid fears that the country is heading for a eurozone exit.

Greece will hold a referendum on July 5 on the outcome of negotiations with its international creditors taking place in Brussels.

Japanese Prime Minister Shinzo Abe called on Russian President Vladimir Putin to play a constructive role in finding "peaceful and diplomatic solutions" to the crisis in Ukraine.

He is only 14 but already knows how to assemble a Kalashnikov rifle. Denis is a child soldier in the making.

The Russia-Ukraine conflict has no short term solution and is part of a fabricated conflict with the West to distract everyday Russians from corruption and incompetence.

Secretary of State John Kerry on Monday pressed his Russian counterpart Sergei Lavrov to ensure that Moscow respects the ceasefire in eastern Ukraine.

Washington's UN ambassador met with Ukraine's President Petro Poroshenko at a time of renewed hostilities with pro-Russian fightersю

The leaders of Germany and the United States hammered home a tough line on Russia as they kicked off a G7 summit dominated by crises in Ukraine and Greece.

US President Barack Obama and German Chancellor Angela Merkel said that Western sanctions must remain in place against Russia until it complies with a ceasefire deal with Ukraine.

Ukrainian President Petro Poroshenko warned of a "colossal threat" of renewed fighting with pro-Russian rebels after a surge in violence that left at least 26 people dead.

Foreign Minister of Kazakhstan Idrissov said that the conflict in Ukraine was an anomaly.

The Kremlin accused Ukrainian forces of "provocative actions" as fresh clashes flared in east Ukraine after Kiev said pro-Moscow rebels had launched a new assault.

A Russian freelance journalist who claims she went undercover as a pro-government Internet troll says she is suing her former employer in a bid to expose the workings of the Kremlin's online army.

Germany's foreign minister warned that the situation in Ukraine's separatist east was turning more "fragile".

According to the Central Bank Governor Kairat Kelimbetov, Kazakhstan and Azerbaijan are best prepared for global economic shocks among all post-Soviet countries apart from Russia.

Russian President Vladimir Putin banned the release of information about troop deaths in "special operations" during peacetime.
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