World News: 19 July 2022

China agrees to further financial cooperation with EU
In the ninth round of the trade and economic dialogue between the EU and China, Chinese Vice Premier Liu He and European Commission Executive Vice President Valdis Dombrovskis had "pragmatic", "candid" and "efficient" discussions on macroeconomics, industrial and supply chains, trade and investment, as well as financial cooperation, Xinhua news agency reported.

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France battles massive wildfires, Britain records highest ever temperature
Southern and western Germany and Belgium also braced for potentially record temperatures as a heat wave, which scientists attribute to climate change, rose north and east.

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Sri Lanka's Wickremesinghe to face low-key lawmaker in tight race for president
Sri Lanka's main opposition leader withdrew from the presidential race on Tuesday and promised support to a low-profile politician from the ruling party who will take on acting president Ranil Wickremesinghe in a tight contest.

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Putin visits Iran on first trip outside former Soviet Union since Ukraine war
In Tehran, Putin will also hold his first face-to-face meeting since the invasion with a NATO leader, Turkey’s Tayyip Erdogan, to discuss a deal aimed at allowing the resumption of Ukraine’s Black Sea grain exports as well as peace in Syria.

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IMF says board approves $1.04 billion loan deal for Tanzania
The IMF said in a statement that the financing package would assist Tanzania's economic recovery, address spillovers from Russia's invasion of Ukraine, help preserve macroeconomic stability and support structural reforms.

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Mexico minimizes U.S. role in drug kingpin's capture
Caro Quintero's detention on Friday in a remote part of Sinaloa state was arguably the most important arrest of a drug trafficker under the administration of Lopez Obrador, who assumed power in December 2018.

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