Summary

  • BP in $18.7bn Deepwater Horizon settlement

  • Greece 'needs another €50bn', warns IMF

  • Yanis Varoufakis to resign if Greeks vote yes

  • US economy adds 223,000 jobs in June

  1. Varoufakis: Government may have to resignpublished at 07:33 British Summer Time 2 July 2015

    The Greek Finance Minister Yanis Varoufakis has tweeted a link to an interview, in which he says the current government "may very well" resign if there is a yes vote on Sunday. He also says that when Greece announced plans for a referendum, a fellow european finance minister questioned why Greece would put such a complex issue to "common folk" (Mr Varoufakis's words). It's an interesting listen.

  2. Greece: Lost for wordspublished at 07:18 British Summer Time 2 July 2015

    BBC reporter Rob Young is in Athens and tweets: