Tsipras Faces Off With Europe Over Austerity Before Sunday Vote (Bloomberg)
Greek and European leaders dug into their positions before the country’s referendum on Sunday, as polls showed the outcome is impossible to predict and what happens next even more uncertain. Officials from Berlin to Madrid reiterated that a “no” to the latest proposals by creditors would deepen Greece’s economic misery. Greek Prime Minister Alexis Tsipras told supporters in Athens that a “no” vote was the ticket out, as he appealed for a 30 percent cut in his nation’s debt.
Greece Referendum: What Happens If They Vote ‘No’ (Bloomberg)
If Greeks vote “Yes” a third bailout package could come together in a matter of weeks if all sides put their minds to it, although Greece might need to form a new government in the same period. Results from the referendum could be known within hours, and some politicians have raised the prospect of a national unity, pro-European government with parties that backed a “Yes” vote. Euro-area officials would probably reconvene quickly to consider next steps. Once there’s a deal in principle, it’s even possible Greece could win disbursement of 3.3 billion euros ($3.7 billion) from central-bank profits on bond purchases – money that was set aside for the second bailout and then taken off the table on June 30.
Strauss-Kahn Inches Back Onto France’s Political Scene (Bloomberg)
The former head of the International Monetary Fund, whose putative French presidential bid ended in a Manhattan hotel room, has scored well in polls that asked the French who they want in the 2017 presidential elections. DSK, as he is known in France, has also seen his Twitter account amassing more than 50,000 followers in 10 days.
Fireworks Sales Skyrocket as More States Lift Bans (WSJ)
Since 2011, six states—Kentucky, Utah, New Hampshire, Maine and Michigan, along with Georgia—have lifted restrictions on the sale of most types of consumer fireworks, according to Ms. Heckman. Other states have loosened laws about sparklers and other smaller items, including New York, she said. Only three states—Massachusetts, New Jersey and Delaware—still completely prohibit fireworks sales.
Joey Chestnut is focused on gobbling wieners after splitting from fiancee (NYP)
The hot-dog-eating legend told The Post he plans to digest his emotions and munch his way to a ninth straight title at the Coney Island contest Saturday — fresh off his breakup with the woman to whom he proposed on stage after his victory last July 4.
The split “gave me more reason to focus on this competition,” said Chestnut, whose breakup gave him plenty of time to focus on his true love: gobbling wieners. A year ago, it appeared as if Chestnut’s heart was as full of love as his stomach was full of processed meat, when he got down on bended knee and proposed to 27-year-old Neslie Ricasa, moments after he claimed victory at the annual Independence Day Nathan’s hot-dog-eating contest. But the couple’s love turned sour before Chestnut, 30, could barely even digest the 61 franks he ate to win. Nine months later, weeks before their May 9 wedding date, the couple of three years split, he said. Chestnut blamed the breakup on his hectic competition schedule.
UBS has whistleblower deal in Brazil currency investigation: paper
Swiss lender UBS AG made a whistleblower deal with Brazilian authorities investigating the suspected rigging of Brazil's currency market and will receive no punishment in the case, a local newspaper reported on Friday. The investigation, which involves 15 of the world's largest banks, began following the presentation of evidence by UBS, Valor Economico reported, without naming its sources.
Uber to Suspend Uberpop in France (WSJ)
Uber said it would suspend the service called Uberpop immediately in France, while awaiting a constitutional court decision due in late September on the service’s legality. Uberpop uses drivers without professional licenses, rather than licensed taxis or car services, allowing it to offer lower prices.
Fitch Affirms Russia’s Rating, Maintains Negative Outlook (WSJ)
Downgrades from Standard & Poor’s Ratings Services and Moody’s Investors Service earlier this year placed Russia’s ratings in junk territory. On Friday, Fitch maintained the triple-B-minus rating, on the brink of junk status. That rating has been in place since a one-notch downgrade in January.
Florida Man Fired After Facebook Post Saying He Wants To Marry Dog (HP)
On Tuesday, his employer, Grace Investment Group, fired him from his position as a digital marketing specialist. "I was blindsided," he told The Huffington Post. "I didn't think anyone there knew how to use Facebook." Uhler told The Huffington Post he didn't mean anything derogatory by the post, and has no problem with the Supreme Court's decision. However, he also admits being aware that likening same-sex marriage to an animal wedding is a cliche often used by critics of LGBT rights. "I'm very neutral about politics. Sometimes, I will try and get a reaction to spark comments and responses." Uhler told The Huffington Post. "I really didn't want to offend. I have gay people I know and love and I wouldn't want to offend them, but they know my sense of humor."