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Transcripts For KCSM DW News 20240622

The chinese city of tianjin. Now there are reports of toxic fumes from the blast site. Sarah im sarah harman, thanks for joining us. The situation in athens is tense at this hour. Lawmakers are voting on a key but contentious bailout deal. It could lead to a split in the ruling party. The vote comes as the Greek Economy shows tentative signs of recovery. A look now at what is at stake in the bailout. Greek Prime Minister Alexis Tsipras is facing a storm of criticism. Newspaper headlines read, yet more taxes for greece, complaining about tsiprass politics. One key demand is privatization of stateowned companies, with 14 Regional Airports likely to go to a german airport operator. One port has already been partially privatized and more of it will be sold off in october. The revenues will go straight to the banking. The eurozone is not keen on shouldering the entire cost of recapitalizing greeces banks. The public will have to shoulder its share in the form of tax hikes and pension cuts.

Financial tips from expert Jonathan Pond

The Social Security Administration announced last week that seniors will receive a 3.2% increase in benefit checks starting next year.

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