Business News in Brief, July 11

Business News in Brief, July 11: Euro Drops as Portugal Debt Cut to ‘Junk', US, China in Talks Over Audit of Chinese Firms, Three More US Banks Fail, Chinese Inflation Rises to 6.4 Percent.
Business News in Brief, July 11
IMF DEBATE: Christine Lagarde conducts her first press conference as new IMF managing director on July 6, in Washington, where she addressed the European debt crisis and the U.S. debt ceiling. Paul J. Richards/Getty Images
Epoch Times Staff
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Euro Drops as Portugal Debt Cut to ‘Junk’

<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/118490887.jpg" alt="IMF DEBATE: Christine Lagarde conducts her first press conference as new IMF managing director on July 6, in Washington, where she addressed the European debt crisis and the U.S. debt ceiling. ( Paul J. Richards/Getty Images)" title="IMF DEBATE: Christine Lagarde conducts her first press conference as new IMF managing director on July 6, in Washington, where she addressed the European debt crisis and the U.S. debt ceiling. ( Paul J. Richards/Getty Images)" width="320" class="size-medium wp-image-1801097"/></a>
IMF DEBATE: Christine Lagarde conducts her first press conference as new IMF managing director on July 6, in Washington, where she addressed the European debt crisis and the U.S. debt ceiling. ( Paul J. Richards/Getty Images)
Epoch Times Staff
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