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Since 2007, workers wages have increased by an annual 5 per cent increment, but Seoul says any such changes should come through mutual agreement.
Both Merkel and Tsipras face domestic opposition to the bailout deal.
The first nuclear reactor to go online after four years lies just 50 km from the Sakurajima volcano.
Lavrov says Moscow supports expanded permanent seats but not at the expense of veto dilution.
Cash-strapped Athens is already overwhelmed by its massive debt to European creditors.
China's sudden currency devaluation sends global stocks into a spiral.
When markets open on Monday, the overall drop since banks closed on June 26 will stand at 15 per cent.
Turkey launched retaliatory air raids against ISIL after a suicide bomber killed 32 people on July 20.
Investors and traders who speculate on central bank policy are 'betting' that the odds of a rate hike in September are 56 per cent.
Italian officials said they rescued some 373 people and recovered 25 corpses from the choppy waters.