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Positive signs for the recovery of the American economy as employers created 195,000 jobs in June, more than estimated by Wall Street.

We hear from one of the world's richest men, Eike Batista, who was the poster boy for the Brazilian boom but who has lost a huge chunk of his fortune, after his business empire, once worth $60 billion sinks into the red.

And find out about the Chinese credit-ratings agency that wants to rival the big three of Moodys, Fitch and Standard & Poors.

Plus the EU and IMF threaten to cut off the flow of money to Greece, because the government is failing to meet the conditions of its bailout.

And the extraordinary story of the Chinese driver who managed to crash his car hundreds of times before his insurance company became suspicious.