China’s stimulus plans are choking the profitability of its megabanks, analysts say newsthirst.

A man on a mobile phone walks past a Bank of China Ltd. branch in Guangzhou, Guangdong Province, China, on Thursday, March 27, 2014. Brent Lewin | Bloomberg | Getty Images China’s largest state-owned banks are likely to see their record low profit margins decline even further as Beijing’s broader stimulus package comes into play,…

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Iran plans ‘harsh, regretful’ response against Israel’s airstrikes? What Supreme leader Khamenei instructed | World News newsthirst.

Iran has reportedly ordered for a “harsh and regretful” response to Saturday’s deadly Israeli attack on Iranian military facilities. The New York Times, citing three Iranian officials, reported that supreme leader Ayatollah Ali Khamenei had instructed the Supreme National Security Council on Monday to prepare for attacking Israel. Iran’s Supreme Leader Ayatollah Ali Khamenei attends…

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