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Armenian police disperse thousands protesting over energy prices

By Hasmik Mkrtchyan YEREVAN (Reuters) – Armenian police used water cannon to disperse thousands of people protesting in the capital Yerevan on Tuesday against a hike in electricity prices and detained more than 200 of them. Opposition parties condemned the police action and demanded the release of the 237 held after a rally that showed heightened social tensions in the cash-strapped South Caucasus country. A member of the opposition Armenian

Wall St. set to open higher on Greek hopes

U.S. stocks closed higher on Monday with the Nasdaq hitting a record high on Greece deal optimism, merger and acquisition activity and better-than-expected growth in existing home sales in May. Darden Restaurants’ shares rose 5.4 percent to $73.1 in premarket trading after the Olive Garden owner said it intends to separate a portion of its real estate assets into a real estate investment trust, proceeds of which will be used