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PRESS DIGEST – Wall Street Journal
* As South Africa prepares to host the World Cup on Friday, the nation’s poor black underclass is accusing the ANC government of neglect.
* Star investor Louis Bacon of Moore Capital, who has scored annual gains of about 20 percent on average over the past two decades, suffered losses of 9.2 percent in May.
* British supermarket giant Tesco Plc (TSCO.L) named its Europe and Asia chief, Philip...
