The 10 most important things in the world right now

Good morning! Here's what you need to know for Wednesday.

1. Europe's private sector is picking up speed, based on the latest business surveys from Spain, Italy, France, Germany and the eurozone whole-economy.

2. Greece's new radical government has irritated fellow European leaders with their surprisingly hostile negotiating manners.

3. Israeli Prime Minister Benjamin Netanyahu called an impending US-Iran nuclear agreement a "bad deal" in an address to Congress on Wednesday.

4. An explosion at a coal mine in a rebel-held region of eastern Ukraine has killed at least 30 people.

5. China's military budget will grow by 10% over the next year.

6. Former US General David Petraeus has agreed to plead guilty to a misdemeanour charge for mishandling classified information.

7. New data shows that desertions and casualties have crippled Afghan security forces, while the US is under pressure to withdraw troops from the region.

8. The Royal Bank of Scotland is cutting 14,000 investment jobs.

9. One of the world's leading economists and a former adviser to UK Chancellor George Osborne, Douglas McWilliams, was allegedly filmed smoking crack and accused of assaulting a prostitute in London.

10. Scientists photographed the tiniest thing on earth, a bacterium that only has a volume of 0.009 cubic microns.

And finally ...

Microsoft cofounder Paul Allen says his exploration vessel found a Japanese WWII ship at the bottom of the sea in the Philippines.