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IMF Warns Against Trade Tensions, Protectionism

IMF Warns Against Trade Tensions, Protectionism

International Monetary Fund (IMF) Chief Christine Lagarde on Thursday warned political leaders “trade tensions, frictions and threats” could inflict long-term damage on investment and the global economy. Lagarde said that trade disagreements are “better resolved in a multilateral way, amid retaliatory tariffs and other barriers being erected between the U.S. and China. The Washington-based crisis […]

Australia: Banking Executives Responsible For Misconduct May Face Jail

  Australian Treasurer Scott Morrison warned that financial sector executives responsible for widespread breaches of corporate law could face jail. Meanwhile, a powerful judicial inquiry heard more evidence of misconduct by the country’s top financial institutions. Morrison’s comments on Wednesday were made after executives at AMP Ltd (AMP.AX), Australia’s largest wealth manager, admitted a day […]

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Bangladesh Outlaws Controversial Test To Assess Rape Victims

A Bangladeshi court on Thursday banned a controversial physical examination conducted on women and girls to determine rape cases as rights groups say the method re-traumatises the victims. “A two-judge panel of the High Court outlawed the so-called “two-finger test” to settle a petition filed five years ago by a group of rights organisations seeking […]

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Removal Of World War II Left Over Bomb Forces 26,000 Germans Out Of Their Homes

  More than 26,000 people had to clear out from their residences on Sunday as demolition experts began removing a 1.8-ton bomb left over from World War II, discovered in March in a garden in the western German city of Paderborn. The work to defuse the British bomb meant that buildings within a 1.5-kilometre radius […]

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Data Leak Hits 87m Users, Widening Privacy Scandal, Facebook Says

  Facebook Inc (FB.O) said on Wednesday that the personal information of up to 87 million users may have been improperly shared with political consultancy Cambridge Analytica.   This number is up from a previous news media estimate of more than 50 million.   Most of the 87 million people whose data was shared with […]

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Americans Seek To Block 2020 Census Citizenship Question

  A group of U.S. states and cities on Tuesday filed a lawsuit to block the Trump administration from asking people filling out 2020 census forms whether they are citizens. The lawsuit, filed by 17 states, Washington D.C. and six cities, challenged what it said was an “unconstitutional and arbitrary’’ decision announced in March by […]

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Netanyahu Cancels UN Migrant Deal After Right-Wing Backlash

  Israeli Prime Minister Benjamin Netanyahu has cancelled an agreement with the UN to resettle some 16,000 African asylum seekers in Western countries and an equal amount in Israel, less than 24 hours after he announced the deal as “unprecedented.” “I listened attentively to many comments on the agreement,” Netanyahu said in a statement. “As […]

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Russia Opposes Use Of Extremists For Political Purposes – Official

  The use of terrorists and extremists for political purposes and as a pretext to interfere in sovereign countries’ internal affairs is absolutely unacceptable, Russian Deputy Foreign Minister Oleg Syromolotov said on Tuesday. Syromolotov spoke at an international conference devoted to priority goals of international cooperation in countering extremism and terrorism. “The readiness of a […]

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