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Year: 2021

Credit Suisse faces penalties over Mozambique loan deals

By JAMEY KEATEN Associated Press ZURICH (AP) — Credit Suisse has announced settlements totaling nearly $700 million with British, Swiss and U.S. authorities over lending to Mozambique state-owned companies that Swiss regulators say violated anti-money-laundering rules. The Zurich-based bank, Switzerland’s second-largest, also was required by the Swiss financial markets authority to improve its risk controls.

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Credit Suisse faces penalties over Mozambique loan deals

By JAMEY KEATEN Associated Press ZURICH (AP) — Credit Suisse has announced settlements totaling nearly $700 million with British, Swiss and U.S. authorities over lending to Mozambique state-owned companies that Swiss regulators say violated anti-money-laundering rules. The Zurich-based bank, Switzerland’s second-largest, also was required by the Swiss financial markets authority to improve its risk controls.

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Karim Benzema and Mathieu Valbuena: A ​blackmail ​allegation and a sex tape — two French footballers face off in court

By Joseph Ataman, CNN A sex-tape, alleged blackmail and two French soccer stars: as the trial of French striker Karim Benzema kicks off today, it was always going to draw attention. Benzema, who plays club football for Real Madrid, faces a charge of “complicity in attempted blackmail” against former French national teammate and current Olympiacos

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Brazilian senators recommend Bolsonaro be charged with crimes against humanity over pandemic

By Rodrigo Pedroso, Stefano Pozzebon and Isa Soares, CNN Brazilian senators have recommended President Jair Bolsonaro be charged with 10 crimes, including crimes against humanity, alleging his “reckless” mismanagement of the Covid-19 crisis that led to the deaths of hundreds of thousands of people. Lawmakers investigating the President officially presented their report on Wednesday, condemning

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Wave of killings triggers memories of dark past in Kashmir

By AIJAZ HUSSAIN Associated Press SRINAGAR, India (AP) — A spate of recent killings has rattled Indian-controlled Kashmir, with violence targeting local minority members and Indian civilians from outside the disputed region. The targeted killings have led to widespread unease, particularly among the region’s religious minority Hindus, most of whom fled Kashmir after an anti-India

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