Germany has a worse record on money-laundering than Cyprus, according to assessments by the Financial Action Task Force (FATF), the global body charged with tackling money-laundering. The FATF and MoneyVal have published evaluation reports for all 17 countries in the eurozone. A comparative table that was published on the Cyprus Ministry of Finance website this
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A woman who helped found the Kurdish PKK rebel movement and two other women were found shot dead in Paris overnight after execution-style killings that cast a shadow over peace moves between Turkey and the guerrillas. The bodies of Sakine Cansiz, a founder of the Kurdistan Workers Party (PKK) in the early 1980s, and her
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China shares posted their worst daily loss in nearly four months on Friday, snapping a five-week winning streak after higher-than-expected December inflation crimped expectations for further monetary easing. The CSI300 of the top Shanghai and Shenzhen A-shares closed down 1.9% on the day and 1.6% on the week at 2,483.2 Points. The Shanghai Composite Index
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The killing of a senior Islamist rebel commander near Syria's border with Turkey could indicate a turf war between armed groups that will hamper their struggle to overthrow Syrian President Bashar al-Assad, sources told Reuters. Thaer al-Waqqas, northern commander of al-Farouq Brigades, one of Syria's largest rebel groups, was shot dead at a rebel-held position
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Asian shares and Brent crude futures fell on Friday as a pick-up in Chinese inflation prompted profit-taking, although an improving outlook for global economies curbed losses, while the yen slid on renewed expectations for bold monetary easing in Japan. China's annual consumer inflation rate accelerated to a seven-month high of 2.5% in December on rising
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A man accused of being an international fugitive and of being an associate of notorious Russian arms dealer Victor Bout has been arrested in Australia, authorities said on Friday. Richard Ammar Chichakli, 53, appeared briefly in court in the southern city of Melbourne on Thursday after being identified while applying to become a government security
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U.S. transportation officials will hold a press conference on Friday to discuss issues related to recent electrical problems on Boeing Co's new 787 Dreamliner, according to a person familiar with the matter. The source, who did not want to be identified because the information is not public, declined to provide further details. The U.S. Federal
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The driver of the bus on which an Indian student was gang-raped and fatally beaten featured three years ago on a television show that was hosted by a former top woman police officer. Ram Singh, the main accused in last month's assault on the woman in New Delhi, had sought help on the show, "Aap
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Violence against Pakistani Shia Muslims is rising and some communities are living in a state of siege, a human rights group said on Friday, warning that sectarian violence will only get worse a day after 114 people were killed in bombings. Most of the deaths were caused by twin attacks in the western city of
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U.S. presidential drama "Lincoln" led the pack of Oscar nominees on Thursday with 12 nominations including a nod for best picture, in the race for the world's top film honors. Joining "Lincoln" in the competition for the best movie Oscar were eight films – shipwreck tale "Life of Pi" with 11 nods, musical "Les Miserables,"
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