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Belarus police crush protests as ruler claims election win

Bloomberg Riot police detained thousands of protesters in Belarus in clashes after Alexander Lukashenko claimed a landslide victory in presidential elections to extend his 26-year rule amid opposition accusations of massive fraud. About 3,000 people were held by law enforcement including 1,000 in the capital, Minsk, the Interior Ministry said on Monday in a website statement. Protests took place in ...

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Pakistan’s court indicts ex-president Zardari in graft case

Bloomberg Pakistan’s anti-graft court indicted former President Asif Ali Zardari on charges of corruption, as the opposition groups accused the government of Prime Minister Imran Khan of persecution. Azam Khan, a judge of an accountability court, formally framed charges against Zardari for buying assets overseas from undeclared sources, Muzafar Abbasi, a deputy prosecutor at the National Accountability Bureau, said by ...

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China avoids top Trump aides in HK retaliatory sanctions

Bloomberg China said it will sanction 11 Americans in retaliation for similar measures imposed by the US, but the list doesn’t include any members of the Trump administration. Those sanctioned include Senators Marco Rubio, Ted Cruz, Tom Cotton and Pat Toomey; Congressman Chris Smith; Human Rights Watch Executive Director Kenneth Roth; National Endowment for Democracy President Carl Gershman; and Michael ...

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Johnson plans tighter laws for migrants

Bloomberg Boris Johnson promised to re-write laws he says make it “very difficult” to deport migrants and asylum seekers ruled to have no right to stay in the UK, as pressure builds on his government to stem the flow of small boats crossing the English Channel from France. More than 4,000 people have reached the British coast this year by ...

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Chicago looting spurs 100 arrests, city restrictions

Bloomberg Chicago authorities are restricting access to the city’s downtown after caravans of looters smashed windows, damaged storefronts and stole merchandise across downtown overnight, leading to the arrests of more than 100 people. Two people, a civilian and a security guard, were shot amid the melee, as crowds descended overnight on major commercial areas, including the iconic Magnificent Mile, Superintendent ...

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Philippine navy wants to protest Chinese ships

Bloomberg The Philippines’ navy chief is urging the government of President Rodrigo Duterte to file a diplomatic protest against China over the presence of two Chinese survey ships at an oil-rich disputed area in the South China Sea. The surveillance vessels were spotted in Reed Bank last week and have no clearance from the Philippine government, Vice Admiral Giovanni Bacordo ...

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RBI’s silence on India bond sales leaves traders baffled

Bloomberg The Reserve Bank of India’s (RBI) monetary policy review has come and gone but it’s done little to calm traders’ nerves over an unprecedented government bond supply. Their patience is running thin as the RBI refrained from taking steps to ease the market’s debt burden at a policy review last week, even as the government plans to sell 12 ...

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Barclays probed by UK privacy watchdog for monitoring staff

Bloomberg Barclays Plc is being investigated by the Information Commissioner’s Office, a privacy watchdog, on allegations it spied on its workers through a computer monitoring software, the Telegraph reported. A spokesman from the Information Commissioner’s Office confirmed the probe to the paper, but couldn’t say when it will conclude. The Telegraph said Barclays faces a maximum fine of 865 million ...

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Hong Kong bankers are moving to suspend accounts on US sanctions

Bloomberg Banks operating in Hong Kong are stepping up scrutiny of their customers and at least one US bank is moving to suspend accounts to avoid running afoul of US sanctions slapped on city officials, putting them at risk of violating the controversial security law imposed by China. Asking not to be named discussing clients, people familiar with the decision ...

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British banks index falls to 27-year-low by 1.8%

Bloomberg A benchmark tracking shares of British banks closed at the lowest level since December 1992 after the Bank of England left investors concerned that interest rates may drop further, hurting earnings for the sector. The FTSE 350 Banks Index falls 1.8% amid a broader market drop as central bank officials indicated rates could fall below zero after the coronavirus ...

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