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Philippines’ Duterte vows hangings in ‘war on crime’

  Davao / AFP Philippine president-elect Rodrigo Duterte vowed on Monday to introduce executions by hanging as part of a ruthless law-and-order crackdown that would also include ordering military snipers to kill suspected criminals. In back-to-back press conferences since his landslide victory in May 9 elections, the tough-talking mayor of southern Davao city said security forces would be given “shoot-to-kill” ...

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Nigerian govt to meet unions over national strike threat

  Lagos / AFP Nigeria’s government will meet union leaders to try to prevent a planned national strike over a 67 percent hike in the price of petrol, the labour ministry said on Monday. Ministry spokesman Samuel Olowookere said the talks would take place in Abuja at 3:00 pm (1400 GMT) and involve government officials, the Nigeria Labour Congress (NLC) ...

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Deutsche Bank’s woes continue as overhaul needs big capital

  Bloomberg Deutsche Bank AG is stuck in a vicious circle as co-Chief Executive Officer John Cryan seeks to overhaul an impaired business that needs more capital, which the bank would struggle to raise if it tried to tap investors, according to Berenberg. The Frankfurt-based lender’s biggest problem is excessive leverage, Berenberg’s James Chappell wrote Monday in a note that ...

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