• Monte dei Paschi shares jump 10 per cent on bailout hopes
Monte dei Paschi shares jump 10 per cent on bailout hopes

The MSCI's broadest gauge of the world's stock markets .MIWD00000PUS rose to its highest level in nearly two months, having risen 3.4 percent from its November low. However Banca Monte dei Paschi, which is looking to raise €5 billion this month to avoid being wound down, fell 2.8 per cent. Azad Zangana, senior European economist and strategist at...

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  • Russian, OPEC ministers to meet this week on oil output cuts
Russian, OPEC ministers to meet this week on oil output cuts

Cuts by these members will probably be delivered in full, or nearly, given their track record of complying with past output agreements. The last two aren't required to reduce supply in last week's agreement, meaning other members would have to make deeper cuts if the group is to reach its output goal.

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  • Aleppo: Syrian regime forces seize most of old city
Aleppo: Syrian regime forces seize most of old city

French President Francois Hollande denounced on Wednesday "systematic obstruction" by Russian Federation at the UN Security Council after the failure of a resolution calling for a seven-day ceasefire in the Syrian city of Aleppo. Brig. Gen. Zeid al-Saleh told state TV that rebels must leave Aleppo or face death. The government's ground offensive ...

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  • Iran: US threatens nuclear deal, warns of 'strong reaction'
Iran: US threatens nuclear deal, warns of 'strong reaction'

Do you suppose we will allow that? The Iranian president never mentioned Trump by name, referring to him only as "some man. elected in the U.S". However, Rouhani said that keeping sanctions on the books, even if they remain suspended, amounts to a breaching of the agreement.

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  • WikiLeaks' Assange releases statement he gave prosecutors
WikiLeaks' Assange releases statement he gave prosecutors

According to the statement she was "chocked (sic shocked) when they arrested him" because she "only wanted him to take [an STD test]". Under Swedish law, having sex with a woman who is asleep can be considered rape, so the questions of whether the woman was asleep, and whether she agreed to having sex without a condom, are vital.

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  • Thailand's new king appoints a smaller council of advisers
Thailand's new king appoints a smaller council of advisers

The biography included details about the king's three divorces, questions about his desire to rule due to "persistent rumors of womanizing, gambling and illegal businesses", and the questionable deaths of several people who fell afoul of the then crown prince.

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  • Donald Trump: Time Person of the Year
Donald Trump: Time Person of the Year

And Donald Trump is continuing the process of putting his administration together, telling NBC's " Today " show that he expects to pick a secretary of state next week. Donald Trump appeared on the Time magazine for the first time in January 16, 1989 . "It's a great honor". Still, anyone who's angry about this should recognize TIME doe...

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  • Samsung gets a lifeline in legal fight with Apple
Samsung gets a lifeline in legal fight with Apple

The ruling underscores the Supreme Court's unanimous opinion that the key consideration for damages for design patent infringement is the component of a device which violates the patents, and not necessarily the entire device. Experts maintain that the ruling in the Samsung vs Apple patent battle is going to help Samsung which is facing a hos...

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  • More time needed before Woods is judged by his scores
More time needed before Woods is judged by his scores

He even loved some of his golf at Albany. The recovery at times made it hard for him to walk and led him to wonder if he would ever play. The roller-coaster nature of Woods's form was sharply illustrated by the fact that he led the tournament with birdies (24) and double-bogeys (six).

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  • Search for survivors as deadly quake again hits Indonesia's Aceh
Search for survivors as deadly quake again hits Indonesia's Aceh

The province's disaster mitigation agency said more than 600 people were injured. The shallow subsea natural disaster, which had a magnitude of 6.5, according to the United States Geological Survey - struck at 5am on Wednesday morning. More than 100,000 died in Aceh after the December 26, 2004, natural disaster triggered a devastating tsunami. ...

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  • Brazil Senate refuses Supreme Court move to dismiss its president
Brazil Senate refuses Supreme Court move to dismiss its president

This is the first process that the Supreme Court has opened against the legislator despite that he has dozens of ongoing investigations involving him, most of which are related to the corruption network of state-owned gas company Petrobras .

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  • KP bodies demand sedition case against Farooq Abdullah
KP bodies demand sedition case against Farooq Abdullah

Commemorating the 111th birth anniversary of his father and NC founder, Sheikh Mohammad Abdullah, Dr Farooq Abdullah had on Monday urged his party workers to stay connected with "tehreek": "I am warning the workers of National Conference: Don't stay away from tehreek.

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  • United Kingdom may need new law to trigger Brexit
United Kingdom may need new law to trigger Brexit

Our submission is that a motion in parliament does not affect, can not affect, the legal issues in this case". Labour has said it would not "delay or frustrate" the triggering of Article 50, but the SNP and Liberal Democrats have indicated they may vote against.

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  • Trump is Time magazine's Person of the Year
Trump is Time magazine's Person of the Year

The president-elect's selection was announced Wednesday morning on NBC's "Today" show . "They're divided now. There's a lot of division". History will likely look back at Trump's Time Person of the Year award much the same way we have looked at other negative leaders, but for Trump, it is just yet another accolade which rewards all of his har...

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  • Ohio governor tells electors not to vote for him over Trump
Ohio governor tells electors not to vote for him over Trump

There had not yet been a Republican defection at the time, but Baca told the magazine that all they needed was one. Moore going to cast her vote for President-elect Donald Trump , based on the outcome of votes in the state. " Many Electors are saying that Governor John Kasich would be best for our country". Twenty-five states alone have a un...

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  • UN Security Council Set to Approve New N. Korea Sanctions
UN Security Council Set to Approve New N. Korea Sanctions

Samantha Power, the U.S. ambassador to the United Nations , said Wednesday that "the United States recognizes China in working closely with us". People need to eat food, not weapons. UN Secretary General Ban Ki-moon said the Security Council has taken "a strong action" by passing the toughest sanctions yet against North Korea. Fifteen votes, a...

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  • Man who shot ex-NFL player charged with manslaughter
Man who shot ex-NFL player charged with manslaughter

Clearly, Jefferson Parish Sheriff Newell Normand's investigators have determined that Ronald Gasser played some role in the incident as and instigator or escalator of the road rage conflict which concluded in McKnight's death. McKnight's grandmother, Barbara Lundy Franklin, did not want to talk about the arrest , except to say: "God is going to ...

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  • Hurricane Otto weakens to Category 1 storm
Hurricane Otto weakens to Category 1 storm

The storm came ashore as a 7.0-magnitude quake struck about 150 miles off the west coast of nearby El Salvador, shaking the ground across Nicaragua and Costa Rica. In Bluefields, Nicaragua - the nearest town of any size on the Nicaraguan coast - residents prepared to ride out the hurricane. Officials in Costa Rica said 5,500 people had been put u...

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  • Michigan bill would make Stein pay recount costs
Michigan bill would make Stein pay recount costs

Gordon had argued Stein had no chance of overturning the election results - Stein finished a distant fourth in MI to Republican President-elect Donald Trump - her concerns about votes not being counted properly were merely speculative and the recount would result in excessive costs for MI taxpayers.

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  • Syrian government: Aleppo truce must include rebel pullout
Syrian government: Aleppo truce must include rebel pullout

Foreign Minister Sergey Lavrov on Tuesday said a meeting on Aleppo set for Wednesday in Geneva has been canceled after the USA withdrew its proposals. During a stop Monday in Berlin, he said the two would meet Thursday in the German city of Hamburg, where they will attend a meeting of the Organization for Security and Cooperation in Europe.

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