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In cat-and-mouse game, India uncovers new gold smuggling route | | By Krishna N Das and A. Ananthalakshmi NEW DELHI/SINGAPORE (Reuters) - India is scrambling to crack down on a new gold smuggling tactic that it fears could accelerate a flood of illegal imports of the precious metal into the world's second-biggest buyer. India -- whose appetite for gold is only rivalled by China -- last year imposed a record 10 percent import duty and made it mandatory to export a fifth of all bullion imports, seeking to curb bullion demand that has blown out the trade deficit. In the latest smuggling case, a gold exporting firm attempted to use a tax-free special economic zone to try to bypass restrictions and sell to the local market. The scam was uncovered after police stopped a car trying to take 25 gold bars, worth about $1 million, out of a tax-free special economic zone in Surat in June to sell to the domestic market, according to a government document seen by Reuters.
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U.S. judge orders Microsoft to submit customer's emails from abroad | | By Joseph Ax NEW YORK (Reuters) - Microsoft Corp must turn over a customer's emails stored in a data center in Ireland to the U.S. government, a U.S. judge ruled on Thursday in a case that has drawn concern from privacy groups and major technology companies. Microsoft and other U.S. companies had challenged a criminal search warrant for the emails, arguing federal prosecutors cannot seize customer information held in foreign countries. The judge said she would temporarily suspend her order from taking effect to allow Microsoft to appeal to the 2nd U.S. Circuit Court of Appeals.
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New Mexico woman accused of trying to pull off husband's penis | | By Joseph Kolb ALBUQUERQUE N.M. (Reuters) - A New Mexico housewife was arrested after she tried to pull her husband's penis off during a fight in front of their two young children, police said on Wednesday. Rebecca White, 30, was charged with aggravated assault on a household member and child abuse earlier this week, and she posted bond on Wednesday, the Albuquerque Police Department said. The complaint said Rodney White accused his wife of breaking a flat-screen television, punching him in the face, and grabbing a knife and meat fork and threatening to kill him. The complaint says Rebecca White then began choking her husband, and that in a fit of rage she grabbed his genitals through his clothes and began to twist, trying to pull his penis off. |
European court rules Russia must pay Yukos shareholders 1.9 bln euros | | By Megan Davies, Vladimir Soldatkin and Gilbert Reilhac MOSCOW/STRASBOURG (Reuters) - Europe's top human rights court awarded shareholders in Yukos 1.9 billion euros ($2.6 billion) in damages on Thursday, a new blow to Russia days after some of the former oil company's shareholders won $50 billion in The Hague. The Strasbourg-based court found that Russia had failed to "strike a fair balance" in its treatment of Yukos, once run by former oligarch turned Kremlin critic Mikhail Khodorkovsky, and had forced the company to pay excessive fees. Yukos, once worth $40 billion, was broken up and nationalised a decade ago, with most of its assets eventually handed to Rosneft, an energy giant run by an ally of President Vladimir Putin. Yukos had argued in the European Court of Human Rights that Russia had unlawfully seized it after imposing bogus taxes and via a sham auction.
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Thai junta gives security forces majority in interim legislature | | By Kaweewit Kaewjinda BANGKOK (Reuters) - Thailand's junta on Thursday named a majority of active and retired members of the security forces to an interim legislature of 200 people, as it seeks to keep tight control over the body it will task with enacting sweeping reforms. The armed forces took power on May 22 in a bloodless coup following six months of street demonstrations that contributed to the ousting of Prime Minister Yingluck Shinawatra. The junta had been widely expected to reserve both the majority of the interim legislature and the cabinet for the security forces to keep a tight grip on power during a transition back toward a civilian government. He is expected to award top portfolios to members of the junta, known as the National Council for Peace and Order (NCPO).
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Ukraine premier stays on, envoys agree on crash site route | | By Pavel Polityuk and Natalia Zinets KIEV (Reuters) - Ukraine's parliament rejected Prime Minister Arseny Yatseniuk's resignation on Thursday and finally passed legislation he said was needed to finance an army offensive against a separatist rebellion in the east and avert a national default on its debts. The assembly's about-turn on laws it refused to back a week earlier offers relief to Kiev's Western backers, who had feared Ukraine was sliding deeper into political chaos and might renege on an international bailout as it heads into an election period. The first is that Argentina has defaulted, and the second is that Ukraine has not defaulted and never will," Yatseniuk told the chamber, making clear he would stay in office. The political battle has been taking place against the backdrop of a military campaign to win back parts of the Donbass region, which borders Russia, from the pro-Moscow rebels.
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