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Insider traders in U.S. face longer prison terms, Reuters analysis shows | | The rise is at least partly driven by the bigger profits being earned through the illegal schemes, defense lawyers said. The trend is likely to continue on Monday when former SAC Capital Advisors manager Mathew Martoma is sentenced for what prosecutors have called the most lucrative insider trading case ever brought. In the five-year period ending December 2013, insider trading defendants received an average sentence of 17.3 months, up from 13.1 months during the previous five years, or a 31.8 percent increase, the analysis of 207 insider trading sentences shows. Cases that were reversed on appeal were excluded from the study. The number of cases has increased, with 57 percent of the sentences imposed in the past five years.
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London's Luton Airport terminal evacuated after suspicious item found | | The terminal building at Britain's Luton Airport, north of London, has been evacuated after a suspicious item was found, the police and airport said on Monday. "London Luton Airport has evacuated the terminal building after a suspicious item was found in the security search area. The decision has been taken with the police to ensure the safety and security of passengers and staff," Luton Airport said on their website. Bedfordshire Police said that they had cleared the departure lounge at Luton, the country's sixth biggest airport which primarily serves holiday destinations. |
Three Italian nuns murdered in Burundi - officials | | Three Italian nuns were found murdered over the weekend in a parish in the north of Burundi's capital, officials and a priest in the African state said on Monday, in killings the Vatican said had "greatly saddened" Pope Francis. Father Mario Pulicini, responsible for the parish in a northern suburb of Bujumbura, named two of the nuns as Lucia Pulici, who was 75 and due to celebrate her birthday on Monday, and Olga Raschietti, 82. The third nun, 79-year-old Bernadetta Boggian, was found early on Monday morning, he told Reuters, adding that the killings appeared to have happened at two separate times. "Pope Francis has learned with great sadness of the murder of three nuns," Vatican Secretary of State Cardinal Pietro Parolin said in a telegram sent on the pope's behalf. |
New U.N. rights boss warns of "house of blood" in Iraq, Syria | | By Stephanie Nebehay GENEVA (Reuters) - The new U.N. human rights chief urged world powers on Monday to protect women and minorities targeted by Islamic State militants in Iraq and Syria, saying the fighters were trying to create a "house of blood". Jordan's Zeid Ra'ad al Hussein, the first Muslim to hold the position, called for the international community to focus on ending the "increasingly conjoined" conflict in the two countries, and abuses in other hotspots from Ukraine to Gaza. Islamic State's Sunni Muslim fighters have over-run large parts of Syria and Iraq since June, declaring a cross-border caliphate.
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Pope accepts resignation of head of scandal-plagued Irish church | | Pope Francis has accepted the resignation of the head of the Roman Catholic Church in Ireland, the Vatican said on Monday, drawing a line under a career plagued by accusations that he kept quiet about the sexual abuse of children by clergy. Cardinal Sean Brady announced his plan to retire in August, just before he turned 75, at which age all bishops must offer their resignation to the pontiff, who can reject or accept it. Brady became embroiled in a child sex abuse scandal which has rocked the Church in Ireland when a BBC television documentary aired in 2012 said he had failed to warn parents their children were being sexually abused by a priest in 1975. The Vatican said Brady would be succeeded by Monsignor Eamonn Martin, 52, who was appointed last year as "coadjutor" archbishop of Armagh, an important diocese in Northern Ireland whose archbishop has the title "Primate of All Ireland".
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Subrata Roy given 15 more days to sell hotels from prison | | Subrata Roy, the jailed chief of Sahara conglomerate, has won 15 days more from the Supreme Court to use his makeshift office in prison to negotiate the sale of his group's trophy overseas hotels and raise $1.7 billion in bail money. Roy has been personally negotiating the sale of the hotels, including Grosvenor House in London and the Plaza in New York since Aug. 5, when he was allowed to use office facilities in the Tihar prison complex. "No one can be more anxious than my client," S. Ganesh, a lawyer representing Sahara, told India's Supreme Court on Monday, a day before the end of the previous extension granted for Roy to use the office.
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Peacekeepers in Somalia use aid to rape women and buy sex for $5 - HRW | | By Katy Migiro NAIROBI (Thomson Reuters Foundation) - African Union (AU) peacekeepers in Somalia rape women seeking medicine on their bases and routinely pay teenage girls for sex, Human Rights Watch (HRW) said on Monday. HRW documented 10 incidents of rape and sexual assault, including the rape of a 12-year-old girl, by African Union Mission in Somalia (AMISOM) troops in 2013 and 2014. The rights group said most of the incidents took place on AMISOM bases in the Somali capital, Mogadishu, where women come for medical care and to beg for food. "Where this case is particularly shocking is the direct use of humanitarian assistance to lure these women in," said Laetitia Bader, one of the report's authors. |
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