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| Iraq PM vows to defeat IS in 2016 after army's first major victory | | | By Stephen Kalin and Maher Chmaytelli BAGHDAD (Reuters) - A triumphant Iraqi Prime Minister Haider al-Abadi declared on Monday that the coming year would see his forces defeat Islamic State, after his military achieved its first major victory since collapsing in the face of the fighters 18 months ago. Iraqi forces flew the national flag above the main government complex in Ramadi earlier in the day, declaring they had recaptured the city, a provincial capital west of Baghdad, which fell to Islamic State in May. "2016 will be the year of the big and final victory, when Daesh's presence in Iraq will be terminated," Abadi said in a speech broadcast on state television, using an Arabic acronym for Islamic State that the hardline group rejects. |
| Two KaloBios directors quit following Shkreli's indictment | | | By Nate Raymond NEW YORK (Reuters) - KaloBios Pharmaceuticals Inc said on Monday that two directors had resigned in the wake of the arrest of former CEO Martin Shkreli on securities fraud charges earlier this month. Tom Fernandez and Marek Biestek resigned from the KaloBios board on Sunday, the company said a regulatory filing. The departures came more than a week after the company fired Shkreli, who had also been CEO of Turing Pharmaceuticals Inc prior to his indictment. |
| Two Chinese citizens in insider trading settlement with U.S. regulator | | | By Nate Raymond NEW YORK (Reuters) - Two Chinese citizens including a former employee at private equity firm TPG Capital LP [TPG.UL] have agreed to pay $920,000 to resolve U.S. regulators' allegations they engaged in insider trading. The U.S. Securities and Exchange Commission announced the settlement on Monday with cousins and business associates Zhichen Zhou and Yannan Liu, whose assets were frozen after the regulator filed a lawsuit last month in Manhattan federal court. The SEC had alleged that Zhou, a web administrator for Chinese Web-based peer-to-peer lending platform Yooli.com, engaged in "highly suspicious" trading in the stocks of MedAssets Inc and Chindex International Inc. Both companies later announced private equity takeovers in deals where one of the bidders had been TPG, where Yooli.com Chief Executive Yannan Liu, Zhou's cousin, previously worked, the SEC said. |
| U.S. defence chief congratulates Iraq on progress in Ramadi fight | | | U.S. Defense Secretary Ash Carter on Monday congratulated the Iraqi government on its progress in retaking the city of Ramadi, after Iraqi forces declared earlier in the day that they had recaptured the city. Islamic State, also called ISIL or ISIS, seized Ramadi, a provincial capital west of Baghdad, in May, and its apparent recapture was a major milestone for the Iraqi army, which crumbled when Islamic State fighters charged into Iraq in June 2014. "The expulsion of ISIL by Iraqi security forces ... is a significant step forward in the campaign to defeat this barbaric group," Carter said in a statement. |
| White House - Obama updated on Iraqi forces' progress in Ramadi | | | U.S. President Barack Obama was updated on Monday on the progress made by Iraqi security forces over Islamic State militants in Ramadi, the White House said. "The continued progress of the Iraqi Security Forces in the fight to retake Ramadi is a testament to their courage and determination, and our shared commitment to push ISIL out of its safe-havens," the White House said in a statement, referring to Islamic State by an acronym. The United States and its coalition partners had supported the operation with more than 630 air strikes and training and equipment, a White House official said. |
| South Korea, Japan agree to irreversibly end 'comfort women' row | |  By Jack Kim and Ju-min Park SEOUL (Reuters) - South Korea and Japan reached a landmark agreement on Monday to resolve the issue of "comfort women", as those who were forced to work in Japan's wartime brothels were euphemistically known, an issue that has long plagued ties between the neighbours. The foreign ministers of the two countries said after a meeting in Seoul that the "comfort women" issue would be "finally and irreversibly resolved" if all conditions were met. South Korean President Park Geun-hye and Japanese Prime Minister Shinzo Abe pledged to take the opportunity to boost bilateral ties following the agreement, in which Japan made an apology and promised about one billion yen ($8.3 million) for a fund to help former "comfort women." The accord was welcomed by the United States, which has been keen for improved relations between its two major Asian allies in the face of an increasingly assertive China and an unpredictable North Korea.
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| At least 48 killed in bombings in north Nigeria | | | MAIDUGURI/YOLA, Nigeria (Reuters) - At least 48 people were killed in suicide attacks and bombings on Monday in two cities in northern Nigeria where the jihadist Boko Haram group is waging a six-year campaign to create an Islamic state, officials and residents said. The attacks came a day after the army fought Boko Haram militants west of Maiduguri, capital of Borno state and birthplace of their insurgency in the northeast of Africa's most populous country. The first blast on Monday took place at a mosque in a Maiduguri suburb where the army had exchanged fire on Sunday with suspected Boko Haram fighters who it said had tried to slip into the town to carry out suicide bombings. |
| White House welcomes Japan, Korea agreement on 'comfort women' | |  HONOLULU (Reuters) - The United States welcomes an agreement between Japan and South Korea on the treatment of "comfort women" during World War II and supports its implementation, U.S. national security adviser Susan Rice said on Monday. "We support this agreement and its full implementation, and believe this comprehensive resolution is an important gesture of healing and reconciliation that should be welcomed by the international community," Rice said in a statement issued by the White House. (Reporting by Jeff Mason; Editing by Susan Heavey)
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