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| Deutsche CEO predicts cash will be gone in a decade | |  Cash won't be around in a decade, the chief executive of one of Europe's biggest banks predicted on Wednesday. There is no need for it, it is terribly inefficient and expensive," John Cryan, chief executive of Deutsche Bank, said during a discussion on financial technology, known as "fintech". Other predictions made during the panel discussion at the World Economic Forum in Davos included James Gorman, chief executive of Morgan Stanley, who warned against "hysteria" surrounding fintech.
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| Israel arrests two Jewish teens for Jerusalem monastery vandalism | |  Israel has arrested two Jewish youths for anti-Christian graffiti scrawled on a Jerusalem monastery, police said on Wednesday, after Prime Minister Benjamin Netanyahu ordered an investigation into the latest in a wave of hate crimes. The 16- and 15-year-old males were suspected of involvement in Hebrew curses like "Christians go to hell" that were written in felt-tip pen on the doors and walls of the Dormition Abbey in Jerusalem's Old City over the weekend, police said. The Benedictine monastery bills itself as a bastion of inter-faith understanding.
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| Kazakh leader calls snap parliamentary poll amid growing economic woes | |  By Olzhas Auyezov ALMATY (Reuters) - Veteran Kazakh leader Nursultan Nazarbayev called a snap parliamentary election on Wednesday in an attempt to strengthen his grip on power amid mounting economic hardships caused by the crash in global oil prices. Nazarbayev, who has led the large, energy-rich Central Asian state since 1989, brooks little dissent and has no opponents in the 107-seat lower house of parliament, but the president sees risks of greater public discontent as the economy slows sharply. "The most important thing in this complicated situation is for all of us to realise that we must live within our means, preserve resources and save jobs," he said, adding that Kazakhs had to learn to live with lower commodity prices.
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| Turkish teacher to serve year in prison for insulting President Erdogan | |  A Turkish court on Wednesday sentenced a female teacher to almost a year in prison for making a rude gesture at President Tayyip Erdogan at a political rally in 2014, local media reports said on Wednesday. Insulting public officials is a crime in Turkey, and Erdogan, the country's most popular but most divisive politician, is seen by his critics as intolerant of dissent and quick to take legal action over perceived slurs. After a rally in the Aegean city of Izmir in 2014 when he was prime minister, Erdogan lashed out at the female teacher and said she made a gesture at him that typified the rudeness of the main opposition Republican People's Party (CHP).
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| In Norway, asylum seekers take workshops on sexual violence | | | By Gwladys Fouche NAERBOE, Norway (Reuters) - A workshop that seeks to educate asylum-seekers in Norway about Western attitudes to sex and sexual assault will appeal to European neighbours struggling to cope with a wave of refugees, but not everyone who attends the course is a fan. Sitting with his arms crossed in a classroom with 21 other male Syrian asylum seekers, Issam Alhlabi is wondering why he has been compelled to attend. "Syria is like Norway ... In every country you have backward people with low education." The ultimate aim of the course is to discuss - and discourage - rape in the context of a Scandinavian society that is more sexually liberal than back home. |
| N.Y. foundation CEO to plead guilty in U.N. bribery case: source | | | By Nate Raymond NEW YORK (Reuters) - The head of a New York-based foundation accused of participating in a scheme to bribe a former United Nations General Assembly president is expected to plead guilty on Wednesday, a person familiar with the matter said. Sheri Yan, who was Global Sustainability Foundation's chief executive, would become the second defendant to plead guilty in connection with an alleged conspiracy to bribe John Ashe, the former General Assembly president, the person said. The expected plea by Yan, 57, comes less than a week after the former finance director at the foundation, Heidi Hong Piao, pleaded guilty and agreed to cooperate with authorities in their continuing investigation. |
| Al Qaeda attack dents Burkina Faso's hopes of recovery | |  By Matthew Mpoke Bigg OUAGADOUGOU (Reuters) - When Burkina Faso swore in its first new president in decades last month, many people hoped the democratic transition would pave the way to an era of progress. Now a deadly raid by al Qaeda militants has shaken that optimism. Thirty people were killed when gunmen struck a restaurant and hotel in the capital Ouagadougou on Friday, exposing a days-old government to a critical security challenge that risks derailing its pledge to transform the economy of one of the poorest nations on earth.
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| Egypt: who's afraid of January 25? | |  By Ahmed Aboulenein CAIRO (Reuters) - Egyptian activists Ali al-Khouly and Mohamed Ali had just sat down at a Cairo coffeeshop when plainclothes officers grabbed them and hauled them off to a police station. As the fifth anniversary of Jan. 25 protests that ended Hosni Mubarak's 30-year rule approaches, the toughest security crackdown in Egypt's history is a clear sign that authorities are worried. "I honestly have no idea why I was taken or why I was released but there is no justification for this horror." With thousands of government opponents behind bars, the likelihood of massive protests is slim.
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| Mexican actress who met 'El Chapo' to testify in L.A. - father | |  Actress Kate del Castillo, at the center of a Mexican probe into money laundering after she helped Hollywood star Sean Penn conduct an interview with drug lord Joaquin "El Chapo" Guzman, will give evidence in Los Angeles, according to her father. Mexican Attorney General Arely Gomez said in an interview in the newspaper El Universal on Tuesday that there were "indications" the Mexican actress may have used money from Guzman to help finance her tequila business. "She wants to cooperate because she has nothing to hide," local newspaper Reforma quoted her father, Eric del Castillo, as saying in its Wednesday edition.
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| Militant who claimed responsibility for Pathankot attack warns Pakistan against crackdown | |  By Abu Arqam Naqash MUZAFFARABAD, Pakistan (Reuters) - The Pakistan-based chief of a militant alliance fighting for an end to Indian rule in divided Kashmir openly condemned on Wednesday a crackdown by the Pakistan government against another group India blames for an attack on an air base. Syed Salahuddin, the chairman of the United Jihad Council (UJC), an alliance of pro-Pakistan militant groups based in the Pakistani-administered part of the divided Kashmir region, had claimed responsibility for the assault in Pathankot on Jan. 2. The claim of responsibility was met with a sceptical response among India's security establishment, which blames another group called Jaish-e-Mohammed.
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| Limiting German refugee intake not unethical, president says | |  Germany cannot take in all the asylum seekers who want to begin a new life there and it is not unethical of Berlin to limit the influx, President Joachim Gauck said on Wednesday, pressing other European countries to share the burden. Germany has borne the brunt of Europe's biggest refugee crisis since World War Two, with more than one million asylum seekers arriving in the country last year, most fleeing war and poverty in Syria, Afghanistan and Iraq. Many German local authorities say they are struggling to cope with the influx and pressure is mounting on Chancellor Angela Merkel to reverse her open-door policy and even close the country's borders to new arrivals.
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| Militants storm Pakistan university, kill at least 20 | |  By Jibran Ahmad and Mehreen Zahra-Malik CHARSADDA, Pakistan/ISLAMABAD (Reuters) - Armed militants stormed a university in volatile northwestern Pakistan on Wednesday, killing at least 20 people and wounding dozens a little more than a year after the massacre of 134 students at a school in the area, officials said. A senior Pakistani Taliban commander claimed responsibility for the assault in Khyber Pakhtunkhwa province, but an official spokesman later denied involvement, calling the attack "un-Islamic". The violence nevertheless shows that militants retain the ability to launch attacks, despite a country-wide anti-terrorism crackdown and a military campaign against their strongholds along the lawless border with Afghanistan.
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| Insight: Smuggling soars as Venezuela's economy sinks | | | By Girish Gupta BOCA DEL GRITA, Venezuela (Reuters) - Clutching egg cartons on his shoulder, a young man wades precariously through a muddy river on Venezuela's western jungle border where a Colombian shopkeeper will happily buy them up. On a peninsula jutting into the Caribbean, a fisherman sails under the cover of darkness to the nearby island of Aruba carrying everything from fish to flour. Driven by a deepening economic crisis, smuggling across Venezuela's land and maritime borders - as well as illicit domestic trading - has accelerated to unprecedented levels and is transforming society. |
| Lionel Messi tax fraud trial to begin May 31 | |  Lionel Messi's tax fraud case will be heard by a Barcelona court from May 31 through to June 3, according to statement on Wednesday. World Player of the Year Messi and his father Jorge are accused of defrauding the Spanish state of 4.2 million euros ($4.6 million) in tax between 2007 and 2009 and a Spanish court ordered that they stand trial last October. Barcelona forward Messi and his father have already paid five million euros to the tax authorities as a "corrective" measure after they were formally charged in June 2013.
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| Three Mali gendarmes killed in armed raid in central Mali | | | By Tiemoko Diallo and Adama Diarra BAMAKO (Reuters) - Gunmen killed three gendarmes in an overnight ambush near a town in central Mali, the defence ministry said on Wednesday, confirming the latest in a growing wave of attacks that risk spilling over into Mali's West African neighbours. The identities of the assailants in the central Mali attack were not immediately known. Mali's army and a 10,000-strong U.N. peacekeeping force (MINUSMA) are frequently targeted in attack by militants. |
| German FA backs Infantino for FIFA presidency | |  The German Football Association said on Wednesday it was backing FIFA presidential candidate Gianni Infantino in his bid to lead global football out of its current crisis. The Swiss general secretary of European soccer body UEFA is one of five candidates for the Feb. 26 election, taking place amid the worst crisis in FIFA's history. There is no clear favourite, but Infantino would have a head start if he were to capture the majority of the 53 European votes.
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| Rapper Mos Def due in court for trying to leave South Africa on "World Passport" | | | Yasiin Bey, the American rapper formerly known as Mos Def, has been charged with violating South Africa's immigration laws after he was arrested last week trying to leave the country on an unrecognised travel document. Bey, who is free on bail, will appear in court on March 8, officials said on Wednesday. The entertainer was arrested on Thursday in Cape Town when he produced a "World Passport" to get on a flight to Ethiopia. |
| Singapore says arrests 27 Bangladeshi Islamists, deports 26 | |  Singapore, a wealthy multi-ethnic city state, arrested 27 Bangladeshi construction workers who supported Islamist groups including al Qaeda and Islamic State and deported 26 of them, the government said on Wednesday. Twenty-six were deported, while the last one was jailed for attempting to leave Singapore illegally after hearing of the arrest of the others, the home ministry said. Twelve of the 26 have since been jailed in Bangladesh on "terror charges", Bangladeshi police said.
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| Russia's anti-doping agency resumes work "with some responsibilities" - TASS | |  Russian Sports Minister Vitaly Mutko said on Wednesday the Russian Anti-Doping Agency (RUSADA) had been reinstated with some responsibilities, TASS news agency reported. "RUSADA is resuming its work," TASS quoted Mutko as saying.
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| Obama faces immigration hurdles even if he wins at high court | |  By Lawrence Hurley WASHINGTON (Reuters) - If the U.S. Supreme Court endorses a key immigration initiative of President Barack Obama protecting more than 4 million illegal immigrants from deportation, his administration could face a surge of applicants and little time to process them before he leaves office in January 2017. Obama announced the action in November 2014 but it has never gone into effect, being put on hold by a federal judge in Texas in February 2015. The plan was designed to help illegal immigrant parents of children who are U.S. citizens or lawful permanent residents.
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| Islamic State says two assailants in Paris attacks are from Iraq | |  The Islamic State group published pictures of nine militants it says carried out November 13 attacks that killed 130 people in Paris including two, identified as Iraqis, who were previously unknown, according to the SITE monitoring organisation. The two assailants so far unknown were identified in the group's online magazine "Dabiq" by aliases "Ukashah al Iraqi" and "Ali al Iraqi", meaning "Ukashah the Iraqi" and "Ali the Iraqi" in Arabic.
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