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Britain says will nominate Lagarde for second term as IMF boss |
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British finance minister George Osborne said on Thursday he will nominate Christine Lagarde for a second term as managing director of the International Monetary Fund. "At a time when the world faces what I've called a dangerous cocktail of risks, I believe Christine has the vision, energy and acumen to help steer the global economy through the years ahead," Osborne said in a statement. Lagarde has no obvious challengers and has said she is open to serving another term.
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Indonesia's porous border triggers alarm bells in fight against militants |
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By Kanupriya Kapoor and Randy Fabi JAKARTA (Reuters) - The ease with which three separate groups of ethnic Uighur militants sneaked into Indonesia is ringing alarm bells for security forces, who are on high alert for a far deadlier attack than last week's assault on Jakarta. At least 10 Uighurs, who hail from China, arrived in the world's most populous Muslim nation over the last 18 months to join Islamist radicals, exposing an extensive support network ready to welcome wannabe jihadis. Police fear the same network could assist in the return of battle-hardened Indonesian Islamic State fighters from Syria, who could then launch more calculated attacks, similar to that which hit Paris last November.
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Insight - On U.S. end of Iran prisoner deal, doubts and delays in final hours |
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By Yeganeh Torbati, Joel Schectman and Matt Spetalnick HOUSTON/WASHINGTON (Reuters) - When FBI agents arrested Bahram Mechanic in April last year, prosecutors described the Houston-based Iranian-American entrepreneur as an illegal purchasing agent for Iran's military and a threat to national security. When the 69-year-old walked out of a Houston detention center on Sunday before dawn, it was with a pardon from President Barack Obama that was negotiated secretly with Iran over months in exchange for the release of four Americans. The reversal of fortune for Mechanic and six other Iranian men who received clemency in a deal accompanying the lifting of international sanctions on Iran underscores how quickly assumptions about U.S. relations with Tehran have shifted.
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As mobile fuels sports betting boom, corruption concerns mount |
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By Matt Siegel and Colin Packham SYDNEY (Reuters) - The rise of mobile betting is transforming global sports wagering faster than regulators can react, flooding the industry with cash and potentially contributing to corruption scandals like the one roiling world tennis, experts and insiders say. The ubiquity of mobile phones and tablets has helped transform bookmakers from operators of dingy, smoke-filled betting shops into multi-billion dollar de facto tech firms, pouring resources into developing apps and complex algorithms and marketing to younger and broader demographics. "Technology is everything." The greatest danger for mobile gambling to intersect with corruption lies in the ease of fixing a one-on-one sport like tennis, darts or snooker, according to experts and professional gamblers.
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