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After primary win, U.S. Senate Banking chair may move some nominees | Thursday, March 03, 2016 12:06 AM | |
| By David Lawder WASHINGTON (Reuters) - Senate Banking Committee Chairman Richard Shelby, fresh off his primary victory in Alabama, signalled on Wednesday that he may soon end his moratorium on some of the 16 Obama administration financial nominees awaiting panel confirmation. The stalled nominees include those for two Federal Reserve Board governors, two Securities and Exchange commissioners, a U.S. Export-Import Bank board member needed to approve large financing deals and the U.S. Treasury's top anti-terrorist finance official. Banking Committee Democrats and some policy analysts had speculated that Shelby, 81, might be more willing to break the logjam once he defeated a 33-year-old Tea Party-backed primary challenger who had tried to make an issue of his age and long tenure in Washington.
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Volkswagen says did not breach market disclosure rules | | By Christoph Steitz and Andreas Cremer FRANKFURT/BERLIN (Reuters) - Volkswagen said on Wednesday its top management did not violate market disclosure rules and is taking legal action to fend off lawsuits claiming it had been too slow to inform investors about its rigging of diesel emissions tests. Volkswagen (VW) is mounting its defences in anticipation of a report next month by U.S. law firm Jones Day appointed by the carmaker to investigate those responsible for the biggest corporate scandal in its history. Investors have lodged dozens of lawsuits at the German regional court in Brunswick, claiming that VW failed to disclose its rigging of emissions tests until about three weeks after it had admitted its wrongdoing to U.S. authorities on Sept. 3.
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Carson fades, U.S. Republicans grapple with Trump victories | | Retired neurosurgeon Ben Carson signalled on Wednesday he was quitting the Republican presidential race, leaving three candidates facing Donald Trump as the party establishment struggled to find a way to halt the outspoken businessman. Carson, a conservative who briefly led opinion polls among Republicans earlier in the campaign, said he did not "see a political path forward" after performing poorly in this week's Super Tuesday contests. As a conservative black Republican, Carson, 64, stood out in the mostly white Republican Party, and his fast start in polls and fundraising last year briefly made him look like a contender.
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Vatican cardinal denies attempts to cover up child sex abuse in church | | By Philip Pullella and Jane Wardell ROME/SYDNEY (Reuters) - A high-ranking Vatican official on Wednesday denied trying to bribe an Australian man who was sexually abused as a child by a Roman Catholic priest to ensure his silence in a bid to protect the church. Cardinal George Pell, the Vatican's treasurer, was giving evidence via video link from Rome for the fourth consecutive day to Australia's Royal Commission into Institutional Response to Child Sexual Abuse. Given Pell's high rank within the church, his grilling over cases involving hundreds of children that occurred decades ago in Australia has taken on wider implications about the accountability of church leaders.
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U.S. launches probe of alleged civil rights violations at Boston school | | Federal prosecutors in Massachusetts on Thursday launched a civil rights investigation into the elite Boston Latin School after black students charged that its administration ignored incidents of racism on campus. Eight civil rights organizations including the American Civil Liberties Union of Massachusetts and the Boston branch of the NAACP last week called on U.S. Attorney Carmen Ortiz to open a probe into the alleged instances of racism. "We will conduct a thorough investigation into the recent complaints about racism at BLS and will go where the facts lead us," Ortiz said on Thursday.
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Pennsylvania priest gets 16 years in prison for child sex abuse | | (Reuters) - A Pennsylvania Roman Catholic priest was sentenced on Wednesday to more than 16 years in prison for sexually abusing boys living in shelters for at-risk children in Honduras, a federal prosecutor said. After an eight-day trial, a federal jury convicted Maurizio in September of engaging in illicit sexual conduct in foreign places, possession of child pornography and international money laundering, U.S. Attorney David Hickton said in a news release. Prosecutors said Maurizio created a charity that became the biggest donor to Pro Nino, a non-profit organization that provided shelter to poor and abandoned children living near San Pedro Sula, Honduras. During more than a dozen missionary trips to Honduras between 2004 and 2009, Maurizio sexually abused two boys living in the shelters, Hickton said. |
Canada marijuana firms say illegal rivals costing them customers | | By Leah Schnurr OTTAWA (Reuters) - Canada's medical marijuana growers say a jump in the number of illegal marijuana dispensaries as the federal government decides how to regulate the drug is costing them customers. Prime Minister Justin Trudeau promised during last year's election campaign that his Liberals would legalize recreational marijuana, following Washington and Colorado in the United States. While there are no official figures, industry experts say the pledge has encouraged illegal store fronts that compete with licensed producers to provide marijuana to Canadians with a medical prescription. |
Italian mafia earnings from drugs rival Fiat with cars | | Italian mobsters make as much money trafficking narcotics in Italy as Fiat does selling cars, but without having to pay taxes, the anti-mafia prosecutors office said on Wednesday. Citing estimates by the United Nations Office on Narcotics and Crime, anti-mafia prosecutors said that the narcotics trade earns more than 32 billion euros ($34.70 billion) annually for organised crime, which controls Italy's drug trade. "It's as if the main national carmaker together with its suppliers, service providers and dealerships paid all their salaries and suppliers, and produced everything completely off the books and without any regulation, and then sold and reinvested everything without paying any taxes," the annual report by the anti-mafia prosecutor's office said.
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Key justice Kennedy wavers as U.S. top court confronts abortion | | By Lawrence Hurley WASHINGTON (Reuters) - A closely divided U.S. Supreme Court struggled with its biggest abortion case in years on Wednesday, with pivotal Justice Anthony Kennedy voicing concerns about a restrictive Texas law yet stopping short of signalling he would strike it down. The court's four liberal justices indicated they believed the law, which imposes strict regulations on abortion doctors and clinic buildings, intrudes on a woman's constitutional right to end a pregnancy established in a 1973 ruling. Conservative justices including Kennedy expressed doubt during the 85-minute oral argument about claims by abortion providers who asserted that the Republican-backed 2013 law forced numerous clinics to shut down.
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Rights group decries 'crisis of violence and impunity' in Mexico | | Too many crimes, including torture, disappearances and killings, go uninvestigated in Mexico, which is suffering a "serious crisis of violence and impunity," the Inter-American Human Rights Commission (IACHR) said on Wednesday. In a new report, the IACHR highlighted repeated failures to get to the bottom of some 27,000 disappearances registered in Mexico as of 2015, as well abuses of power by police and the armed forces in the fight against the country's drug gangs. The report, which also acknowledged that Mexico has made progress on judicial reforms, followed a government announcement this week about the deaths of five young Mexicans targeted by suspected gang henchmen.
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U.S. warns China on militarization of South China Sea | | By Andrea Shalal SAN FRANCISCO (Reuters) - U.S. Defense Secretary Ash Carter on Tuesday warned China against "aggressive" actions in the South China Sea region, including the placement of surface-to-air missiles on a disputed island. "China must not pursue militarization in the South China Sea," Carter said in a wide-ranging speech at the Commonwealth Club in San Francisco. "Specific actions will have specific consequences." Asked what the consequences could be, Carter told reporters the U.S. military was already increasing deployments to the Asia-Pacific region and would spend $425 million through 2020 to pay for more exercises and training with countries in the region that were unnerved by China's actions. |
Spanish Socialists defeated in first vote on coalition plan | | By Sarah White and Blanca RodrÃguez MADRID (Reuters) - A coalition plan by Spanish Socialist leader Pedro Sanchez stumbled at the first hurdle on Wednesday as rivals on the left and right voted against it in parliament and set in motion a two-month countdown to avoid another election. Spain has made little headway in resolving a political deadlock since a fragmented election result in December, when voters turned in their millions to anti-austerity Podemos ('We Can') and newcomer liberal party Ciudadanos ('Citizens'). All parties fell well short of an absolute majority in parliament and their jockeying for power has yet to yield a coalition with enough seats to get over the line.
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Republican leaders condemn bigotry, but won't talk about Trump | | By Susan Cornwell WASHINGTON (Reuters) - Republican leaders in the U.S. Congress condemned white supremacist groups on Tuesday after their party's front-runner in the presidential contest, Donald Trump, failed to disavow support for an ex-Ku Klux Klan leader, but the leaders declined further comment on Trump's controversial White House bid. The comments from the two top Republicans in the U.S. Congress, House of Representatives Speaker Paul Ryan and Senate Majority Leader Mitch McConnell, came as many of the party's lawmakers struggle to come to terms with the growing possibility that Trump will be their nominee.
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Ex-Guatemalan soccer chief pleads not guilty to U.S. bribery charges | | By Nate Raymond NEW YORK (Reuters) - A former president of Guatemala's soccer federation pleaded not guilty on Wednesday to charges that he participated in bribery schemes at the heart of a corruption investigation into world soccer's governing body, FIFA. Brayan Jimenez, the former president, entered his plea through his lawyer in federal court in Brooklyn to racketeering conspiracy and wire fraud charges, a day after being extradited from Guatemala. U.S. Magistrate Judge Ramon Reyes set bond at $1.5 million, and directed that Jimenez, 61, be confined at a friend's home in New Jersey.
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How the Republican elite turned a blind eye to the rise and rise of Donald Trump | | By Emily Flitter and Luciana Lopez WASHINGTON (Reuters) - One evening last June, some of the Republican Party's wealthiest donors gathered for a cocktail party at an exclusive resort in Deer Valley, Utah, during a three-day retreat hosted by former Massachusetts Governor Mitt Romney. They had just heard from six presidential hopefuls. Tom Duncan, the CEO of tool-maker Positec Tool Corp, chatted with a few attendees about a fantasy ticket to secure the White House in November 2016: Wisconsin Governor Scott Walker, with Senator Marco Rubio of Florida as his running mate. Duncan, for his part, liked Ohio Governor John Kasich, but also had his eye on former Hewlett-Packard CEO Carly Fiorina.
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Nearly 2,000 legal cases opened for insulting Turkey's Erdogan | | Turkish prosecutors have opened nearly 2,000 cases against people for insulting Tayyip Erdogan since he became Turkey's president 18 months ago, the justice minister said on Wednesday. Insulting the president is a crime in Turkey punishable by up to four years in jail, but the law has previously been invoked only rarely. Critics accuse Erdogan of intolerance and say he is using the law to stifle dissent.
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Egypt hands over some evidence about student's murder to Italy | | By Steve Scherer and Massimiliano Di Giorgio ROME (Reuters) - Egyptian authorities have given Italian investigators some evidence they had been seeking for weeks regarding the murder of an Italian graduate student in Cairo, the Foreign Ministry said on Wednesday. The move came just hours after an Italian judicial source told Reuters that Italy was considering recalling its seven-member legal team in Cairo because of a lack of cooperation from their Egyptian counterparts. Giulio Regeni, 28, disappeared in January and his tortured, battered body was found in a ditch on the outskirts of Cairo on Feb. 3.
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