Archive September 2016

Europe`s shadow bank sector needs closer scrutiny: Draghi

Europe`s shadow bank sector needs closer scrutiny: Draghi

Published 27/09/2016

European Central Bank (ECB) President Mario Draghi attends a news conference at the ECB headquarters in Frankfurt, Germany September 8, 2016. REUTERS/Ralph Orlowski

Financial services are shifting away from banks in the euro zone to the so-called 'shadow banking' sector, requiring fresh rules across a range of areas to mitigate risk, European Central Bank President Mario Draghi said on Thursday.

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Kremlin worried `terrorists` regrouping for attacks in Syria

Kremlin worried `terrorists` regrouping for attacks in Syria

Published 27/09/2016

The Kremlin said on Monday it was gravely concerned by the situation in Syria where "terrorists" were using a ceasefire to regroup their forces and wage offensives against government troops.

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Paris planning nudist park: deputy mayor

Paris planning nudist park: deputy mayor

Published 27/09/2016

Paris authorities plan to open a park for nudists in the French capital some time in the not too distant future.

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Blast kills three soldiers in Turkey`s mainly Kurdish southeast: sources

Blast kills three soldiers in Turkey`s mainly Kurdish southeast: sources

Published 27/09/2016

An explosion ripped through a bus carrying military personnel in Turkey's mainly Kurdish southeast on Monday, killing three soldiers and wounding eight, hospital and security sources said.

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Oman court jails journalists, closes down newspaper

Oman court jails journalists, closes down newspaper

Published 27/09/2016

A court in Oman on Monday ordered the permanent closure of a newspaper which had reported on alleged corruption within the judiciary, and jailed three of its journalists on charges that included undermining the prestige of the state.

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Turkey welcomes withdrawal of Syrian Kurdish fighters from Manbij: Deputy PM

Turkey welcomes withdrawal of Syrian Kurdish fighters from Manbij: Deputy PM

Published 27/09/2016

A significant portion of Kurdish YPG militia fighters who were in the northern Syrian town of Manbij are withdrawing to the east of the Euphrates river in a move welcomed by Turkey, Deputy Prime Minister Numan Kurtulmus told reporters on Monday.

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Air strikes pound rebel-held Aleppo districts

Air strikes pound rebel-held Aleppo districts

Published 27/09/2016

A man walks on the rubble of damaged buildings after an airstrike on the rebel held al-Qaterji neighbourhood of Aleppo, Syria September 25, 2016. REUTERS/Abdalrhman Ismail

Dozens of air strikes hit rebel-held areas of the northern Syrian city of Aleppo overnight, a monitor and defense worker said, continuing a fierce air campaign by Syrian government and allied forces since a ceasefire broke down almost a week ago.

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British police, with new clues, seek missing toddler on Greek island

British police, with new clues, seek missing toddler on Greek island

Published 27/09/2016

British police started excavations on a Greek island on Monday, saying they were armed with new leads into the disappearance of a British toddler there 25 years ago.

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Big South African union backs Ramaphosa as next president

Big South African union backs Ramaphosa as next president

Published 27/09/2016

South Africa's Deputy President Cyril Ramaphosa and President Jacob Zuma stand during the playing of the national anthem at the opening of Parliament in Cape Town, in this February 11, 2016 file photo. REUTERS/Mike Hutchings/Files

Deputy President Cyril Ramaphosa's chances of becoming the next leader of South Africa got a boost on Monday when a powerful mining union backed him to succeed President Jacob Zuma.

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Knives out for young pretender Macron in French presidential race

Knives out for young pretender Macron in French presidential race

Published 27/09/2016

Outgoing French Economy Minister Emmanuel Macron attends a news conference after his resignation, at Bercy Finance Ministry in Paris, France, August 30, 2016. REUTERS/Gonzalo Fuentes/File Photo

Inside the election war rooms of Paris, French politicians on both left and right are waking up to the threat Emmanuel Macron poses ahead of next year's presidential election and stepping up attacks on the fresh-faced former economy minister.

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