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The British government Monday pledged to jail bankers found guilty of reckless misconduct, backing a recommendation contained in a report written by a panel of cross-party lawmakers. The Parliamentary Commission on Banking Standards, established by the coalition government after the Libor rate-rigging scandal last ...
Fifty-one people, mostly Mohamed Morsi loyalists, were killed Monday in Egypt while rallying in favor of the ousted president, as the new rulers announced fresh elections by early 2014 amid U.S. calls for restraint. Morsi’s Muslim Brotherhood, which has led demonstrations against Wednesday’s overthrow ...