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Japan mulls $13 billion Fukushima bailout -source

TOKYO (Reuters) – The Japanese government may inject about $13 billion into Tokyo Electric Power Co as early as next summer in a de facto nationalization of the operator of the crippled Fukushima nuclear power plant, sources said on Thursday. Tepco’s future as an independent firm has been in doubt…

Putin says U.S. stoked Russian protests

MOSCOW (Reuters) – Prime Minister Vladimir Putin accused the United States on Thursday of stirring up protests against his 12-year rule and said foreign countries were spending hundreds of millions of dollars to influence Russian elections. In his first public remarks about daily demonstrations over allegations that Sunday’s election was…

Package sent to Deutsche Bank CEO was bomb

FRANKFURT (Reuters) – A suspicious envelope sent to Deutsche Bank Chief Executive Josef Ackermann was a letter bomb capable of exploding, investigators said on Thursday. No one has so far claimed responsibility for the package, which was intercepted late on Wednesday. It raised fears that a wave of protest against…

Thai court jails U.S. citizen for royal insult

A court in Thailand on Thursday jailed a Thai-born American for two-and-a-half years for defaming the monarchy — a sentence that the United States criticised as “severe”. The conviction of Joe Wichai Commart Gordon — who appeared in court in shackles — is the latest in a series of cases…

Defiant Russia opposition vows mass protest

Russia’s opposition on Thursday defiantly vowed to stage a mass protest in Moscow at the weekend contesting the results of elections, despite warnings from the authorities to scale down the event. Around 1,000 people have been arrested in three days of demonstrations protesting what they say was mass fraud in…

Banks urged to rein in excessive bonuses

LONDON — Banks, including those bailed out at the height of the 2008 financial crisis, are under intense pressure to curb annual bonuses in light of the worsening economic climate. The so-called bonus season for workers in the City traditionally sees traders and banks’ senior executives handed bumper pay awards…

U.S. calls for Internet freedom amid India plan

WASHINGTON — The United States called for freedom of expression on the Internet after the India said it planned to find ways to ban offensive content before it is posted. India vowed to pursue the restrictions after major Internet firms such as Facebook and Google — nearly all of them…

Kadhafi family tried to escape to Mexico: official

MEXICO CITY — Mexican authorities said Wednesday they foiled an audacious bid by one of toppled Libyan dictator Moamer Kadhafi’s sons to illegally smuggle himself and family into the country as the regime cracked. Government Secretary Alejandro Poire said intelligence officials uncovered an elaborate plan, at the height of pro-democracy…

Ecologists fume as Brazil Senate OKs forestry reform

BRASILIA — The Brazilian Senate has passed a forestry reform bill which is backed by the country’s powerful agribusiness sector but opposed by environmentalists who see it as a threat to preservation of the Amazon. The legislation, which received 59 votes in favor and seven against in an overnight vote,…

UK’s top court to make Assange ruling by Christmas

LONDON — The Supreme Court will decide by December 25 whether to hear an appeal by WikiLeaks founder Julian Assange against his extradition to Sweden, a court spokeswoman said Wednesday. On Monday judges at the High Court in London said that his fight against deportation to face rape allegations in…

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