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Month: August 2023

Regulator’s review of over 30 Swiss banks finds shortcomings in money-laundering controls

By JAMEY KEATEN Associated Press GENEVA (AP) — Switzerland’s financial markets authority says an in-depth review of more than 30 banks conducted this spring found that “a large number” failed to meet basic requirements for analyzing the risk of money laundering. The authority, known as FINMA, says the review was prompted by repeated signs of

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Reports: NATO-member Norway to donate F-16 fighter jets to Ukraine, becoming third country to do so

COPENHAGEN, Denmark (AP) — NATO-member Norway will reportedly donate F-16 fighter jets to Ukraine, whose forces are embroiled in a difficult counteroffensive against Russia. The reports come as Norwegian Prime Minister Jonas Gahr Støre visits Kyiv. There was no official confirmation of the plan, which was reported by Norwegian broadcasters NRK and TV2. Norway would

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Shohei Ohtani won’t pitch again this season after tearing UCL; hits MLB-leading home run in same game

By Thomas Schlachter, CNN (CNN) — Shohei Ohtani won’t pitch again in the 2023 MLB season after suffering a tear to the ulnar collateral ligament (UCL) in his right elbow, Los Angeles Angels general manager Perry Minasian confirmed. The 2021 American League MVP started the first game of the Angels’ doubleheader against the Cincinnati Reds

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Building collapse in in Nigeria’s capital leaves two people dead while many are feared trapped

By CHINEDU ASADU Associated Press ABUJA, Nigeria (AP) — Rescue crews are searching for survivors after a building collapse in Nigeria’s capital left two people dead while many others are feared trapped. At least 37 people have been pulled alive from the rubble as crews continue rescue efforts Thursday. The building in the densely populated

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