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Month: January 2024

Catalan separatists reject amnesty bill, highlighting the fragility of Spain’s minority government

By CIARÁN GILES Associated Press MADRID (AP) — Catalan separatist lawmakers have dealt Spain’s government a blow by voting against a hugely divisive amnesty law that was aimed at helping hundreds of their supporters involved in Catalonia’s unsuccessful 2017 independence bid. The most radical separatists, who want to ensure that their fugitive leader Carles Puigdemont

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Order to liquidate property giant China Evergrande is just one step in fixing China’s debt crisis

By ELAINE KURTENBACH and ZEN SOO AP Business Writers BANGKOK (AP) — A Hong Kong court’s order to liquidate the world’s most heavily indebted real estate developer is only a tentative step toward resolving a debt crisis that is haunting financial markets and dragging on the Chinese economy. China Evergrande owes about $340 billion to

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UK fines HSBC bank for not going far enough to protect deposits in case it collapsed

LONDON (AP) — UK regulators say HSBC has been fined $72.8 million for failing to adequately protect customer deposits in the event the bank collapsed. The Prudential Regulation Authority said Tuesday that two units of London-based HSBC Holdings Plc violated rules designed to ensure regulators have the information they need to protect depositors when banks

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Millions urgently need food in Ethiopia’s Tigray region despite the resumption of aid deliveries

By RODNEY MUHUMUZA Associated Press KAMPALA, Uganda (AP) — Only a small fraction of millions of needy people in Ethiopia’s northern Tigray region are receiving food aid, according to an aid memo seen by The Associated Press. That’s more than one month after aid agencies resumed deliveries of grain following a lengthy pause over massive

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