Ex-IMF boss Rato on trial over bankers' luxury sprees
Former IMF chief Rodrigo Rato went on trial Monday accused of overseeing a "corrupt system" that helped him and other executives misuse funds when he was the boss of two of Spain's top banks. Protesters shouted "thief" and "fraud" at the former economy minister and deputy prime minister as he arrived at the courthouse outside Madrid. Rato is standing trial with 64 other former executives and board members at Caja Madrid and Bankia, whose near-collapse sparked an EU bailout of Spain's financial sector.
Kremlin worried 'terrorists' regrouping for attacks in SyriaMOSCOW (Reuters) - 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. Kremlin spokesman Dmitry Peskov told a conference call with reporters that tough rhetoric used by British and U.S. envoys to the United Nations may damage the possibility of solving the Syria crisis and hurt bilateral relations with Russia. Russia still hopes for a political process in Syria and is not losing hope and political will, he said. (Reporting by Dmitry Solovyov)
Rights group wants settlement soccer clubs to relocate inside Israel
By Ori Lewis JERUSALEM (Reuters) - A human rights group urged soccer's governing body, FIFA, on Monday to move matches being played by Israeli teams in the occupied West Bank to Israel, saying that playing in Jewish settlements meant they were playing on stolen land. The six clubs named by Human Rights Watch are all minor. In a report, HRW said the Israeli teams, from the settlements of Maale Adumim, Ariel, Oranit and Givat Zeev, and a squad representing the occupied Jordan Valley region, were playing "on land unlawfully taken from the Palestinians".
Ashwin, Jadeja help India win landmark 500th Test
Spin twins Ravichandran Ashwin and Ravindra Jadeja bowled India to a comprehensive 197-run victory over New Zealand Monday on the fifth and final day of their country's landmark 500th Test. Ashwin claimed six wickets as the visitors, who resumed the day on on 93 for four in pursuit of their unlikely 434-run target, were dismissed for 236 shortly after lunch at Kanpur's Green Park. Ashwin, who recorded his 19th five-wicket haul in Tests, and Jadeja shared 16 wickets between them in the match to flatten the New Zealand batting line-up.
170 bodies recovered so far in migrant boat disaster
CAIRO (AP) ? President Abdel-Fattah el-Sissi said on Monday that Egyptians must join hands with his government to prevent a repeat of the tragedy that struck last week when a Europe-bound boat carrying hundreds of migrants sank in the Mediterranean off the Egyptian coast, with the loss of at least 170 lives.
UK mortgage approvals hit 19-month low, more weakness seen
Britain's housing market showed signs of slowing in August with the number of mortgages approved by banks falling to its lowest level since January 2015 and analysts said they expected further weakness ahead as Brexit uncertainty dampens demand next year. British banks approved 36,997 mortgages for house purchases last month, down from 37,672 in July and 21 percent lower than in August 2015, the British Bankers' Association said on Monday. The figures extended a slowdown which began at the start of this year ahead of the introduction of a new tax on homes bought by landlords in April and Britain's referendum decision to leave the European Union in June.
Charlotte ends curfew imposed after black man shot by police
CHARLOTTE, N.C. (AP) ? Charlotte lifted its midnight curfew, signaling movement toward normalcy after a state of emergency was imposed following the shooting death of a black man by police last week that brought National Guard troops and armored vehicles to downtown street corners.
Lanxess says no rival bidder likely to better its offer for ChemturaFRANKFURT (Reuters) - German chemical maker Lanxess said on Monday it was confident that no rival bidder would trump its $2.7 billion takeover offer for U.S. peer Chemtura .
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Jordan writer in anti-Islam case shot dead at court
A prominent Jordanian writer was shot dead Sunday on the steps of a court where he was facing charges for sharing an anti-Islam cartoon on Facebook. Nahed Hattar was struck by three bullets before the alleged assassin was arrested at the scene of the shooting in Amman's central Abdali district, said the official Petra news agency. The assailant -- bearded and dressed in a grey dishdasha worn by conservative Muslim men -- shot Hattar, a 56-year-old Christian, as he made his way up the steps outside the court, a security source told AFP.