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Banking giants accused by Australia of running ‘criminal cartel’

Banking giants accused by Australia of running ‘criminal cartel’
Published time: 1 Jun, 2018 10:34

Australia’s consumer watchdog has announced that financial institutions ANZ, Deutsche Bank and Citigroup as well as several individuals will be prosecuted for an alleged criminal cartel arrangement.

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AT&T wants to settle with FTC to avoid unlimited data throttling lawsuit

AT&T wants to settle with FTC to avoid unlimited data throttling lawsuit
05/31/2018 2:59 pm

AT&T has given up its years-long quest to cripple the Federal Trade Commission's authority to regulate broadband providers.

AT&T had been trying to limit the FTC's authority since October 2014, when the FTC sued AT&T for promising unlimited data to wireless customers and then throttling their speeds by as much as 90 percent.

Canada, Mexico, EU retaliate against U.S. steel and aluminum tariffs

Canada, Mexico, EU retaliate against U.S. steel and aluminum tariffs
MAY 31, 2018 6:31 PM EDT

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Effective July 1, Canada will impose tariffs of 25 percent on shipments of U.S. steel and 10 percent on aluminum, as well as on other products, such as playing cards, inflatable boats and yogurt. Canada's finance ministry estimated the value of the U.S. goods subject to those tariffs at up to C$16.6 billion ($12.8 billion),

Italy’s Populist Parties Win Approval to Form Government

Okay, what’s next? And how will it affect the European Union?

Italy’s Populist Parties Win Approval to Form Government
By Jason Horowitz
May 31, 2018

After a seesaw week that spooked financial markets, Italy’s president on Thursday gave a green light to a government of populist parties that would put Europe’s fourth largest economy into the hands of leaders deeply antagonistic to the European Union, its currency and illegal migrants.

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