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Putin calls for vodka price cap

Amid rising inflation, President Vladimir Putin says high prices encourage production of bootleg spirits.

Read more: Putin calls for vodka price cap

   

US economy grows at fastest pace in 11 years

Annual growth rate of 5 percent in third quarter is driven largely by consumer spending and investment in business.

Read more: US economy grows at fastest pace in 11 years

   

Hong Kong tycoon sentenced in corruption case

Property developer sentenced alongside former deputy leader of Hong Kong in high-profile corruption trial.

Read more: Hong Kong tycoon sentenced in corruption case

   

Gulf #OPEC members refuse to cut oil output

Oil-rich Gulf states vow not to cut oil production, despite a glut in global supplies and plummeting oil prices.

Read more: Gulf #OPEC members refuse to cut oil output

   

UN asks #Israel to pay #Lebanon $850m

General Assembly resolution over 2006 oil spill marks first time a price has been put on damages asked from Israel.

Read more: UN asks #Israel to pay #Lebanon $850m

   

Russian rouble in 'catastrophic decline'

President Putin faces major economic crisis as massive interest hike fails to kick-start Russia's currency.

Read more: Russian rouble in 'catastrophic decline'

   

$400 million fine for #China rail chief's ally

Ding Shumiao said to have taken $322m to set up 57 rail projects for senior official jailed for corruption.

Read more: $400 million fine for #China rail chief's ally

   

#Russia raises key rate after rouble slumps

Dramatic increase in interest rate to 17 percent comes as tensions surge with the US over the Ukraine crisis.

Read more: #Russia raises key rate after rouble slumps

   

Swedish website to combat child-sex tourism

Website launched by police urges Swedes to report suspicious behaviour among fellow nationals while travelling abroad.

Read more: Swedish website to combat child-sex tourism

   

Poor nations 'lose $1 tn in dirty money'

Record $991bn lost to crime and corruption in 151 developing economies in 2012, up nearly five percent from 2011.

Read more: Poor nations 'lose $1 tn in dirty money'

   

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