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Kenya
Kenya: Police raid gun store owned by county employee
Police in Mombasa yesterday raided a gun store owned by a county government employee. Naheed Mousa, who said he is a licensed gun dealer, explained the officers raided his Nyali shop to examine records of his investments.
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Turchia
Turkey remands 2 foreigners linked to Istanbul attack
An Istanbul court on Friday remanded in custody two foreign nationals linked to the deadly attack on an Istanbul nightclub on New Year's Eve, state-run Anadolu Agency has reported.
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Turchia
Who would pay $1 million for Turkish citizenship?
The application regulation of Turkey’s Citizenship Law was recently changed. From now on, foreigners who buy real estate in Turkey worth at least $1 million will be granted Turkish citizenship.
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Giappone
Two years after hacking crisis, Sony CEO Lynton exits for Snap Inc.
Sony Entertainment Chief Executive Michael Lynton will step down to become chairman of the board of Snap Inc., a move that puts an experienced Hollywood executive in a prominent role as the technology company prepares for an initial public offering. Lynton will give up his current position at Sony’s movie ...
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Giappone
Chinese, Germans seek to turn Chernobyl wasteland into solar park
Chinese and Germans are among dozens of investors taking Ukraine up on its offer to turn the grounds of one of the world’s worst nuclear disasters into a massive solar park. Thirteen international investors are among the 39 groups seeking Ukrainian permission to install about 2 gigawatts of solar panels ...
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Giappone
Japan’s ‘karoshi’-fighting equal pay bill likely to be delayed until autumn
The government may be unable to submit a bill aimed at achieving equal pay for equal work and correcting long work hours to the 150-day ordinary Diet session opening Jan. 20 and may delay it until this fall, informed sources said. Officials in the government and the Liberal Democratic Party-led ...
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Giappone
Takata to plead guilty, pay $1 billion U.S. penalty over air bag defects
Takata Corp. on Friday agreed to plead guilty to criminal wrongdoing and to pay $1 billion to resolve a U.S. Justice Department investigation into ruptures of its air bag inflators linked to at least 16 deaths worldwide. The deal was announced hours after prosecutors in Detroit charged three former senior ...
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Nigeria
Workers oppose N309bn bond for power firms
Ife Ogunfuwa Workers under the aegis of Senior Staff Association of Electricity and Allied Companies have urged the Federal Government to shelve its plan to issue a N309bn bond to finance the power sector. The President of the association, Chris Okonkwo, while addressing journalists in Lagos on Friday, asked the ...
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Nigeria
IMF links Nigeria’s economic woes to poor management
Niyi Odebode and Everest Amaefule The International Monetary Fund has said that efforts to save the naira by rationing foreign exchange have failed. The IMF stated this in its policy paper on macroeconomic developments and prospects in low-income developing countries on Thursday. The fund attributed economic failures in the country ...
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Nigeria
Nigeria’s sex toy market booms in recession …as more people turn to ‘Jessica Rabbit’ for pleasure
Kunle Falayi and Ademola Olonilua In the midst of the biting economic crisis facing many Nigerians, forcing many to go as far as committing suicide, a sub-sector of the Nigerian economy is booming bringing smile to the faces of people lacking sexual fulfilment – married and singles alike. This is ...