Death toll in Hawaii inferno rises to 53 (VIDEOS)

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UK economy contracts as recession looms

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US threatens EU bank with sanctions – media

Washington has reportedly warned Austria’s banking giant Raiffeisen over its operations in Russia Austria’s Raiffeisen Bank International, the biggest foreign lender in Russia, risks “being cut off from the US financial system” if it is found to have helped fund Russia’s military, according to the US Treasury  Department, as cited by Reuters.

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