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GENEVA — Switzerland's financial markets authority said Thursday that an in-depth review of more than 30 banks conducted this spring found that “a large number" failed to meet basic requirements for analyzing the risk of money laundering. The authority, known…

ANKARA, Turkey — Turkey’s central bank raised its key interest rate by an aggressive 7.5 percentage points on Thursday, in a new sign of a return to more traditional economic policies under President Recep Tayyip Erdogan. The bank hiked its…

ANKARA, Turkey — Turkey's central bank hikes key interest rate to 25% to combat inflation, in a new sign of normalizing economic policy. Sourse: abcnews.go.com

JOHANNESBURG — Iran and Saudi Arabia were among six countries set to join Brazil, Russia, India, China and South Africa in the BRICS economic bloc from next year, the bloc announced Thursday, a move that will likely throw more scrutiny…

OKUMA, Japan — Fukushima nuclear plant's operator says it will compensate exporters of Japanese products banned by China. Sourse: abcnews.go.com