WORLD

Lawsuits have built up over the decision to render Credit Suisse AT1 bonds worthless

Lawsuits Pile Up Over Credit Suisse Bonds Write-down

Switzerland's biggest bank bought out its rival for $3.25 billion on March 19, under strong pressure from the regulators FINMA, the government and the central bank, to prevent Credit Suisse from collapsing.
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 A general view of the damaged East Nile Hospital in Khartoum

Sudan Ceasefire In Danger As Fighting Erupts

Artillery fire could be heard in parts of Khartoum, armoured vehicles were patrolling and warplanes flew overhead, residents said, putting in jeopardy a one-week ceasefire that raised the most hope to date that Sudan's warring factions would halt fighting.
Ultra-nationalist Sinan Ogan helped force Turkey's first presidential runoff

Turkey's Third-place Finisher Endorses Erdogan

Sinan Ogan's 5.2 percent of the vote in the May 14 general election deprived Erdogan of an outright victory for the first time in his 20-year rule. He met the Turkish leader on Friday and held separate negotiations with allies of opposition leader Kemal Kilicdaroglu. Ogan portrays himself as an ardent supporter of a brand of Turkish nationalism espoused by the post-Ottoman republic's creator Mustafa Kemal Ataturk.
Saudi Crown Prince Mohammed bin Salman welcomes Ukraine's President Volodymyr Zelensky during the Arab League Summit in Jeddah

With Zelensky Invite, Saudi Seeks Star Turn On World Stage

At the Arab League summit on Friday, host Saudi Arabia brought Ukrainian President Volodymyr Zelensky and his Syrian counterpart, Bashar al-Assad, to the same conference hall on the Red Sea coast -- a potent sign of the kingdom's global diplomatic ambitions.

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