WORLD-TYRANT WORLD 11 17 14 3
Russian, Chinese officials to discuss military cooperation priorities
November 17, 19:54 UTC+3
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BEIJING, November 17. /TASS/. Russian Defense Minister Sergey Shoigu has arrived on an official visit in China, where he will meet the republic’s military and government officials and participate in a meeting of the Russian-Chinese commission for military-technical cooperation, a defense ministry spokesman said on Monday.
“During his stay in Beijing, the Russian defense minister will hold talks with Chinese Defense Minister General Chang Wanquan. It is expected that the Russian defense minister will be received by Chinese Prime Minister Li Keqiang,” said the ministry official, General-Major Igor Konashenkov, who is accompanying Shoigu on his trip.
“Under discussion at the meeting will be current issues of international and regional security, and bilateral military and military-technical cooperation,” Konashenkov said.
Defense Minister Shoigu and Xu Qiliang, vice chairman of China's Central Military Commission, will also chair the 19th session of the Russian-Chinese commission for military-technical cooperation, the ministry official said.
“During the session, there are plans to consider results of the commission’s work over the past year and determine priority tasks for further cooperation between Russia and China in the military-technical sphere,” Konashenkov said.
Nov 17, 4:13 AM EST
WHAT JAPAN'S RECESSION MEANS FOR COUNTRY, WORLD [Excerpts]
TOKYO (AP) -- In a surprise, Japan said its economy, the world's 3rd-biggest following the U.S. and China, contracted 1.6 percent at an annual pace in the July-September quarter as consumer and corporate spending failed to regain momentum after a sales tax increase in April.
Here are some implications for the global economy and for Japan following the unexpectedly dismal GDP report:
17 November 2014 Last updated at 08:37 ET
HSBC's private banking arm accused of tax fraud by Belgium {Excerpts]
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Authorities in Brussels have charged HSBC's private banking arm, which is based in Switzerland, with helping wealthy Belgians to avoid taxes.
Prosecutors allege that hundreds of clients - including diamond dealers in Antwerp - moved money to offshore tax havens with the help of the bank.
They said it resulted in hundreds of millions of euros in lost tax revenue.
In August, HSBC warned that the penalties in relation to such allegations "could be significant".
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