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Turkish central bank slashes rates as threat of sanctions fades

Turkey's central bank slashed rates by a more than expected 250 points to 14 percent Thursday, taking advantage of an inflation dip and a steadier lira after Washington cancelled just-announced sanctions over a military incursion into Syria. The bank lowered its benchmark one-week repo rate...

Ramos confirms fine from Spanish tax authority

Real Madrid's Sergio Ramos has confirmed he has been fined by Spanish tax authorities for irregularities relating to his image rights between 2012 and 2014. According to the newspaper El Mundo, Ramos was fined one million euros for transferring revenue to his own company Sermos 32 SL, which...