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Long-awaited Mladic war crimes trial opens in The Hague

Ratko Mladic, the former Bosnian Serb military commander, goes on trial at a UN tribunal on 11 charges of genocide, crimes against humanity and war crimes stemming from some of the bloodiest events of the Bosnian war in the 1990s.

(NEW YORK TIMES) THE HAGUE - The court heard a prosecutor's recital of atrocities said to have been committed by soldiers directly under Mr. Mladic's command as Bosnian Serb units carried out a campaign of ethnic cleansing and, in Sarajevo, directed a "spigot of terror" that could be opened or closed at will against the civilian population.

Twenty years after the war started as the former Yugoslavia fragmented, the 11-count indictment against him laid out details of the worst killings of the conflict, when the capital, Sarajevo, was subjected to a 44-month campaign of sniping and shelling in which more than 10,000 people died. He is the last of the major players in the Bosnian conflict to face trial at the International Criminal Tribunal for the former Yugoslavia here.


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How A Xi Jinping Dinner In San Francisco May Have Sealed Mastercard's Arrival In China

The credit giant becomes only the second player after American Express to be allowed to set up a bank card-clearing RMB operation in mainland China.

Mastercard has just been granted a bank card clearing license in China.

Liu Qianshan


It appears that one of the biggest beneficiaries from Chinese President Xi Jinping's visit to San Francisco was Mastercard.

The U.S. credit card giant has since secured eagerly anticipated approval to expand in China's massive financial sector, having finally obtained long sought approval from China's central bank and financial regulatory authorities to initiate a bank card business in China through its joint venture with its new Chinese partner.

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Through a joint venture in China between Mastercard and China's NetsUnion Clearing Corporation, dubbed Mastercard NUCC, it has officially entered mainland China as an RMB currency clearing organization. It's only the second foreign business of its kind to do so following American Express in 2020.

The Wall Street Journal has reported that the development is linked to Chinese President Xi Jinping's meeting on Nov. 15 with U.S. President Joe Biden in San Francisco, part of a two-day visit that also included dinner that Xi had with U.S. business executives.

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