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The Two-Way
10:10 am
Thu April 23, 2015

Germany's Largest Bank Fined $2.5 Billion In Rate-Fixing Scandal

The headquarters of Deutsche Bank in Frankfurt. Germany's largest bank has been hit with a $2.5 billion fine for manipulating a key interest rate. Seven other banks in various countries have also been fined in the far-reaching scandal.
Michael Probst AP

Originally published on Thu April 23, 2015 2:35 pm

Deutsche Bank, Germany's largest bank, has been fined $2.5 billion by U.S. and U.K. regulators for trying to manipulate the so-called LIBOR rate, a benchmark for interbank loans, which in turn is used to set interest rates on everything from credit card debt to mortgages.

The German bank is one of eight financial institutions, including Swiss-based UBS and the Royal Bank of Scotland, that were caught up in the scandal, which involved dozens of traders and managers and spanned a four-year period from 2005-2009.

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The Two-Way
8:54 am
Thu April 23, 2015

U.S. Operations Killed Two Hostages Held By Al-Qaida, Including An American

President Obama expresses his condolences today to the families of the American and Italian aid workers killed in a U.S. counterterrorism operation in January.
Susan Walsh AP

Originally published on Thu April 23, 2015 4:31 pm

Updated at 5:20 p.m. ET

President Obama offered his "grief and condolences" to the families of the American and Italian aid workers killed in a U.S. counterterrorism operation in January. Both men were held hostage by al-Qaida.

"I take full responsibility for a U.S. government counterterrorism operation that killed two innocent hostages held by al-Qaida," Obama said.

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The Two-Way
8:51 am
Thu April 23, 2015

Watch A Time-Lapse Video Of The Calbuco Volcano Erupting In Chile

Chile's Calbuco volcano is seen from the town of Puerto Montt on Wednesday, as it spews a high column of ash and lava.
Diego Main AFP/Getty Images

Originally published on Thu April 23, 2015 11:24 am

The Calbuco volcano in southern Chile erupted this week for the first time in four decades. Quiet since 1972, it's blown twice since Wednesday, generating striking images and concerns over the effects of both the lava and a mammoth cloud of ash.

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The Two-Way
8:41 am
Thu April 23, 2015

EU Leaders Pledge More Ships To Patrol Mediterranean For Migrants

In this photo made available Thursday, April 23, 2015, migrants crowd and inflatable dinghy as the Italian Coast Guard approaches them, off the Libyan coast, on Wednesday.
Alessandro Di Meo AP

Originally published on Fri April 24, 2015 9:04 am

Updated at 5:50 p.m. ET

The European Union has agreed to more ships, planes and helicopters to patrol the Mediterranean in hopes of stopping migrants from Africa and the Middle East and stopping people smugglers who facilitate them.

At an emergency summit in Brussels, Britain pledged three ships, while Germany and France said they would provide two each. Belgium, Ireland, Latvia and Lithuania were also to supply ships, patrol boats and helicopters.

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The Two-Way
6:31 am
Thu April 23, 2015

Petraeus Sentenced To 2 Years' Probation, Fine For Sharing Classified Info

Former CIA Director and retired Gen. David Petraeus was sentenced Thursday to two years of probation and must pay a $100,000 fine.
Kevork Djansezian Getty Images

Originally published on Fri April 24, 2015 10:37 am

Updated at 11:34 a.m. ET Friday

Former CIA Director and retired Gen. David Petraeus was sentenced Thursday to two years of probation and handed a $100,000 fine for the unauthorized removal and retention of classified material, in the form of notebooks he shared with his lover.

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The Two-Way
6:04 am
Thu April 23, 2015

Saudi Airstrikes Target Houthi Forces In Yemen, Despite Talks Of Peace

Supporters of the Shiite Houthi movement brandish weapons as they take part in a demonstration in Yemen's capital of Sanaa on Thursday, protesting the Saudi-led military "Decisive Storm" air campaign.
Mohammed Huwais AFP/Getty Images

Originally published on Thu April 23, 2015 9:04 am

Despite Saudi Arabia's announcement earlier this week that a coalition would wind down the nearly month-old military campaign it has been waging in Yemen, warplanes have been hitting areas under Houthi control Thursday. It's now very unclear when peace talks that were mentioned earlier this week might occur.

From Riyadh, NPR's Leila Fadel reports for our Newscast unit:

"The Saudis had said that although strikes were ending, they would use force against Houthi movements inside the poor Gulf country.

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The Two-Way
5:38 am
Thu April 23, 2015

Michael Brown's Parents File Civil Suit Against Ferguson And Former Officer

Originally published on Thu April 23, 2015 4:34 pm

The parents of Michael Brown, the unarmed man whom a Ferguson, Mo., police officer shot and killed last August, have filed a civil lawsuit against the city, along with former police chief Thomas Jackson and Darren Wilson, the now-former officer who shot Brown, 18.

The lawsuit was filed by Michael Brown Sr. and Lesley McSpadden at the St. Louis County Courthouse Thursday morning. It says Wilson "unjustifiably shot and killed" Brown, using "an unnecessary and unreasonable" amount of force.

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The Two-Way
7:55 pm
Wed April 22, 2015

LOOK! Stunning Picture Of Calbuco Volcano Erupting In Chile

Children watch the Calbuco volcano erupt, from Puerto Varas, Chile, on Wednesday. Authorities ordered the evacuation of the inhabitants of the nearby town of Ensenada, along with residents of two smaller communities.
Carlos F. Gutierrez AP

The Cabulco volcano in southern Chile erupted on Wednesday spewing a huge cloud of ash into the sky.

Authorities issued evacuation orders for about 1,500 people. But, the AP reports, luckily the area is otherwise sparsely populated.

With that, here is a stunning photograph of the eruption:

The Two-Way
7:39 pm
Wed April 22, 2015

Defense Presents Full Video Of Tsarnaev Giving Camera The Middle Finger

Dzhokhar Tsarnaev.
Handout Getty Images

During the second day of the penalty phase of the Boston Marathon bombing trial, a defense attorney for Dzhokhar Tsarnaev presented full video of the convicted bomber giving a holding cell camera the finger.

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