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Spain's king on Tuesday tasked Mariano Rajoy with forming a new government, taking the acting conservative prime minister a step closer to power again after a 10-month political deadlock. "I accepted the task," Rajoy told reporters, saying he would now submit himself to a parliamentary vote of confidence which he is almost certain to win after the Socialists opted to abstain -- giving him enough traction to get through. This means Spain should finally get a government next week, capping a rollercoaster 10 months that saw the country go through two inconclusive elections which Rajoy's Popular Party (PP) won both times, but without enough seats to rule alone.
A US judge on Tuesday granted final approval for a $14.7 billion class action settlement in Volkswagen's diesel emissions cheating scandal, the largest such automaker settlement in history. The agreement also resolved some claims brought by US and California environmental regulators who had sought penalties for Volkswagen's violations of pollution laws. "Final approval of the 2.0-liter TDI settlement is an important milestone in our journey to making things right in the United States and we appreciate the efforts of all parties involved in this process," Hinrich Woebcken, president and CEO of Volkswagen Group of America, said in a statement.