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By Julia Harte and Matt Spetalnick WASHINGTON (Reuters) - A network of more than 150 U.S. charter schools linked to followers of Fethullah Gulen, the Pennsylvania-based Muslim cleric the Turkish government blames for instigating July’s failed coup, has come under growing financial and legal strain, according to school officials, current and former members of Gulen’s movement, and public records reviewed by Reuters. The publicly financed schools, a key source of jobs and business opportunities for U.S. members of Gulen’s global movement, have sharply slowed their expansion in recent years, public records show. The slowdown comes amid a series of government probes in more than a dozen states into allegations ranging from misuse of taxpayer funds to visa fraud.
Former IMF chief Rodrigo Rato went on trial Monday accused of overseeing a "corrupt system" that helped him and other executives misuse millions when he was the boss of a major Spanish bank. Protesters shouted "thief" and "fraud" at the former economy minister and ex-deputy prime minister as he arrived at the courthouse outside Madrid. Rato is standing trial with 64 other former executives and board members at Caja Madrid and Bankia, whose near-collapse sparked an EU bailout of Spain's financial sector.
By William James LIVERPOOL, England (Reuters) - The Labour Party clashed with business groups on Monday after setting out a left-wing economic agenda aimed at boosting their chances of winning power by re-engaging with working class voters who backed leaving the European Union. Finance spokesman John McDonnell, a veteran socialist, said Labour would raise the minimum wage, change company law to prevent firms taking on excessive debts to benefit shareholders, and redouble efforts to eradicate tax avoidance. Labour re-elected leader Jeremy Corbyn on Saturday following a failed attempt to oust him after the EU referendum.