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LONDON (Reuters) - European shares dipped on Tuesday while German bond yields rose, with investors in the dark over whether a high-level meeting on Greece's debt crisis might herald a significant breakthrough.
FIFA on Tuesday admitted that it had processed a $10 million payment from South Africa to a disgraced football official but denied that the world body's secretary general Jerome Valcke was involved. FIFA said it had been asked by the South African government to "withhold" money intended for the organisers of the 2010 World Cup and send it to a development project in the Caribbean run by the official Jack Warner. The FIFA statement was the latest salvo in the world body's battle with US authorities over a major corruption scandal.