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Angolan President Jose Eduardo dos Santos, in power for 37 years, will stand down before next year's general election, state radio said Friday citing sources in the ruling MPLA party. National Radio of Angola said that Defence Minister Joao Lourenco would take over as MPLA leader, in news confirmed to AFP by Joao Pinto, a senior member of the party. At a meeting of the MPLA (People's Movement for the Liberation of Angola) on Friday in Luanda, Dos Santos, 74, launched his party's campaign for the election, but declined to say if he would seek a new term.
By Huw Jones, Anjuli Davies and Andrew MacAskill LONDON (Reuters) - Britain must negotiate a staggered departure from the European Union over several years or risk banks leaving the country, the biggest banking lobby group will warn the government in coming weeks, according to sources familiar with the matter. The British Bankers' Association will argue its case in a report to Prime Minister Theresa May's government, outlining the risks for the country if she does not secure a "transition" phase beyond the two-year withdrawal period that will begin when she invokes Article 50 of the EU's Lisbon Treaty. The document also calls for a clear message from the government about its vision of Brexit, following perceived mixed messages from ministers about the importance they place on retaining access to the EU single market.