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A Norwegian appeals court has rejected a lawsuit from fugitive former U.S. spy contractor Edward Snowden against the Norwegian government, upholding the verdict of a lower court, it said on Wednesday. Snowden's law firm said in April he would take Norway to court to secure free passage to the Nordic country to receive a free speech award, but the Oslo District Court dismissed the case in June. "The court of appeal has -- like the district court -- concluded that the lawsuit must be rejected," it said on Wednesday, adding that the justice ministry could not be compelled to issue an advance decision on whether or not to extradite.
Royal Bank of Scotland Group Plc will pay $1.1 billion to resolve claims that it sold toxic mortgage-backed securities to credit unions that later failed, the U.S. National Credit Union Administration (NCUA) said. The resolution comes as RBS prepares to settle a number of U.S. cases where it is accused of mis-selling mortgage-backed bonds and brings the U.S. regulator's recoveries against various banks to $4.3 billion over their sales of such securities before the 2008 financial crisis. This case is included in the around $5 billion RBS has set aside to settle historic misconduct charges, but some analysts estimate the total claims will be much larger.
Shimon Peres, who died Wednesday aged 93, is famed for his peace efforts with the Palestinians but his role as architect of Israel's nuclear programme may prove his more lasting legacy. When still in his 30s during the 1950s, Peres played a key part in Israel's pursuit of a nuclear capability at the urging of Israel's first prime minister David Ben-Gurion.