The World Bank announced on Friday a global alliance to better manage and protect the world's oceans, aiming to raise $1.5 billion in the next five years for the purpose. The partnership would bring together scientific centres, non-governmental groups, international organisations, foundations and national governments.
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A prominent public official in Chicago was indicted on Thursday on federal tax charges for allegedly diverting campaign funds and other monies to pay for personal purposes while failing to report it as income.
The four-count indictment alleges that Cook County Commissioner William Beavers stole more than $225,000 between 2006 and 2008 from campaign funds and a county expense account and spent at least some of the money for personal expenses, including gambling.
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