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"Traders’ expectations for a June interest-rate increase surged Wednesday after minutes from the Federal Reserve’s April meeting showed policy makers considered a rate hike next month likely if the economy continued to improve. Derivatives traders are pricing in a 32 percent probability that the Fed raises rates at its June 14-15 meeting, based on the assumption that the effective fed funds rate will trade at the middle of the new FOMC target range after the next increase, up from 4 percent Monda", www.bloomberg.com
"Geneva, May 18, 2016 (AFP) -Switzerland on Wednesday extradited ex-FIFA official Julio Rocha to the United States, where he has been charged with a raft of corruption-related offences along with dozens of executives within world football.", timesofindia.indiatimes.com
"The longtime former head of the Nicaraguan soccer federation who most recently was employed by FIFA pleaded not guilty to racketeering charges Wednesday after he became the last of seven men extradited after their arrests in Zurich last year.", www.miamiherald.com
"An ex-FIFA exec from Nicaragua pleaded not guilty Wednesday to charges he solicited six-figure bribes in connection with the widespread soccer scandal. Fresh off a flight after being extradited from Switzerland, Julio Rocha briefly appeared in Brooklyn federal court and was released on a $1.5 million bond. Rocha is one of dozens charged in a massive $200 million kickback scheme that involved FIFA officials accepting bribes from sports marketing companies in exchange for exclusive rights to events. He served as FIFA's development officer from 2013 to 2015, overseeing the organization's expansion in Central America, and is also the former president of the Nicaraguan soccer federation FENIFUT. Prosecutors say the 65-year-old tried to finagle a six-figure bribe in exchange for awarding a contract to a marketing agency related to home qualifier matches to be played ahead of the 2018 World Cup. He continued to seek bribes even after stepping down as FENIFUT’s", nypost.com
"A former FIFA official from Nicaragua who was responsible for overseeing the soccer governing body's development efforts in Central America pleaded not guilty on Wednesday to U.S. charges stemming from a wide-ranging bribery investigation.", www.reuters.com
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