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Britain's Lloyds Banking Group has agreed to pay fines totalling $370 million (217 million pounds) to U.S. and British authorities investigating its part in a global interest rate rigging scandal. The settlement is the seventh joint penalty handed out by U.S. and British regulators in connection with the attempted manipulation of the London interbank offered rate, or Libor, and other similar benchmarks, which are used to price around 450 trillion dollars of financial products worldwide. Lloyds' settlement follows British rivals Barclays and Royal Bank of Scotland, which agreed to pay fines of $453 million and $612 million respectively in 2012 and 2013.
By Patrick Markey TRIPOLI (Reuters) - A rocket hit a fuel storage tank in a chaotic battle for Tripoli airport that has all but closed off international flights to Libya, leaving fire-fighters struggling to extinguish a giant conflagration. Foreign governments have looked on powerless as anarchy sweeps across the North African oil producer, three years after NATO bombardment helped topple dictator Muammar Gaddafi. They have urged nationals to leave Libya and have pulled diplomats out after two weeks of clashes among rival factions killed nearly 160 people in Tripoli and the eastern city of Benghazi. The Netherlands, the Philippines and Austria on Monday prepared to evacuate diplomatic staff.