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New Mexico regulators on Saturday hit the U.S. government with more than $54 million in fines for violations at a nuclear waste facility where a fire broke out and radiation was released in two mishaps earlier this year.

Australia's major banks should set aside more capital to ensure they can survive a repeat of the global financial crisis, a government-backed review recommended on Sunday, a measure that may rein in the banks' hefty dividend payouts.

China defended its government-funded Confucius Institute programs on Friday after new questions were raised in the United States about their transparency and effect on academic freedom.