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A controversial tax law that will prevent workers from getting their pension when they retire, has been delayed on Thursday by South Africa's cabinet after the country's union federation threatened to do a strike.

U.S. authorities nabbed the CEO of a brokerage firm in New York for obstructing an SEC investigation. The respondent pleaded guilty to the charge and admitted the act of falsifying invoices sent to the SEC.

Arkadiy Dubovoy, 51 years old admitted he was among the group who were behind on an international financial hacking scheme. The goup stole press releases to make profit of $30 million.