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By David Milliken LONDON (Reuters) - Britain's opposition Labour party has launched an inquiry into how to tackle anti-semitism after suspending former London mayor Ken Livingstone days before it contests elections in London, Scotland and Wales. Labour Party leader Jeremy Corbyn - a close ally of party veteran Livingstone - said in a statement that he would propose a new code of conduct explicitly banning anti-semitism and other forms of racism. "There is no place for anti-semitism or any form of racism in the Labour party, or anywhere in society," he said.
By William Schomberg and Guy Faulconbridge LONDON (Reuters) - More than 100 executives from Britain's financial services industry, including hedge fund managers Crispin Odey and Paul Marshall, have signed a letter backing Britain's withdrawal from the European Union, the main Brexit campaign group said on Friday. In a letter released by the Vote Leave group ahead of a June 23 referendum, the City bosses said getting out of the EU would help strengthen London's position as the only financial capital to rival New York. The investors said that while membership had been good for Britain and London since 1973, it no longer made sense as the EU had failed to support innovation and was now tied to a euro zone which many signatories feared was doomed.
Reformist and moderate Iranian politicians allied with President Hassan Rouhani won a big victory in second round parliamentary elections and capped a remarkable comeback Saturday after years of isolation. It was also an implicit public vote of confidence in Rouhani, who won a landslide election victory in 2013 and went on to clinch a historic deal with world powers over Tehran's nuclear programme that lifted sanctions. Almost a quarter of parliament's seats were at stake in run-offs Friday in what was a showdown between reformists and conservatives seeking to influence the country's future.