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Council of Europe raps Italy over difficulty in obtaining abortions

Women’s rights are being violated in Italy by the serious difficulties they face in trying to obtain safe abortions due to many doctors refusing to carry out the procedure, the Council of Europe said on Monday. Terminating pregnancies has been legal in Italy since 1978, but the council’s social rights committee found that the situation in Italy violated both the women’s right to protection of health and the doctors’ right to dignity at work. Women seeking an abortion are sometimes forced to go elsewhere in Italy or abroad, or bypass the authorities to get a termination.

GE launches sales process for U.S. lending units

General Electric Co has launched the sales process for a roughly $40 billion portion of its U.S. commercial lending assets as a part of its broad retreat from its finance businesses, a source familiar with the situation said on Sunday. The Wall Street Journal first reported this development on for GE's planned divestiture. The chunk of the operation involved represents more than half of the $74 billion U.S. commercial lending and leasing portfolio.