Dec 28, 2017

Tehran to end arrests over "Islamic values" violations

Supporters of presidential candidates distribute brochures ahead of the Iranian presidential election in May. Photo: Fatemeh Bahrami / Anadolu Agency / Getty Images

Police in Iran's capital of Tehran will no longer arrest those who violate "Islamic values," and will instead "educate" them, according to the Wall Street Journal. Women have long been punished for "infractions as minor as...wearing nail polish, heavy makeup, or tying their headscarves too loosely," per the Journal.

Why it matters: This comes after Saudi Arabia ended its ban on women driving, and could indicate a shift toward moderation in the region. Some Iranians are skeptical, however, and say what matters is how the new rules are implemented, per the Journal.

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Coronavirus spreads to more countries, and U.S. ups its case count

Data: The Center for Systems Science and Engineering at Johns Hopkins, the CDC, and China's Health Ministry. Note: China numbers are for the mainland only and U.S. numbers include repatriated citizens.

The novel coronavirus continues to spread to more nations, and the U.S. reports a doubling of its confirmed cases to 34 — while noting those are mostly due to repatriated citizens, emphasizing there's no "community spread" yet in the U.S. Meanwhile, Italy reported its first virus-related death on Friday.

The big picture: COVID-19 has now killed at least 2,359 people and infected more than 77,000 others, mostly in mainland China. New countries to announce infections recently include Israel, Lebanon and Iran.

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Wells Fargo agrees to pay $3 billion to settle consumer abuse charges

Clients use an ATM at a Wells Fargo Bank in Los Angeles, Calif. Photo: Ronen Tivony/SOPA Images/LightRocket via Getty Images

Wells Fargo agreed to a pay a combined $3 billion to the Justice Department and the Securities and Exchange Commission on Friday for opening millions of fake customer accounts between 2002 and 2016, the SEC said in a press release.

The big picture: The fine "is among the largest corporate penalties reached during the Trump administration," the Washington Post reports.