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Government cronies co-opt beloved Hungary lakeside, locals warn
Government cronies co-opt beloved Hungary lakeside, locals warn

Ringed by once-free beaches and green parks, Hungary's Lake Balaton has delighted generations of holidaymakers -- but now, locals warn, private developers are fencing off the sandy bays for rich visitors, with the nationalist government's blessing. "If this can be done here in Balatonfoldvar... then not a single beach in Balaton is safe," warned the head of the activist group, Karoly Herenyi.

Asian markets get week off to largely positive start
Asian markets get week off to largely positive start

Asian markets mostly rose Monday following last week's strong performance, with traders focused on a closely followed meeting of central bank chiefs where the Federal Reserve's Jerome Powell is due to deliver a key speech. Most Asian markets picked up the baton Monday.