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$53-million jewel heist in Cannes

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An armed man held up a jewellery exhibition in the French Riviera resort of Cannes on Sunday, making away with jewels worth around €40 million ($53 million), according to investigators. Authorities said the hold-up took place in broad daylight at the Carlton Hotel on the promenade in Cannes, famous for its annual film festival that attracts a glittering array of celebrities. — AFP


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