McCarthy says some progress has been made in US debt ceiling talks with White House

McCarthy says some progress has been made in US debt ceiling talks with White House

(1/4) U.S. President Joe Biden holds debt limit talks with U.S. House Speaker Kevin McCarthy (R-CA) in the Oval Office of the White House in Washington, U.S. May 22, 2023 .REUTERS/Leah Millis/File Photo WASHINGTON, May 25 (Reuters) – The White House and Republican negotiators have made progress in late-night talks on raising the government’s debt … Read more

Record net arrivals highlight UK’s post-Brexit migration dilemma

Record net arrivals highlight UK’s post-Brexit migration dilemma

(1/2) Passengers on international flights arrive at Heathrow Airport, following the outbreak of the coronavirus disease (COVID-19), London, Britain, July 29, 2020. REUTERS/Toby Melville/File Photo Rise driven by non-EU workers, Ukraine/Hong Kong visa plans PM Sunak: Numbers are too high and need to come down Difficult to reduce arrivals in times of acute labor shortages … Read more

Ship briefly stranded in the Suez Canal successfully refloated

Ship briefly stranded in the Suez Canal successfully refloated

CAIRO, May 25 (Reuters) – Tugboats have refloated a large ship that ran aground in the Suez Canal, shipping agent Leth Agencies said on Thursday, allowing flows on one of the world’s busiest to return to normal. Leth identified the vessel as the 190-metre (623 ft) Xin Hai Tong 23, a bulk carrier. “The Suez … Read more

Republicans and White House see progress in US debt ceiling talks

Republicans and White House see progress in US debt ceiling talks

WASHINGTON, May 24 (Reuters) – Negotiators for Democratic President Joe Biden and Republican Congressman Kevin McCarthy held what both sides called productive talks on Wednesday to try to reach a deal to raise the debt ceiling of the United States to $31.4 trillion and avoid a catastrophic default. . After a four-hour meeting at the … Read more

From mangoes to luxury watches, Indians seek to offload Rs 2,000 notes

From mangoes to luxury watches, Indians seek to offload Rs 2,000 notes

MUMBAI/NEW DELHI, May 23 (Reuters) – Indians are stepping up purchases of basic necessities, and even high-end branded goods, using the soon-to-be-withdrawn 2,000 rupee ($24.46) notes , as they aim to avoid the need to exchange them or deposit them in banks. India’s central bank announced on Friday that the country’s largest denomination will be … Read more

White House and Republican negotiators to resume debt ceiling talks on Tuesday

White House and Republican negotiators to resume debt ceiling talks on Tuesday

(1/2) United States House Speaker Kevin McCarthy (R-CA) speaks to reporters outside the West Wing with Rep. Patrick McHenry (R-NC) behind him following talks on the debt limit with US President Joe Biden in the Oval… Learn more May 23 (Reuters) – White House and Republican congressional negotiators will meet again on Tuesday to resolve … Read more

Exclusive: Lebanon on gray list of financial crime watchdog

Exclusive: Lebanon on gray list of financial crime watchdog

BEIRUT, May 23 (Reuters) – Lebanon is likely to be placed on a “grey list” of countries under special scrutiny for unsatisfactory practices aimed at preventing money laundering and terrorist financing, Three sources familiar with the matter told Reuters. Being added to the list would be another blow for a country that has been in … Read more

Brazil declares 180-day health emergency amid bird flu cases in wild birds

Brazil declares 180-day health emergency amid bird flu cases in wild birds

SAO PAULO, May 22 (Reuters) – Brazil declared a state of health emergency for 180 days on Monday in response to the country’s first-ever detection of the highly pathogenic avian influenza virus in wild birds, in a document signed by the Minister of Agriculture Carlos Favaro. . Infection with the H5N1 subtype of bird flu … Read more

US debt ceiling talks ‘on track’, McCarthy says ahead of Biden meeting

US debt ceiling talks ‘on track’, McCarthy says ahead of Biden meeting

WASHINGTON, May 22 (Reuters) – Congressional Republican Kevin McCarthy said on Monday afternoon talks on raising the U.S. federal debt ceiling to $31.4 trillion were “on track” within hours. ahead of a meeting with Democratic President Joe Biden. The President and Speaker of the House of Representatives, McCarthy, have just 10 days to reach an … Read more

Biden and House Speaker McCarthy could speak on debt limit on Sunday

Biden and House Speaker McCarthy could speak on debt limit on Sunday

HIROSHIMA, Japan, May 21 (Reuters) – U.S. President Joe Biden and Republican Congressman Kevin McCarthy could speak as early as Sunday during talks on raising the federal debt ceiling to $31.4 trillion. Biden, who is traveling to Japan for the Group of Seven (G7) summit, sought the call after his negotiating team briefed him on … Read more