By Andrea Shalal LUSAKA (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday said the United States wanted to see quicker progress on the World Bank’s plans for expanding its lending capacity to address climate change and other global crises. The World Bank’s “evolution roadmap”, reported by Reuters earlier this month, calls for the bank …
U.S. wants to see quicker progress on World Bank reforms- Yellen Read More »
By Tim Reid and Kanishka Singh MONTEREY PARK, Calif. (Reuters) – The red lanterns bobbed and banners proclaimed “Happy Year of the Rabbit” but Monterey Park’s famous Lunar New Year festivities were brought to an abrupt end by a shooting that left 10 people dead and another 10 wounded. Vendors dismantled stalls and workers took …
Monterey Park shooting turns mass celebration into massacre on Lunar New Year Read More »
By Andrea Shalal LUSAKA, Zambia (Reuters) – U.S. Treasury Secretary Janet Yellen on Sunday said rebuilding the Internal Revenue Service would be one of her top priorities in coming years, putting her squarely at odds with Republicans who have taken control of the House of Representatives. Yellen told Reuters in an interview on her way …
U.S. Treasury’s Yellen says IRS needs to be ‘completely redone’ Read More »
BRASILIA (Reuters) – Brazil’s ministry of health has declared a medical emergency in the Yanomami territory, the country’s largest indigenous reservation bordering Venezuela, following reports of children dying of malnutrition and other diseases caused by illegal gold mining. A decree published on Friday by the incoming government of President Luiz Inacio Lula da Silva said …
Brazil declares emergency over deaths of Yanomami children from malnutrition Read More »
By Nandita Bose and Jason Lange WASHINGTON (Reuters) -U.S. President Joe Biden will name former COVID policy coordinator Jeff Zients as his next chief of staff, a source familiar with the matter said on Sunday, refreshing a key role as Biden readies a likely re-election bid and faces a probe of his handling of classified …
Biden to name Jeff Zients as next chief of staff, source says Read More »
By Jason Lange WASHINGTON (Reuters) – A bipartisan group of U.S. lawmakers is preparing a plan to defuse a looming crisis over the nation’s debt ceiling by changing it from a fixed dollar amount a percentage of national economic output, the group’s top Republican said on Sunday. The proposal would replace Washington’s current federal debt …
Bipartisan U.S. lawmakers preparing plan to avert debt-ceiling crisis Read More »
By Nia Williams and Steve Scherer (Reuters) – In Canada’s western oil patch, controversy is raging over federal government legislation intended to help the fossil fuel labour force transition to a greener economy, but union and community leaders are warning politicization of the Just Transition bill obscures the needs of workers. Prime Minister Justin Trudeau’s …
Canada’s energy jobs transition bill sparks discord in oil heartland Read More »
By Steve Scherer OTTAWA (Reuters) – The Bank of Canada will offer minutes from its policy-setting meeting this week for the first time in its history, a move some analysts say will help restore credibility lost last year amid soaring inflation and encourage out-of-the-box thinking. Annual inflation shot to 8.1% in June, the highest in …
‘P.R. job’ or antidote to ‘groupthink’? Bank of Canada to offer policy-meeting minutes Read More »
(Reuters) – A rampage at a ballroom dance venue in Monterey Park, California, that killed at least 10 people on Saturday was one of the most deadly mass shootings in the state’s modern history. In 2018, a former Marine combat veteran killed 12 people in a bar in Thousand Oaks. He then killed himself. In …
Factbox: California rampage is the latest mass shooting in the United States Read More »
FRANKFURT (Reuters) -The Bayer investor Union Investment criticized Bayer’s chair for a lack of engagement, such as exploring a spin-off of the company’s consumer health division, according to an interview in WirtschaftsWoche. Bayer is facing demands from activist investor Bluebell Capital Partners to break up, with a sale of the company’s consumer health unit and, …
Bayer investor criticizes Bayer chair for lack of initiative – WirtschaftsWoche Read More »
