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In tribute to rights leader King, Biden invokes ‘battle for the soul of this nation’

By Steve Holland ATLANTA, Ga. (Reuters) -President Joe Biden told Americans to look towards Martin Luther King Jr.’s life for lessons on repairing their divisions, extremism and injustice, as he become the first sitting U.S. president to speak at a Sunday service in the civil rights leader’s church in Atlanta. Marking Monday’s national holiday celebrating …

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Marketmind: If the yield cap fits..

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Fourth-quarter GDP growth tops a list of key Chinese indicators, while interest rate decisions from Indonesia and Malaysia will be pored over by investors. But the biggest event this week will be the Bank of Japan’s monetary policy …

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Santos to be removed from U.S. Congress if he broke campaign finance laws -Comer

WASHINGTON (Reuters) – U.S. Representative George Santos, who lied about much of his resume and life story, will be removed from Congress if found to have broken campaign finance laws, fellow Republican and House Oversight Committee Chairman James Comer said on Sunday. “He’s a bad guy,” Comer said on CNN’s “State of the Union” program. …

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Is Canadian inflation on a sustainable path to 2%? Essentials offer clues

By Fergal Smith TORONTO (Reuters) – As Canadian inflation slows, the cost of essentials, such as food and rent, offers pointers as to whether it will return sustainably to the Bank of Canada’s 2% target, say economists, as those items are key drivers of inflation expectations. Canada’s consumer price index report for December, due on …

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Palestinian motorist shot dead by Israeli troops in checkpoint scuffle

By Ali Sawafta RAMALLAH, West Bank (Reuters) – Israeli troops shot dead a Palestinian motorist in the occupied West Bank on Sunday during what a witness said was a scuffle at a crowded checkpoint, with the Israeli army saying the man had tried to grab a soldier’s gun. Palestinian medics summoned to the scene near …

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Dubai property price rises seen slowing further in 2023 – Betterhomes

By Yousef Saba DUBAI (Reuters) – Residential property prices in Dubai are expected to rise at a slower pace in 2023 after a record year that saw a more than 60% increase in total units sold, according to one of the city’s biggest real estate consultancies. Prices are seen rising by about 5% this year, …

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Suspected Islamists kill at least 5 people in east Congo church bomb attack

BENI, Democratic Republic of Congo (Reuters) -At least five people were killed and 15 wounded in a suspected Islamist militant bomb attack during a Sunday service at a Protestant church in the eastern Congolese city of Kasindi, on the border with Uganda, the military said. An army spokesman said the attack during a Sunday service …

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Key Israel business group seeks steep cut in food tax

By Steven Scheer JERUSALEM (Reuters) – Israel’s Manufacturers’ Association on Sunday proposed tax cuts on food along with a host of other measures aimed at strengthening Israeli economic competitiveness and dealing with the country’s high cost of living. The Association’s economic plan, submitted to Israel’s prime minister and ministers of finance and economy, proposed cutting …

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Biden declares emergency for California due to winter storms

(Reuters) – U.S. President Joe Biden approved an emergency declaration for California on Saturday, as storms have pounded the Golden State since Dec. 26, killing at least 19 people and bringing floods, power outages, mudslides, evacuations and road closures. Biden ordered federal aid to supplement state, tribal and local recovery efforts in the areas affected …

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Biden declares emergency for Alabama due to tornadoes

(Reuters) – U.S. President Joe Biden approved an emergency declaration for Alabama on early Sunday after at least nine people died in tornadoes that destroyed homes and knocked out power to tens of thousands in the U.S. Southeast this week. Biden ordered federal aid to supplement regional recovery efforts in the areas affected by severe …

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