Reuters USA

By Vivian Sequera and Deisy Buitrago CARACAS (Reuters) -Venezuela’s President Nicolas Maduro on Monday accepted the resignation of the country’s powerful oil minister following the detention of at least six high level officials amid a corruption probe focused on state-run company PDVSA and the judiciary. Tareck El Aissami had said earlier on Monday on Twitter …

Venezuela’s Maduro to replace oil minister, police arrest officials in corruption sweep Read More »

(Reuters) – U.S officials are looking at ways to temporarily expand Federal Deposit Insurance Corp (FDIC) coverage to all deposits, Bloomberg News reported on Monday. U.S. Treasury Department staff are studying whether federal regulators have enough emergency authority to insure deposits above the current $250,000 cap on accounts without the consent of Congress, the report …

US officials study ways to expand FDIC coverage to all deposits -Bloomberg News Read More »

SAO PAULO (Reuters) -Brazilian retailer Americanas SA has presented to a court its post-bankruptcy reorganization plan, a local newspaper reported on Monday, marking potential progress to recovery after disclosing billions of dollars in accounting irregularities. Sources with knowledge of the situation, however, told Reuters that the company shoulders a higher debt load than previously disclosed. …

Brazil’s Americanas faces more debt, asset sales as it restructures Read More »

By David Lawder WASHINGTON (Reuters) – Hardline Republicans in the House of Representatives on Monday vowed to oppose any universal federal guarantee on bank deposits above the current $250,000 limit, throwing a major roadblock to a key tool regulators could deploy if bank runs re-emerge as financial confidence wobbles. The Republican House Freedom Caucus said …

Hardline US Republicans oppose bank deposit guarantees beyond $250,000 limit Read More »

By Andrew Chung WASHINGTON (Reuters) – The U.S. Supreme Court should dismiss a major case from North Carolina that could give more power over federal elections to state politicians because the matter is being reconsidered by a lower court, North Carolina said in a filing on Monday, while the Republican lawmakers at the center of …

North Carolina urges US Supreme Court to toss major elections case Read More »

WASHINGTON (Reuters) – Protesters criticizing President Joseph Biden’s approval of an oil drilling project in Alaska on Monday blocked an administration official from delivering a speech about U.S. climate leadership. Ali Zaidi, White House climate adviser, was unable to address the event on the “Future of U.S. Climate & Energy Leadership” at the Center for …

Alaska oil drilling protesters disrupt White House climate adviser appearance Read More »

By Gram Slattery WASHINGTON (Reuters) – Former President Donald Trump’s call to supporters to protest what he said was his imminent arrest provoked conspiracy-fueled debate on far-right social media platforms on Monday, with some supporters fearing an elaborate government trap to arrest them. Trump said on his Truth Social platform on Saturday he expected to …

Far-right activists wary of ‘trap’ after Trump calls for protests Read More »

BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva plans to unveil a long-awaited new fiscal framework before he travels to China at the end of the week but wants the proposal discussed privately with congressional leaders first, Finance Minister Fernando Haddad said on Monday. The framework is seen as crucial to easing fiscal …

Lula government discusses Brazil’s new fiscal framework with lawmakers Read More »

By Sarah Morland MEXICO CITY (Reuters) -U.S. construction materials firm Vulcan Materials Co said on Monday that Mexican security forces illegally took possession last week of its port terminal in southern Mexico, as an extended legal battle over its nearby limestone mining activities plays out. The incident took place last Tuesday night at the terminal …

US firm says Mexican authorities illegally seized its port terminal Read More »