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Dollar set for third week of gains as US debt talks loom large

By Hannah Lang WASHINGTON (Reuters) – The dollar was set for a third straight weekly gain on Friday, as markets raised bets on higher-for-longer interest rates and amid closely watched last-ditch talks on the U.S. debt ceiling. Apparent progress in the talks between President Joe Biden and top congressional Republican Kevin McCarthy helped ease investor …

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More insurers desert net-zero alliance as U.N. climate group sounds alarm

By Tommy Wilkes LONDON (Reuters) -Lloyd’s of London became the sixth organisation to quit a net-zero alliance for insurers within 36 hours on Friday, as a U.N.-backed coalition of financial groups warned about the fallout of “political attacks” on insurers in the United States. Lloyd’s joined Australia’s QBE Insurance in withdrawing from the Net-Zero Insurance …

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Trial Actually – actor Hugh Grant gets his day in court against Murdoch paper

By Sam Tobin LONDON (Reuters) – British actor Hugh Grant’s claims that journalists at the Sun used private investigators to tap his phone and burgle his house can proceed to trial, but his allegations about voicemail interception were made too late, London’s High Court ruled on Friday. Grant, alongside King Charles’ son Prince Harry, is …

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Cycling-British federation bars transgender women from competing in female category

(Note: Some readers may find language in paragraph 14 offensive) By Lori Ewing MANCHESTER, England (Reuters) – British Cycling became the latest sports governing body to ban transgender women from competing in the female category of competitive events on Friday, tightening its rules around participation to “safeguard the fairness” of the sport. Announced after a …

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Brexit to blame for a third of Britain’s food bill rise, researchers say

By James Davey LONDON (Reuters) – Britain’s departure from the European Union has accounted for about a third of the increase in food bills for households since 2019, equivalent to about 250 pounds ($316), researchers from the London School of Economics and other universities said. Britain has been battling inflation for over a year, partly …

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Anti-graft watchdog recalls award for Kenya’s chief prosecutor

NAIROBI (Reuters) – Anti-graft watchdog Transparency International has withdrawn an award it gave Kenya’s outgoing chief prosecutor, it said on Friday, accusing him of dropping high profile corruption cases. The Kenyan chapter of the global watchdog had awarded Noordin Haji its Integrity Award in 2019, saying he had led his office in prosecuting dozens of …

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Ghana power producers reject government bid to restructure $1.58 billion debt

By Maxwell Akalaare Adombila (Reuters) – Ghana’s independent power producers have rejected a government proposal to restructure $1.58 billion in arrears owed them by the state, the head of the group told Reuters on Friday, warning non-payment could lead to a shutdown of their operations. The West African nation aims to cut $10.5 billion in …

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Sudan army calls on ex-soldiers to re-enlist, sporadic fighting persists

By Nafisa Eltahir and Khalid Abdelaziz CAIRO/DUBAI (Reuters) -Sudan’s army called on Friday for reservists and retired soldiers to re-enlist, a move seemingly aimed at expanding its numbers amid a deadly conflict with a rival paramilitary and one that may fuel fighting despite a truce. The army initially said all retired soldiers and able men …

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