New Zealand’s hot migration risks fanning inflation, forcing rates even higher

By Lucy Craymer WELLINGTON (Reuters) -Gastroenterologist Wesley Kasen arrived in Hawke’s Bay New Zealand in February with his wife Marnie, two kids and dog from Colorado. Their arrival filled a vacancy at the local hospital. The Kasens are part of a migrant boom helping to ease the country’s acute labour shortages – a relief for…

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Turkey’s Erdogan doesn’t flinch in fight for political life

By Orhan Coskun and Birsen Altayli ANKARA (Reuters) – With his two-decade rule in the balance, Turkish President Tayyip Erdogan has pulled out all the stops on the campaign trail as he battles to survive his toughest political test yet and shield his legacy from an emboldened opposition. Erdogan, the son of a sea captain,…

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Binance resumes Bitcoin withdrawals after temporary closure

(Reuters) – Crypto exchange Binance said that it has resumed Bitcoin withdrawals after a brief closure due to a congestion issue. Binance had paused withdrawal of Bitcoin, the world’s largest cryptocurrency, for more than an hour. Binance did not provide any further details on the issue. The world’s largest crypto exchange on March suspended deposits…

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World Food Programme to suspend aid to Palestinians due to funding shortage

By Nidal al-Mughrabi GAZA (Reuters) – The World Food Programme (WFP) will suspend food aid to over 200,000 Palestinians from next month due to a “severe” shortage of funds, the group’s senior official for the Palestinian territories said on Sunday. “In light of the severe funding shortages, WFP is forced to make painful choices to…

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Yellen warns of ‘constitutional crisis’ if Congress fails to act on debt

By Tyler Clifford and John Kruzel WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Sunday issued a stark warning that a failure by Congress to act on the debt ceiling could trigger a “constitutional crisis” that also would call into question the federal government’s creditworthiness. Yellen sounded the alarm over possible financial market consequences if…

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