US Trade Rep Tai exchanges objections with China’s commerce minister in Detroit meeting

By David Lawder DETROIT (Reuters) -U.S. Trade Representative Katherine Tai raised complaints about China’s state-led economic policies during a meeting on Friday with Chinese Commerce Minister Wang Wentao, who objected to U.S. tariffs and trade policies, their offices said. But statements from the U.S. Trade Representative’s office and China’s Commerce Ministry both emphasized the need…

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Mexican officials find 175 migrants in truck near southern border

MEXICO CITY (Reuters) – Mexican authorities found 175 migrants, mostly from Guatemala, crowded into a truck trailer in the southern state of Chiapas, the National Migration Institute (INM) said on Friday, in the latest mass human smuggling incident to be detected in the country. Immigration agents heard yells and banging coming from inside the vehicle…

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Brazil’s Haddad argues country is ready for interest rate cuts

SAO PAULO (Reuters) -Brazil Finance Minister Fernando Haddad on Friday said the country is about to enter a downward cycle of interest rates, pointing out that inflation is “more behaved.” “We are about to.. have a downward cycle of interest rates. Inflation is more behaved,” Haddad said in an interview with local broadcaster GloboNews. “Long-term…

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Twitter cannot hide from EU rules after exit from code, EU’s Breton says

By Foo Yun Chee BRUSSELS (Reuters) – Twitter cannot run away from its obligations even after quitting a voluntary EU code of practice to tackle disinformation, EU industry chief Thierry Breton warned the company late on Friday. Companies which signed up to the code are required to provide regular progress reports with data on how…

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Treasury’s Yellen says June 5 is last date for debt ceiling to be raised

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen on Friday set a deadline for raising the federal debt limit, saying the government would default if Congress does not increase the $31.4 trillion debt ceiling by June 5. Yellen had previously said a default could potentially happen as early as June 1, but is now characterizing June…

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Winklevoss twins’ exchange seek dismissal of SEC lawsuit over Gemini Earn

By Jonathan Stempel (Reuters) – An exchange run by the twins Tyler and Cameron Winklevoss on Friday asked a U.S. judge to dismiss a Securities and Exchange Commission lawsuit claiming it illegally sold unregistered securities in a program that promised high interest rates to hundreds of thousands of investors. Gemini Trust Co’s request was filed…

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EU to send human rights envoy to Cuba, but will not ‘impose’ demands

By Dave Sherwood HAVANA (Reuters) – The European Union will send a special human rights envoy to Cuba this year to discuss the aftermath of anti-government protests in July 2021, but the EU’s top diplomat said it will not “impose” demands on the Communist-run Caribbean nation. EU foreign policy chief Josep Borrell, on a visit…

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US Jury Says Google Owes Sonos $32.5 Million In Smart-speaker Patent Case

By Blake Brittain (Reuters) – Alphabet Inc’s Google must pay $32.5 million in damages for infringing one of smart-speaker maker Sonos Inc’s patents in its wireless audio devices, a San Francisco federal jury decided on Friday. The case is part of a sprawling intellectual property dispute between the former collaborators that includes other lawsuits in…

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Championship women’s college basketball player faints, wheeled out at White House event

WASHINGTON (Reuters) -Medical personnel were rushed into the East Room of the White House on Friday when a member of collegiate championship-winning Louisiana State University women’s basketball team fainted at an event to honor the team. U.S. President Joe Biden called for year-round support for women’s sports when the player, who was standing in the…

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