Australian home prices climb for third straight month in May

SYDNEY (Reuters) – Australian home prices rose for the third consecutive month in May, with the pace of growth accelerating sharply as demand remained strong despite high mortgage rates, and the number of available homes nudged lower. Figures from property consultant CoreLogic released on Thursday showed national home prices surged 1.2% in May after rising…

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Tape recording shows Trump acknowledging he kept classified document on Iran -CNN

WASHINGTON (Reuters) – Federal prosecutors have a 2021 audio recording of former President Donald Trump acknowledging he kept a classified Pentagon document about a possible attack on Iran after leaving the White House, CNN reported on Wednesday. CNN did not listen to the recording but cited unidentified multiple sources describing it. Reuters was not able…

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Republican 2024 field gets crowded with Pence, Christie to announce bids

By Joseph Ax and Tim Reid (Reuters) – Former Vice President Mike Pence and former New Jersey Governor Chris Christie are planning to enter the race for the 2024 Republican presidential nomination next week in long-shot challenges to the dominance of front-runner Donald Trump. Christie, who advised Trump’s campaign in 2016 only to become a…

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UK has bigger inflation problem than US or euro zone – BoE’s Mann

By David Milliken LONDON (Reuters) – Britain has a bigger inflation problem than the United States or the euro zone, with both large headline price rises and growing signs of persistence in underlying pressures, Bank of England policymaker Catherine Mann said on Wednesday. Mann, who has been the BoE’s keenest advocate of interest rate increases…

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Brazil’s Lula cuts losses after setbacks on environment and Indigenous front

By Maria Carolina Marcello BRASILIA (Reuters) – Brazilian President Luiz Inacio Lula da Silva has suffered a major defeat over important legislation protecting the Amazon rainforest and the Indigenous people who live in it, and he has had to cut his losses in a conservative Congress. Lawmakers backed by the powerful farm lobby in this…

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