U.S. Treasury found no currency manipulation in 2022, downgrades Swiss scrutiny

By David Lawder WASHINGTON (Reuters) – The U.S. Treasury on Friday said it found that no major U.S. trading partners had manipulated their currencies for an export advantage, adding it ended “enhanced analysis” for Switzerland after the country met only one of three manipulation criteria. In its semi-annual currency report, the Treasury said that Switzerland…

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Explainer-What is Russia’s problem with the Black Sea grain deal?

(Reuters) – President Vladimir Putin said this month that Russia was considering withdrawing from the Black Sea grain deal as he accused the West of cheating Moscow because it still faced obstacles getting its own agricultural goods to world markets. Putin said he would discuss the future of the grain deal with visiting African leaders…

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Protests planned for Modi’s US visit over India’s human rights

By Kanishka Singh WASHINGTON (Reuters) -U.S. rights groups plan protests next week against Indian Prime Minister Narendra Modi’s state visit to Washington over what they call India’s deteriorating human rights record, even though experts do not expect Washington to be publicly critical of New Delhi. The Indian American Muslim Council, Peace Action, Veterans for Peace…

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Blinken, Singapore foreign minister share pessimism on situation in Myanmar

By Simon Lewis WASHINGTON (Reuters) – There has been no sign of improvement in the political situation in Myanmar since the 2021 coup, Singapore Foreign Minister Vivian Balakrishnan said following a meeting in Washington with U.S. Secretary of State Antony Blinken, who said he shared his counterpart’s pessimism. Singapore is a member of the Association…

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Exclusive-China’s Xi tells Bill Gates he welcomes U.S. AI tech in China-sources

HONG KONG (Reuters) -Chinese President Xi Jinping discussed the global rise of artificial intelligence with Bill Gates on Friday and said he welcomed U.S. firms including Microsoft bringing their AI tech to China, two sources familiar with the talks said. Xi also discussed Microsoft’s business development in China during their meeting in Beijing, one of…

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US senators urge regulator to change guidance on Massachusetts auto law

By David Shepardson (Reuters) -Two U.S. senators on Thursday urged the National Highway Traffic Safety Administration (NHTSA) to reconsider its decision to tell automakers not to comply with a recently effective Massachusetts state “right to repair” law designed to allow customers access to vehicle data. Massachusetts voters approved a 2020 ballot initiative to allow independent…

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U.S., Japan, Philippines discuss S China sea, North Korea

WASHINGTON (Reuters) – The national security advisers of the United States, Japan and the Philippines on Friday discussed regional security issues and ways to strengthen the trilateral alliance, they said in a joint statement. It was the first meeting between White House national security adviser Jake Sullivan and his counterparts, Akiba Takeo of Japan and…

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