Mexico still has ‘differences’ with U.S. on air safety rating, president says

By Kylie Madry and David Shepardson MEXICO CITY/WASHINGTON (Reuters) -The U.S. and Mexico still have “differences” of opinion regarding Mexico’s recovery of a coveted air safety rating, Mexico’s president said on Thursday. The U.S. Federal Aviation Administration (FAA) downgraded Mexico to the Category 2 air safety rating more than two years ago, citing safety concerns….

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Factbox-What are governments doing to ease inflation pain?

(Reuters) – Pandemic-related disruptions to global supply chains and the effects of Russia’s war in Ukraine have driven up prices of energy, commodities and other necessities. Here’s how governments are trying to help hard-hit consumers and companies: AMERICAS: * U.S. President Joe Biden’s drug pricing reform, part of the Inflation Reduction Act, penalises drugmakers for…

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China: ‘Hacker empire’ US is ‘spreading rumours’ with talk of Cuba spy station

BEIJING (Reuters) – China’s foreign ministry on Friday said “spreading rumours and slander” is a common tactic of “hacker empire” the United States, after a media report that China has reached a deal with Cuba to set up an electronic eavesdropping facility on the island. Citing U.S. officials familiar with classified intelligence, the Wall Street…

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China to build spy base in Cuba, WSJ says; US and Cuba cast doubt on report

By Matt Spetalnick and Dave Sherwood WASHINGTON/HAVANA (Reuters) -China has reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island roughly 100 miles (160 km) from Florida, the Wall Street Journal said on Thursday, but the U.S. and Cuban governments cast strong doubt on the report. Such a spy installation…

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Brazil Lula’s central bank nominees to sit out next rate decision

BRASILIA (Reuters) – President Luiz Inacio Lula da Silva’s first nominees for top positions in Brazil’s central bank will not be involved in the upcoming interest rate decision on June 21 because their names will not be submitted for necessary approval by the Senate until the following week. The Senate’s Economic Affairs Committee announced on…

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Two senators propose to bar US FAA from using Chinese drones

By David Shepardson WASHINGTON (Reuters) – Two U.S. senators said on Thursday they had proposed barring the Federal Aviation Administration from buying or using Chinese-made drones. Senator Marsha Blackburn, a Republican, and Senator Mark Warner, a Democrat who chairs the Intelligence Committee, proposed legislation that would also prohibit the FAA from providing federal funds to…

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Mexico president puts unity first to broker compromise in succession race

By Dave Graham MEXICO CITY (Reuters) – Mexican President Andres Manuel Lopez Obrador this week intervened in the increasingly fractious race to succeed him, a move party insiders said was aimed at warding off potential division and protecting the commanding political power base he has built. Under pressure for months from Foreign Minister Marcelo Ebrard…

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