Analysis-China moves to shut a lifeline for cash-strapped local governments

By Jason Xue and Tom Westbrook SHANGHAI/SINGAPORE (Reuters) – Pressure is mounting on China’s cash-strapped local governments as authorities move to shut a private funding route for their financing arms, according to planned new rules and people familiar with their aims, raising credit risks and default worries. Beijing has been tightening rules on local government…

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Thousands march in Colombia against Petro’s reforms

BOGOTA (Reuters) – Thousands of anti-government demonstrators marched through Colombia’s major cities on Tuesday to protest the economic and social reforms pushed by the government of leftist President Gustavo Petro. Petro, who took office last August as Colombia’s first left-wing president, won election on promises to cut poverty and inequality and also roll out a…

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Biden says risks posed by AI to security, economy need addressing

By Trevor Hunnicutt and Kanishka Singh SAN FRANCISCO (Reuters) -The risks of artificial intelligence to national security and the economy need to be addressed, U.S. President Joe Biden said on Tuesday, adding he would seek expert advice. “My administration is committed to safeguarding Americans’ rights and safety while protecting privacy, to addressing bias and misinformation,…

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Indicted US Representative George Santos cannot keep bail guarantors anonymous

By Jonathan Stempel NEW YORK (Reuters) – The two people who guaranteed George Santos’ bail will have their names publicly revealed, a federal judge ruled on Tuesday as she rejected the indicted U.S. representative’s claim that disclosure could threaten the guarantors’ safety. U.S. District Judge Joanna Seybert in Central Islip, New York, said the names…

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Peru’s former prime minister detained on conspiracy charges

LIMA (Reuters) – Peruvian police arrested an ex-prime minister on Tuesday for allegedly conspiring against the state and joining an attempted “coup” by ousted former President Pedro Castillo, in the latest criminal case targeting a politician in the country. Former Prime Minister Betssy Chavez was detained at her home in the southern city of Tacna…

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US would have ‘deep concerns’ about China military activities in Cuba, Blinken says

LONDON (Reuters) – Secretary of State Antony Blinken said on Tuesday that the United States would have deep concerns about Chinese military activities in Cuba, after the Wall Street Journal reported that Beijing was planning a new training facility there. Speaking at a press conference in London after wrapping up a trip this week to…

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U.S. urges China military dialogue despite rebuff to Blinken

By Humeyra Pamuk BEIJING (Reuters) -The United States on Tuesday pressed its call for military communication channels with China and signalled concern over reports that China plans a military training facility in Cuba following Secretary of State Antony Blinken’s trip to Beijing over the weekend. Establishing military-to-military communications is essential to reduce frictions between the…

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Colombia government labor bill shelved after legislators fail to reach quorum

BOGOTA (Reuters) – A labor reform pushed by Colombia’s government was shelved on Tuesday after committee legislators in Congress’ lower house failed to reach a quorum in a scheduled first debate, dealing a major setback to leftist President Gustavo Petro. The reform aimed to reduce working hours and boost overtime pay to fight poverty. Critics…

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