Iran, Venezuela eye trade increase, sign petrochemical deal

By Deisy Buitrago and Vivian Sequera CARACAS (Reuters) -Iran and Venezuela want to increase bilateral trade to $20 billion, up from $3 billion, Iranian President Ebrahim Raisi said on Monday during a visit to Caracas. During the visit the two countries signed a memorandum of understanding to expand cooperation in petrochemicals with a view to…

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McCarthy, US House hardliners reach deal to allow votes

By David Morgan WASHINGTON (Reuters) -U.S. House Speaker Kevin McCarthy reached an agreement on Monday with an insurgent group of Republican conservative hardliners that will allow legislation to move forward this week, following a standoff that had paralyzed the chamber for days. But the lawmakers, including members of the ultra-conservative House Freedom Caucus, warned that…

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New Zealand’s national broadcaster probes ‘inappropriate editing’ of Ukraine war stories

By Lucy Craymer WELLINGTON (Reuters) -New Zealand’s national radio broadcaster has launched an investigation and put a staff member on leave after it said a series of news stories on its website about Russia’s invasion of Ukraine had been edited to present “a false account of events”. Radio New Zealand (RNZ), which is government-funded but has…

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EU chief sees Mercosur deal this year, Lula fears environmental sanctions

By Anthony Boadle BRASILIA (Reuters) -European Commission President Ursula von der Leyen on Monday said the EU hopes to finalize its long-delayed trade deal with the Mercosur bloc of South American countries by the end of the year at the latest. Brazilian President Luiz Inacio Lula da Silva, after meeting with von der Leyen, criticized…

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US Senate leaders unveil $107 billion aviation policy bill

By David Shepardson WASHINGTON (Reuters) -Leaders of the Senate Commerce Committee on Monday introduced a bipartisan aviation policy bill that would boost runway safety, track high-altitude balloons and prohibit airlines from charging fees for families to sit together. Senate Commerce Committee Chair Maria Cantwell, a Democrat, top Republican Ted Cruz and the aviation subcommittee leaders…

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Brazil’s market conditions open door to monetary policy shift, central bank chief says

BRASILIA (Reuters) -Brazil’s central bank chief, Roberto Campos Neto, indicated on Monday that an improvement in market conditions is paving the way for a shift in monetary policy, while more benign inflation has increased investor bets for earlier interest rate cuts. Speaking at an event hosted by IDV, a group that brings together major retailers…

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