White House, advocates slam Florida school’s ‘censorship’ of inauguration poem

By Sharon Bernstein and Steve Holland WASHINGTON (Reuters) – The White House and advocates on Wednesday decried a Florida school’s decision to remove the poem that celebrated author Amanda Gorman recited at President Joe Biden’s inauguration from the elementary school portion of its library, calling the move censorship. The poem by Gorman, who is Black…

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Clashes in Sudan’s capital shatter lull brought by ceasefire deal

By Khalid Abdelaziz and Nafisa Eltahir DUBAI (Reuters) -Clashes between rival military factions broke out on Wednesday in Sudan’s capital Khartoum, residents said, threatening to shatter a fragile ceasefire designed to allow for the delivery of aid and create conditions for a more lasting truce. The ceasefire deal, which is being monitored by Saudi Arabia…

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Ecuador’s Lasso seeks ‘national agreement’ in August elections

QUITO (Reuters) – Ecuador’s President Guillermo Lasso on Wednesday described coming early elections as an opportunity to unite the country as it grapples with gang violence and political instability after Lasso dissolved the legislature earlier in May. The embattled leader is governing by decree after invoking a constitutional mechanism on May 17 that dissolved the…

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Change in tone in U.S. debt talks could prompt rating action before default -Moody’s

By Davide Barbuscia NEW YORK (Reuters) – Rating agency Moody’s expects the U.S. government will continue to pay its debts on time, but public statements from lawmakers during the debt ceiling negotiations could prompt a change in its assessments of the U.S. credit outlook before a potential default, a senior analyst said. Investors use credit…

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US House China panel recommends Congress take action over Taiwan, Uyghurs

By Patricia Zengerle WASHINGTON (Reuters) -A new U.S. congressional committee on China approved reports on Wednesday pushing back on Beijing over its treatment of Uyghurs and other ethnic minorities and seeking to deter the initiation of a conflict with Taiwan, hoping some of its recommendations become law this year. Members of the Republican-led House of…

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Yellen: greater concentration among largest banks not desirable

WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Wednesday that seeing a greater concentration among the largest banks would not be desirable and she believes it is important to maintain a diverse banking sector. A mix of large banks, regional banks and mid-sized community banks would be the healthiest option, Yellen said. “Banks of…

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Ron DeSantis to make 2024 U.S. presidential bid official with Musk on Twitter

By James Oliphant WASHINGTON (Reuters) – Florida Governor Ron DeSantis is expected to make his long-awaited foray into the 2024 presidential race on Wednesday in an unusual manner – at an event with billionaire Elon Musk on Twitter. His entry changes the shape of the contest for the Republican nomination, as he likely will emerge…

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Explainer-What is Twitter Spaces where DeSantis will announce his presidential run?

By Tiyashi Datta (Reuters) – Florida Governor Ron DeSantis will announce on Wednesday he is entering the 2024 presidential race during a Twitter Spaces discussion with billionaire Elon Musk, the first time such an announcement will be made on social media. Musk and DeSantis will host the event on Twitter Spaces at 6 p.m. ET…

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UBS Chairman sees gain in customer balances following Credit Suisse rescue

By John Revill (Reuters) -UBS has been a net gainer in customer balances following its rescue of Credit Suisse, Chairman Colm Kelleher said on Wednesday, citing positive feedback from wealthy clients. Bank mergers can sometimes lead to turbulence, with clients withdrawing their cash, although this tended to happen very quickly, Kelleher told a WSJ event…

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