U.S., G7 to unveil new sanctions targeting Russia over Ukraine

By Jeff Mason and Trevor Hunnicutt HIROSHIMA, Japan (Reuters) – The United States and the rest of the “Group of Seven” major economies will unveil new sanctions and export controls targeting Russia over its war against Ukraine, a U.S. official said ahead of a G7 summit in Japan. G7 leaders are gathering in Hiroshima on…

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Disney cancels plans for $1 billion campus, 2,000 jobs in Florida

By Dawn Chmielewski and Lisa Richwine LOS ANGELES (Reuters) -Walt Disney Co is scrapping plans to build a nearly $1 billion corporate campus in central Florida that would have housed 2,000 employees, according to an e-mail to employees on Thursday, against the backdrop of its ongoing legal battle with Florida Governor Ron DeSantis. Disney parks…

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Argentina president, protesters slam IMF debt, austerity as economy creaks

By Horacio Soria and Claudia Martini BUENOS AIRES (Reuters) – Argentine President Alberto Fernandez and protesters in Buenos Aires pushed back against the International Monetary Fund (IMF) on Thursday amid heightened tensions with the lender as the country faces nearly 109% inflation and dwindling dollar reserves. The South American grains producer, which has a strained…

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China, US commerce and trade chiefs to meet next week

By David Brunnstrom, Michael Martina and David Lawder WASHINGTON (Reuters) -China’s commerce minister will visit the United States next week for meetings with the commerce secretary and Washington’s top trade official, the Chinese embassy spokesperson in Washington said on Thursday, as the U.S. seeks engagement with Beijing to salve damaged ties. Liu Pengyu made the…

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UK to ban Russian diamonds at G7 in fresh round of sanctions

(Reuters) – Britain’s Prime Minister Rishi Sunak plans to announce a ban on Russian diamonds and imports of metals from Russia including copper, aluminium and nickel in support for Ukraine, his government said in a statement. Britain is also targeting an additional 86 people and companies from Russian President Vladimir Putin’s military industrial complex, in…

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Witnesses recount gunmen’s raid on church in Sudan’s capital

By Maggie Michael CAIRO (Reuters) -Over four terrifying hours last weekend, masked gunmen affiliated to one of Sudan’s warring factions raided one of Khartoum’s oldest churches, opening fire at church officials as they searched for cash, gold and women, two witnesses said. The raid was one of many targeting homes, factories, banks and places of…

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US Senator Feinstein still suffering complications from shingles, her office says

By Costas Pitas (Reuters) -U.S. Senator Dianne Feinstein, who returned to Washington last week after a months-long absence due to shingles, is continuing to suffer from a medical complication known as Ramsay Hunt syndrome, a spokesperson said on Thursday. Feinstein had also previously suffered encephalitis, her office said, after the New York Times reported on…

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