By Olena Harmash and Ivan Lyubysh-Kirdey KYIV/KOSTIANTYNIVKA, Ukraine (Reuters) -Moscow acknowledged on Friday that its forces had fallen back north of Ukraine’s battlefield city of Bakhmut after a new Ukrainian offensive, in a retreat that the head of Russia’s Wagner private army called a rout. The setback for Russia, which follows similar reports of Ukrainian…
NEW YORK (Reuters) – Bond trading platform Tradeweb is in talks with clients, industry groups and other market participants about contingency plans in case of a U.S. debt default, a spokesperson said on Friday. Financial markets are jittery about the possibility that the U.S. Treasury could miss debt payments as President Joe Biden and top…
By Moira Warburton WASHINGTON (Reuters) – Lawmakers in the U.S. Congress should have their pay frozen until the fight over whether to increase the country’s debt ceiling is resolved, Democratic Representative Abigail Spanberger said in a letter on Friday. “If the American people and the American economy are suffering as a result of congressional…
By Jeff Mason WASHINGTON (Reuters) – President Joe Biden is expected to meet with Republican House Speaker Kevin McCarthy and other congressional leaders early next week to resume budget negotiations and resolve a looming default on the nation’s debt, White House spokesperson Karine Jean-Pierre said on Friday. The leaders had canceled a planned meeting on…
By John Irish and Francois Murphy PARIS/VIENNA (Reuters) – U.N. nuclear watchdog chief Rafael Grossi plans to present an agreement with Russia and Ukraine on protecting the Zaporizhzhia nuclear power plant to the U.N. Security Council this month, indicating a deal is close, four diplomats have told Reuters. International Atomic Energy Agency (IAEA) chief Grossi…
By Liliana Salgado and Ted Hesson YUMA, Arizona (Reuters) – Migrants gathered on both sides of the U.S.-Mexico border on Thursday hours before immigration restrictions known as Title 42 expire, with some rushing to cross ahead of tough new asylum rules that will replace a COVID-era order. U.S. Customs and Border Protection (CBP) has in…
WASHINGTON (Reuters) – A 17-year-old Honduran unaccompanied migrant teen died after being found unconscious in a Florida shelter on May 10, according to a notification to U.S. lawmakers from the U.S. Department of Health and Human Services (HHS) refugee office. The teen, Angel Eduardo Maradiaga Espinoza, had been placed by HHS on May 5 with…
By Valerie Volcovici and Timothy Gardner (Reuters) – The Biden administration’s plan to decarbonize the U.S. power sector envisions the first-ever large-scale use of carbon capture and green hydrogen over the next decade – raising questions about whether the climate-fighting technologies can rise to the challenge. The issue could emerge as a legal vulnerability for…
RIO DE JANEIRO (Reuters) -Republican U.S. congressman George Santos, who has Brazilian heritage, agreed to settle a lawsuit in which he was accused of bouncing checks to buy clothes in a Rio de Janeiro clothing store over a decade ago, a court in Rio said. Santos was indicted this week for fraud and money laundering…
By Alexandra Ulmer (Reuters) – Metals magnate and Republican donor Andy Sabin said he has soured on Florida Governor Ron DeSantis over his stance on abortion and Ukraine, and is now planning to back Senator Tim Scott instead in the 2024 Republican White House race. Sabin had been considering donating to DeSantis, who is expected…
