North Carolina Republicans reach agreement on 12-week abortion ban

By Sharon Bernstein (Reuters) – Republican lawmakers in North Carolina said on Tuesday they had reached agreement on a plan to limit most abortions to the first trimester of pregnancy, a sharp drop from the state’s current limit of 20 weeks gestation. If passed, the proposed legislation would reverberate beyond North Carolina, limiting options for…

Read More

US Senator Rubio seeks probe of Ford’s Chinese partnership on nickel plant

By David Shepardson WASHINGTON (Reuters) -U.S. Senator Marcio Rubio on Wednesday asked the Biden administration to investigate Ford Motor Co’s plan to partner with PT Vale Indonesia and China’s Zhejiang Huayou Cobalt in a $4.5 billion nickel processing plant in Indonesia. Rubio, who is the top Republican on the Senate Intelligence Committee, said the venture…

Read More

US stands with Philippines against Chinese ‘intimidation’ in S. China Sea – official

By Karen Lema (Reuters) – The United States stands with treaty ally the Philippines in the face of harassment by China’s coast guard in the South China Sea and remains deeply concerned about “intimidation” by Beijing, a senior U.S. official said on Tuesday. A visit to the United States this week by Philippine President Ferdinand…

Read More

U.S. Treasury official says June 1 default scenario is ‘best estimate’ but variable

WASHINGTON (Reuters) – The U.S. Treasury’s estimate that it could run short of cash to satisfy all U.S. payment obligations as early as June 1 is its “best estimate” based on recent tax receipts, Treasury Assistant Secretary for Financial Markets Joshua Frost said on Wednesday. He told a news conference after Treasury’s quarterly refunding announcement:…

Read More

Biden nominates four more judges in D.C., Michigan, Pennsylvania, Connecticut

WASHINGTON (Reuters) – President Joe Biden nominated another four federal judges on Wednesday, including two women of Asian descent who would be the first such U.S. judges on their court or in their state. The Senate, which Biden’s fellow Democrats narrowly control, must approve the candidates, who were nominated to posts in Michigan, Pennsylvania, Connecticut…

Read More

Yellen to travel to Japan for G7 finance ministers meeting

By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen will travel to Niigata, Japan next week to participate in the Group of Seven (G7) finance ministers and central bank governors meeting, the Treasury Department said on Wednesday. Treasury said Yellen would work with G7 partners to strengthen the global economy, including by coordinating…

Read More

Chile peso to hold stable as economic and political worries fade: Reuters poll

By Gabriel Burin BUENOS AIRES (Reuters) – The Chilean peso is set for a period of stability as economic and political worries continue to fade, validating the central bank’s decision to unwind an intervention program implemented last year to calm market turmoil, a Reuters poll showed. In July last year, the peso plunged to a…

Read More