BERLIN (Reuters) – Germany expects to post a deficit of 4.25% of gross domestic product (GDP) in 2023, up from a 2.6% deficit the previous year, according to finance ministry calculations published on Wednesday. Overall, the deficit is projected to be gradually reduced to about 0.75% of GDP by 2026. “In the crises of the…
A look at the day ahead in U.S. and global markets from Mike Dolan Just as markets were getting all antsy again about regional U.S. banks, Big Tech mega caps seem to have calmed the investment world with cloud-covered earnings beats and giddy talk of the quantum leap in artificial intelligence. After Tuesday’s bank stress…
By Bill Trott (Reuters) -Harry Belafonte, a singer, songwriter and groundbreaking actor who started his entertainment career belting “Day O” in his 1950s hit song “Banana Boat” before turning to political activism, has died at the age of 96. Belafonte died of congestive heart failure at his home in New York on Tuesday with his…
SEOUL (Reuters) – Possible U.S. presidential candidate Ron DeSantis called on Wednesday for greater cooperation with South Korea as he visited Seoul on the second leg of a trip seen aimed at burnishing his foreign policy credentials for a presidential run. DeSantis, in a meeting with Prime Minister Han Duck-soo, vowed support for South Korean…
By Luc Cohen, Jack Queen and Jonathan Stempel NEW YORK (Reuters) – E. Jean Carroll’s accusation that Donald Trump raped her was not a “he said, she said” dispute, a lawyer representing the writer told jurors on Tuesday as a civil trial over the former U.S. president’s conduct nearly three decades ago got under way….
(Reuters) -Two U.S. senators will introduce a bipartisan bill on Wednesday requiring the Supreme Court to create a code of conduct for its justices following recent media questions concerning the full disclosure of some financial activities, the Wall Street Journal reported. The bill being introduced by Angus King and Lisa Murkowski, called the Supreme Court…
(Reuters) -Montana Governor Greg Gianforte is seeking to broaden a bill that will ban not just TikTok, but other social media applications that provide certain data to foreign adversaries, the Wall Street Journal reported on Tuesday. Earlier this month, Montana lawmakers passed a bill, known as SB 419, to ban TikTok, which is owned by…
By Zeba Siddiqui SAN FRANCISCO (Reuters) – Ukraine is working with the U.S. Federal Bureau of Investigation and American companies to collect evidence of war crimes by Russians, such as geolocation and cellphone information, senior officials said on Tuesday. Ukrainian authorities are collecting digital information from battlefields and Ukrainian towns ravaged by the war since…
By David Morgan and Katharine Jackson WASHINGTON (Reuters) -A Republican bill authorizing a $1.5 trillion increase to the U.S. debt ceiling, coupled with deep spending cuts over a decade, hit a snag late on Tuesday, as a key committee delayed advancing the legislation to the full House of Representatives for debate and passage. The House…
BOGOTA (Reuters) -Colombia’s President Gustavo Petro has asked his cabinet ministers to resign ahead of a reshuffle, two sources told Reuters late on Tuesday, as the leftist leader said he had lost his majority coalition in Congress. Petro’s decision followed upset in Colombia’s House of Representatives after a debate on the president’s controversial health reform…
