By Trevor Hunnicutt WASHINGTON (Reuters) -U.S. President Joe Biden may announce his re-election campaign by video as soon as Tuesday, two people familiar with the matter said on Thursday, setting the stage for a possible rematch with his Republican predecessor Donald Trump. A Tuesday announcement by Biden, 80, would come four years to the day…
By Richard Cowan WASHINGTON (Reuters) – U.S. House Speaker Kevin McCarthy has begun working in earnest to persuade his fellow Republicans to support a $1.5 trillion increase in the nation’s debt ceiling, amid early indications of a possible revolt in his thin majority. McCarthy faces the toughest test of his young speakership with a bill…
By Jason Xue and Summer Zhen SHANGHAI/HONG KONG (Reuters) – Chinese asset managers are rushing to launch funds to woo investors into state-owned firms, whose shares have surged this year as Beijing pushes the market to revalue the previously overlooked state sector. Shares of state-owned enterprises (SOEs) have risen sharply since November, when top securities…
CAIRO (Reuters) – Sudan’s paramilitary Rapid Support Forces (RSF) said it had agreed to a 72-hour truce on humanitarian grounds, effective from 6 a.m. (0400 GMT) Friday, offering a potential respite from a six-day military conflict with the Sudanese army. “The truce coincides with the blessed Eid Al-Fitr (Muslim holiday) … to open humanitarian corridors…
TOKYO (Reuters) – The Group of Seven (G7) countries are considering a near-total ban on exports to Russia, Kyodo news agency reported on Friday, citing Japanese government sources. Bloomberg news on Thursday also reported that the United States and Ukraine’s allies were considering “an outright ban on most exports to Russia”. That report said officials…
By Khalid Abdelaziz and Nafisa Eltahir KHARTOUM (Reuters) – U.N. Secretary-General Antonio Guterres appealed to Sudan’s warring factions to observe a ceasefire over the Muslim Eid al-Fitr holiday to allow civilians to reach safe areas as rival forces battled for a sixth day on Thursday. Thousands of civilians streamed out of the capital Khartoum as…
By Katharine Jackson WASHINGTON (Reuters) -The U.S. House of Representatives on Thursday passed a Republican bill intended to ban transgender women and girls from competing in women’s and girls’ school sports, delivering at least a short-term victory to social conservatives. The House passed the measure by 219-203 but it has little chance of passing the…
By Gram Slattery WASHINGTON (Reuters) – Mike Lindell, a prominent ally of former U.S. President Donald Trump, has been ordered to pay $5 million to a man who debunked Lindell’s false claims of election fraud, the plaintiff’s law firm said on Thursday. An arbitration panel ordered Lindell, the founder of pillow manufacturer My Pillow and…
By Jeff Mason WASHINGTON (Reuters) -President Joe Biden announced plans to increase U.S. funding to help developing countries fight climate change and curb deforestation in Brazil’s Amazon rainforest during a meeting on Thursday with leaders from the world’s largest economies. During a virtual meeting of the Major Economies Forum on Energy and Climate, Biden urged…
By Jeff Mason and Julia Symmes Cobb WASHINGTON (Reuters) – U.S. President Joe Biden praised Colombian President Gustavo Petro on Thursday for his country’s treatment of refugees from Venezuela and for his commitment to democracy and human rights. During a meeting at the White House, Biden said the United States and Colombia could deepen their…
