China and Brazil reset ties with tech, environment accords, agree on Ukraine

By Ethan Wang, Ryan Woo and Lisandra Paraguassu BEIJING/BRASILIA (Reuters) – Brazil reset its diplomatic ties with China, its largest trading partner, with a state visit on Friday where they agreed to boost investments and cooperation on technology and sustainable development, while urging peace talks in Ukraine. Brazilian President Luiz Inacio Lula da Silva and…

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EU’s Dombrovskis sees some progress on steel, battery minerals talks with U.S

By David Lawder WASHINGTON (Reuters) -European Commission Executive Vice President Valdis Dombrovskis said on Friday that the bloc wants to move quickly on a trade agreement with the United States for electric vehicle battery minerals and was optimistic on reaching a green steel and aluminum pact with Washington by October. Dombrovskis, the EU’s top trade…

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Factbox-Jack Teixeira: Who is the man arrested over leaked Pentagon documents?

WASHINGTON (Reuters) – Jack Douglas Teixeira was arrested on Thursday for allegedly leaking a trove of highly classified documents online. Here is what we know about him. FAMILY BACKGROUND The 21-year-old was arrested by a team of heavily-armed FBI agents at his mother and stepfather’s house in North Dighton in Massachusetts on Thursday, and appeared…

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U.S. arrests 21-year-old National Guardsman for online intelligence leaks

By Ross Kerber and Sarah N. Lynch DIGHTON, Massachusetts (Reuters) – The FBI on Thursday arrested Jack Douglas Teixeira, a 21-year-old member of the U.S. Air National Guard, over the leaks online of classified documents that embarrassed Washington with allies around the world. Federal agents in an armored car and military gear swooped in on…

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US charges El Chapo sons, Chinese businessmen with fentanyl trafficking

By Katharine Jackson and Luc Cohen (Reuters) – The United States has charged leaders of the Mexico-based Sinaloa Cartel with running a fentanyl trafficking operation fueled by Chinese chemical and pharmaceutical companies, U.S. Attorney General Merrick Garland said on Friday. Three sons of Joaquin “El Chapo” Guzman, the onetime leader of the Sinaloa Cartel now…

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JPMorgan sees Turkey lira diving towards 30 per dollar after elections

By Marc Jones LONDON (Reuters) – Turkey’s lira is likely to drop sharply and could near 30 to the dollar following next month’s elections, bankers at JPMorgan have predicted, if it looks like only modest changes will be made to its unorthodox economic policies. Turkey’s tightly contested presidential and parliamentary elections on May 14 are…

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Russia raises 2023 GDP growth forecast, longer-term outlook worsens

By Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) -Russia’s economy ministry revised higher on Friday its 2023 gross domestic product (GDP) forecast to 1.2% growth from a 0.8% contraction, but lowered its forecast for 2024, mirroring a wider trend that envisages more sluggish longer term prospects. The International Monetary Fund this week also raised its…

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U.S. imposes sanctions on Chinese companies in action over fentanyl

WASHINGTON (Reuters) – Washington on Friday imposed sanctions on two entities based in China, accusing them supplying precursor chemicals to drug cartels in Mexico for the production of illicit fentanyl intended for the United States, the U.S. Treasury Department said in a statement. The Treasury said it also designated five people based in China and…

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Ukraine bars its national teams from events with Russians, Belarusians

By Max Hunder KYIV (Reuters) -Ukraine barred its national sports teams from competing in Olympic, non-Olympic and Paralympic events which include competitors from Russia and Belarus, the sports ministry said in a decree on Friday. Ukraine’s deputy sports minister, who signed off on the move, told Reuters in an interview that it was a “bad…

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