By Michael Martina WASHINGTON (Reuters) – Republican lawmakers on Tuesday urged the U.S. State Department not to renew a decades-old U.S-China agreement on scientific cooperation, arguing that Beijing would seek to use it to help its military. The deal, signed when Beijing and Washington established diplomatic ties in 1979 and renewed about every five years…
By James Davey and Sarah Young LONDON (Reuters) -British supermarket executives rejected allegations they were profiteering through a cost of living crisis on Tuesday, telling lawmakers they had taken a hit to profit by not passing onto consumers the full force of pricing pressures they face. Food prices started rising well over a year ago,…
By Gabriel Araujo SAO PAULO (Reuters) -Annual inflation in Brazil slowed further in early June, hitting its lowest in nearly three years as the central bank signaled it may start cutting interest rates at its next meeting if consumer prices stay tame. In Latin America’s largest economy, 12-month inflation reached 3.4% in mid-June, data from…
By Cassandra Garrison MEXICO CITY (Reuters) – Escalating tensions with farmers may prove a stumbling block for Mexico’s ruling party in next year’s elections, experts said, as resentment builds over low grains prices, a trade conflict with the U.S., and a perceived lack of government support. Elections in June 2024 will not only usher in…
By Jacqueline Thomsen MIAMI (Reuters) -A lawyer for Donald Trump aide Walt Nauta told a federal judge on Tuesday that he could not yet enter a plea in a case that accuses him of helping the former president hide national security documents because he still does not have local counsel. U.S. Magistrate Judge Edwin Torres…
By Lawrence Delevingne (Reuters) – * At least 100 members of the last sitting Congress aredirect descendants of ancestors who enslaved Black people,representing at least 8% of Democrats in Congress and 28% ofRepublicans. * The group includes Republican senators Mitch McConnell,Lindsey Graham, Tom Cotton and James Lankford, and DemocratsElizabeth Warren, Tammy Duckworth, Jeanne Shaheen and…
By Tom Lasseter, Lawrence Delevingne, Makini Brice, Donna Bryson and Tom Bergin WASHINGTON (Reuters) – As U.S. lawmakers commemorated the end of slavery by celebrating Juneteenth this month, many of them could have looked no further than their own family histories to find a more personal connection to what’s often called America’s “original sin.” In…
By Marcela Ayres BRASILIA (Reuters) -Brazil’s central bank signaled on Tuesday that a majority of its policymakers see a possibility of a “parsimonious” rate cut at its next meeting in August, provided that a more benign inflation scenario consolidates. The minutes of the June 20-21 meeting, where the rate-setting committee known as Copom kept the…
By Jane Lanhee Lee OAKLAND, California (Reuters) – Artificial intelligence and quantum computing startup SandboxAQ on Tuesday said it has won a U.S. government contract for military cyber security in a deal that includes Microsoft and Deloitte & Touche as subcontractors. The contract is with the Defense Information Systems Agency which provides global communications infrastructure…
By Ariba Shahid KARACHI, Pakistan (Reuters) – Pakistani Prime Minister Shehbaz Sharif said on Tuesday he hoped a bailout decision from the International Monetary Fund would come in a day or two, capping off protracted negotiations as the country faces an acute balance-of-payments crisis. Islamabad is racing against time to unlock $1.1 billion under the…
