Father, aunt helped indicted US Representative George Santos post bail

By Jonathan Stempel NEW YORK (Reuters) -George Santos’s father and aunt were identified on Thursday as the guarantors of the indicted U.S. representative’s $500,000 bail, after Santos fought unsuccessfully to keep them anonymous. Gercino dos Santos and Elma Preven agreed to guarantee Santos’ bail, after the first-term New York congressman pleaded not guilty last month…

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Trump’s push for new sex abuse trial is ‘magical thinking,’ Carroll says

By Luc Cohen NEW YORK (Reuters) -Donald Trump’s push for a new trial in the civil case in which a Manhattan jury last month found the former U.S. president had sexually abused and defamed the writer E. Jean Carroll is “magical thinking,” Carroll’s lawyers said on Thursday. Trump, the front-runner for the 2024 Republican presidential…

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US Senate advances Chile tax treaty, paving way for ratification

By Patricia Zengerle WASHINGTON (Reuters) – The U.S. Senate voted overwhelmingly on Wednesday to advance a tax treaty with Chile, paving the way for final approval of a pact seen as crucial for ensuring access for U.S. companies to lithium, a mineral essential for electric vehicle batteries. The agreement cleared a Senate procedural hurdle by…

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US banks push back as regulators prepare international capital hikes

By Pete Schroeder WASHINGTON (Reuters) -U.S. banks are pushing to soften a major regulatory proposal to hike bank capital requirements, worried it could prove too onerous, especially for lenders still reeling from the March banking crisis, according to six people briefed on the matter. Bank regulators led by the U.S. Federal Reserve are finalizing the…

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New orders and supply chain progress as Paris Airshow grapples with pandemic aftermath

By Tim Hepher, Valerie Insinna, Joanna Plucinska and Allison Lampert PARIS (Reuters) – The first Paris Airshow in four years has clocked up billions of dollars in commercial jet orders and offered some respite for suppliers as air travel springs back sharply from the pandemic. The industry returned to Le Bourget with high expectations of…

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Brazil’s Senate approves government’s new fiscal rules

BRASILIA (Reuters) -Brazil’s Senate on Wednesday approved fiscal rules proposed by President Luiz Inacio Lula da Silva’s government, considered vital in preventing a surge in public debt. The project received 57 votes in favor and 17 votes against. Since the senators modified the text that Brazilian deputies approved, it will require another round of voting…

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