By Andrea Shalal WASHINGTON (Reuters) – U.S. Treasury Secretary Janet Yellen on Tuesday warned that a default on government debt would likely leave millions of Americans without income payments, potentially triggering a recession that could destroy many American jobs and businesses. Yellen told a gathering of community bankers that the unprecedented economic and financial crisis…
By Renee Maltezou HERAKLION, Greece (Reuters) – Greek Prime Minister Kyriakos Mitsotakis told Reuters in an interview that he had learned to be bold on economic reform as he seeks re-election in a country that was once the euro zone’s problem child. The leader of the conservative New Democracy party hopes to win a second…
LONDON (Reuters) -Britain’s departure from the European Union has not been a failure, Prime Minister Rishi Sunak’s spokesperson said on Tuesday, rebuffing criticism from prominent eurosceptic politicians about how Brexit had been implemented. Nigel Farage, the British politician who helped force a Brexit referendum in 2016 and successfully campaigned to leave the European Union, said…
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Senior Tesla Inc executives will meet Indian government officials on Wednesday and Thursday to discuss local procurement of parts and other issues, a source with direct knowledge of the matter told Reuters. The electric carmaker’s renewed interest in India comes nearly a year after it…
By Elida Moreno PANAMA CITY (Reuters) -The number of U.S.-bound migrants who cross the dangerous jungle separating Panama and Colombia could rise to a record this year, according to a senior U.N. refugee official. The forecast for migrants crossing the Darien Gap on their way north comes as U.S. authorities have observed a recent drop…
By Aditya Kalra and Arpan Chaturvedi NEW DELHI (Reuters) -Pilots at India’s Go First face delays getting paid due to the airline’s bankruptcy process and want the government to allow them to take up new jobs without serving long notice periods, a group representing the pilots said in a letter seen by Reuters. In the…
By Anna-Catherine Brigida BUENOS AIRES (Reuters) – When Argentine trainee nursery teacher Lourdes, 24, went to the doctor in March seeking to end her pregnancy she was one of the first in the country to be prescribed abortion pill mifepristone after local regulators had approved it fully just weeks earlier. Argentina is the latest country…
By Foo Yun Chee BRUSSELS (Reuters) -Microsoft Corp won EU antitrust approval for its $69 billion acquisition of Activision on Monday, in a significant boost that could prompt Chinese and South Korean regulators to follow suit despite a British veto of the deal. The U.S. software giant still faces a battle to clinch the world’s…
By Andy Sullivan WASHINGTON (Reuters) – Americans are worried about the prospect of the U.S. government defaulting if Congress fails to raise the debt ceiling, but are divided over the action to be taken, according to a Reuters/Ipsos poll completed on Monday. The polls show neither Democratic President Joe Biden nor congressional Republicans hold a…
By Sam Jabri-Pickett (Reuters) – Canada’s oil hub of Alberta will hold an election on May 29, which is expected to be a tight race between incumbent United Conservative Party (UCP) leader and premier, Danielle Smith, and former premier and leader of the New Democratic Party, Rachel Notley. Here are the profiles of the two…
