Analysis-U.S. crypto lobbyists court Democrats in fresh legislative push

By Michelle Price WASHINGTON (Reuters) – Embattled by a U.S. Securities and Exchange Commission (SEC) crackdown, crypto companies are making a renewed push on Capitol Hill to drum up support for legislation they hope will rein in the agency and provide regulatory clarity for the industry. The Blockchain Association, Chamber of Digital Commerce, Crypto Council…

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Court reinstates Tennessee ban on care for transgender youth

WASHINGTON (Reuters) – A Tennessee law prohibiting doctors from providing medical care such as puberty-blockers and gender affirming surgery for transgender minors can go into effect immediately, a U.S. appeals court ruled Saturday. The U.S. Court of Appeals for the Sixth Circuit said advocacy groups that had challenged Tennessee’s law could not show they were…

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India inflation likely rose to 4.58% in June on higher food prices: Reuters poll

By Milounee Purohit and Anant Chandak BENGALURU (Reuters) – India’s inflation likely snapped a four-month decline in June as food prices surged, a Reuters poll of economists found, making a cut in interest rates unlikely any time soon, while the Reserve Bank of India is also expected to resist pressure to raise rates. “We believe…

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China kindergarten attack kills six, sparks safety worries

BEIJING (Reuters) – A 25-year-old man was suspected of attacking a kindergarten in China’s Guangdong province on Monday, killing six people and injuring one, triggering an outpouring of concern about violence against children at school. Media reported the attack in Lianjiang county in the southern province was a stabbing. The suspect, with the surname Wu…

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Soaring vegetable prices may tip India’s delicate inflation balance -economists

MUMBAI (Reuters) – A steeper-than-expected surge in the prices of vegetables, especially tomatoes, over the past few weeks could push India’s retail inflation towards 5.5% in the July-September quarter, at least three economists said. The country’s inflation eased to between 4% and 5% in April and May, inching towards the central bank’s 4% target, and…

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US, Ukraine’s top diplomats hold ‘important’ call before NATO summit

(Reuters) – U.S. Secretary of State Antony Blinken and Ukraine’s Foreign Minister Dmytro Kuleba said late on Sunday they held a phone call to discuss this week’s NATO summit and Kyiv’s counteroffensive campaign to reclaim land taken by Russia. “I had an important discussion with Ukrainian Foreign Minister Dmytro Kuleba today ahead of this week’s…

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