By Valentyn Ogirenko and Gleb Garanich KYIV (Reuters) -Russia unleashed waves of air strikes on Kyiv overnight in what officials said was the largest drone attack of the city but crowds poured into the streets later on Sunday to celebrate the anniversary of the Ukrainian capital’s founding. Ukrainian military said it had downed 58 of…
(Reuters) -Boeing Co is working on a deal to sell at least 150 737 Max jetliners to Saudi Arabian startup Riyadh Air, Bloomberg News reported on Sunday. The new carrier, wholly owned by Saudi Arabia’s Public Investment Fund (PIF), is looking for about 300 to 400 single-aisle jets in total, the report said, citing people…
By Moira Warburton, Diane Bartz and Idrees Ali WASHINGTON (Reuters) -U.S. President Joe Biden on Sunday finalized a budget agreement with House Speaker Kevin McCarthy to suspend the $31.4 trillion debt ceiling until Jan. 1, 2025, and said the deal was ready to move to Congress for a vote. “This is a deal that’s good…
(Reuters) – (The story saying the Texas Senate on Sunday was set to begin deliberations to permanently remove from office Attorney General Ken Paxton is wrong and withdrawn. The secretary of the Senate’s office said no time has been set for the impeachment trial. There will not be a replacement story.) STORY_NUMBER: L1N37P09K STORY_DATE: 28/05/2023…
WASHINGTON (Reuters) – The debt ceiling deal that U.S. President Joe Biden and House Republican Kevin McCarthy agreed over the weekend adds new conditions to food aid that will impact one segment of the U.S. population specifically – GenXers with no dependents. The deal targets recipients of the Supplementary Nutrition Program, or SNAP, between the…
WASHINGTON (Reuters) – U.S. House Speaker Kevin McCarthy on Sunday said he expects a debt ceiling deal he struck with the White House to attract support from a majority of House Republicans. McCarthy told Fox News that more than 95% of House Republicans were very excited about the agreement and that it included pay-go restrictions…
WASHINGTON (Reuters) – The budget deal struck by President Joe Biden and House Speaker Kevin McCarthy to end a debt-limit crisis should not change the short-term abilities of tax collectors, according to White House officials. The deal would shift $10 billion each in fiscal years 2024 and 2025 in funding away the Internal Revenue Service,…
SEOUL (Reuters) – North Korea’s ruling party will hold a key meeting in early June to review the country’s economic plans, state media KCNA reported on Monday. The meeting will review the implementation of the country’s national economic plans in the first half of 2023 and discuss “policy issues of weighty significance” in the development…
(Reuters) -U.S. Senator Lindsey Graham disputed Russian criticism of his support for Ukraine on Sunday, saying he had simply praised the spirit of Ukrainians in resisting a Russian invasion with assistance provided by Washington. Graham, shown in a video clip of his meeting with Ukrainian President Volodymyr Zelenskiy in Kyiv on Friday, acknowledged his host’s…
By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets from Jamie McGeever. Optimism and relief are likely to be the dominant emotions for investors on Monday, giving markets in Asia a lift as lawmakers in Washington reached a tentative agreement on the U.S. debt ceiling, thus removing the risk of…
