Japan downgrades Q4 GDP, US tariffs cloud outlook

By Satoshi Sugiyama TOKYO (Reuters) -Japan’s economy expanded in the October-December quarter at a slower pace than initially reported, weighed by weaker consumption but still likely supporting the case for further interest rate hikes. At the same time, government officials and analysts expressed concern about risks from U.S. President Donald Trump’s tariff policies and soft…

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Judge will not order Trump administration to restore canceled foreign aid contracts

By Brendan Pierson (Reuters) -A federal judge on Monday declined to order President Donald Trump’s administration to restore thousands of foreign aid contracts and grants that have been canceled since the president took office, though he found that the administration must speed up payments of close to $2 billion for already completed work. The ruling…

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South Korean police prepare for ‘worst-case scenarios’ ahead of Yoon impeachment ruling

By Ju-min Park SEOUL (Reuters) – Police will be out in force, and subway stations and at least one school will be closed over safety concerns when South Korea’s Constitutional Court rules whether to oust or reinstate impeached President Yoon Suk Yeol. Yoon’s political fate hangs in the balance after his short-lived martial law decree…

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