By Daina Beth Solomon CIUDAD JUAREZ, Mexico (Reuters) – Oriana Silva, a 30-year-old Venezuelan mother of two, was so determined to make it to the United States that she entered illegally and was expelled back to Mexico five times in seven months. Now, she is trying another way she hopes will be easier: the U.S….
(This May 11 story has been corrected to change some wording in the quote by Dr. Mafi in paragraph 15) By Deena Beasley (Reuters) – Wide coverage of Alzheimer’s drug Leqembi would raise future costs for the U.S. Medicare health plan by $2 billion to $5 billion a year, according to a study led by…
By Andrea Shalal NIIGATA, Japan (Reuters) -The risk of a U.S. payments default is adding to problems facing a slowing global economy, with rising interest rates and high debt levels already choking back investments needed to fuel greater output, World Bank President David Malpass said on Friday. Group of Seven (G7) finance officials meeting in…
By Daina Beth Solomon and Julio-Cesar Chavez CIUDAD JUAREZ, Mexico/EL PASO, Texas (Reuters) -The Biden administration began implementing a sweeping policy shift at the U.S.-Mexico border on Friday as a COVID-era order that had allowed the swift expulsion of many migrants expired and new asylum restrictions took effect amid confusion and uncertainty. Several last-minute court…
By David Shepardson WASHINGTON (Reuters) -A Norfolk Southern freight train that derailed near New Castle, Pennsylvania, on Wednesday night received an alarm several miles before the incident, according to preliminary findings released Friday by the National Transportation Safety Board (NTSB). The derailment of nine train cars was about 20 miles (32 km)from the site of…
By Jeff Mason and Arshad Mohammed WASHINGTON (Reuters) – U.S. President Joe Biden and Spanish Prime Minister Pedro Sanchez underscored their support for Ukraine in the war with Russia on Friday during a White House meeting that also touched on migration and defense cooperation. During a meeting in the Oval Office, Biden said that “together…
By Herbert Lash NEW YORK (Reuters) -The dollar rose on Friday but a gauge of global stocks retreated on a report that showed U.S. consumer sentiment slumped to a six-month low in May, reinforcing bearish investor sentiment over talks to raise the U.S. government’s debt ceiling. The dollar strengthened against the euro, yen and other…
WASHINGTON (Reuters) -U.S. Deputy Secretary of State Wendy Sherman, the country’s number two diplomat, said on Friday she will retire at the end of June after three decades in Washington’s foreign policy establishment. Sherman is the first woman to serve in her current role, in which she has headed up the Biden administration’s diplomacy with…
By Richard Cowan WASHINGTON (Reuters) – The Washington standoff over raising the U.S. government’s $31.4 trillion borrowing limit is adding to global economic worries, as a new non-partisan congressional report cited “significant risk” of a historic default within the first two weeks of June. The U.S. Congressional Budget Office report, issued Friday morning, confirms Treasury…
By Michael Erman and Bhanvi Satija NEW YORK (Reuters) -Pfizer Inc Chief Executive Albert Bourla called U.S. plans to negotiate drug prices for its Medicare health program “negotiation with a gun to your head” and said he expects drugmakers to sue in an attempt to halt the process. “It is not negotiation at all. It…
