Biden warns of recession unless Republicans back his debt ceiling plan

By Nandita Bose VALHALLA, N.Y. (Reuters) -U.S. President Joe Biden piled pressure on Republican lawmakers on Wednesday to move quickly to raise the country’s $31.4 trillion debt ceiling or risk throwing the U.S. economy into a recession that would kill thousands of jobs. “We’ve got to fight. We’re going to win this fight,” Biden said…

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Battles shake Sudan’s capital, ceasefire talks reported to make progress

By Khalid Abdelaziz and Aidan Lewis DUBAI (Reuters) – Fighting in Sudan’s capital escalated on Wednesday with fierce clashes and air strikes, but rival military factions were reported to be close to a ceasefire agreement in talks in Saudi Arabia. Residents reported ground battles in several neighbourhoods of Khartoum between the army and the paramilitary…

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Disney CEO questions continued Florida investment in clash with DeSantis

By Dawn Chmielewski and Lisa Richwine (Reuters) -Walt Disney Co Chief Executive Bob Iger on Wednesday accused Florida politicians of retaliating against the company and questioned the state’s interest in the entertainment conglomerate’s continued investment in Walt Disney World. Disney has accused Florida Governor Ron DeSantis and his supporters of “weaponizing” the state government to…

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Nutrien cuts earnings forecast after quarterly profit misses estimates

(Reuters) -Nutrien Ltd on Wednesday cut its forecast for 2023 earnings as elevated fertilizer prices owed to Western sanctions on Russia and Belarus weigh on demand. U.S.-listed shares of the company fell 3.9% in extended trading as it also reported a lower-than-expected quarterly profit. Though fertilizer prices have dipped from record highs scaled last year,…

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