Pakistan calls in army to stop protest violence after ex-PM Khan’s arrest

By Gibran Naiyyar Peshimam, Asif Shahzad and Ariba Shahid ISLAMABAD (Reuters) -Pakistan’s government called in the army on Wednesday to help end deadly unrest in the wake of the arrest of former prime minister Imran Khan, warning protesters against any further attacks on state installations. At least five people have died in violence that has…

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Democratic US Senator Manchin says he will oppose all EPA nominees

By Valerie Volcovici WASHINGTON (Reuters) -Democratic U.S. Senator Joe Manchin said on Wednesday he would oppose all nominees for Environmental Protection Agency (EPA) posts until President Joe Biden’s administration halts what he described as its “radical climate agenda.” Manchin, who represents the coal-producing state West Virginia, delivered his ultimatum a day ahead of the EPA’s…

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US debt ceiling impasse pushes government credit default swaps to record high

By Davide Barbuscia NEW YORK (Reuters) -The cost of insuring exposure to U.S. government debt rose to fresh highs on Wednesday, as President Joe Biden and top lawmakers remained deadlocked in talks over raising the $31.4 trillion federal borrowing limit. Spreads on U.S. one-year credit default swaps (CDS) – market-based gauges of the risk of…

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