By Michael S. Derby (Reuters) -Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central bank should have cut interest rates when it met this week, as it offered some support to those who’d favored an easing in borrowing costs. The Labor Department reported that nonfarm payrolls rose by …
Weakening US jobs market hits center of Fed rate policy debate Read More »
By Luciana Magalhaes and Gabriel Araujo SAO PAULO (Reuters) -Brazilian Supreme Court Justice Alexandre de Moraes, who is overseeing a criminal case against an ally of President Donald Trump, told a court session on Friday that he will continue to do his job and “ignore the sanctions” imposed by the United States that effectively block …
Brazil’s Justice Moraes ignores US sanctions, says he will continue doing his job Read More »
By Kylie Madry and Brendan O’Boyle (Reuters) -Former President Alvaro Uribe was convicted this week of abuse of process and bribery of a public official, and sentenced to 12 years of house arrest, making him the first ex-president in the country’s history to be found guilty at trial. While the former president’s conviction is unprecedented …
Factbox-Uribe joins list of former Latin American presidents with criminal convictions Read More »
By Gram Slattery WASHINGTON (Reuters) -President Donald Trump’s administration is actively discussing with Azerbaijan the possibility of bringing that nation and some Central Asian allies into the Abraham Accords, hoping to deepen their existing ties with Israel, according to five sources with knowledge of the matter. As part of the Abraham Accords, inked in 2020 …
Trump eyes bringing Azerbaijan, Central Asian nations into Abraham Accords, sources say Read More »
By Rajendra Jadhav MUMBAI (Reuters) – U.S. President Donald Trump on Thursday slapped a 25% tariff on Indian goods after prolonged talks that got bogged down over access to India’s labour-intensive agricultural sector, which New Delhi has pledged to protect. WHY IS INDIA OPPOSING THE PRODUCTS THE U.S. IS LOBBYING FOR? The United States is …
Why has India vowed to protect its farmers in the face of tariff threats? Read More »
By Sinead Cruise and Iain Withers LONDON (Reuters) -Britain’s Supreme Court will make a landmark ruling on Friday on car finance commissions that could lead to consumer claims of billions of pounds in compensation from banks and other finance firms. The judgment is expected after financial markets close in London on Friday. The Supreme Court …
Explainer-Does Britain face another multi-billion-pound consumer finance scandal? Read More »
By Marcelo Teixeira NEW YORK (Reuters) -The Trump administration’s steep import tariff on Brazilian coffee looks set to reshuffle trade routes for beans from the world’s top grower and exporter, benefiting China and incentivizing traders to look for indirect routes into the U.S. A 50% tariff on some Brazilian products, including coffee, will begin on …
BEIJING (Reuters) -Panama Ports Company (PPC) said on Friday that it will communicate with the Panama government at an appropriate time in the sale process of two key ports that it operates near the Panama Canal. “We affirm that we believe engagement with the Government of Panama is vital to discuss the way forward for …
Panama Ports says it will discuss ports sale with Panama government Read More »
BERLIN (Reuters) -German Chancellor Friedrich Merz on Friday said the European Union will negotiate with the United States on steel, focusing on quotas that can be exported without too high tariffs, after the two sides struck a trade deal last month. The EU’s trade deal with Trump in July was greeted with a mix of …
Germany’s Merz: will negotiate steel export quotas with US Read More »
By Gram Slattery and Ted Hesson WASHINGTON (Reuters) -The U.S. State Department is planning to spend up to $7.85 million to help Costa Rica deport immigrants, according to a document seen by Reuters, under an arrangement similar to a Biden-era program that drew criticism from migrant advocates. According to the document, the State Department will …
Exclusive-US plans to fund deportations from Costa Rica, document shows Read More »
