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Violence in Mexican state of Sinaloa continues one year after ‘El Mayo’ Zambada’s arrest in US

Culiacan, Mexico (Reuters) -The street vendor said the few tourists who still visit Culiacan no longer look for posters of drug lord Joaquin “El Chapo” Guzman and accused drug kingpin Ismael “El Mayo” Zambada, once the Mexican city’s most famous residents. The posters, which for years were in high demand, have become symbolic of a spike …

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Analysis-Trump unlikely to enforce tariff threat on Russian oil

By Timothy Gardner WASHINGTON (Reuters) -U.S. President Donald Trump is unlikely to follow through on his threat to place 100% tariffs on countries that buy Russian oil because it would worsen politically-damaging inflation pressures and his similar threat against buyers of Venezuelan oil has had limited success, especially in China. Trump said this month he …

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Syria, US and France hold ‘frank’ talks, urge success of Syria’s transition

DUBAI (Reuters) -Syria’s foreign minister held frank and productive talks with the United States and France at which they said on Friday they underlined the importance of ensuring the success of Syria’s political transition, unity and territorial integrity. Syrian Foreign Minister Asaad Al-Shibani, French Foreign Minister Jean Noel Barrot and U.S. Special Envoy for Syria …

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Explainer-Why is France recognising Palestinian statehood and who else has?

PARIS (Reuters) – French President Emmanuel Macron has announced he will recognise Palestinian statehood, drawing angry rebukes from Israel and the United States and opening the door for other major nations to potentially like Britain and Canada to perhaps follow suit. Below are some details about Macron’s announcement, driven by a rising global outcry over …

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Serious safety violations found at Russian airline a month before fatal crash, Izvestia says

MOSCOW (Reuters) -A spot check on Angara Airlines, which operated the Antonov An-24 plane which crashed in Russia’s far east on Thursday killing all 48 on board, had uncovered serious safety violations a month beforehand, the Izvestia news outlet reported on Friday. The plane, which was 49 years old, crashed as it prepared to land, …

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Investors weigh market impact of possible early Powell exit

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Uncertainty over Federal Reserve Chair Jerome Powell’s tenure is prompting investors to assess potential market reactions should there be an premature change in leadership at the U.S. central bank. President Donald Trump has repeatedly criticized Powell for not cutting U.S. rates quickly enough. He has frequently raised the …

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Five former Hockey Canada players found not guilty in sexual assault trial

By Frank Pingue (Reuters) -Five former players on Canada’s 2018 world junior ice hockey team have been found not guilty of sexually assaulting a woman in a hotel room that year, a judge said on Thursday. The charges against Michael McLeod, Alex Formenton, Dillon Dube, Carter Hart and Cal Foote stemmed from an encounter in …

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US prepares to allow limited oil operations in Venezuela, starting with Chevron, sources say

By Marianna Parraga, Matt Spetalnick and Timothy Gardner HOUSTON/WASHINGTON (Reuters) -The United States is preparing to grant new authorizations to key partners of Venezuela’s state-run PDVSA, starting with Chevron, to allow them to operate with limitations in the sanctioned OPEC nation and swap oil, five sources close to the matter said on Thursday. If granted, …

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IMF reaches staff-level agreement for $2 billion disbursement to Argentina

(Refiles to correct day of week to Thursday in last paragraph) (Reuters) -The International Monetary Fund said on Thursday it has reached a staff-level agreement on the first review of its extended fund facility with Argentina, potentially unlocking about $2 billion for the economically embattled Latin American nation. The executive board meeting for the review, …

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Syrian, Israeli officials discuss de-escalation in Paris meeting, US envoy says

(Reuters) -Syrian and Israeli officials spoke about de-escalating the situation in Syria during U.S.-mediated talks in Paris on Thursday, U.S. envoy Tom Barrack said. “Our goal was dialogue and de-escalation, and we accomplished precisely that,” Barrack said in a statement on social media website X. “All parties reiterated their commitment to continuing these efforts,” he …

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