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Israel launches heavy airstrikes in Damascus, vowing to protect Druze

DAMASCUS/JERUSALEM (Reuters) -Israel launched powerful airstrikes in Damascus on Wednesday, blowing up part of the defence ministry and hitting near the presidential palace as it vowed to destroy government forces attacking Druze in southern Syria and demanded they withdraw. The attacks marked a significant Israeli escalation against the Islamist-led administration of interim President Ahmed al-Sharaa. …

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Investors become inured to policy whiplash, Powell headlines cause limited reaction

By Saqib Iqbal Ahmed NEW YORK (Reuters) -Investors are becoming more measured in their reaction to news about Trump’s Washington policy, with Wednesday’s whipsawing headlines over Federal Reserve Chair Jerome Powell triggering a reaction that fell short of what could happen if the Fed chair was indeed fired. The S&P 500 briefly fell as much …

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Canada announces steel tariffs on some trade partners to protect domestic industry

(Corrects headline to add dropped word ‘steel’) By Divya Rajagopal TORONTO (Reuters) -Prime Minister Mark Carney on Wednesday said Canada will introduce a tariff rate quota for countries with which it has free trade agreements, excluding the United States, to protect the domestic steel industry.  A 50% tariff will apply to imports from these countries …

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US producer prices flat in June, but tariffs lift goods costs

By Lucia Mutikani WASHINGTON (Reuters) -U.S. producer prices were unexpectedly unchanged in June as a tariff-driven increase in the cost of goods such as communication and related equipment was offset by softening demand for travel services. The weakness in the cost of services, if sustained, offers hope that a tariff-induced flare-up in inflation will not …

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Lula’s approval ticks up in Brazil after Trump threatens tariffs, poll shows

SAO PAULO (Reuters) -Approval for Brazilian President Luiz Inacio Lula da Silva’s government rose for the first time this year, a new poll showed on Wednesday, after his U.S. counterpart Donald Trump announced a 50% tariff on imports from Brazil starting in August. The Quaest poll commissioned by brokerage Genial showed that 43% of those …

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Eswatini says it is holding U.S. deportees in prisons, aims to repatriate them

MBABANE (Reuters) -Eswatini’s government said on Wednesday that it was holding five third-country nationals deported from the United States in isolated prison units under a deal with President Donald Trump’s administration, but sought to eventually send them home. The U.S. Homeland Security Department said on Tuesday that a deportation flight carrying immigrants from five countries …

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WTO overhaul targets fairer trade, easier decision-making to end paralysis

(Adds dropped word ‘show’ in first paragraph) By Olivia Le Poidevin and Emma Farge GENEVA (Reuters) -World Trade Organization members are seeking to break years of paralysis in international trade negotiations, which have been sidelined by the Trump administration and risk becoming irrelevant, internal WTO documents seen by Reuters show. Trump’s sweeping tariffs have forced …

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Trump to meet Qatar’s PM as push for Gaza ceasefire deal continues

WASHINGTON (Reuters) -U.S. President Donald Trump will meet with Qatar’s Prime Minister Sheikh Mohammed bin Abdulrahman al-Thani on Wednesday, the White House said, as Trump presses for progress on a Gaza ceasefire and hostage-release deal. Israeli and Hamas negotiators have been taking part in the latest round of ceasefire talks in Doha since July 6, …

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Israeli research finds that when plants talk, insects listen

TEL AVIV (Reuters) -There is evidence that plants and insects interact through sound, researchers at Tel Aviv University said on Tuesday, opening a new frontier in the study of acoustic communication in nature. The study, published in the journal eLife, suggests that female moths detect ultrasonic distress signals emitted by dehydrated tomato plants and use …

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