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Angry Canada threatens to impose tariffs on U.S. goods over EV tax credit plan

By David Ljunggren OTTAWA (Reuters) -Canada dramatically hardened its tone with Washington in a dispute over proposed U.S. credits for electric vehicles on Friday, threatening to slap tariffs on a range of American goods unless the matter was resolved. In a letter to senior members of the U.S. Senate, Finance Minister Chrystia Freeland and Trade …

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Moderna asks investors to wait for full data on flu vaccine amid selloff

By Leroy Leo and Mrinalika Roy (Reuters) -Moderna Inc executives called on investors to wait for more data amid a sharp selloff in its shares on Friday, after early data showed its mRNA-based flu vaccine was no better than already approved shots in the market. The company’s shares tumbled 10% after its investor presentation showed …

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World powers test Iran’s commitment to talks, Tehran stays firm

By Francois Murphy, Parisa Hafezi and John Irish VIENNA (Reuters) -World powers and Iran were locked in talks on reviving their nuclear deal on Friday, with a European source saying they were working from texts discussed five months ago and Iranian officials saying they were sticking to a tough stance from last week. The talks …

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World powers test Iran’s commitment to talks, Tehran stays firm

By Francois Murphy, Parisa Hafezi and John Irish VIENNA (Reuters) -World powers and Iran were locked in talks on reviving their nuclear deal on Friday, with a European source saying they were working from texts discussed five months ago and Iranian officials saying they were sticking to a tough stance from last week. The talks …

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South Africa says no signal of increased Omicron severity yet

By Alexander Winning and Wendell Roelf JOHANNESBURG (Reuters) -South African scientists see no sign that the Omicron coronavirus variant is causing more severe illness, they said on Friday, as officials announced plans to roll out vaccine boosters with daily infections approaching an all-time high. South Africa alerted the world to Omicron late last month, prompting …

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Exclusive-Nicaragua embracing China to insulate against international sanctions – U.S. official

By Matt Spetalnick and Drazen Jorgic WASHINGTON (Reuters) -Nicaragua’s sudden diplomatic switch from Taiwan to China was part of efforts by President Daniel Ortega’s government to shield itself from recent international sanctions against Managua, a senior U.S. administration official said on Friday. The United States is also uncertain whether Honduras could follow suit and open …

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Michael Nesmith, musician and TV star of ‘The Monkees’ fame, dead at age 78

(Reuters) -Michael Nesmith, one of the stars of “The Monkees,” a 1960s TV comedy series about a rock quartet modeled after the Beatles, died on Friday of natural causes at the age of 78, his family said in a statement on his website. Nesmith, known for his trademark wool watch cap and quiet demeanor, was …

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‘Limited progress’ on medicines in UK-EU talks but no agreement, UK’s Frost says

LONDON (Reuters) -Britain’s Brexit minister David Frost said on Friday that further “limited progress” on the issue of medicines had been made in talks with the European Union on post-Brexit trade arrangements for Northern Ireland, but there was no agreement. The two sides have been in intensive talks to resolve difficulties over trade between Great …

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Ukrainian president does not exclude referendum on Crimea and Donbass

By Natalia Zinets KYIV (Reuters) -Ukraine’s President Volodymyr Zelenskiy on Friday said he did not exclude holding a referendum on the future status of war-torn eastern Ukraine and the Crimea peninsula annexed by Russia in 2014. Zelenskiy did not give detail on how and when a referendum could be held, but said it was one …

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GM eyes investments of more than $4 billion in Michigan EV plants

By David Shepardson and Paul Lienert (Reuters) – General Motors is considering investing more than $4 billion in two Michigan plants to boost its electric vehicle production capacity, according to sources and documents made public on Friday. GM has proposed building a $2.5 billion battery plant near Lansing with partner LG Energy Solution, the documents …

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