Updated

Renewing democracy is ‘defining challenge of our time,’ Biden tells summit

9 Dec 2021

By Simon Lewis and Humeyra Pamuk WASHINGTON (Reuters) -U.S. President Joe Biden gathered over 100 world leaders at a summit on Thursday and made a plea to bolster democracies around the world, calling safeguarding rights and freedoms in the face of rising authoritarianism the “defining challenge” of the current era. In the opening speech for …

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Treasury’s Yellen vows big push against corruption, new ‘kleptocracy fund’

9 Dec 2021

WASHINGTON (Reuters) -The U.S. Treasury Department must play a major role in combating corruption at home and abroad, Treasury Secretary Janet Yellen told President Joe Biden’s democracy summit on Thursday, unveiling a new “kleptocracy fund” to reward tips on where corrupt foreign leaders hid their money in the United States. She said the Treasury was …

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Minnesota prosecutor says cop flouted her training in killing Daunte Wright

9 Dec 2021

By Nathan Layne (Reuters) -A prosecutor said on Wednesday a white former Minnesota police officer on trial for killing Black motorist Daunte Wright flouted years of training by mistakenly using her pistol instead of her Taser, while the defense sought to blame the slain man for resisting arrest in a routine traffic stop. The dueling …

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U.S. and Israel ramp up pressure on Iran as diplomacy stalls

9 Dec 2021

By Phil Stewart WASHINGTON (Reuters) -The United States and Israel increased pressure on Iran on Thursday as nuclear talks stalled, with Israel’s visiting defense chief raising the issue of joint military readiness to be able to halt Iran’s nuclear aspirations, if necessary. Reuters exclusively reported https://www.reuters.com/world/exclusive-diplomacy-stutters-us-israel-discuss-military-drills-iran-scenario-us-2021-12-09 that Thursday’s U.S.-Israeli agenda was expected to include discussions …

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Analysis-Malaysia’s palm oil producers adjust to labour shortages, higher recruitment costs

9 Dec 2021

By Mei Mei Chu KUALA LUMPUR (Reuters) – Malaysia’s palm oil producers are racing to adjust to an acute shortage of workers due to the coronavirus and sharply higher costs of recruitment as they make changes in response to accusations of forced labour. The country, second only to Indonesia in palm oil production, has become …

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Exclusive-Bank of Canada to keep inflation target, shun big strategy shift -source

9 Dec 2021

By Steve Scherer OTTAWA (Reuters) – The Bank of Canada will leave its inflation target at 2% in a framework renewal, shunning a major shift in monetary policy strategy similar to the one adopted by the U.S. Federal Reserve last year, a source familiar with the process said on Thursday. The central bank and the …

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U.S. slaps sanctions on foreign officials for alleged corruption, El Salvador bristles

9 Dec 2021

By Simon Lewis and Nelson Renteria WASHINGTON/SAN SALVADOR (Reuters) – The U.S. Treasury Department on Thursday targeted foreign government officials and companies it accused of corruption, including senior figures in El Salvador and Guatemala involved in their countries’ COVID-19 responses. Thursday’s action, the latest in a series of sanctions announcements in the week of President …

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Former U.S. senator, presidential candidate Bob Dole lies in state in Capitol

9 Dec 2021

WASHINGTON (Reuters) -A casket bearing the remains of former U.S. Senator Bob Dole, a three-time Republican presidential candidate and decorated World War Two veteran, was placed in the Capitol’s Rotunda on Thursday as dignitaries gathered there for a memorial service. Dole served a combined 36 years in the House of Representatives and Senate and was …

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