Sen. Andy Kim backs Kids Online Safety Act, citing rising mental health risks for youth
TRENTON, N.J. — U.S. Senator Andy Kim (D-NJ) expressed strong support for the Kids Online Safety Act in a letter to constituents this week, emphasizing the urgent need to increase protections for…
China’s rising clout spotlighted at finance chief meetings before G7 summit
By Tetsushi Kajimoto TOKYO (Reuters) – The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but…
Record U.S. crude exports, rising shale output boosts oil flow to Houston
By Arathy Somasekhar HOUSTON (Reuters) – Oil pipelines from the top U.S. shale field to Houston that have run half empty are filling again as rising output has absorbed most of the…
Small aerospace suppliers press for better protections against rising costs
By Allison Lampert, Abhijith Ganapavaram and Valerie Insinna MONTREAL/WASHINGTON (Reuters) – The CEO of Canadian aerospace supplier Abipa International would not negotiate further when a potential customer recently pressed for additional price…
Rising sol: Peru’s currency at year-high after shaking off protest impact
By Marco Aquino LIMA (Reuters) – In a country shaken by years of political volatility, Peru’s national currency has emerged as a mainstay of relative stability among Latin American foreign exchange markets,…
Amid Rising Antisemitism, Jews Are Embracing The Second Amendment
Amid Rising Antisemitism, Jews Are Embracing The Second Amendment Ailan Evans on May 7, 2023 As antisemitism continues to climb in the U.S., the Jewish community has turned to the Second Amendment…
Red metal rising: Argentina sets lofty sights on global copper top 10
By Lucila Sigal BUENOS AIRES (Reuters) – Argentina, known better for its Malbec than its mining, has its sights set on becoming a top ten copper producer by 2030, with an investor…
Australia’s NAB warns of end to windfall from rising rates
By Byron Kaye and Himanshi Akhand (Reuters) – National Australia Bank Ltd, the country’s No. 2 lender, fell short of analyst forecasts in half-year profit released on Thursday and took a hit…
UK food banks give out record amount as rising living costs drive hardship
LONDON (Reuters) – Britain’s biggest food bank network said the amount of emergency food parcels it distributed rose 37% to a record 3 million in the year to March as more people…
Modi’s BJP courts India’s rising election power: Women
By Rupam Jain NEW DELHI (Reuters) – Ranika Jaiswal’s family in Varanasi has boasted a string of officials in India’s ruling BJP party over the last four decades. Now she wants a…
Brazil inflation seen staying high in March on rising gasoline costs
By Gabriel Burin (Reuters) – Brazil’s inflation likely stayed high in March on rising gasoline bills, reigniting cost of living problems in the country’s stagnant economy and probably stoking more disagreement over…
ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation
ALFREDO ORTIZ: Once Again, Wages Are Rising Slower Than Inflation Alfredo Ortiz on April 7, 2023 It’s Bad Friday for American workers, as today’s jobs report reveals the labor market is finally…
‘Increasingly Under Siege’: How Interventionist Foreign Policy And A Rising China Threaten The Dollar’s Dominance
‘Increasingly Under Siege’: How Interventionist Foreign Policy And A Rising China Threaten The Dollar’s Dominance John Hugh DeMastri on April 7, 2023 Recent moves by the U.S. and foreign actors are increasingly…
World Bank cuts Pakistan’s GDP f’cast on rising rates, limited fiscal space
NEW DELHI (Reuters) – The World Bank sharply lowered Pakistan’s current year growth forecast, saying the country’s economic growth prospects have weakened due to tighter financial conditions and limited fiscal space. The…
Rising rates put pressure on U.S. insurers’ reserves, Fitch says
NEW YORK (Reuters) – Rising interest rates are eating into the reserves that U.S. life insurers must hold to deal with rate fluctuations, ratings agency Fitch Ratings said on Monday, creating an…
U.S. LNG exports back on rising track, reached record in March
By Marianna Parraga HOUSTON (Reuters) – U.S. producers of liquefied natural gas (LNG) last month regained momentum as the country’s second-largest exporter Freeport LNG ramped up output, sending total shipments to an…
Most Swedish mortgage borrowers have good buffers despite rising rates, FSA report says
STOCKHOLM (Reuters) -Swedish mortgage rates more than doubled for new mortgage borrowers in 2022 versus the previous year, but the majority of households still have good economic buffers, a report by the…
Rising bottled water consumption signals safe drinking water goal is under threat, says U.N. think tank
By Gloria Dickie (Reuters) – Surging global bottled water consumption reflects the failure by governments to improve public water supplies which is putting the U.N. sustainable development goal of safe drinking water…
Egypt February inflation seen rising to highest in more than 5 years
CAIRO (Reuters) – Egyptian urban consumer inflation will rise in February to its highest level in well over five years, a Reuters poll showed on Tuesday, following a series of devaluations in…
Factbox-Hold or hike? Latin American central banks’ wield rates to battle rising prices
MEXICO CITY (Reuters) – A stubborn surge of inflation has caused central banks worldwide to adapt monetary policy to protect people and businesses from price increases, with many raising interest rates in…
ECB survey sees moderating inflation, rising wage expectations
FRANKFURT (Reuters) – Inflation expectations among euro zone consumers dropped in January but expectations for wage growth continued to rise, adding to fears wage growth will slow efforts to control prices, a…
O’Scanlon: Murphy Should Explain Cuts in Municipal Aid & Delays in Assistance for Rising Health Care Costs that Will Drive Property Tax Increases
Sen. Declan O'Scanlon said Gov. Phil Murphy should explain cuts to municipal aid that appear in his budget proposal for next year, which will drive large property tax increases when paired with…
Modest Australia house price correction unfazed by rising rate expectations: Reuters Poll
By Vivek Mishra and Devayani Sathyan BENGALURU (Reuters) – Expectations for a 16% fall in Australian home prices from their peak have held steady despite growing expectations over the past few months…
Mexico’s Alsea profit slides as rising costs, exchange rate, taxes bite
MEXICO CITY (Reuters) -Mexican restaurant chain operator Alsea reported on Monday a 31% drop in its fourth-quarter net profit from a year earlier, hit by higher energy and raw materials costs and…
Falling gas costs, rising carbon prices spur change in fuel dynamics
PARIS (Reuters) – Falling gas prices over recent weeks have paired with rising coal and carbon costs to make European power generation from gas-fired power plants more economical, marking a trend reversal…
Bucco: Rising Electric Bills Show Risk of Murphy’s Plan to Electrify Everything
Sen. Anthony M. Bucco said statewide electricity rate hikes that will take effect this summer highlight the risk to consumers of Gov. Phil Murphy's extreme green energy plan that would phase out…
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