By Moira Warburton
WASHINGTON (Reuters) - A Black U.S. Republican lawmaker said his comments expressing nostalgia for the Jim Crow era were taken out of context after Democrats criticised his words as outrageous and ignorant.
Representative Byron Donalds, a second-term congressman and former candidate for House speaker, expressed nostalgia for the Jim Crow era - named after a series of laws that defined the height of racial segregation in... (continue reading...)
By Sergio Goncalves
LISBON (Reuters) - A Lisbon court on Thursday sentenced the former patriarch of the Espirito Santo banking family, Ricardo Salgado, to 6-1/4 years in prison for bribing former Economy Minister Manuel Pinho, who was sentenced to 10 years.
The case pre-dates the collapse of Banco Espirito Santo in 2014, for which Salgado has been the target of separate lawsuits.
Criminal court judge Ana Paula Rosa said... (continue reading...)
(Reuters) - The U.S. Food and Drug Administration (FDA) said on Thursday it was rescinding a June 2022 order that briefly blocked sale of Juul's products, including its device for e-cigarettes.
The latest move comes a few months after Juul sought an FDA authorization for new menthol-flavored pods meant to be used with its e-cigarettes device, which was under the agency's review. Altria Group is a former investor of the company.
The FDA... (continue reading...)
WASHINGTON (Reuters) - Ukraine's debt restructuring talks with bondholders and other creditors are 'on track,' with discussions continuing, International Monetary Fund spokesperson Julie Kozack said on Thursday.
Kozack told a regular news briefing that the IMF board would consider a staff-level agreement for the latest review of Ukraine's $15.6 billion IMF loan program in the coming weeks. The agreement, announced on May 31, would release a $2.2... (continue reading...)
By Jan Strupczewski
BRUSSELS (Reuters) - The Group of Seven countries and the European Union are considering how to use profits generated by Russian assets immobilised in the West to provide Ukraine with a large up-front loan now and secure Kyiv's financing for 2025.
BASIC CONCEPT
Around 260 billion euros of Russian central bank funds are frozen worldwide, most of it in the EU. The funds generate 2.5 billion-3.5 billion... (continue reading...)
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