TBILISI (Reuters) - A senior U.S. diplomat said on Tuesday that if a law approved by Georgia's parliament on "foreign agents" went ahead without complying with European Union norms, Washington's relationship with the South Caucasus state would be at risk.
U.S. Assistant Secretary of State James O'Brien said all aid from Washington to Georgia would be under review if the United States was viewed by the country's authorities as an adversary and not a... (continue reading...)
By Nupur Anand
NEW YORK (Reuters) - Almost 50 U.S. lenders could fail in the coming years under pressure from higher interest rates and operational problems, Nomura analyst Greg Hertrich told reporters at the company's New York office on Tuesday.
The collapses of three U.S. banks last year -- Silicon Valley, Signature and First Republic -- sparked worries about the financial health of regional lenders.
Profits at smaller... (continue reading...)
MEXICO CITY (Reuters) - Former Mexico City Mayor and ruling party candidate Claudia Sheinbaum held a comfortable, albeit slightly narrower lead over her closest rival ahead of the nation's elections less than three weeks away, a poll showed on Tuesday.
Sheinbaum, a close ally of President Andres Manuel Lopez Obrador running under his leftist National Regeneration Movement (MORENA) party's ticket, holds nearly 49% of the vote, the poll by consulting... (continue reading...)
By Lewis Krauskopf
NEW YORK (Reuters) - Investors’ newfound optimism on the U.S. economy faces an important test on Wednesday, with consumer price data set to show whether the soft landing hopes that have fueled recent gains in equities are justified.
Investors’ resurgent appetite for equities has driven the S&P 500 back near record highs. Meanwhile, eye-popping rallies in shares of GameStop and other so-called meme stocks suggests... (continue reading...)
By Maytaal Angel and Nayera Abdallah
JERUSALEM (Reuters) - Israel said on Tuesday that it was up to Egypt to reopen the Rafah Crossing and allow humanitarian relief into the Gaza Strip, prompting Cairo to denounce what it described as an attempt to shift the blame for the blockage of aid deliveries.
The Rafah Crossing is on the border between Egypt and southern Gaza, and has been a vital route for aid going into the coastal territory.
... (continue reading...)More Reuters
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