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Israel briefed White House official on plans to limit civilian harm in Rafah May 22, 2024 02:10PM

WASHINGTON (Reuters) - Israel updated White House national security adviser Jake Sullivan on its refined plans to minimize civilian harm in Rafah when he visited the region last weekend, he said on Wednesday.

"We now have to see what unfolds from here," Sullivan told a news briefing, referring to Israel's operation in the southern Gaza city. "What we're going to be looking at is whether there is a lot of death and destruction from this operation or if... (continue reading...)


Putin approves closure of American Express Russian business May 22, 2024 02:08PM

MOSCOW (Reuters) - Russian President Vladimir Putin has granted American Express Co the right to "voluntary liquidate" its Russian business, according to a decree published on the official website.

It is not specified in the decree how and when exactly the "liquidation" process will take place.

The future of American Express in Russia has been uncertain since March 2022, when the company suspended all operations in the country following... (continue reading...)


Fed officials held faith in disinflation at last meeting despite doubts, minutes show May 22, 2024 02:03PM

By Howard Schneider

(Reuters) - Even as they acknowledged disappointment over recent inflation readings, Federal Reserve officials at their last policy meeting indicated they still had faith price pressures would ease, if only slowly, according to the minutes of the U.S. central bank's April 30-May 1 session.

"Participants ... noted that they continued to expect that inflation would return to 2% over the medium term," the minutes said,... (continue reading...)


Analysis-Struggling economy awaits winner of British election May 22, 2024 01:57PM

By William Schomberg

LONDON (Reuters) - The winners of Britain's election on July 4 will have to tackle an economy that looks stuck in a rut of slow growth with high levels of debt limiting the next government's ability to spark a significant recovery.

After the blow dealt by the global financial crisis of 2007-09, the world's sixth-biggest economy has been buffeted by the 2016 decision to leave the European Union, the COVID pandemic and... (continue reading...)


Texas city to pay $2 million to families of school shooting victims May 22, 2024 01:45PM

(Reuters) -The city of Uvalde, Texas, has reached a $2 million settlement with most of the families of the children killed in a 2022 mass shooting at an elementary school, a lawyer for the families said at a news conference on Wednesday.

"The city of Uvalde has agreed to pay its insurance of $2 million, which is all that there was," Josh Koskoff said in announcing the agreement.

Nineteen children and two teachers were killed on May 24, 2022,... (continue reading...)


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