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Pentagon sees no change in Russia's strategic nuclear force posture May 6, 2024 01:45PM

WASHINGTON (Reuters) - The Pentagon has not seen a change to Russia's disposition of its strategic nuclear forces, it said on Monday, despite what it called "irresponsible rhetoric" from Moscow detailing plans for exercises involving the deployment of tactical nuclear weapons.

Russia said on Monday it would hold military drills that will include practicing the deployment of tactical nuclear weapons after what Moscow said were threats from France,... (continue reading...)


Video streaming services see downloads, active users drop in April, BofA report shows May 6, 2024 01:42PM

(Reuters) - Video streaming services saw a drop in downloads and active users during April, a research note by Bank of America showed on Monday, citing data from Sensor Tower, likely pressured by heated competition in the segment and an uncertain economic outlook.

Across all video streaming services, including Netflix, Paramount and Walt Disney, downloads and monthly active users (MAU) declined 4% in aggregate, according to the note.

WHY... (continue reading...)


New York state sues group over abortion pill reversal claims May 6, 2024 01:35PM

By Brendan Pierson

(Reuters) - New York state's top prosecutor on Monday sued Heartbeat International, an anti-abortion group, and 11 crisis pregnancy centers, accusing them of misleading and potentially endangering women by claiming that they can provide a treatment reversing the effect of the abortion pill mifepristone.

In the lawsuit, New York Attorney General Letitia James asked a state court in Manhattan to block Heartbeat... (continue reading...)


German chancellor backs EU plan to use frozen Russian assets to fund Ukraine arms May 6, 2024 01:16PM

RIGA (Reuters) - Around 90% of the revenues generated from Russian frozen assets should be spent on arms purchases for Ukraine, Chancellor Olaf Scholz said on Monday, supporting an earlier EU proposal to use Russian assets' interest payments to boost Ukraine defence.

"It is important that we also agree that this money can be used for arms purchases not only in the EU, but for purchases worldwide," Scholz told journalists after a meeting with members of... (continue reading...)


Fed's Barkin: Current rate level will cool demand, doesn't see "overheating" May 6, 2024 01:08PM

By Howard Schneider

COLUMBIA, South Carolina (Reuters) - The current level for the Federal Reserve's benchmark interest rate should cool the economy enough to return inflation to the central bank's 2% target, with the strength of the job market giving officials time to wait, Richmond Fed President Thomas Barkin said on Monday.

"I am optimistic that today’s restrictive level of rates can take the edge off demand in order to bring... (continue reading...)


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