N'DJAMENA (Reuters) - Chad's constitutional council on Thursday declared interim President Mahamat Idriss Deby winner of the central African nation's disputed May 6 presidential election with 61% of the vote, after earlier rejecting appeals to cancel or partially cancel the election.
(Reporting by Mahamat Ramadane; Writing by Bate Felix; Editing by Alex Richardson)
(Corrects to say 'Treasury Department', not 'Treasury Department's Financial Crimes Enforcement Network')
(Reuters) - The U.S. Treasury Department said on Thursday it is looking whether more regulations are needed to prevent money laundering and illicit finance.
Closing legal and regulatory gaps is a top priority, the department said.
WHY IT IS IMPORTANT
Scrutiny of illicit and terrorism financing has... (continue reading...)
By Michael S. Derby
NEW YORK (Reuters) - Federal Reserve Bank of Cleveland President Loretta Mester said on Thursday holding U.S. central bank policy at current levels will help get still-high inflation back to the 2% target.
“Monetary policy is well positioned for risk management as we gather more evidence on how the economy is evolving,” Mester said in the text of a speech prepared for delivery before a gathering held by the Wayne... (continue reading...)
By Gabriel Araujo
SAO PAULO (Reuters) - LATAM Airlines will increase the frequency of seven of its international routes connecting Brazil to the United States and countries in Europe and Africa, it said on Thursday.
The move by Chile-based LATAM, whose local unit is currently Brazil's No. 1 carrier in international operations by market share, comes as rival Air France KLM also announced it would add a new route to the South American... (continue reading...)
WASHINGTON (Reuters) - White House National Economic Adviser Lael Brainard said on Thursday China's industrial capacity and exports in certain sectors are so large, they can undermine the viability of investments in the United States.
"China is now simply too big to play by its own rules," Brainard said during remarks at the Center for American Progress, a liberal think tank.
"China's industrial capacity and exports in certain sectors are... (continue reading...)
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