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Turkey strikes northern Iraq from air, says it kills PKK members May 6, 2024 10:39AM

ANKARA (Reuters) - Turkey hit northern Iraq with air strikes on Monday and claimed to have killed 16 members of the outlawed Kurdistan Workers Party (PKK) sheltering there.

The Turkish defence ministry said the PKK militants had been "neutralised" in the Hakurk, Metina and Gara regions of northern Iraq.

The PKK, which has been waging an insurgency against the Turkish state since 1984, is designated a terrorist organisation by Turkey, the... (continue reading...)


US crypto super PACs have raised more than $100 million, report says May 6, 2024 10:28AM

By Hannah Lang

(Reuters) - Outside political groups tied to the cryptocurrency industry have raised more than $102 million to spend on the upcoming U.S. congressional elections in order to elevate candidates who are friendly to digital assets, according to a report from Public Citizen.

WHY IT'S IMPORTANT

Only two other political groups, or super PACs, have raised more money than the crypto sector this election cycle, Public... (continue reading...)


Fewer low-income Americans took out mortgages in 2023, study says May 6, 2024 10:19AM

(Reuters) - Fewer low-income Americans took out mortgage loans last year than 2020, real estate broker Redfin said in a report on Monday, as steep interest rates make homebuying less affordable.

As aggressive rate hikes by the U.S. Federal Reserve have pushed up the cost of standard 30-year mortgages to more than 7%, existing homeowners have held on to rock-bottom rates from the pandemic. That has limited the supply of homes for sale and resulted in... (continue reading...)


U.S. hospital network Steward files for bankruptcy, aims for new loan May 6, 2024 10:07AM

By Dietrich Knauth

NEW YORK (Reuters) - Steward Health, which operates 30 hospitals in nine U.S. states, filed for Chapter 11 bankruptcy in Texas on Monday, aiming to secure a new loan from its landlord Medical Properties Trust.

The privately-owned hospital chain said it would continue serving patients as normal during its bankruptcy.

Steward has sought short-term financing and to sell its physician group Stewardship... (continue reading...)


Russia warns Britain it could strike back after Cameron remark on Ukraine May 6, 2024 09:52AM

By Guy Faulconbridge

MOSCOW (Reuters) -Russia warned Britain on Monday that if British weapons were used by Ukraine to strike Russian territory then Moscow could hit back at British military installations and equipment both inside Ukraine and elsewhere.

British Ambassador Nigel Casey was summoned to the foreign ministry for a formal protest after Foreign Secretary David Cameron said last week that Ukraine had the right to use British weapons... (continue reading...)


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