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Donald Trump wants to control the Justice Department and FBI. His allies have a plan May 17, 2024 06:20AM

By Gram Slattery, Sarah N. Lynch and Andrew Goudsward

WASHINGTON (Reuters) - Some of Donald Trump's allies are assembling proposals to curtail the Justice Department's independence and turn the nation's top law enforcement body into an attack dog for conservative causes, nine people involved in the effort told Reuters.

If successful, the overhaul could represent one of the most consequential actions of a second Trump presidency given the... (continue reading...)


Ghana parliament recalled for urgent business after LGBT row May 17, 2024 06:18AM

By Maxwell Akalaare Adombila

ACCRA (Reuters) - Ghana's parliament, which has been adjourned since March following a row between the speaker and the president over an anti-LGBT bill, will reconvene on Friday to discuss approval of ministerial appointees and other "urgent matters".

Majority leader Alexander Afenyo-Markin said in a statement that the urgent recall was "in good faith to enable government to discharge its constitutional and... (continue reading...)


Putin calls U.S. tariffs on Chinese electric vehicles 'unfair competition' May 17, 2024 06:15AM

MOSCOW (Reuters) - Russian President Vladimir Putin said on Friday during a visit to China that U.S. tariffs on Chinese-made electric vehicles were an example of unfair competition.

"Unfortunately, the way the world works today, sometimes situations arise related to unfair competition. This is how the Americans recently imposed sanctions on China on electric transport, on electric cars," said Putin.

"Why? Because Chinese cars have got... (continue reading...)


Factbox-China pledges $138 billion in extra funding to shore up indebted property sector May 17, 2024 06:13AM

BEIJING/HONG KONG (Reuters) - China on Friday announced "historic" steps to stabilise the crisis-hit property sector, with the central bank facilitating 1 trillion yuan ($138 billion) in extra funding, easing mortgage rules, and local governments set to buy "some" apartments.

Analysts viewed Beijing's move to prop up the sector as positive but said the amount of facility offered to clear inventory was unlikely to make a big impact.

... (continue reading...)


Morning bid: Dow flirts with 40k, China fights homes bust May 17, 2024 06:11AM

A look at the day ahead in U.S. and global markets from Mike Dolan

After a week of worldwide stock market records, Friday seems set for a breather - with attention switching to the deepening Chinese housing bust and sweeping government plans to stop the rot there.

Thursday's saw the blue-chip Dow Jones briefly top the 40,000 milestone as the S&P500, Nasdaq and MCSI all-country index all clocked all-time intraday highs too.

... (continue reading...)


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