Biden administration changes student loan guidance, as Republican-led states file lawsuit

WASHINGTON, Sept 29 (Reuters) – The Biden administration changed its guidance on who qualifies for federal student loan forgiveness on Thursday, as seven Republican-led states filed a challenge to its student debt cancellation program. President Joe Biden said in August that the U.S. government will forgive $10,000 in student loans for millions of debt-saddled former … Read more

Tunisian tattoo artist revives Berber designs for new generation

KAIROUAN, Tunisia, Sept 29 (Reuters) – Tunisian tattoo artist Manel Mahdouani is reviving traditional Berber designs that had long been considered unfashionable but are now gaining in popularity among a hip new generation. Few Tunisians now speak the Berber languages more commonly found in Algeria and Morocco, and outward signs of Berber cultural identity are … Read more

U.S. charges Russian billionaire Oleg Deripaska with violating sanctions

NEW YORK, Sept 29 (Reuters) – U.S. prosecutors on Thursday unveiled criminal charges accusing the Russian billionaire Oleg Deripaska of violating sanctions imposed after Russia invaded Ukraine. Deripaska, the 54-year-old founder of aluminum giant Rusal (RUAL.MM), , was among two dozen Russian oligarchs and government officials blacklisted by Washington in 2018 in reaction to Russia’s … Read more

Residents search for missing after Hurricane Ian rips through Florida’s Gulf Coast

VENICE, Fla., Sept 29 (Reuters) – Rescue workers and residents of Florida’s Gulf Coast searched for missing people and picked up the pieces from wrecked homes on Thursday after Hurricane Ian tore through the area with howling winds, torrential rains and raging surf. One of the mightiest storms to hit the U.S. mainland in recent … Read more

Sterling slides after BoE buys bonds, dollar hits 20-year high

NEW YORK/LONDON, Sept 28 (Reuters) – Sterling tumbled against the dollar on Wednesday before paring some losses after the Bank of England (BOE) said it would step in to prop up the gilt market, and the dollar index touched a fresh 20-year high trading was volatile. The BOE said it would buy as many long-dated … Read more

Bank of England seeks to stem bond market turmoil

IMF does ‘not recommend’ policies like UK growth plan Moody’s: economic plan is ‘growth negative’ Pound trading down 0.7% to $1.065 Bond strategists warn market almost untradeable LONDON, Sept 28 (Reuters) – The Bank of England sought to quell a fire-storm in the British bond market, saying on Wednesday it would buy as much government … Read more

IMF criticises UK policy, Bank of England to make big response

Proposals likely to increase inequality, IMF says BoE’s Pill says ‘significant’ response likely Economists, executives call for a policy U-turn Pound recovers slightly, up 0.4% on the day LONDON, Sept 27 (Reuters) – The International Monetary Fund openly criticised Britain’s new economic strategy on Tuesday, following another slide in bond markets that forced the Bank … Read more

Exclusive: Trump nominee Claver-Carone voted out at IDB, threatens legal action

Visitors walk past a screen with the logo of Banco Interamericano de Desarrollo (BID) at the Atlapa Convention Center in Panama City March 13, 2013. REUTERS/Carlos Jasso Register now for FREE unlimited access to Reuters.com Register MEXICO CITY/WASHINGTON, Sept 26 (Reuters) – The governors of the Inter-American Development Bank (IDB) on Monday voted to fire … Read more

U.S. Congress negotiators set nearly $12 bln in new Ukraine aid -sources

A local resident walks past an apartment block damaged in the course of Russia-Ukraine conflict in Mariupol, Ukraine September 25, 2022. REUTERS/Alexander Ermochenko Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Sept 26 (Reuters) – Negotiators of a stop-gap spending bill in the U.S. Congress have agreed to include nearly $12 billion in … Read more

Putin grants Russian citizenship to U.S. whistleblower Snowden

Former contractor of U.S. National Security Agency Edward Snowden is seen on a screen during his interview presented via video link at the New Knowledge educational online forum in Moscow, Russia September 2, 2021. REUTERS/Olesya Astakhova Register now for FREE unlimited access to Reuters.com Register Sept 26 (Reuters) – President Vladimir Putin on Monday granted … Read more