Month: January 2018

WASHINGTON (Reuters) – U.S. Representative Trey Gowdy, chairman of the powerful House Oversight committee, will not run for re-election this November, he announced on Wednesday, becoming the latest high-profile Republican to retire from Congress. Gowdy, a 53-year-old former prosecutor and Christian conservative, said he would be returning to the justice system. “I will not be
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CAPE CANAVERAL, Fla. (Reuters) – A SpaceX Falcon 9 rocket blasted off from Florida on Wednesday carrying into orbit a Luxembourg-made communications satellite designed in part to expand NATO’s surveillance reach and its capability to deter cyber attacks on alliance members. The liftoff at 4:25 p.m. EST (2125 GMT) from Cape Canaveral Air Force Station
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SANTO DOMINGO (Reuters) – Talks between Venezuela’s government and the country’s political opposition are advancing, though no concrete agreement has yet been made, according to spokespeople from each side. Few are expecting much from the talks, which are being held in the Dominican Republic. The government and the opposition have been in on-off talks for
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LONDON (Reuters) – Britain’s leading fraud prosecutor says he is combing through his case load to detect signs that criminals are using the country to hide illicit wealth, as new powers come into effect that allow authorities to seize the proceeds of “dirty money”. So-called Unexplained Wealth Orders (UWOs), which came into force on Wednesday,
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PRISTINA (Reuters) – Hundreds of people wearing white masks gathered in Pristina on Wednesday as authorities banned cars from driving in city center to counter pollution so bad it sometimes exceeds the pollution in Chinese cities. Protest organizers played a sound of a person breathing deeply. The crowd chanted “Don’t poison us”, “Help” and “Let’s
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WASHINGTON (Reuters) – Treasury Secretary Steven Mnuchin on Wednesday called on the Republican-controlled Congress to lift the U.S. debt limit “as soon as possible” so the government can pay federal employee benefits and other obligations. In a letter to congressional leaders and key committee chairmen, Mnuchin said the Treasury Department would continue to suspend payments
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BERLIN (Reuters) – A lawmaker from the eurosceptic, anti-immigrant Alternative for Germany (AfD) who has criticised euro zone rescues and the European Central Bank has been chosen as the chair of parliament’s influential budget committee. The top job in what is nicknamed the “king’s committee” due to its power in scrutinizing government ministries’ budgets is
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LOS ANGELES (Reuters) – A thousand people crowded on a hilltop outside Los Angeles before dawn on Wednesday for one of the best views in America of a rare lunar eclipse called a “Super Blue Blood Moon,” as the Earth’s shadow fell across its natural satellite. Outside the Griffith Observatory, which more commonly draws tourists
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WUHAN, China (Reuters) – British Prime Minister Theresa May on Wednesday defied critics calling for her to resign, saying she was not a quitter and that she has a long-term job to do: delivering Brexit and domestic reform. May has come under fire in recent days from several factions within her own party. She has
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OSAKA (Reuters) – Japanese videogames maker Nintendo Co Ltd reported its biggest third-quarter operating profit in eight years, driven by smashing demand for its new Switch games console, and said it now expects annual earnings to outstrip its previous estimate. Growing popularity of the hybrid home-portable Switch has led to a near-doubling of Nintendo’s stock
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AMSTERDAM (Reuters) – A new common mobile payments system for Dutch banks has been hobbled by the decision of two big lenders to focus elsewhere, highlighting the challenges major lenders face in fending off fintech rivals. ABN Amro announced it was pulling out of the system, Payconiq, on the day of its launch last week.
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