US congressional negotiators aim to fund government through March 14, source says

WASHINGTON (Reuters) – Republican and Democratic negotiators in the U.S. Congress are closing in on a deal for a stopgap bill to fund the government through March 14, averting a partial shutdown that would otherwise begin Saturday, a source familiar with the talks said on Monday. The measure would likely keep the roughly $6.2 trillion …

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Trump’s transition team to arrive at Pentagon on Monday

WASHINGTON (Reuters) – President-elect Donald Trump’s transition team will arrive at the Pentagon on Monday, a Pentagon spokesperson said, after a delay in signing an agreement after the Nov. 5 election to formally begin the transition process. Pentagon spokesman Major General Pat Ryder said that Deputy Defense Secretary Kathleen Hicks spoke with the Trump transition …

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Exclusive-Trump transition team plans sweeping rollback of Biden EV, emissions policies

By Jarrett Renshaw and Chris Kirkham (Reuters) – Incoming U.S. President Donald Trump’s transition team is recommending sweeping changes to cut off support for electric vehicles and charging stations and to strengthen measures blocking cars, components and battery materials from China, according to a document seen by Reuters. The recommendations, which have not been previously …

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Crunch week for UK’s Thames Water as regulator rules, court process starts

By Sarah Young and Andres Gonzalez LONDON (Reuters) – Thames Water, the British utility that risks running out of cash, faces a crunch week, as the water regulator sets future prices, and a court process begins that should help it to secure a 3 billion pound ($3.80 billion) lifeline. Regulator Ofwat’s final decision, due on …

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Indian capital tightens anti-pollution measures as air quality worsens

(Reuters) – India directed schools to move to hybrid mode for some grades, asked government offices to stagger timings for staff and imposed restrictions on vehicles in Delhi and adjoining regions as air quality deteriorated in the country’s north on Monday. Delhi recorded “very poor” air on Monday with an air quality index (AQI) reading …

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Bank of Canada: world is now more prone to shocks than we’d like

By David Ljunggren OTTAWA, Dec 16 (Reuters) – Bank of Canada Governor Tiff Macklem on Monday said the world was now more prone to economic shocks and the central bank therefore needed to ensure it was better prepared for an uncertain future. Macklem said deglobalization, demographic shifts, digitalization and decarbonization were all having significant effects …

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Cuba predicts 1% growth in 2025 after dismal year, economy minister says

HAVANA (Reuters) – Cuban Economy Minister Joaquín Alonso Vázquez on Monday forecast the Caribbean island’s economy would grow only 1% in 2025 after a dismal year marked by one of the country’s worst energy crisis in decades. The minister, speaking to a closed-door session of a parliament commission, did not provide an estimate for Gross …

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German Chancellor Scholz loses no-confidence vote, paving way for election

By Friederike Heine and Andreas Rinke BERLIN (Reuters) -The German parliament accepted Chancellor Olaf Scholz’s invitation to withdraw its confidence in him and his government on Monday, clearing the way for an early election on Feb. 23 necessitated by the collapse of his government. Scholz’s three-party coalition fell apart last month after the pro-market Free …

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