Reuters USA

By Steven Scheer JERUSALEM (Reuters) – Israel’s Manufacturers’ Association on Sunday proposed tax cuts on food along with a host of other measures aimed at strengthening Israeli economic competitiveness and dealing with the country’s high cost of living. The Association’s economic plan, submitted to Israel’s prime minister and ministers of finance and economy, proposed cutting …

Key Israel business group seeks steep cut in food tax Read More »

(Reuters) – U.S. President Joe Biden approved an emergency declaration for California on Saturday, as storms have pounded the Golden State since Dec. 26, killing at least 19 people and bringing floods, power outages, mudslides, evacuations and road closures. Biden ordered federal aid to supplement state, tribal and local recovery efforts in the areas affected …

Biden declares emergency for California due to winter storms Read More »

(Reuters) – U.S. President Joe Biden approved an emergency declaration for Alabama on early Sunday after at least nine people died in tornadoes that destroyed homes and knocked out power to tens of thousands in the U.S. Southeast this week. Biden ordered federal aid to supplement regional recovery efforts in the areas affected by severe …

Biden declares emergency for Alabama due to tornadoes Read More »

DUBAI (Reuters) – Saudi Arabia’s annual inflation rate ticked up to 3.3% in December from 2.9% in November, government data showed on Sunday, with price rises again driven mainly by housing costs. Prices rose 0.3% month on month in December, compared with a 0.1% monthly rise in November, Saudi Arabia’s General Authority for Statistics said. …

Saudi inflation edges up to 3.3% in December Read More »

By Alex Lawler, Bozorgmehr Sharafedin and Chen Aizhu LONDON (Reuters) – Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, according to companies that track the flows, on higher shipments to China and Venezuela. Tehran’s oil exports have been limited …

Iranian oil exports end 2022 at a high, despite no nuclear deal Read More »