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U.S. imposes fresh sanctions on Myanmar, targets jet fuel suppliers

By Daphne Psaledakis and Simon Lewis WASHINGTON (Reuters) -The United States on Friday announced further sanctions against Myanmar, targeting the supply of jet fuel to Myanmar’s military following air strikes in civilian populated areas, the U.S. Treasury Department said. The Treasury in a statement said it imposed sanctions on two people and six entities connected …

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U.S. court upholds block on Biden’s vaccine order for federal workers

(Reuters) – A federal appeals court in New Orleans on Thursday upheld a judge’s ruling blocking enforcement of President Joe Biden’s 2021 executive order requiring all federal employees take a COVID-19 vaccine. The U.S. Court of Appeals for the Fifth Circuit said that, contrary to arguments by the Biden administration, the judge had jurisdiction to …

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ECB reassures EU leaders on bank stability, calls for EU deposit insurance

By Jan Strupczewski BRUSSELS (Reuters) – The European Central Bank reassured European Union leaders on Friday that euro zone banks were safe but called on them to push on with an EU deposit insurance scheme, officials said. On the second day of talks in Brussels, EU leaders discussed economic issues, including changes to the bloc’s …

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Russia’s war on Ukraine latest: Kyiv prepares to launch counteroffensive

(Reuters) – Russian forces attacked northern and southern stretches of the front in Ukraine’s eastern Donbas region on Friday, pressing on with their offensive despite assertions from Kyiv that Moscow’s assault was flagging near the city of Bakhmut. WAR ZONE * Some 10,000 Ukrainian civilians, many elderly and with disabilities, are clinging on to existence …

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Philippines, China to use diplomacy to address maritime issues

By Karen Lema and Neil Jerome Morales MANILA (Reuters) – Maritime issues between the Philippines and China remain a “serious concern”, a Philippine official said on Friday, as the countries pledged to use diplomacy to resolve differences peacefully during high-level talks. The Philippines hosted this week the first in-person meeting between diplomats from the countries …

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‘Top Gear’ filming halted after presenter Flintoff’s car crash

LONDON (Reuters) -The making of the hugely popular BBC car show “Top Gear” has been halted following a crash during filming in December that left co-presenter Andrew “Freddie” Flintoff with serious injuries, the broadcaster said late on Thursday. The BBC said it had concluded its investigation into the crash – which had initially led to …

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Indian shares fall for third week on STT hike on derivatives, banking concerns

By Bharath Rajeswaran BENGALURU (Reuters) – Indian shares extended losses for the third consecutive week as investors turned cautious after the government hiked securities transaction tax (STT) on futures and options contracts, while lingering concerns of contagion in the global banking sector weighed. The Nifty 50 index closed 0.77% lower at 16,945.05. The S&P BSE …

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TikTok attacked for China ties as US lawmakers push for ban

By David Shepardson and Rami Ayyub WASHINGTON (Reuters) -U.S. lawmakers on Thursday battered TikTok’s CEO about potential Chinese influence over the platform and said its short videos were damaging children’s mental health, reflecting bipartisan concerns about the app’s power over Americans. CEO Shou Zi Chew’s testimony before Congress did little to assuage U.S. worries over …

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