U.S. to boost spending on tribal lands, protect Nevada sacred site

U.S. to boost spending on tribal lands, protect Nevada sacred site

WASHINGTON, Nov 30 (Reuters) – The Biden administration will give Native American tribes more say in managing federal and tribal lands as part of a plan that includes assistance for tribes whose land has been harmed by climate change, the White House said on Wednesday. President Joe Biden and other Cabinet officials announced the measures … Read more

Third Japanese cabinet minister in a month resigns in blow to PM

Third Japanese cabinet minister in a month resigns in blow to PM

TOKYO, Nov 21 (Reuters) – Japan’s internal affairs minister resigned on Sunday in connection with a funding scandal, becoming the third cabinet member to leave in less than a month in a severe blow to Prime Minister Fumio Kishida’s already shaky support. Kishida’s approval ratings have sunk after the July assassination of former Prime Minister … Read more

France, Germany, Spain agree on moving on with FCAS warplane development – Berlin

France, Germany, Spain agree on moving on with FCAS warplane development – Berlin

BERLIN/PARIS, Nov 18 (Reuters) – France, Germany and Spain have reached agreement on starting the next phase of development of a new fighter jet dubbed FCAS, Europe’s largest defence project at an estimated cost of more than 100 billion euros($103.4 billion), the German government said on Friday. The Defence Ministry said in a statement that … Read more

UK economy shrinks at start of feared long recession

UK economy shrinks at start of feared long recession

GDP in Q3 -0.2% q/q vs Reuters poll -0.5% Sept economic output -0.6% m/m vs poll -0.4% GDP in July and August revised up Economists still see UK going into recession Finance minister predicts “tough road ahead” LONDON, Nov 11 (Reuters) – Britain’s economy shrank in the three months to September at the start of … Read more

Lula’s honeymoon with Brazil markets ends amid spending plan fears

Lula’s honeymoon with Brazil markets ends amid spending plan fears

BRASILIA, Nov 10 (Reuters) – Brazilian President-elect Luiz Inacio Lula da Silva’s brief honeymoon with financial markets looked finished on Thursday, as he pushed for more room to grow social spending without setting long-term fiscal rules or naming his top economic policymakers. Brazil’s currency and benchmark Bovespa stock index (.BVSP), which rose last week as … Read more

COP27: Polluters must pay for climate change, poor nations tell rich

COP27: Polluters must pay for climate change, poor nations tell rich

Island nations call for global carbon tax ‘While they are profiting, the planet is burning’ Fears grow for jailed hunger striker in Egypt SHARM EL-SHEIKH, Egypt, Nov 8 (Reuters) – Leaders from poor countries criticized wealthy governments and oil companies for driving global warming, using their speeches on Tuesday at the COP27 climate summit in … Read more

UK’s Rishi Sunak delays plan on public finances until Nov 17

UK’s Rishi Sunak delays plan on public finances until Nov 17

PM and finance minister Hunt take ‘prudent’ decision Sunak tells cabinet: “Important to reach right decisions” Markets react, but scale of moves muted compared to September LONDON, Oct 26 (Reuters) – Britain’s new Prime Minister Rishi Sunak on Wednesday delayed the announcement of a keenly awaited plan for repairing the country’s public finances until Nov. … Read more

Saudi Arabia ‘maturer guys’ in spat with U.S., energy minister says

Saudi Arabia ‘maturer guys’ in spat with U.S., energy minister says

OPEC+ oil output cut led to U.S., Saudi spat Saudi Arabia and U.S. “solid allies” – minister Big Wall St turnout at flagship Saudi investment summit RIYADH, Oct 25 (Reuters) – Saudi Arabia decided to be the “maturer guys” in a spat with the United States over oil supplies, the kingdom’s energy minister Prince Abdulaziz … Read more

Canada’s Ontario ups foreign home buyers speculation tax to 25%

Canada’s Ontario ups foreign home buyers speculation tax to 25%

Oct 25 (Reuters) – The Ontario government said on Tuesday it was raising the real estate speculation tax for foreign buyers to 25% from 20% under a plan to tackle a housing crisis in Canada’s most populous province. “For too many Ontarians, including young people, newcomers and seniors, finding the right home is still too … Read more

New PM Rishi Sunak pledges to lead Britain out of economic crisis

New PM Rishi Sunak pledges to lead Britain out of economic crisis

Sunak meets King Charles on Tuesday morning Vows to rebuild trust in the country Expected to start forming a cabinet Sunak faces huge challenge to rebuild stability LONDON, Oct 25 (Reuters) – Rishi Sunak became Britain’s third prime minister in two months on Tuesday and pledged to lead the country out of a profound economic … Read more