Town Hall News

SAO PAULO (Reuters) – Brazilian President Luiz Inacio Lula da Silva is set to appoint lawyer Cristiano Zanin to a vacant Supreme Court seat, Senate President Rodrigo Pacheco said on Thursday. (Reporting by Gabriel Araujo; Editing by Steven Grattan) Brought to you by www.srnnews.com

(Refiles to remove extraneous words in paragraph 7) WASHINGTON (Reuters) – U.S. worker productivity slumped in the first quarter, though not as steep as initially thought, according to government data on Thursday, which also showed sharp downward revisions to labor costs last quarter and in the final three months of 2022. Nonfarm productivity, which measures hourly output per worker, dropped at a 2.1% annualized rate last quarter, the Labor Department […]

By Gwladys Fouche OSLO (Reuters) – The U.S. will open its northernmost diplomatic station in the Norwegian Arctic town of Tromsoe, Secretary of State Antony Blinken said on Thursday, at a time when cooperation among the Arctic nations has been hit by Russia’s invasion of Ukraine. The region is becoming strategically more important as a shrinking ice cap opens up new sea lanes and attracts other nations seeking its largely […]

(Reuters) – A low pressure system located near the northeastern Gulf of Mexico has a 50% chance of developing into a cyclone in the next 48 hours, the U.S. National Hurricane Center (NHC) said on Thursday. “Environmental conditions appear marginally favorable for additional development over the next day or so, and a short-lived tropical depression or storm could form over that time span,” the Miami based forecaster said. (Reporting by […]

By David Lawder WASHINGTON (Reuters) – U.S. President Joe Biden’s 2020 campaign promise to make wealthy Americans and corporations pay more in taxes to finance a range of social priorities breathed its last gasp, at least for this presidential term, with the debt ceiling deal he struck with Republicans on Saturday. The deal to cap discretionary spending and suspend the debt ceiling contains no tax rate changes to raise revenue; […]

JOHANNESBURG (Reuters) – More than 100,000 people have fled violence in Sudan to neighbouring Chad and the numbers could double in the next three months, the U.N. refugee agency said on Thursday. The near seven-week conflict has pushed Sudan into a humanitarian crisis and turned one of Africa’s greatest cities – the three-part capital of Khartoum, Omdurman and Bahri on the confluence on the Blue and White Niles – into […]

By Akriti Sharma and Abhirup Roy (Reuters) – Lucid Group said it plans to raise about $3 billion through a stock offering, nearly two-thirds of which will come from Saudi Arabia’s Public Investment Fund (PIF), sending shares of the luxury electric-vehicle maker down 9% after market hours. PIF, which owns more than 60% of the company, has agreed to buy 265.7 million shares in a private placement for about $1.8 […]

By Daphne Psaledakis WASHINGTON (Reuters) – The United States will impose sanctions and visa restrictions on Thursday against those perpetuating the violence in Sudan, White House national security adviser Jake Sullivan said, stepping up pressure on the army and a rival paramilitary force to bring an end to the fighting. Washington will also release an updated business advisory on Sudan, Sullivan said in a statement. He did not elaborate on […]

By Valentyn Ogirenko and Guy Faulconbridge KYIV/MOSCOW (Reuters) – Russia said on Thursday it had repelled more cross-border attacks from Ukraine while its relentless aerial assaults on Kyiv killed another three people including a nine-year-old girl and her mother locked out of an air raid shelter. Both sides are trying to sap morale and weaken military capacity ahead of a long-promised Ukrainian counter-offensive against Russia’s 15-month-old invasion. The war has […]