Town Hall News

By Kevin Buckland TOKYO (Reuters) – The euro hovered near a one-year high versus the dollar on Thursday, as Europe’s resilient economy contrasted with banking contagion risks in the United States, the debt ceiling standoff and a potential recession. The risk-sensitive Aussie struggled to stay above the key 66 cent mark, while leading cryptocurrency bitcoin found its footing around $29,400 following wild swings in the previous session. The yen was […]

KUALA LUMPUR (Reuters) – The United States lifted a 17-month import ban on products from Malaysian rubber glove maker Smart Glove, saying the company has addressed exploitative labour practices. U.S. Customs and Border Protection (CBP) in November 2021 sanctioned imports from Smart Glove and its group of companies over the alleged use of forced labour at its production facilities. Smart Glove, which makes gloves used in the medical and food […]

LA PAZ (Reuters) – Bolivia’s government took control of one of the country’s largest banks, Banco Fassil, a senior government financial official said on Wednesday, and police arrested several executives for alleged mismanagement. “Mismanagement, unhealthy practices have caused a crisis,” the executive director of Bolivia’s Financial System Supervision Authority (ASFI), Reynaldo Yujra, told reporters in the city of Santa Cruz. Dozens of police were stationed at Banco Fassil’s 185 branches […]

By Trevor Hunnicutt, Steve Holland and David Brunnstrom WASHINGTON (Reuters) -The United States on Wednesday pledged to give South Korea more insight into its nuclear planning over any conflict with North Korea amid anxiety over Pyongyang’s growing arsenal of missiles and bombs. The announcement, which included a renewed pledge by Seoul not to pursue a nuclear bomb of its own, emerged from White House talks between U.S. President Joe Biden […]

By Katya Golubkova TOKYO (Reuters) – Oil prices rose on Thursday, paring earlier losses that were fuelled by U.S. recession fear and increased Russian oil exports dulling the impact of OPEC production cuts. Brent crude was trading at $78.04 a barrel, up 35 cents, or 0.45%, at 0039 GMT. U.S. West Texas Intermediate crude was at $74.51 a barrel, adding 21 cents, or 0.28%. The uptick comes after oil prices […]

By Daniel Trotta (Reuters) – Montana statehouse Republicans on Wednesday silenced Democratic transgender legislator Zooey Zephyr from floor debates for breaking decorum after she said lawmakers who backed a ban on gender-affirming healthcare for minors would have “blood on your hands.” Under the motion that passed with a vote of 68-32, Zephyr will be allowed to vote but is barred from the House floor, anteroom or gallery for the remainder […]

(Changes pronoun in first paragraph) By Daniel Trotta (Reuters) -Montana statehouse Republicans on Wednesday silenced Democratic transgender legislator Zooey Zephyr from floor debates for breaking decorum after she said lawmakers who backed a ban on gender-affirming healthcare for minors would have “blood on your hands.” Under the motion that passed with a vote of 68-32, Zephyr will be allowed to vote but is barred from the House floor, anteroom or […]

BUENOS AIRES (Reuters) -Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to relieve the country’s dwindling dollar reserves. In April, it aims to pay around $1 billion of Chinese imports in yuan instead of dollars and thereafter around $790 million of monthly imports will be paid in yuan, a government statement said. The decision aims to ease […]

BUENOS AIRES (Reuters) -Argentina will start to pay for Chinese imports in yuan rather than dollars, the government announced Wednesday, a measure that aims to relieve the country’s dwindling dollar reserves. In April, it aims to pay around $1 billion of Chinese imports in yuan instead of dollars and thereafter around $790 million of monthly imports will be paid in yuan, a government statement said. The decision aims to ease […]