Town Hall News

(Reuters) – A top ally of Russian President Vladimir Putin said the Ukraine war could last for decades, with long periods of fighting interspersed by truces, Russia’s RIA news agency reported on Thursday. It said former President Dmitry Medvedev, deputy chairman of Putin’s powerful security council, had spoken during a visit to Vietnam. Medvedev often makes hard line comments and last month described Ukrainian authorities as an infection. “This conflict […]

By Akriti Sharma (Reuters) -Elon Musk’s brain-implant company Neuralink on Thursday said it had received a green light from the U.S. Food and Drug Administration (FDA) to kickstart its first-in-human clinical study, a critical milestone after earlier struggles to gain approval. On at least four occasions since 2019, Musk has predicted that his medical device company would begin human trials for a brain implant to treat severe conditions such as […]

By Nandita Bose, Jarrett Renshaw and David Morgan WASHINGTON (Reuters) -U.S. President Joe Biden and top congressional Republican Kevin McCarthy on Thursday appeared to be nearing a deal to cut spending and raise the government’s $31.4 trillion debt ceiling, with little time to spare to head off the risk of default. The deal would specify the total amount the government could spend on discretionary programs like housing and education, according […]

By Lucinda Elliott and Eliana Raszewski BUENOS AIRES (Reuters) – Argentine Vice President Cristina Fernandez de Kirchner slammed the International Monetary Fund (IMF) on Thursday, saying that the program agreed to with the multinational lender is holding back the country’s economy. Fernandez de Kirchner, speaking at an event commemorating Revolution Day in Buenos Aires’ historic Plaza de Mayo, said the debt is impossible to pay off. The government’s ruling coalition […]

By Lucinda Elliott and Eliana Raszewski BUENOS AIRES (Reuters) – Argentine Vice President Cristina Fernandez de Kirchner slammed the International Monetary Fund (IMF) on Thursday, saying that the program agreed to with the multinational lender is holding back the country’s economy. Fernandez de Kirchner, speaking at an event commemorating Revolution Day in Buenos Aires’ historic Plaza de Mayo, said the debt is impossible to pay off. The government’s ruling coalition […]

By Michael Church HONG KONG (Reuters) – Former Manchester United striker Dwight Yorke says he has not given up on his managerial ambitions despite experiencing a frustrating end to his stint at A-League side Macarthur FC earlier this year. Yorke was given a long-awaited opportunity in management when he took over at the Sydney-based outfit in July and he led the fledgling club to their first trophy in their third […]

(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for a possible downgrade as U.S. lawmakers’ negotiations to raise the government’s debt ceiling dragged on without a resolution. This comes after the ratings agency on Wednesday had warned that the U.S. credit rating could be downgraded if a debt ceiling deal was not reached soon. In a statement on Thursday […]

(Reuters) – Fitch has placed the ratings of U.S. mortgage finance giants Fannie Mae and Freddie Mac on watch for a possible downgrade as U.S. lawmakers’ negotiations to raise the government’s debt ceiling dragged on without a resolution. This comes after the ratings agency on Wednesday had warned that the U.S. credit rating could be downgraded if a debt ceiling deal was not reached soon. In a statement on Thursday […]

By Takahiko Wada and Leika Kihara TOKYO (Reuters) – Core consumer inflation in Japan’s capital, Tokyo, rose 3.2% in May from a year earlier, government data showed on Friday, slowing from the previous month’s increase but remaining well above the central bank’s 2% target. The stubbornly high inflation in Tokyo, which is seen as a leading indicator of nationwide trends, may keep alive market expectations of a gradual withdrawal of […]