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G20 finance ministers meet to seek consensus before US election
BRASILIA, July 22 (Reuters) – Finance ministers and central bankers from the Group of 20 meet this week to seek consensus on economic policy ahead of the U.S. election, with plans to avoid discussion of the wars in Ukraine and Gaza to prevent them from dominating the talks. Negotiators from the G20 major economies have…
Austria school shooting death toll rises to 11 after victim dies in hospital
Ten people have been killed in a school shooting in the Austrian city of Graz, in what is the deadliest gun attack in the country’s recent history. Police said the 21-year-old gunman, a former student, took his own life in a school bathroom shortly after. The incident took place at Dreierschützengasse secondary school in the…
Captain James Cook’s lost ship Endeavour discovered after 250 years
Holy ship. Capt. James Cook’s famous lost ship, the HMS Endeavour, has been rediscovered off Rhode Island, closing the book on a maritime mystery that has endured for 250 years. The iconic vessel’s alleged final resting spot was detailed in a recent report by the Australian National Maritime Museum, which had been searching for the…
Biden issues ban on offshore oil and gas drilling in most federal waters. Trump vows to undo it
WASHINGTON (AP) — President Joe Biden is moving to ban new offshore oil and gas drilling in most U.S. coastal waters, a last-minute effort to block possible action by the incoming Trump administration to expand offshore drilling. Biden, whose term expires in two weeks, said he is using authority under the federal Outer Continental Shelf…
U.S. Embassy urges Americans to leave Haiti ‘as soon as possible’
American citizens in Haiti should leave the country “as soon as possible” because of spiraling security and infrastructure “challenges,” the U.S. Embassy said in a travel advisory issued late Wednesday. The advisory urged U.S. nationals to depart Haiti immediately on commercial or private transportation and cautioned those traveling around the country to avoid demonstrations and large gatherings…
Fed Cuts Interest Rate Again as Layoffs Mount: What It Means for Mortgages as Markets React
The Federal Reserve has announced its second interest rate cut in a row, easing monetary policy as concerns grow about rising layoffs and economic fallout from the government shutdown. Fed Chair Jerome Powell joined the 10-2 majority on the Federal Open Market Committee (FOMC) to vote for the quarter-point rate cut at Wednesday’s meeting in…
