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They call it an encirclement of their nation and say the United States is trying to constrain its main economic and military rival. The United States also has a new security agreement with Papua New Guinea. On Wednesday, Mr. Biden signed a $95-billion supplemental military aid and spending bill that Congress had just passed and that includes $8.1 billion to counter China in the region. In addition, the United States continues to send weapons and Green Beret trainers to Taiwan, a de facto independent island and the biggest flashpoint between the United States and China. A swarm of Chinese militia and Coast Guard vessels chased a Philippine Coast Guard ship in the South China Sea last year.

Persons: Xi Jinping, Biden, Antony J, Blinken, Yuri Gripas, ” Ely Ratner, Xi, ” Kurt Campbell, Joseph Wu, ”, “, Samuel J, Paparo Jr, Mr, Paparo, Carl Vinson, Richard A, Brooks, Trump, Lloyd J, Austin III, Chen Jining, Jes Aznar, David H, Berger, Obama, Tony Mcdonough, United States —, Admiral Paparo, China’s “ revanchist, we’re Organizations: Australian, U.S, Marines, United, Pentagon, Corps, Mr, White House, White, The New York Times, American, Marine, Green, China’s, Liberation Army, Seoul SOUTH, Pacific Command, People’s Liberation Army, Agence France, Nuclear Forces Treaty, Defense, Communist Party, Tokyo Okinawa, U.S . Navy, Coast Guard, Philippine Coast Guard, Marine Corps, Army, Philippines Luzon Partner, Australia Darwin Potential, NATO, Tomahawk Locations: Beijing, United States, Papua New Guinea, Philippines, Japan, Okinawa, Taiwan, Asia, Pacific, U.S, China, Shanghai, South China, South Korea, Guam, Washington, Manila, Taipei, People’s Republic of China, Palau, West Papua, Seoul, Tokyo JAPAN CHINA Taipei TAIWAN Hong Kong, GUAM philippines MALAYSIA INDONESIA JAPAN CHINA TAIWAN, philippines GUAM, INDONESIA Seoul, GUAM philippines, MALAYSIA INDONESIA, Philippine, Moscow, Tokyo, Ryukyu Islands, South, Philippines Luzon, Luzon, Spratly, Australia, Canberra, Singapore, Darwin, Australia’s, . North Carolina, Virginia, Perth, United Kingdom, Navy’s, America

In the 2019 agreement, Facebook, which became Meta in 2021, was required to pay $5 billion for violating an earlier agreement. The company filed a separate appeal against Judge Timothy Kelly's ruling this week that it should be an FTC judge, not a district judge, who decides that case. This new lawsuit, filed late on Wednesday, argues that it is unconstitutional for the FTC to unilaterally tighten an existing consent agreement. The Meta complaints focus on the agency's dual role of prosecuting a matter before an FTC judge. Once the FTC judge makes a decision it is the commission which votes on whether to accept it.

Persons: Yuri Gripas, Judge Timothy Kelly's, Lina Khan, Rebecca Slaughter, Alvaro Bedoya, Meta, Diane Bartz, Nick Zieminski Organizations: Federal Trade Commission, Facebook Inc, Headquarters, REUTERS, Rights, Facebook, U.S . Federal Trade Commission, Meta, FTC, Big Tech, Democratic, Thomson Locations: Washington , U.S

☆ IMF says Sri Lanka debt deal could help board clear first bailout review
▼ + stars: | 2023-11-30 | by ( ) www.reuters.com time to read: +2 min

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. The deal comes about a month after Sri Lanka's agreement with the Export-Import Bank of China covering about $4.2 billion of outstanding debt, while clearing the IMF review could trigger a second tranche of about $334 million in funds. "These understandings pave the way for the IMF Executive Board to consider completion of the first review of Sri Lanka's four-year Extended Fund Facility Arrangement," Peter Breuer, IMF's mission chief for Sri Lanka, said in a statement. "We look forward to the Executive Board taking up this review by mid-December and the continuation of our productive collaboration with Sri Lanka in the period ahead." Sri Lanka plunged into its worst financial crisis in seven decades last year after its foreign exchange reserves dwindled to record lows.

Persons: Yuri Gripas, Lanka's, Peter Breuer, IMF's, Nandalal Weerasinghe, Uditha Jayasinghe, Sudipto Ganguly, Clarence Fernandez, Steohen Coates Organizations: Monetary Fund, REUTERS, Rights, International Monetary Fund, Sri, Export, Import Bank of, IMF, Asian Development Bank, World Bank, Thomson Locations: Washington , U.S, Import Bank of China, Sri Lanka's, Sri Lanka

☆ US Navy 'excited' by prospect of better communication with China, but says more work needed
▼ + stars: | 2023-11-24 | by ( Greg Torode | ) www.reuters.com time to read: +1 min

REUTERS/Yuri Gripas/ File Photo Acquire Licensing RightsHONG KONG, Nov 24 (Reuters) - The U.S. Navy was "excited" by the prospect of improved operational communications with the Chinese military amid regional tensions, but work was still needed to solidify the next steps, a senior U.S. naval officer said on Friday. "I'm very excited and I welcome that announcement," she said of China's agreement to resume telephone communications between theatre commands, something U.S. officials have been eager to develop. "These agreements were reached just recently, and we know that we have work with the PRC mil to do to solidify the next steps," Franchetti said. Her remarks come after agreements this month by U.S. President Joe Biden and China's Xi Jinping to resume military contacts that Beijing froze after then-House of Representatives Speaker Nancy Pelosi visited Taiwan in August 2022. Reporting by Greg Torode; Writing by Liz Lee; Editing by Jamie Freed and Gerry DoyleOur Standards: The Thomson Reuters Trust Principles.

Persons: James Mattis, Wei Fenghe, Yuri Gripas, Admiral Lisa Franchetti, Franchetti, Joe Biden, China's Xi Jinping, Nancy Pelosi, Greg Torode, Liz Lee, Jamie Freed, Gerry Doyle Organizations: Defense, of National Defense, REUTERS, U.S . Navy, U.S, Beijing, Thomson Locations: Arlington , Virginia, U.S, HONG KONG, Seoul, Taiwan, San Francisco, Iran, United States

☆ Qatar economic growth has normalised in 2023 following World Cup boom - IMF
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: 1 min

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas Acquire Licensing RightsDUBAI, Nov 21 (Reuters) - The International Monetary Fund (IMF) said on Tuesday that Qatar’s economic growth has normalised in 2023 following the World Cup-driven boom. The IMF added that the economy of the world's top LNG exporter had a favourable medium-term outlook supported by LNG production expansion and intensifying reform efforts. "Broad fiscal discipline amid hydrocarbon windfalls in 2022-23 resulted in sizeable surpluses and rapid central government debt reduction," IMF said. Reporting by Nayera Abdallah; Editing by Andrew HeavensOur Standards: The Thomson Reuters Trust Principles.

Persons: Yuri Gripas, Nayera Abdallah, Andrew Heavens Organizations: Monetary Fund, REUTERS, Rights, IMF, Thomson Locations: Washington , U.S, Rights DUBAI

☆ Zambia's troubled debt restructuring efforts
▼ + stars: | 2023-11-21 | by ( ) www.reuters.com time to read: +3 min

REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsLONDON, Nov 21 (Reuters) - Zambia's debt restructuring has been a complex, three-year process, which suffered a serious setback on Monday when bilateral creditors, including China, effectively ordered it secure more debt relief from international funds that hold its sovereign bonds. 2020: The country requests to have its debt payments frozen under the G20-led Debt Service Suspension Initiative (DSSI) due to COVID-19. In May, Zambian President Edgar Lungu’s government hires French firm Lazard to advise on restructuring the cash-strapped southern African nation’s $11 billion worth of foreign debts. 2022: Negotiations continue with bondholders for debt relief and restructuring deals. Angry bondholders say the OCC is demanding debt relief from them that is materially higher than either Zambia's government or the International Monetary Fund deem necessary.

Persons: Yuri Gripas, Edgar Lungu’s, Lazard, Lungu’s, Hakainde Hichilema, Marc Jones, Sharon Singleton Organizations: Monetary Fund, REUTERS, Zambian, China, Export, Import Bank of China, OCC, International, Fund, Thomson Locations: Washington , U.S, China, Zambia

The IMF approved a tweaked deal, but official creditors again rejected it, Zambia said. The country's External Bondholder Steering Committee said it was deeply concerned with recent developments and that its latest offer would provide more debt relief than official creditors on a net present value basis, as well as a principal haircut when official creditors were offering none. The Common Framework has been severely criticised, as it is yet to provide any countries with debt relief. "If the OCC does not row back, sovereign debt restructuring would have taken a huge step backwards," said a second source familiar with the situation. Ghana, which is also undergoing Common Framework debt treatment, saw its international bonds slump up to 1.4 cents on the dollar .

Persons: Yuri Gripas, Rachel Savage, Karin Strohecker, Bhargav Acharya, Marc Jones, Libby George, Alexander Winning, William Maclean, Bernadette Baum Organizations: Monetary Fund, REUTERS, International Monetary Fund, IMF, OCC, Government, Paris Club, Thomson Locations: Washington , U.S, Zambia Zambia, Ghana, Sri Lanka, JOHANNESBURG, Zambia, China, Base, France, India, London

☆ US lawmakers pressure FDIC chief over misconduct allegations
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

Friday's announcements suggest lawmakers will continue to pile pressure on Gruenberg over revelations about a key agency in the Biden administration's financial reform agenda. In a letter, Republican members of the House Financial Services Committee on Friday publicly notified Gruenberg of a probe announced earlier this week. An FDIC spokesperson told Reuters the agency would be "fully transparent and cooperative" with the committee's investigation. An FDIC OIG representative told Reuters on Friday the office had received the Senate Democrats' request and was reviewing it. "Chairman Gruenberg, the viability of your leadership is in question," wrote House Financial Services Committee Chair Patrick McHenry and senior members Bill Huizenga and Andy Barr, all Republicans.

Persons: Martin Gruenberg, Yuri Gripas, Gruenberg, Patrick McHenry, Bill Huizenga, Andy Barr, Douglas Gillison, Matthew Lewis Organizations: Federal Deposit Insurance Corporation, REUTERS, Companies U.S . House, U.S . Federal Deposit Insurance Corporation, Biden, Financial, FDIC, Reuters, Democratic, Banking, FDIC's, Democrats, Thomson Locations: Washington

☆ IMF chief urges more proactive push for central bank digital currencies
▼ + stars: | 2023-11-15 | by ( Marc Jones | ) www.reuters.com time to read: +2 min

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsLONDON, Nov 15 (Reuters) - The head of the International Monetary Fund has urged countries to make a more proactive push to develop central bank digital currencies (CBDC). Eleven countries, including a number in the Caribbean, and Nigeria, have already launched CBDCs. Around 120 others are exploring them, although progress and approaches differ widely and a few have even abandoned the idea altogether. Georgieva said that with technology advancing so rapidly, countries needed to push ahead with development now to avoid getting caught out in future.

Persons: Yuri Gripas, Kristalina Georgieva, Georgieva, Marc Jones, Paul Simao Organizations: Monetary Fund, REUTERS, International Monetary Fund, IMF, Thomson Locations: Washington , U.S, Caribbean, Nigeria, Singapore

☆ Trump 'increasingly sour' on RNC chair Ronna McDaniel, as GOP grapples with recent losses
▼ + stars: | 2023-11-13 | by ( Brian Schwartz | ) www.cnbc.com time to read: +5 min

RNC chairwoman Ronna McDaniel reacts next to U.S. President Donald Trump at a fundraising event in New York, U.S., December 2, 2017. Yuri Gripas | ReutersFormer President Donald Trump has grown "increasingly sour" on Republican National Committee chairwoman Ronna McDaniel and the overall leadership of the RNC, according to a person close to the former president. "I do think if there's enough pressure from us and Trump, McDaniel might just decide, 'this is humiliating,' and step down." During a recent interview with conservative commentator Rogan O'Handley, Bannon asked O'Handley what he would like to say to Trump about McDaniel. Beyond the latest slate of Republican losses, the Republican National Committee also appears to be lagging behind the Democratic National Committee in overall fundraising.

Persons: Ronna McDaniel, Donald Trump, Yuri Gripas, Trump, McDaniel, Kevin McCarthy, McCarthy, Rich Anderson, Anderson, Glenn Youngkin, Ronald Reagan, Youngkin, David McNew, David Mcnew, Steve Bannon, Rogan O'Handley, Bannon, O'Handley, Let's, Jamie Harrison, Kayleigh McEnany, Tom Williams Organizations: Reuters, Republican National, RNC, California Republican, Trump, Republicans, Republican Party, GOP, Republican, Library, Foundation, Getty, White House, Republican National Committee, Democratic National Committee, DNC, Capitol, CQ, Inc Locations: U.S, New York, Virginia , Kentucky, Ohio, Virginia, SIMI VALLEY , CA, Simi Valley , California, White

☆ US FCC votes to advance plan to reinstate net neutrality rules
▼ + stars: | 2023-10-19 | by ( ) www.reuters.com time to read: +1 min

Net neutrality advocates rally in front of the Federal Communications Commission (FCC) ahead of Thursday's expected FCC vote repealing so-called net neutrality rules in Washington, U.S., December 13, 2017. REUTERS/Yuri Gripas/File photo Acquire Licensing RightsWASHINGTON, Oct 19 (Reuters) - The U.S. Federal Communications Commission voted Thursday to advance a proposal to reinstate landmark net neutrality rules and assume new regulatory oversight of broadband internet that was rescinded under former President Donald Trump. The commission voted 3-2 on proposal to reinstate open internet rules adopted in 2015 and reestablish the commission's authority over broadband internet. The FCC voted in 2017 to reverse the rules that barred internet service providers from blocking or throttling traffic, or offering paid fast lanes, also known as paid prioritization. The FCC will take public comments before it is expected to vote next year to finalize the plan.

Persons: Yuri Gripas, Donald Trump, David Shepardson Organizations: Federal Communications Commission, REUTERS, Rights, U.S . Federal Communications, FCC, Thomson Locations: Washington , U.S

☆ FBI says US murders dropped in 2022, but theft rose
▼ + stars: | 2023-10-16 | by ( ) www.reuters.com time to read: +2 min

The Federal Bureau of Investigation seal is seen at FBI headquarters in Washington, U.S. June 14, 2018. Murder and non-negligent manslaughter across the country decreased by 6.1% and rape by 5.4%, while larceny and motor vehicle theft rose by 7.8% and 10.9%, respectively, the agency said in its national crime report. Although violent crime is trending downward, the 21,156 murders reported in 2022 are also well above pre-pandemic levels, according to FBI data. The number of annual reported murders never topped 18,000 during the 2010s, but jumped to 21,570 in 2020. Attacks on law enforcement officers increased slightly, up 1.8% from 2021 to an estimated 102,100 in 2022, the report said.

Persons: Yuri Gripas, Julia Harte, Bill Berkrot Organizations: Federal Bureau of, FBI, REUTERS, Federal Bureau of Investigation, Democratic, Thomson Locations: Washington , U.S, United States

☆ Money now, shares later: more IMF countries voice support for pragmatic IMF funding boost
▼ + stars: | 2023-10-11 | by ( David Lawder | ) www.reuters.com time to read: +3 min

[1/2] The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. IMF Managing Director Kristalina Georgieva said the extra resources were needed to ensure the IMF can respond to another large-scale crisis. But with anti-China sentiment running high in the U.S. Congress, any IMF funding increase that increases Beijing's influence would face stiff opposition. U.S. Treasury Secretary Janet Yellen proposed the money now, shares later plan as a way to sidestep the China issue and speed resources to the IMF. A 50% quota increase would be equivalent to about $312 billion at current exchange rates.

Persons: Yuri Gripas, Fernando Haddad, Kristalina Georgieva, Janet Yellen, Ernest Addison, David Lawder, Alex Richardson, Andrea Ricci Organizations: Monetary Fund, REUTERS, Rights, U.S, Monetary, IMF, U.S . Congress, Treasury, International Monetary, Financial Committee, Thomson Locations: Washington , U.S, Rights MARRAKECH, Morocco, France, Britain, Ghana, Switzerland, Finland, Belgium, China, Brazil, U.S, Algeria, Iran, Libya, Pakistan, Tunisia

☆ Multilateral development banks, keen to expand lending, to meet with ratings agencies
▼ + stars: | 2023-10-10 | by ( Andrea Shalal | ) www.reuters.com time to read: +3 min

REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsMARRAKECH, Morocco, Oct 10 (Reuters) - Senior executives at multilateral development banks will meet on Wednesday with the top credit ratings agencies, bank executives said, amid a broad push to expand their lending capacity and help countries brace for climate change and other challenges. The World Bank's main lending arms could expand their lending capacity by nearly $900 billion if the ratings agencies changed their processes and modified the allowance they make for callable capital, a study commissioned by Rockefeller found. Lakshmi Shyam-Sunder, the World Bank's chief risk officer, said the ratings agencies had shown some openness to considering revisions in how they treat callable capital in the banks' balance sheets. Casali said Wednesday's meeting, on the sidelines of the annual meetings of the International Monetary Fund and World Bank in Morocco, would include officials from the World Bank, the Asian Development Bank and the African Development Bank, along with the three top credit raters - Moody's, Standard & Poor's and Fitch. Currently, the ratings agencies apply widely different rules and standards in assessing the risks associated with the banks' lending and balance sheets.

Persons: Yuri Gripas, Roberta Casali, Rockefeller, Lakshmi Shyam, Sunder, Casali, Fitch, Ajay Banga, Janet Yellen, Andrea Shalal, David Lawder, Leslie Adler Organizations: Monetary Fund, REUTERS, Rights, Asian Development Bank, Rockefeller, AAA, International Monetary Fund, World Bank, African Development Bank, Poor's, World, Reuters, U.S, Treasury, Thomson Locations: Washington , U.S, Rights MARRAKECH, Morocco

[1/4] The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. The IMF adjusted this year's stress test to probe the impact of its baseline economic scenario of higher interest rates for longer, as well as the possibility of consumers yanking deposits. "Under the baseline, it's about 5% of banks that are relatively weak in terms of their capital. And in severe stress, that number goes up to 30% or sometimes higher," Adrian said. The IMF did not identify the banks that could be in trouble if those economic circumstances arose, but they included both small and large lenders.

Persons: Yuri Gripas, Tobias Adrian, Adrian, There's, Pete Schroeder, Michelle Price, Paul Simao Organizations: Monetary Fund, REUTERS, Rights, International Monetary Fund, IMF, Valley Bank, Switzerland's Credit Suisse Group, Monetary, Capital Markets Department, Palestinian, World Bank, U.S, Thomson Locations: Washington , U.S, California, Israel, Gaza, Marrakech, Morocco, Italy, Federal, U.S

☆ Congressional Showdown: Can Lawmakers Boost Ukraine Aid by $50 Billion—or Even More?
▼ + stars: | 2023-10-09 | by ( Lindsay Wise | ) www.wsj.com time to read: 1 min

President Biden criticized hard-line Republicans in early October over the ‘brinkmanship’ that almost led to a government shutdown. Photo: Yuri Gripas/Bloomberg NewsWASHINGTON—Pro-Ukraine senators from both parties, unnerved by the upheaval in the House, say they want to move quickly to pass a yearlong aid package for the war-torn country that far exceeds the amount of aid requested by President Biden in August and would last through the 2024 election.

Persons: Biden, Yuri Gripas Organizations: Bloomberg News WASHINGTON —

☆ Congressional Showdown: Can Lawmakers Boost Ukraine Aid by $50 Billion—Or Even More?
▼ + stars: | 2023-10-09 | by ( Lindsay Wise | ) www.wsj.com time to read: 1 min

President Biden criticized hard-line Republicans in early October over the “brinkmanship” that almost led to a government shutdown. Photo: Yuri Gripas/Bloomberg NewsWASHINGTON—Pro-Ukraine senators from both parties, unnerved by the upheaval in the House, say they want to move quickly to pass a yearlong aid package for the war-torn country that far exceeds the amount of aid requested by President Biden in August and would last through the 2024 election.

Persons: Biden, Yuri Gripas Organizations: Bloomberg News WASHINGTON —

☆ US faces pushback on plan to bolster IMF funding without shareholding changes
▼ + stars: | 2023-10-06 | by ( David Lawder | ) www.reuters.com time to read: +5 min

[1/2] The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. Doing so, Ivory Coast President Alassane Ouattara said on Thursday, would "increase the voice and agency of member countries who are the most vulnerable" at the Fund. Martin Muhleisen, a former IMF strategy chief, said the plan "puts the Chinese on the spot to agree". A delay would be a major disappointment for the IMF after contentious 2019 negotiations left quota resources and shareholding untouched. "The Fund's not tight," said Mark Plant, a former IMF official now with the Center for Global Development.

Persons: Yuri Gripas, Joe Biden, Janet Yellen, Alassane Ouattara, Mark Sobel, Martin Muhleisen, Mark Plant, David Lawder, Andrea Shalal, Marcela Ayres, Peter Graff Organizations: Monetary Fund, REUTERS, Rights, International Monetary Fund, IMF, World Bank, Reuters, U.S . Congress, U.S, Treasury, U.S . Treasury, Brazilian, Center for Global Development, Thomson Locations: Washington , U.S, U.S, China, India, Brazil, Marrakech, Morocco, Ukraine, Saharan Africa, Coast, Washington, Beijing, Brasilia

"We're disappointed, of course," Anthony Caso, a lawyer for Eastman, said of the court's decision not to hear the appeal. In decisions in 2022, U.S. District Court Judge David Carter in Santa Ana ordered certain emails to be turned over, including those related to court efforts by Trump and Eastman to delay congressional certification of Biden's victory. Carter ruled that Trump and Eastman had "more likely than not" committed a crime in trying to obstruct Congress. Eastman has sought to erase the judge's determination that the "crime-fraud" exception applied to some of the emails. Trump is the frontrunner for the Republican nomination to face Biden in the 2024 election.

Persons: John Eastman, Yuri Gripas, Donald Trump's, Clarence Thomas, Thomas, Eastman, Virginia, Ginni, We're, Anthony Caso, Trump's, Joe Biden's, David Carter, Trump, Carter, Mike Pence, Pence, Biden, Andrew Chung, Will Dunham Organizations: National Organization, IRS, REUTERS, Rights, U.S, Supreme, Conservative, Washington Post, Democratic, Capitol, Trump . Eastman, Chapman University, Trump, Eastman, San, Circuit, Republican, Thomson Locations: Washington, California, U.S, Santa Ana, San Francisco, Georgia's Fulton County

☆ IMF team to begin meeting officials in Ukraine
▼ + stars: | 2023-10-01 | by ( ) www.reuters.com time to read: +1 min

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. The IMF said last week its mission had begun its second review of a $15.6 billion multi-year loan program for the country. The four-year programme for Kyiv is part of a $115-billion global package to support the economy as Ukraine battles Russia's invading forces. "An IMF team, led by Uma Ramakrishnan, Deputy Director of the Fund's European Department, starts meetings today in Kyiv with the Ukrainian authorities and other stakeholders," Stepanyan said in a statement. "The high-level engagement will focus on policy goals and challenges in the context of Ukraine’s program supported by the IMF Extended Fund Facility (EFF) Arrangement."

Persons: Yuri Gripas, Vahram Stepanyan, Uma Ramakrishnan, Stepanyan, Pavel Polityuk, Hugh Lawson Organizations: Monetary Fund, REUTERS, Rights, IMF, Fund's European Department, Fund, Thomson Locations: Washington , U.S, Ukraine, Russia, Kyiv

☆ It's going to be hard to talk Biden out of running for president because the people who said that last time were totally wrong
▼ + stars: | 2023-09-30 | by ( Walt Hickey | ) www.businessinsider.com time to read: +7 min

The last time people told Biden not to run, they were catastrophically wrong and he'll not forget that. And I plan on staying deeply involved," Biden told a Connecticut NBC affiliate in January of 2016. AdvertisementAdvertisementAfter the 2016 election went the way Biden had feared, he didn't hesitate to make his case. In 2016, Biden thought he could win. Biden won back enough white, working-class voters to shore up the breached "Blue Wall" by enough of a margin to deliver him the presidency.

Persons: Biden, —, Joe Biden, Donald Trump, Obama, State Hillary Clinton, Lee Myung, bak, Yuri Gripas, Hillary Clinton, dogging Clinton, Barack Obama, Beau, Clinton, Jewel Samad, Getty Images Biden, Biden gamely, monomaniacally, Jake Tapper, Biden didn't, Evan Vucci Organizations: Service, Democratic Party, Trump, U.S, State, State Department, REUTERS, NBC, Getty Images, Clinton's, Connecticut NBC, University of Pennsylvania, Biden, Democratic, Independents, Clinton Locations: Washington, Pennsylvania , Ohio, Michigan, Connecticut, South Carolina

☆ US judge refuses to overturn Exxon permit denial to truck crude oil in California
▼ + stars: | 2023-09-27 | by ( Clark Mindock | ) www.reuters.com time to read: +3 min

REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsCompanies Exxon Mobil Corp FollowSept 27 (Reuters) - A U.S. judge on Wednesday refused to overturn a California county's decision to block Exxon Mobil Corp (XOM.N) from using tanker trucks to ship crude oil from coastal facilities to inland refineries while a ruptured pipeline is fixed. The company has said trucks are "essential" to restarting three offshore oil platforms and an onshore oil processing facility that have been shuttered since the spill. Gee's decision did not address Exxon's claims that the board's decision amounted to an unconstitutional taking of the company's property and other constitutional claims. Attorney Linda Kropp, who represented several of those groups, said Exxon's trucking plan is "reckless, dangerous and totally unwelcome" and said it puts the community at risk of oil tanker crashes. Exxon had sued in May 2022, alleging the board's denial was a "prejudicial abuse of discretion."

Persons: Yuri Gripas, Dolly Gee, Exxon's, Gee, Linda Kropp, Clark Mindock, Alexia Garamfalvi, Chris Reese Organizations: Exxon, Colonial Pipeline, REUTERS, Companies Exxon Mobil Corp, Exxon Mobil Corp, Santa Barbara County, Supervisors, Sierra Club, Thomson Locations: Washington , U.S, U.S, California, Los Angeles, Santa, Santa Barbara

☆ Legal fog over central bank digital currencies "unacceptable", BIS warns
▼ + stars: | 2023-09-27 | by ( Marc Jones | ) www.reuters.com time to read: +2 min

Agustin Carstens leaves after G-20 finance ministers and central banks governors family photo during the IMF/World Bank spring meeting in Washington, U.S., April 20, 2018. His warning comes as central banks around the world push ahead with central bank digital currency (CBDC) development in a bid to make money more high tech and keep up with the features now offered by cryptocurrencies. Some 11 countries have already launched them and next month the European Central Bank is expected to receive the green light to start work on a digital euro. Carstens, whose organisation is overseeing much of the global test work, said central banks have a mandate to meet public demands and have also made significant investments into CBDCs. "It is simply unacceptable that unclear or outdated legal frameworks could hinder their deployment," added Carstens, the former governor of the Mexico's central bank.

Persons: Agustin Carstens, Yuri Gripas, Marc Jones, Josie Kao Organizations: IMF, Bank, REUTERS, Bank for International, BIS, cryptocurrencies, European Central Bank, Thomson Locations: Washington , U.S

☆ US FCC chair proposes to restore net neutrality rules
▼ + stars: | 2023-09-26 | by ( ) www.reuters.com time to read: +1 min

[1/2] Net neutrality advocates rally in front of the Federal Communications Commission (FCC) ahead of Thursday's expected FCC vote repealing so-called net neutrality rules in Washington, U.S., December 13, 2017. REUTERS/Yuri Gripas/File photo Acquire Licensing RightsWASHINGTON, Sept 26 (Reuters) - U.S. Federal Communications Commission chair Jessica Rosenworcel on Tuesday said she would move quickly to reinstate landmark net neutrality rules rescinded under former President Donald Trump. Rosenworcel is asking her colleagues to take an initial vote on Oct. 19 on the proposal to largely reinstate open internet rules adopted in 2015 under then-President Barack Obama. The move comes after Democrats took majority control of the five-member FCC on Monday for the first time since President Joe Biden took office in January 2021. Reporting by David Shepardson Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Yuri Gripas, Jessica Rosenworcel, Donald Trump, Rosenworcel, Barack Obama, Joe Biden, David Shepardson, Chris Reese Organizations: Federal Communications Commission, REUTERS, Rights, . Federal Communications, FCC, Thomson Locations: Washington , U.S

☆ IMF, World Bank to proceed with annual meetings in Morocco in October
▼ + stars: | 2023-09-18 | by ( Andrea Shalal | ) www.reuters.com time to read: +2 min

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, U.S., September 4, 2018. REUTERS/Yuri Gripas/File Photo Acquire Licensing RightsWASHINGTON, Sept 18 (Reuters) - The International Monetary Fund (IMF), the World Bank and Morocco on Monday announced the annual meetings of the two global institutions would proceed in October in Marrakech, despite a recent nearby earthquake that killed more than 2,900 people. Senior IMF and World Bank officials made the decision, first reported by Reuters, at the direct request of the Moroccan authorities who had pressed the global institutions to proceed with the gathering which is expected to bring some 10,000-15,000 to the Moroccan tourist hub. "At this very difficult time, we believe that the Annual Meetings also provide an opportunity for the international community to stand by Morocco and its people, who have once again shown resilience in the face of tragedy. Reporting by Andrea Shalal Editing by Chris ReeseOur Standards: The Thomson Reuters Trust Principles.

Persons: Yuri Gripas, Ajay Banga, Kristalina Georgieva, Nadia Fettah Alaoui, ” Georgieva, Andrea Shalal, Chris Reese Organizations: Monetary Fund, REUTERS, Rights, World Bank, Monday, Morocco's, IMF, Reuters, Moroccan, Thomson Locations: Washington , U.S, Morocco, Marrakech

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