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☆ Oil inches up after U.S. reimposes Venezuela oil sanctions
▼ + stars: | 2024-04-18 | by ( ) www.cnbc.com time to read: +2 min

The sun sets beyond an oil pumping unit, also known as a "nodding donkey" or pumping jack, at a drilling site operated by Tatneft OAO near Almetyevsk, Russia. Oil prices rose in early trade on Thursday, slightly paring the previous session's losses after the United States said it would reinstate oil sanctions Venezuela, while the European Union talked of fresh curbs on Iran. The U.S. said it would not renew a license set to expire on Thursday that had broadly eased Venezuela oil sanctions, moving to reimpose punitive measures in response to President Nicolas Maduro's failure to meet his election commitments. Looking to prevent a wider conflict, European Union leaders decided on Wednesday to step up sanctions against Iran. According to JP Morgan estimates, worldwide oil consumption so far in April has averaged 101 million bpd, or 200,000 bpd below its own forecast.

Persons: OAO, Brent, Nicolas Maduro's, Morgan Organizations: ANZ Research, European Union, Iran, The U.S . House, Federal Locations: Almetyevsk, Russia, States, Venezuela, European, Iran, U.S, United States, Israel, The, Ukraine

☆ Treasury Department to reimpose oil sanctions on Venezuela
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTreasury Department to reimpose oil sanctions on VenezuelaCNBC's Megan Casella joins 'Closing Bell' to report on the Biden Administration's plan to reimpose oil sanctions on Venezuela.

Persons: Megan Casella, Biden Organizations: Email Treasury Department Locations: Venezuela

On Saturday, he told crowds in Greensboro, N.C., and Richmond, Va., that he believed Mr. Biden was “giving aid and comfort” to America’s foreign enemies. Throughout his campaign, Mr. Trump has ramped up warnings about threats he portrays as damaging to traditional American values. On Thursday, Mr. Trump visited Eagle Pass, Texas, where Gov. Mr. Trump is planning an extreme expansion of his anti-immigration policies if he wins the election in 2025, including what he calls the “largest domestic deportation operation” in U.S. history. And Mr. Trump would reimpose a Covid-era policy that would refuse asylum claims on the basis that migrants carry diseases like tuberculosis.

Persons: Donald J, Trump, baselessly, Biden, “, ” Mr, Joe Biden, Mr, Trump’s, Greg Abbott, ”, Dave Johnson, ” Charles Homans Organizations: Trump —, Republican, American, Texas National Guard, Mr Locations: North Carolina, Virginia, United States, Biden’s, United States of America, Greensboro, N.C, Richmond, Va, Eagle, , Texas, Graham

☆ Biden has eight months to fix his Michigan problem
▼ + stars: | 2024-02-28 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —If the Democratic voters of Michigan – and a handful of other swing states – are feeling uncommitted in November, Joe Biden could lose reelection. Democratic primary voters in Michigan have the option to mark their ballot as “uncommitted.” In 2012, even President Barack Obama suffered 20,000 such defections. Four years later, Biden rebuilt the blue wall and carried Michigan by around 150,000 votes. Biden has dispatched campaign and White House aides to Michigan to try to explain his politics toward Israel. “The American president can’t say who he wants the prime minister of Israel to be,” Biden campaign official Mitch Landrieu told CNN as the results from Michigan rolled in.

Persons: Joe Biden, Tuesday’s, Israel –, Donald Trump, Biden, “, Barack Obama, he’d, Trump, Nikki Haley, –, Hillary Clinton, Gretchen Whitmer, Haley, Debbie Dingell, Ro Khanna, — Will, —, Benjamin Netanyahu, Netanyahu, – –, can’t, ” Biden, Mitch Landrieu, didn’t Organizations: CNN, Democratic, Republican, Michigan, White, Arab, voters, Democratic Party, Trump, South Carolina Gov, GOP, Biden, of Health, Israel, Israeli, Democrats, ” Locations: Michigan, ”, Arab, Gaza, Israel, California, Palestinian, New Orleans

☆ Analysis: Maduro’s immigration card could influence America’s election, not just Venezuela’s
▼ + stars: | 2024-02-07 | by ( Rafael Romo | ) edition.cnn.com time to read: +8 min

Let’s get united,” Maduro said. Banning Machado from running for president amounts to a repudiation of the agreement, both the opposition and the United States have claimed. “In response to anti-democratic actions by Maduro representatives, the United States has revoked sanctions relief for Venezuela’s gold sector. Venezuela has recently been cooperating with the United States to reduce illegal immigration by allowing removal flights. It’s also immigration and oil during an election year in the United States.

Persons: Voters don’t, Nicolás Maduro, Joe Biden, Biden, Hugo Chávez, Maduro, ” , Let’s, ” Maduro, María Corina Machado, Machado, Maria Corina Machado, Gaby Oraa, ”, ” Machado, Leopoldo López, Maduro’s, Brian Winter, there’s, “, ” Winter, John Moore, Banning Machado, Matthew Miller, Delcy Rodríguez, “ Maduro, It’s Organizations: CNN, Venezuelan, Voters, Socialist United Party of Venezuela, American, US, Venezuela’s, Justice, National Assembly, Bloomberg, Getty, Americas Quarterly, Immigrants, Border Patrol, Biden, US State Department, Twitter, State Department Locations: Venezuela, United States, Caracas, Madrid, Spain, Rio Grande, Eagle Pass , Texas, Barbados, Maduro, Mexico

☆ Biden administration expected to re-designate Houthis as a global terrorist entity
▼ + stars: | 2024-01-16 | by ( Jennifer Hansler | ) edition.cnn.com time to read: +3 min

CNN —The Biden administration is expected to re-designate the Houthis as a specially designated global terrorist (SDGT) entity amid continued attacks by the Yemen-based militia, a source familiar told CNN Tuesday. The administration removed the Houthis’ SDGT designation and de-listed it as a foreign terrorist organization (FTO) in February 2021, after it was designated by the Trump administration in its final weeks. Both the SDGT and FTO designations trigger an asset freeze, but only an FTO designation imposes immigration restrictions on members, according to the State Department. Last Thursday, the United States and the United Kingdom launched strikes against Houthi targets in Houthi-controlled areas of Yemen. “This has been an attack on international commerce, international shipping, not an attack on Israel, not an attack on the United States.

Persons: CNN —, Biden, Trump, Antony Blinken, Joe Biden, “, “ We’ve, ” Organizations: CNN, State Department, Administration, CNBC Locations: Yemen, Gaza, United States, United Kingdom, Houthi, Red, Israel

☆ UN Security Council Due to Vote on Lifting Arms Embargo on Somalia
▼ + stars: | 2023-11-30 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +2 min

By Michelle Nichols and Giulia ParaviciniUNITED NATIONS/NAIROBI (Reuters) - The United Nations Security Council is due to vote on Friday to remove the final restrictions on weapons deliveries to Somalia's government and its security forces, diplomats said, more than 30 years after an arms embargo was first imposed on the country. The 15-member body is due to adopt two British-drafted resolutions on Friday, diplomats said - one to remove the full arms embargo on Somalia and another to reimpose an arms embargo on Al Qaeda-linked Al Shabaab militants. One of the draft resolutions spells out that "for the avoidance of doubt, that there is no arms embargo on the Government of the Federal Republic of Somalia." Somalia's government had long asked for the arms embargo to be removed so it could beef up its forces to take on the militants. The Security Council began to partially start lifting measures Somalia's security forces in 2013.

Persons: Michelle Nichols, Giulia Paravicini, Mohamed Siad Barre, Al Shabaab, Hassan Sheikh Mohamud, al, Grant McCool Organizations: Giulia Paravicini UNITED, United Nations Security, Government of, Security, Union Locations: Giulia Paravicini UNITED NATIONS, NAIROBI, Somalia, of Africa, Al Qaeda, Al Shabaab, Federal Republic of Somalia, Al, Somali, al Shabaab

☆ US Threatening to Reimpose Venezuelan Sanctions if Commitments Not Kept
▼ + stars: | 2023-11-30 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +3 min

The Biden administration reiterated that it has told the Venezuelan government it must, by the end of November, lay out steps for lifting election bans on opposition candidates and begin releasing Venezuelan political prisoners and "wrongfully detained" Americans, the spokesperson said. If the U.S. deems Maduro's actions insufficient, it was not immediately clear how extensively or quickly it would roll back sanctions relief. "We haven’t seen any progress yet," White House national security spokesperson John Kirby told reporters earlier on Thursday when asked whether Maduro was meeting his commitments and if the U.S. was prepared to reimpose sanctions. The Venezuelan government may allow appeals from banned politicians to progress in court as a way to partially comply with U.S. demands, sources told Reuters this week. The Venezuelan government released five political prisoners in October but there have been no releases since.

Persons: Matt Spetalnick WASHINGTON, Nicolas Maduro, Joe Biden's, Biden, Antony Blinken, Maduro, November's, Jorge Rodriguez, John Kirby, Maria Corina Machado, Matt Spetalnick, Vivian Sequera, Chris Reese, Josie Kao Organizations: State Department, Venezuelan, The State Department, U.S, House Locations: U.S, Venezuela, Venezuelan, Washington, Caracas

☆ Trump will be final defense witness at New York fraud trial, lawyer says
▼ + stars: | 2023-11-27 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +4 min

Trump will be the final witness for the defense on Dec. 11, in the trial brought by New York Attorney General Letitia James, accusing him and his co-defendants of falsely inflating Trump's assets for financial gain. Trump's adult son and co-defendant Eric Trump is scheduled to testify Dec. 6, defense attorney Christopher Kise said. Trump Sr., Eric Trump and Donald Trump Jr. denied wrongdoing when they were previously questioned on the witness stand by lawyers for the state. But that shift "cannot be ascribed to President Trump's re-posting of a photograph the Principal Law Clerk herself first published," they argued. Charles Hollon, an officer in the Judicial Threats Assessment Unit of the New York Court System's Department of Public Safety.

Persons: Donald Trump, Judge Arthur F, Jane Rosenberg, Trump, Letitia James, Eric Trump, Christopher Kise, Donald Trump Jr, James, Arthur Engoron, Allison Greenfield, Engoron, Trump's, Greenfield's, Charles Hollon, Greenfield, Chuck Schumer, Hollon, voicemails Organizations: U.S, Trump Organization, Court, Reuters, New York, Manhattan, New, Court System's Department of Public Locations: New York, Manhattan, New York City, U.S

☆ Russia lifts gasoline export ban - energy ministry
▼ + stars: | 2023-11-17 | by ( ) www.reuters.com time to read: +2 min

It said it could reimpose export bans if necessary, adding that stocks of gasoline had risen to around 2 million metric tons. "A decision was made to terminate the temporary ban on the export of motor gasoline." Russia, the world's top seaborne exporter of diesel, introduced a ban on fuel exports on Sept. 21 in order to tackle high domestic prices and shortages. The government eased restrictions on Oct. 6, allowing the export of diesel by pipeline, but kept measures on gasoline exports in place. Diesel is Russia's biggest oil product export, at about 35 million metric tons last year.

Persons: Tatiana Meel, Vladimir Soldatkin, Andrew Heavens, Kevin Liffey Organizations: REUTERS, Rights, Diesel, Reuters, Thomson Locations: Nakhodka Bay, Nakhodka, Russia, Soviet, Belarus, Kazakhstan, Armenia, Kyrgyzstan, OPEC

The decision left Mr. Trump free, for the moment, of all of the gag orders placed on him. The New York gag orders will be evaluated by a full appellate panel, which may reimpose them. But in the meantime, Mr. Trump and his lawyers are again free to attack court staff, most prominently the law clerk, Allison Greenfield, who since Mr. Trump’s original post has become a magnet for right-wing attacks on the case. Justice Engoron, who is a Democrat, had justified his own gag order against Mr. Trump by citing threats against his staff. He repeatedly asked whether Mr. Trump had used specifically threatening language against Ms. Greenfield, who is also a Democrat, and seemed satisfied that the answer was no.

Persons: Trump, Allison Greenfield, Trump’s, Letitia James, Justice Engoron, Friedman, Greenfield Organizations: The, New, Democrat, Mr Locations: Washington, York, New York

Washington in mid-October issued a general license lifting through April sanctions on the country's oil production and exports. POLICY SHIFTThe U.S. imposed sanctions on Venezuela's oil industry to try to oust President Nicolas Maduro, whose 2018 re-election it considers a sham. In the last three weeks, PDVSA has signed new term deals to sell products, including fuel oil and asphalt cement with little known firms. LINING UPShortly after sanctions were eased last month, Trafigura chartered a vessel to pick up a fuel oil cargo at a Venezuelan port. The firm that won the offer is Romania-registered Ke Lo Ke Mgmt, PDVSA documents seen by Reuters showed.

Persons: Marco Bello, Nicolas Maduro's, PDVSA, Nicolas Maduro, Joe Biden's, Trafigura, Lo, Ke Lo Ke, Gunvor, Marianna Parraga, Gary McWilliams, Barbara Lewis Organizations: REUTERS, Gunvor, Reuters, Bloomberg, Thomson Locations: Puerto Cabello, Carabobo, HOUSTON, Washington, U.S, Venezuela, PDVSA, Venezuelan, Romania

Former President Donald Trump faces a key week ahead, and yet again the drama won’t be on the campaign trail but in the courtroom as the GOP front-runner’s children prepare to testify before a judge. Ivanka Trump was initially listed as a co-defendant, but a New York appeals court dismissed that status, finding that the claims against her were too old. Chutkan had imposed a narrow gag order on Trump earlier this month, barring him from making public statements targeting prosecutors, court staff and potential witnesses. But she paused the gag order to allow Trump’s defense team time to argue why his speech should not be restricted. The ACLU has sided with Trump, arguing that the gag order is a violation of First Amendment free speech protections.

Persons: Donald Trump, Donald Trump Jr, Eric Trump, Ivanka Trump, –, Letitia James, shouldn’t, Engoron, Trump, who’s, Michael Cohen, Tanya Chutkan, I’m, Chutkan, Jack Smith, Smith, Mark Meadows, ”, Obama, TRUMP, ” Trump, Fani Willis, Trump’s, Sidney Powell, Jenna Willis, Kenneth Chesebro, Rudy Giulliani, he’d Organizations: GOP, Trump, Trump Organization, New York, Donald Trump View, The New, Justice, Capitol, ACLU, ABC News, White House, TRUMP Locations: Manhattan, New York, The New York, who’s, Georgia’s Fulton County, United States

Special counsel Jack Smith urged a federal judge to reimpose and broaden a gag order on Donald Trump, outlining how the former president has used the short window of time since the original gag order was lifted to attack and intimidate witnesses. But Chutkan paused the gag order last week to allow Trump’s defense team time to argue why his speech should not be restricted. The ACLU has since sided with Trump, arguing that the gag order is a violation of First Amendment free speech protections. It took only days, though, for Trump to give Smith more ammunition for why the gag order is necessary. In response to the news, Trump took to his TruthSocial account to address Meadows.

Persons: Jack Smith, Donald Trump, “, ”, Tanya Chutkan, ” Chutkan, Chutkan, Smith, Mark Meadows, Meadows, Trump, ” Trump Organizations: Trump, Washington , D.C, Capitol, ACLU, Donald Trump View, ABC News Locations: Washington ,, “, New York City

☆ Jack Smith says Trump is 'threatening' witness, asks judge in DC case to reimpose gag order
▼ + stars: | 2023-10-26 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Trump has "capitalized" on the temporary suspension of his partial gag order to "send an unmistakable and threatening message to a foreseeable witness in this case," Smith wrote in a filing Wednesday night in U.S. District Court in Washington. wrote Trump. "The defendant has not remotely been 'silenced,'" Smith wrote in Wednesday's filing. Smith urged the judge to lift the pause on her gag order, and to reject Trump's bid for a broader stay pending appeal. "Unless the Court lifts the administrative stay, the defendant will not stop his harmful and prejudicial attacks," Smith wrote.

Persons: Mark Meadows, Donald Trump, Sarah Silbiger, Jack Smith, Mark, Smith, Meadows, Smith's, Trump, Joe Biden, Trump's, Drew Angerer, Tanya Chutkan, Biden Organizations: White, Washington , D.C, Bloomberg, Getty, ABC News, Trump, Former White House, Staff Locations: Washington ,, Mark Meadows, Trump, U.S, Washington, maligning

☆ John Fetterman says JD Vance is more focused on 'silly performance art' than trying to pass the railway safety bill they've introduced together
▼ + stars: | 2023-09-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

JD Vance and John Fetterman, populists from different parties, worked together on a rail safety bill. Fetterman accused Vance of "silly performance art" over his doomed effort to ban mask mandates. Vance argued his mask crusade isn't distracting from the rail bill, and that he's been building support for it. The duo, among others, are the prime co-sponsors of the Railway Safety Act, a bill to improve safety protocols for trains carrying hazardous materials. AdvertisementAdvertisement"Most of my work on the railway bill has been persuading Republican colleagues to sign on to the bill," said Vance.

Persons: JD Vance, John Fetterman, Fetterman, Vance, Sen, John Fetterman's, John, We're, he's, they've, we've Organizations: Service, Democrat, Republican, Railway, Senate Locations: Wall, Silicon, Ohio, East Palestine , Ohio, COVID

☆ Ukraine announces 'humanitarian corridor' for ships stuck in Black Sea ports
▼ + stars: | 2023-08-10 | by ( ) www.reuters.com time to read: +2 min

A grain ship carrying Ukrainian grain is seen in the Black Sea, amid Russia's attack on Ukraine, near Ukrainian port of Odesa, Ukraine November 2, 2022. At least initially, the corridor appears to apply to vessels such as container ships that have been stuck in Ukrainian ports since the Feb. 2022 invasion, and were not covered by the deal that opened the ports for grain shipments last year. "Today a new temporary humanitarian corridor has started to work," Oleh Chalyk, a spokesperson for Ukraine's navy, told Reuters by telephone. It said a risk remained from mines in the Black Sea and the military threat from Russia. Last month, Moscow quit the year-old Black Sea grain deal that had allowed Ukraine to safely export agricultural products, saying that a parallel deal to help ease Russia's own grain and fertiliser exports was not being implemented.

Persons: Serhii, Chalyk, Moscow, Olena, Tom Balmforth, Peter Graff Organizations: REUTERS, Reuters, International Maritime Organization, United Nations, Thomson Locations: Ukraine, Ukrainian, Odesa, Russia, Chornomorsk

☆ Ethiopia declares state of emergency following militia clashes
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 min

A partial view of the Lalibela town in the Amhara Region, Ethiopia, January 25, 2022. Picture taken January 25, 2022. REUTERS/Tiksa Negeri/File PhotoADDIS ABABA, Aug 4 (Reuters) - Ethiopia's federal government on Friday declared a state of emergency following days of clashes in the Amhara region between the military and local militiamen. The statement by Prime Minister Abiy Ahmed's office announcing the state of emergency did not say whether it applied only in Amhara or across the country. Reporting by Dawit Endeshaw; Writing by Aaron Ross; Editing by Toby ChopraOur Standards: The Thomson Reuters Trust Principles.

Persons: Abiy, Dawit Endeshaw, Aaron Ross, Toby Chopra Organizations: REUTERS, Tiksa, Ethiopian National Defence Force, Thomson Locations: Amhara Region, Ethiopia, ADDIS ABABA, Amhara, Fano

☆ Russia strikes Ukraine's Danube port, driving up global grain prices
▼ + stars: | 2023-08-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +7 min

Kubrakov, writing on Facebook, said the Danube ports' infrastructure had been "devastated". "Ukrainian grain is indispensable for the world and cannot be replaced by any other country in the coming years," he wrote. "The port of Izmail suffered the most damage, including the terminal and infrastructure of the Danube Shipping Company." Russian state news agency RIA said the port and grain infrastructure hit was housing foreign mercenaries and military hardware. Seaport authority head Yuriy Lytvyn said on Facebook that repair work had already begun and the port infrastructure continued to operate.

Persons: Oleksandr Kubrakov, Volodymyr Zelenskiy, RIA, Oleh Kiper, Yuriy Lytvyn, Nina, PUTIN, Vladimir Putin, Tayyip Erdogan, West, Putin, Erdogan, Ukraine Bridget Brink, Russia's, Farhan Haq, Pavel Polityuk, Peter Graff, Hugh Lawson, Daniel Wallis, Michelle Nichols, Simon Cameron, Moore, Philippa Fletcher, Giles Elgood, Cynthia Osterman Organizations: NATO, Romania Kyiv, Ukraine's, Russia reimposed, Facebook, Danube Shipping Company, Reuters, REUTERS, United Nations, Kremlin, International, Court, TASS, U.S, Rih, Thomson Locations: Romania, Russia, Ukraine, Izmail, Africa, China, Israel, Moscow, NATO, Russian, Odesa, Turkey, Soviet, Tehran, Kerch, Crimea, Ports, Kharkiv, Kyiv, Kherson, Constanta

☆ Russia strikes Ukraine's Danube port, sending global grain prices higher
▼ + stars: | 2023-08-02 | by ( Pavel Polityuk | ) www.reuters.com time to read: +5 min

Ukraine's defence ministry said a grain silo was damaged in the Danube port of Izmail in the Odesa region: "Ukrainian grain has the potential to feed millions of people worldwide," the ministry wrote on messaging platform X, formerly known as Twitter. Russian terrorists have once again attacked ports, grain, global food security." "The enemy... is trying to destroy Ukrainian grain, attacking industrial and port infrastructure. Ukrainian officials have said Moscow has hit 26 port facilities, five civilian vessels and 180,000 tonnes of grain in nine days of strikes since quitting the grain deal. Ukraine's Air Force reported that Russia also launched a drone attack on Kyiv and the surrounding region overnight.

Persons: Oleh Kiper, Kiper, Volodymyr Zelenskiy, Izmail, Ukraine's, Serhiy Bratchuk, Pavel Polityuk, Jacqueline Wong, Tom Hogue, Simon Cameron, Moore, Peter Graff Organizations: REUTERS, Ukrainian Volunteer Army, United Nations, Ukraine's Air Force, Air, Thomson Locations: Russian, Ukraine, Odesa, REUTERS KYIV, Russia, Romania, Moscow, reimpose, Izmail, NATO, Ukraine's, Chicago, Constanta, Turkey, Kyiv

☆ Japan nuclear disaster: Fukushima's fishing industry fears Tokyo's next move may finish it off
▼ + stars: | 2023-04-19 | by ( Emiko Jozuka Krystina Shveda Junko Ogura Marc Stewart Daniel Campisi | Emiko Jozuka | Krystina Shveda | ) edition.cnn.com time to read: +13 min

Ocean currents have since dispersed the contaminated water enough that radioactive Cesium is nearly undetectable in fish from Fukushima prefecture. A year before the 2011 disaster, government data shows Fukushima’s coastal fishing industry landed catches worth around $69 million. At the same time, ground and rainwater have leaked in, creating more radioactive wastewater that now needs to be stored and treated. This isotope is radioactive tritium, and the scientific community is divided on the risk its dissemination carries. He argues TEPCO should build more storage tanks to allow for the decay of the radioactive tritium, which has a half-life of 12.3 years.

☆ Supreme Court asked to block ruling that threatens access to abortion pill mifepristone
▼ + stars: | 2023-04-14 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

The Justice Department and the abortion pill distributor Danco Laboratories on Friday asked the Supreme Court to block an order that threatens access to mifepristone, an escalation of a legal fight that could make it harder to undergo the procedure nationwide. But the appeals court voted 2-1 to temporarily reimpose restrictions on mifepristone, which will significantly limit access to the drug even in states where abortion is legal. Mifepristone, used in combination with another drug called misoprostol, is the most common method to terminate a pregnancy in the U.S., accounting for about half of all abortions. Misoprostol, which is used a standalone abortion drug in other parts of the world, is not impacted by the lower court rulings. Prelogar said the lower court rulings would immediately make all doses of mifepristone misbranded because their labelling would not be consistent with the FDA's original approval.

☆ Court Says Abortion Pill Can Remain Available but Imposes Temporary Restrictions
▼ + stars: | 2023-04-13 | by ( Pam Belluck | ) www.nytimes.com time to read: +1 min

Last week’s ruling by Judge Matthew J. Kacsmaryk, of the U.S. District Court for the Northern District of Texas, was a preliminary injunction saying that the F.D.A. Judge Kacsmaryk, a Trump appointee who has written critically of the Roe v. Wade decision, had stayed his order for seven days to give the F.D.A. The F.D.A had asked the appeals court to extend the stay beyond that seven days. In the decision, two Trump-appointed judges voted to reimpose some of the restrictions that the F.D.A. The third judge, appointed by President George W. Bush, said she would essentially have granted the full request.

☆ Euro zone can afford to keep fiscal taps running
▼ + stars: | 2023-01-31 | by ( Francesco Guerrera | ) www.reuters.com time to read: +7 min

If they don’t overdo it, governments can also ease the blow of the European Central Bank’s efforts to tame inflation. But euro zone leaders like Germany’s Olaf Scholz, France’s Emmanuel Macron and Italy’s Giorgia Meloni face pressure from economic policymakers to curb the handouts. The Commission estimates that the euro zone aggregate deficit will be 3.7% of GDP in 2023. As the ECB keeps a lid on growth to slay inflation, European governments can keep the fiscal taps open. Follow @guerreraf72 on TwitterloadingCONTEXT NEWSThe European Central Bank is putting pressure on euro zone governments to rein in fiscal spending.

☆ China steps up support for private sector to boost Covid-hit economy
▼ + stars: | 2022-12-19 | by ( Laura He | ) edition.cnn.com time to read: +5 min

Hong Kong CNN —Beijing has vowed to go all out next year to save its Covid-hit economy by boosting consumption and loosening control over private industry, including the struggling tech and property sectors. Covid infections are surging in China after leaders unexpectedly eased its restrictive Covid policy earlier this month. Stabilizing economic growth is the top priority for 2023, according to an official readout following the conclusion of the Central Economic Work Conference (CEWC), a key annual meeting of top leaders, which ended Friday. “We need to encourage and support the private sector economy and private enterprise in terms of policy and public opinion,” the statement said. A shopping mall is decorated with rabbit stickers to welcome the Lunar New Year, the Year of the Rabbit, on December 10, 2022 in Beijing, China.

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