Bitcoin falls 3.7% to $24,987

(Reuters) – Bitcoin dropped 3.65% to $24,987 at 2103 GMT on Wednesday, losing $947 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 19.5% from the year’s high of $31,035 on April 14. Ether, the coin linked to the Ethereum blockchain network, dropped 5.36% to $1,646.1, losing $93.3 from its previous …

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Czech government approves plan seeking EU recovery fund loan

PRAGUE (Reuters) -The Czech centre-right Cabinet on Wednesday approved seeking a 137 billion crown ($6.25 billion) loan from the European Union’s post-COVID recovery funds, part of efforts to boost its energy transformation while cutting dependence on Russian fuels. The loan, equal to 5.76 billion euros at current exchange rates, will come from the EU’s Recovery …

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Fed’s Powell appears to see plenty of room to run on balance sheet drawdown

By Michael S. Derby WASHINGTON (Reuters) – Federal Reserve Chairman Jerome Powell said on Wednesday that financial conditions are likely to allow the central bank to press forward with the drawdown of its massive balance sheet through the remainder of the year. As the Treasury moves toward selling massive amounts of debt to rebuild its …

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Canada freezes deportation of Indian students who used fraudulent university letters

OTTAWA (Reuters) – Canada will freeze the planned deportation of dozens of students who entered the country using fraudulent university letters of acceptance, Immigration Minister Sean Fraser said on Wednesday. Fraser spoke after the Canadian Broadcasting Corp reported in March that several students from India had been served deportation papers for using forged documents to …

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Al menos 79 migrantes se ahogan y cientos están desaparecidos por naufragio en Grecia

Por Karolina Tagaris y Stamos Prousalis KALAMATA, Grecia, 14 jun (Reuters) -Al menos 79 migrantes murieron ahogados a primera hora del miércoles y cientos más están desaparecidos y se teme que estén muertos, tras el volcamiento del barco sobrecargado en el que viajaban, en uno de los naufragios más mortíferos de Europa en lo que …

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U.S. House votes down Republican motion to censure Democrat Adam Schiff

By Moira Warburton WASHINGTON (Reuters) – The U.S. House of Representatives on Wednesday rejected a Republican effort to censure Representative Adam Schiff, a Democrat who played a leading role in the first impeachment of then-President Donald Trump in 2019. The Republican-controlled chamber defeated the motion by a vote of 225 to 196, with 20 Republicans …

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Target’s move to pull some Pride merchandise is ‘wrong’, New York AG says

(Reuters) -Target’s move to pull some LGBTQ-themed merchandise from stores following customer backlash “is wrong,” New York Attorney General Letitia James said in a tweet on Tuesday and urged the retailer to reverse its decision. At least 14 New York officials have signed a letter regarding Target’s decision, according to James’s tweet. Target said last …

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Monedas y bolsas América Latina cierran con ganancias tras decisión de la Fed sobre tasas

Por Froilan Romero SANTIAGO, 14 jun (Reuters) – La mayoría de las monedas y bolsas de valores de América Latina cerraron con ganancias el miércoles, en medio de un retroceso global del dólar tras la decisión de la Reserva Federal de mantener sin cambios las tasas de interés. * La Fed dijo en sus nuevas …

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U.S. House panel votes to raise commercial pilot retirement age to 67

By David Shepardson WASHINGTON (Reuters) -A U.S. House of Representatives committee on Wednesday narrowly voted to raise the mandatory commercial pilot retirement age to 67 from 65. Members of the House Transportation and Infrastructure Committee voted 32 to 31 for the pilot age amendment to a proposed five-year bill to reauthorize the Federal Aviation Administration …

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