LONDON (Reuters) – Mortgage costs for first-time home-buyers in Britain have risen to their highest since 2008, reflecting a surge in interest rates over the past year, Nationwide Building Society said on Friday. The average monthly mortgage payment for a new first-time buyer in the final quarter of 2022 was equivalent to 39% of a …
UK first-time home-buyers’ mortgage costs highest since 2008: Nationwide Read More »
By Deisy Buitrago CARACAS (Reuters) – Venezuela’s economy expanded around 15% last year, President Nicolas Maduro said on Thursday during his annual state of the nation address, crediting the expansion to diversification of the largely oil-focused economy. The South American country’s economy grew 17.73% year-over-year in the first three quarters of 2022, its central bank …
Venezuelan economy grew above 15% in 2022, president says Read More »
CARACAS, 12 ene (Reuters) – El presidente de Venezuela, Nicolás Maduro, dijo el jueves que la economía del país sudamericano creció aproximadamente 15% en 2022, atribuyendo la expansión a la diversificación económica y a la actividad petrolera. En diciembre, el Banco Central de Venezuela dijo que el Producto Interno Bruto (PIB) repuntó 17,73% en los …
Presidente de Venezuela estima que la economía creció 15% en 2022 Read More »
WASHINGTON (Reuters) – International Monetary Fund Managing Director Kristalina Georgieva said on Thursday that there is mounting evidence that the United States can avoid recession this year and achieve a “soft landing” for its economy. Georgieva told reporters that U.S. labor markets remain resilient and consumer demand remains strong despite increases in interest rates to …
IMF’s Georgieva says U.S. may be able to avoid recession in 2023 Read More »
By Nate Raymond (Reuters) – A U.S. government panel tasked with crafting federal sentencing policy on Thursday proposed curtailing the ability of judges to impose longer sentences on criminal defendants based on conduct for which they were acquitted at trial, a practice that the U.S. Supreme Court is considering addressing. The bipartisan U.S. Sentencing Commission …
U.S. panel proposes limiting sentencing of defendants for acquitted conduct Read More »
By Brendan Pierson (Reuters) -California is suing the United States’ leading insulin makers and pharmacy benefit managers, accusing them of using their market power to overcharge patients for the life-saving drug, the state’s attorney general announced on Thursday. The lawsuit, filed in California Superior Court in Los Angeles, targets Eli Lilly and Co, Novo Nordisk …
California lawsuit accuses drugmakers of insulin overcharging Read More »
By Andrew Goudsward and Sarah N. Lynch WASHINGTON (Reuters) – U.S. prosecutors on Thursday accused leaders of the far-right Proud Boys group of plotting an assault on American democracy as one of the most high-profile trials to stem from the Jan. 6, 2021 Capitol attack got underway. In an opening argument, federal prosecutor Jason McCullough …
Proud Boys ‘took aim’ at U.S. democracy, prosecutor tells Jan. 6 trial Read More »
By Alexandra Alper WASHINGTON (Reuters) – The White House will discuss a recent crackdown on exports of chip-making tools to China with Japanese and Dutch officials during upcoming visits, but they will not result in “immediate” pledges from the two countries to impose similar curbs, a person familiar with U.S. officials’ thinking said on Thursday. …
U.S. talks with Japanese, Dutch to yield no immediate China chip export curbs -source Read More »
By Anthony Deutsch, Anna Voitenko and Olena Harmash KHERSON, Ukraine (Reuters) – Oksana Minenko, a 44-year-old accountant who lives in the Ukrainian city of Kherson, said she was repeatedly detained and tortured by occupying Russian forces. Her husband, a Ukrainian soldier, died defending Kherson’s Antonivskyi bridge on the first day of full-scale war, she said. …
Scale of alleged torture, detentions by Russian forces in Kherson emerges Read More »
By Aditi Shah GREATER NOIDA, India (Reuters) -Tata group is considering setting up plants in India and Europe to produce battery cells for electric vehicles (EV), the chief financial officer of its auto unit told Reuters in an interview. With total sales of 50,000 electric cars to date, India’s Tata Motors dominates the country’s EV …
Tata considers India, Europe for EV cell manufacturing plants Read More »
