kslmadmin

By Kanishka Singh WASHINGTON (Reuters) – The U.S. Environmental Protection Agency (EPA) on Wednesday proposed stricter regulations for lead exposure in residential buildings and childcare facilities. Any amount of lead found in a building will be regarded as hazardous, according to the proposed rule from the EPA that would lower its lead dust hazard level to any level greater than zero. The rule will, therefore, require disclosures for home buyers, […]

By Asif Shahzad ISLAMABAD (Reuters) -The International Monetary Fund’s board approved a $3 billion bailout programme for Pakistan which will immediately disburse about $1.2 billion to help stabilise the South Asian ailing economy, the lender said on Wednesday. Pakistan and the Fund reached a staff level agreement last month, securing a short-term pact, which got more than expected funding for the country of 230 million, which faced an acute balance […]

By Steve Holland, Andrew Gray, John Irish and Sabine Siebold VILNIUS (Reuters) -President Joe Biden accused Russian President Vladimir Putin of having a “craven lust for land and power” at the end of a NATO summit on Wednesday where Ukraine won new security assurances from the U.S. and its allies for its defence against Moscow. Members of the world’s most powerful military bloc offered the prospect of long-term protection a […]

By Steve Holland, Andrew Gray, John Irish and Sabine Siebold VILNIUS (Reuters) -President Joe Biden accused Russian President Vladimir Putin of having a “craven lust for land and power” at the end of a NATO summit on Wednesday where Ukraine won new security assurances from the U.S. and its allies for its defence against Moscow. Members of the world’s most powerful military bloc offered the prospect of long-term protection a […]

LIMA (Reuters) – Peru extended a state of emergency for another 30 days along the country’s main roadways, including a key mining corridor, as a new round of protests are expected to kick off next week, the country’s prime minister said on Wednesday. Protests gripped Peru late last year after former President Pedro Castillo attempted to illegally dissolve Congress, was ousted and detained. He remains jailed and his vice president […]

LIMA (Reuters) – Peru extended a state of emergency for another 30 days along the country’s main roadways, including a key mining corridor, as a new round of protests are expected to kick off next week, the country’s prime minister said on Wednesday. Protests gripped Peru late last year after former President Pedro Castillo attempted to illegally dissolve Congress, was ousted and detained. He remains jailed and his vice president […]

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more than 1% in the Nasdaq after a report showed inflation subsided further with consumer prices registering their smallest annual increase in more than two years. The data underscored expectations the Federal Reserve may let interest rates stand after one more 25 basis point hike expected at its July policy meeting. […]

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. stocks ended solidly higher on Wednesday, led by a gain of more than 1% in the Nasdaq after a report showed inflation subsided further with consumer prices registering their smallest annual increase in more than two years. The data underscored expectations the Federal Reserve may let interest rates stand after one more 25 basis point hike expected at its July policy meeting. […]

By Michael S. Derby NEW YORK (Reuters) – Cleveland Federal Reserve President Loretta Mester said on Wednesday that the U.S. central bank’s new real-time money moving system is being designed in a way that should help ensure financial stability should bank stress arise. Mester acknowledged concerns that FedNow, a real-time, all-hours payment system the central bank is making available to banks, could exacerbate banking troubles by facilitating fast outflows from […]