Venezuela rejects ‘ridiculous’ US plan to designate Cartel de los Soles as a terrorist organization

Venezuela rejects ‘ridiculous’ US plan to designate Cartel de los Soles as a terrorist organization

(Reuters) – Venezuela’s government on Monday rejected what it called a “ridiculous” U.S. plan to designate the “nonexistent” de los Soles Cartel as a terrorist organization, ahead of Washington’s expected designation later in the day. US Secretary of State Marco Rubio said earlier this month that his country will designate the Cartel de los Soles … Read more

‘We are sitting here waiting [it] explode’

‘We are sitting here waiting [it] explode’

The wildfire risk for Texans is getting bigger and bigger, according to Newsweek. “We are sitting here waiting for the time bomb to explode,” said Steven Haynes, assistant professor of practice, finance and managerial economics at the University of Texas. He expects that there will be “rich sources of fuel scattered by strong winds” followed … Read more

Why the US dollar will continue to decline even if the 2026 economy improves

Why the US dollar will continue to decline even if the 2026 economy improves

00:00 Speaker A I thought your comments Gentlemen on the dollar were interesting where you call for a structural decline in the US dollar next year. How to Kamrage? Why does the dollar weaken even when the economy remains resilient? 00:15 Kamraj Well, I think this is the bit. I mean, if you look at … Read more

New AI club to deliver nuclear-like energy, says Russian tech chief

New AI club to deliver nuclear-like energy, says Russian tech chief

By Elena Fabrichnaya and Gleb Bryanski MOSCOW (Reuters) – Artificial intelligence will give the countries that can move forward now as much influence as nuclear technology, a top Russian AI executive said, giving them superiority this century. Alexander Vedyakhin, first deputy CEO of Sberbank, which is evolving from a major lender to an AI-focused tech … Read more

Uncovering two children ‘helps a lot’

Uncovering two children ‘helps a lot’

Removing the benefit cap for two children would “help a lot” to pay for everyday essentials, a mother-of-three in Bradford said. There has been speculation that Chancellor of the Exchequer Rachel Reeves could use her Budget speech later this week to lift the cap, which currently means parents can only claim universal credit or tax … Read more

Analysis-Shein’s first brick-and-mortar store highlights the existential pain of stores

Analysis-Shein’s first brick-and-mortar store highlights the existential pain of stores

By Alessandro Parodi, Helen Reid and Mimosa Spencer PARIS (Reuters) – Shein’s move to the flagship BHV in Paris has added political heat to the woes of department stores, which face an existential threat from a shift of shoppers to online retailers offering ultra-fast fashion. The Chinese budget retailer opened its first brick-and-mortar store in … Read more

Great Britain is one of the richest countries in the world. So why do a third of her children live in poverty?

Great Britain is one of the richest countries in the world. So why do a third of her children live in poverty?

Thea Jaffe never expected to use a baby bank. In fact, she was responsible for referring other single parents from her local community group to the charity Little Village, which provides essential supplies for new parents who might not otherwise be able to afford them – everything from strollers and cots to clothes, nappies, toys … Read more

How the Nexperia chip crisis is upending automotive supply chains

How the Nexperia chip crisis is upending automotive supply chains

DONGGUAN, China (Reuters) – A factory next to a weed-built lot in China’s industrial south has become a global choke point for auto chips, bringing down a sector that only a few years ago vowed not to be caught again by supply chain disruptions. Automakers have vowed to bolster supply lines after COVID-19 disrupted semiconductor … Read more

How the Nexperia chip crisis is upending automotive supply chains

How the Nexperia chip crisis is upending automotive supply chains

DONGGUAN, China (Reuters) – A factory next to a weed-built lot in China’s industrial south has become a global choke point for auto chips, bringing down a sector that only a few years ago vowed not to be caught again by supply chain disruptions. Automakers have vowed to bolster supply lines after COVID-19 disrupted semiconductor … Read more

‘Slender Man’ attacker Morgan Geyser cuts off monitoring bracelet and disappears

‘Slender Man’ attacker Morgan Geyser cuts off monitoring bracelet and disappears

Police say she stabbed her sixth-grade classmate to win favor with a fictional internet character called “Slender Man” more than a decade ago when she left a group home where she lived after cutting off her monitoring bracelet. Morgan Geyser, 23, was last seen in a residential neighborhood on the west side of Madison, Wisconsin, … Read more