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Biden mulls $60 billion for Ukraine, $10 billion for Israel in funding request

U.S. President Joe Biden's administration is considering $60 billion in assistance for Ukraine and $10 billion for Israel in a supplemental spending request he will send to Congress as soon as Friday, a source familiar with the matter told Reuters on Wednesday. Biden has been widely expected to ask Congress to pass a supplemental spending bill quickly, as Washington responds to the deadly Oct. 7 attack on Israel by Hamas militants while looking to continue to support Ukraine as it grapples...
United States Patricia Zengerle Christopher Cushing Nandita Bose Joe Biden Jim Risch
Source: yahoo.com

US House lawmaker receives death threats after voting against Jordan for speaker

U.S. Representative Mariannette Miller-Meeks has received "credible death threats," she said in a statement on Wednesday, after voting against Representative Jim Jordan for speaker of the U.S. House of Representatives. Jordan, a hardline conservative, was formally nominated by a majority of his party last week but has been unsuccessful in getting the necessary 217 Republicans to back him in two House votes so far, with more lawmakers from his own party opposing him on Wednesday than i...
United States Mariannette Miller Meeks Moira Warburton Mario Diaz Balart Christopher Cushing Noeleen Walder
Source: yahoo.com

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Caribbean Development Bank 'hopeful' $100 bln climate pledge can be met

The president of the Caribbean Development Bank said on Wednesday he is fairly hopeful developed nations will meet a 14-year-old pledge to provide $100 billion annually to mitigate the impacts of... -October 18, 2023 at 09:12 pm EDT - MarketScreener
United Arab Emirates David Alire Garcia Christopher Cushing Sarah Morland Caribbean Development Bank Hyginus Leon

Asian stocks fall, gold at over 2-month high as Middle East tension weighs

MSCI's broadest index of Asia-Pacific shares outside Japan was 1.11% lower and on course for a 1.4% decline in the week. Japan's Nikkei sank 1.35%. The broad sell-off in U.S. Treasuries continued into Asian hours with the yield on 10-year notes touching a fresh 16-year high as investors come to grips with the Federal Reserve's messaging that interest rates may stay higher for longer.
City Of United Kingdom Israel General United States Joe Biden Christopher Waller
Source: yahoo.com

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