Exclusive: U.S. House to vote on Iran Sanctions Act renewal as soon as November
The Republican leaders of the U.S. House of Representatives plan a vote as soon as mid-November on a 10-year reauthorization of the Iran Sanctions Act, congressional aides told Reuters on Tuesday. The act, which expires on Dec. 31, is one of the major pieces of unfinished business facing lawmakers when they return to Washington after the Nov. 8 election. Aides said the reauthorization of a "clean" bill, unchanged from the current legislation, was likely to pass the House, but its fate in the Senate was less certain, given administration concerns about the bill.
Report: Gunmen still control metals mined for modern gadgets
Violent gunmen still menace pick-and-shovel miners in eastern Congo, a new report finds, despite years of efforts to loosen their grip by local reformers, Western activists and companies like Apple and ...
Trooper's widow urges voters to reject legalizing marijuana
BOSTON (AP) ? The widow of a state trooper killed by a driver accused of driving under the influence of marijuana is making an emotional plea against a ballot question that would legalize recreational pot.
Belgium saying Wallonia talks on EU-Canada deal progressing
BRUSSELS (AP) ? The Belgian government says that talks to convince the region of Wallonia to agree to a trade deal between the European Union and Canada are making progress, two days before the pact is supposed to be signed at a summit.
Senate Democrats aim to block LGBT measure from defense billWASHINGTON (AP) ? Senate Democrats are opposing a provision in the annual defense policy bill that they say would undercut protections against workplace discrimination based on sexual or gender orientation.
Highlights - Bank of England's Carney speaks in parliamentBank of England Governor Mark Carney spoke to a committee of lawmakers from the House of Lords in Britain's parliament on Tuesday. UK NEEDS FLEXIBILITY TO ADJUST FINANCIAL RULES "Because the UK financial sector is what it is, it's the most complex, it's the biggest relative to the economy, it's the most important by orders of magnitude in Europe and to some extent the world, we need the flexibility to go a little bit farther sometimes, to adjust those regulations in a way that helps protect the domestic economy from the scale of that financial sector.
Carney says politics not a factor for his Bank of England future
By David Milliken and William Schomberg LONDON (Reuters) - Bank of England Governor Mark Carney said on Tuesday that he would not be swayed by political issues as he weighs up whether to extend his stay at the British central bank beyond his scheduled departure in 2018. Carney also played down recent criticism by Prime Minister Theresa May of the "bad side-effects" of low interest rates. "I want to find some time to reflect on it," Carney told members of the House of Lords, the upper house of Britain's parliament, when asked about the factors that he was taking into account as he weighed up how long to stay at the BoE.
Carney says UK-EU trade links could be global templateBy Huw Jones LONDON (Reuters) - Britain's future trading relations in financial services with the European Union could be a template for a global regulatory system, Bank of England Governor Mark Carney said on Tuesday. Banks in Britain are readying plans to potentially shift some operations to continental Europe as hopes fade for unfettered access to the single market after the UK leaves the bloc. Some policymakers say the EU's system of "equivalence" could provide a gateway for UK-based banks into the bloc.
Sterling fall 'undoubtedly' on agenda at BoE rate meeting - CarneyBank of England Governor Mark Carney said on Tuesday that the central bank would "undoubtedly" take the recent fall of sterling into account when its policymakers meet to consider cutting interest rates in the coming days. "It's undoubtedly something we will take into account over the course of the next week as we sit down, update our forecast and make our policy decision," Carney told lawmakers. The BoE is due to announce on Nov. 3 whether it has cut interest rates to a new record low.
IMF: Sub-Saharan Africa growth to slow to lowest in 20 yearsWASHINGTON (AP) ? The International Monetary Fund warned on Tuesday that growth in the sub-Saharan Africa region is likely to slow to its lowest point in more than 20 years, with average growth forecast at just 1.5 percent this year due to lower commodity prices and an unfriendly global economic environment.