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Mexico’s President Pitches Plan to Curb Import Reliance at North America Leaders Summit

MEXICO CITY, Nov 22 (Reuters) - Mexican President Andres Manuel Lopez Obrador said on Monday he proposed a plan last week to boost investment in North America to reduce reliance on foreign imports in his talks with U.S. President Joe Biden and Canada's Prime Minister Justin Trudeau. During the summit in Washington, Lopez Obrador said…

ByReutersNovember 22, 20210Comments

Economy Politics

Congress Is Waiting On The CBO For Its Build Back Better Report – But How Did Fiscal Scorekeepers Come To Be So Powerful In Politics?

“How much will it cost?” This question, perhaps more than any other, bedevils Congress’ efforts to change public policy. And whatever problems a major piece of legislation might purport to solve, no adjective grabs more headlines than the price tag. This is certainly the case in the current debate over President Joe Biden’s proposed Build…

ByReutersNovember 21, 20210Comments

Politics

House Passes Biden’s $1.75 Trillion Social Spending Bill, Sending to Senate

WASHINGTON, Nov 19 (Reuters) - President Joe Biden's $1.75 trillion bill to bolster the social safety net and fight climate change passed the U.S. House of Representatives on Friday and headed to the Senate, where divided moderates and liberals still need to reach agreement. The House passed the measure in a 220-213 vote, which…

ByMelissa PlattNovember 19, 20210Comments

Technology

Electric Cars Could One Day Power Your House – Here’s How to Make it Happen

Electric cars could help to power millions of households in the coming years, simply by harnessing their battery power. The electricity in the vehicle’s battery could be plugged back into the grid, instead of being stored. The technique was pioneered in Japan and our research will help understand how best to use it in the…

ByReutersNovember 19, 20210Comments

Politics Technology

How Big Tech is Changing Who’s in Charge of our Rights and Freedoms

Since the end of the 20th century, daily life for most of us has increasingly moved into the digital sphere. This has led to the rise of the so-called “onlife” dimension, which represents the intimate intertwining of our online and offline lives. One day we may see the creation of the so-called metaverse, a perpetual…

ByReutersNovember 18, 20210Comments

Business

Walmart Makes Strong Start to the Holidays as Shoppers Return to Stores

By Aishwarya Venugopal and Richa Naidu Nov 16 (Reuters) - Walmart Inc on Tuesday raised its annual sales and profit forecast in anticipation of a surge in demand for toys and apparel during the crucial holiday season, even as global supply chain disruptions hit its margins in the third quarter. Major retailers including Amazon.com have…

ByReutersNovember 18, 20210Comments

Economy Markets

Stocks Tick Up, Dollar Holds High Following Strong Retail Data

By Julien Ponthus and Pete Schroeder LONDON/WASHINGTON, Nov 16 (Reuters) - Wall Street opened higher on Tuesday as the dollar extended gains and strong U.S. retail sales data tempered concerns about the global economy. On Tuesday, the Commerce Department reported that U.S. retail sales increased more than expected in October as shoppers kicked off the…

ByReutersNovember 17, 20210Comments

Politics

The Cost of COVID: What Happens When Children Don’t Go to School

The COVID-19 pandemic has disrupted schools and universities across the world. UNESCO figures state that the worldwide average time lost due to COVID-19 related school closures has been two thirds of an academic year. This situation has been the most acute in Latin America and the Caribbean, where five months have been lost and three…

ByReutersNovember 17, 20210Comments

Environment

How The Spin-off Benefits of Climate Action Will Improve Life For Everyone

COP26 has drawn to a close, with mixed results. Some progress has been made since Paris 2015, but the latest projections confirm that we are nowhere near where we should be. As things stand, we are heading for 2.4℃ of warming with disastrous environmental and human consequences that will affect the global south hardest. Leaders…

ByReutersNovember 16, 20210Comments

Markets Technology

Bitcoin Slips Below $60,000 For The First Time in More Than Two Weeks

Nov 16 (Reuters) - Bitcoin, the world's biggest and best-known cryptocurrency, slipped below $60,000 on Tuesday, taking losses from a record high of $69,000 struck on Nov. 10 to more than 12%. Bitcoin was down 5% at $60,391.3 at 1253 GMT, after earlier falling as much as $58,563, its lowest since Oct. 28, while Ether, the second-biggest…

ByReutersNovember 16, 20210Comments

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