Town Hall News

By Steve Scherer and David Ljunggren OTTAWA (Reuters) -The Bank of Canada (BoC) on Wednesday held its key overnight interest rate at 5%, noting that the economy had entered a period of weaker growth, but said it could raise borrowing costs again should inflationary pressures persist. The central bank hiked rates by a quarter point in both June and July in a bid to tame stubbornly high inflation, which has […]

(Reuters) -The Pentagon on Wednesday announced a new security assistance package worth up to $175 million for Ukraine, including depleted uranium ammunition for Abrams tanks, the first time the U.S. is sending the controversial armor-piercing munitions to Kyiv. Reuters was first to report last week that the rounds, which could help destroy Russian tanks, would form part of a new military aid package for Ukraine, which Russian forces invaded in […]

(Reuters) – A magnitude 6.5 earthquake struck near coast of Central Chile on Wednesday, the German Research Center for Geosciences (GFZ) said. The quake was shallow, at a depth of 10 km (6.21 miles), GFZ said. (Reporting by Nilutpal Timsina in Bengaluru; Editing by Sandra Maler) Brought to you by www.srnnews.com

NEW YORK (Reuters) – Latin American is at the crossroads of climate finance and supply chain rebuilding, and it could benefit from putting the correct policies in place, according to a G30 report on the drivers of underdevelopment published on Wednesday. The report’s recommendations include getting the region’s macroeconomic framework in shape, investing better in infrastructure, and strengthening political parties. But they vary depending on the specific country. The Group […]

TOKYO (Reuters) – Japan launched the H-IIA rocket carrying the national space agency’s moon lander on Thursday morning, after unfavourable weather led to three postponements in a week last month. Japan Aerospace Exploration Agency (JAXA) said the rocket took off from its Tanegashima Space Center in southern Japan as planned. Mitsubishi Heavy Industries operated the launch. The rocket is carrying JAXA’s Smart Lander for Investigating Moon (SLIM) spacecraft, dubbed “moon […]

TOKYO (Reuters) – Japan launched the H-IIA rocket carrying the national space agency’s moon lander on Thursday morning, after unfavourable weather led to three postponements in a week last month. Japan Aerospace Exploration Agency (JAXA) said the rocket took off from its Tanegashima Space Center in southern Japan as planned. Mitsubishi Heavy Industries operated the launch. The rocket is carrying JAXA’s Smart Lander for Investigating Moon (SLIM) spacecraft, dubbed “moon […]

MEXICO CITY (Reuters) -The Mexican ruling party’s plans to name on Wednesday its candidate for next year’s presidential election were roiled by controversy when one of the leading contenders denounced the vote to pick a winner and said it must be redone. Polls suggest former Mexico City Mayor Claudia Sheinbaum is the favorite to claim the nomination of the National Regeneration Movement (MORENA), but hours before the winner was due […]

MEXICO CITY (Reuters) – Mexico’s Supreme Court on Wednesday struck down a federal law criminalizing abortion, reaffirming an earlier ruling that criminal penalties for abortion were unconstitutional and allowing the federal healthcare system to provide services. Mexico’s highest court, which consists of 11 justices, declared that criminal penalties for abortion were unconstitutional in 2021, but the ruling only applied to the northern state of Coahuila, where that case originated. Wednesday’s […]

By Nate Raymond (Reuters) – A major U.S. law firm has changed the criteria for a fellowship aimed at promoting diversity in the legal profession after the conservative activist behind the successful U.S. Supreme Court challenge to the consideration of race in college admissions accused it of discriminating against white applicants. San Francisco-founded Morrison & Foerster has removed language specifying that the fellowship is only open to Black, Hispanic, Native […]