Jaded Argentines brace for looming debt default

Jaded Argentines brace for looming debt default

By Eliana Raszewski and Richard Lough BUENOS AIRES (Reuters) – Factory owner Norberto Garcia was poised to launch a series of new toys this year after grafting hard for the past decade to rebuild his business following Argentina’s 2001-2002 economic crash and debt default. Instead, he’s hunkering down for a possible second default this Thursday, [...]

U.S. GMO crop companies double down on anti-labeling efforts

By Carey Gillam (Reuters) – One year after the launch of a social media effort to allay consumers’ concerns about the safety of foods made from genetically modified crops, U.S. companies that develop GMOs have further committed to a multimillion-dollar campaign to defeat attempts to add GMO labels to such foods. "We are not going [...]

Nigeria isolates hospital in Lagos as Obama briefed on Ebola outbreak

Nigeria isolates hospital in Lagos as Obama briefed on Ebola outbreak

By Tim Cocks LAGOS (Reuters) – The Nigerian city of Lagos shut and quarantined a hospital on Monday where a Liberian man died of the Ebola virus, the first recorded case of the highly-infectious disease in Africa’s most populous country. Patrick Sawyer, a consultant for Liberia’s Finance Ministry in his 40s, collapsed on arrival at [...]

Iraq lays claim to Kurdish crude cargo in Texas court

HOUSTON (Reuters) – Iraq filed suit on Monday in a Texas court to gain control of a cargo of crude oil from Iraqi Kurdistan that Baghdad says was sold without its permission. The United Kalavrvta tanker, carrying some 1 million barrels of crude worth about $100 million, arrived off the coast of Texas on Saturday [...]

U.S. officials defend Kerry from Israeli criticism

U.S. officials defend Kerry from Israeli criticism

By Steve Holland WASHINGTON (Reuters) – Obama administration officials rallied to the defense of U.S. Secretary of State John Kerry on Monday after withering criticism in Israel of Kerry’s failed attempt to secure a ceasefire between Israelis and Palestinians. The critiques of Kerry centered around ideas that U.S. officials say were sent to Israeli officials, [...]

U.S. ‘disappointed’ Netherlands released Venezuelan wanted over drugs

U.S. ‘disappointed’ Netherlands released Venezuelan wanted over drugs

By Patricia Zengerle WASHINGTON (Reuters) – The United States is "deeply disappointed" the Netherlands released a former Venezuelan military intelligence chief detained over U.S. drug trafficking allegations, and is "disturbed" at reports indicating Caracas used threats to obtain his freedom, the State Department said on Monday. Instead of being extradited to the United States, retired [...]

Judge gives go-ahead for $2 billion sale of NBA’s Clippers

Judge gives go-ahead for $2 billion sale of NBA’s Clippers

By Eric Kelsey LOS ANGELES (Reuters) – The estranged wife of Los Angeles Clippers co-owner Donald Sterling can proceed with the record $2 billion sale of the NBA team despite her husband’s objections, a judge ruled on Monday, in a likely coda to a case of lingering racism in American sports. Los Angeles Superior Court [...]

U.S. appeals court strikes down Virginia’s gay marriage ban

By Ian Simpson (Reuters) – A U.S. appeals court on Monday struck down Virginia’s ban on same-sex marriage as unconstitutional, the latest in a string of court rulings across the country to back gay marriage. A panel of the 4th U.S. Circuit Court of Appeals in Richmond, Virginia, ruled 2-1 to affirm a February ruling [...]

Rare tornado touches down outside Boston, no deaths reported

Rare tornado touches down outside Boston, no deaths reported

By Scott Malone BOSTON (Reuters) – Police and emergency crews in the city of Revere, Massachusetts, outside Boston scrambled to clean up after a rare tornado touched down on Monday, downing power lines, damaging homes and overturning at least one car. The National Weather Service confirmed that a tornado touched down during a storm that [...]

Consumer spending, inventories seen lifting U.S. second-quarter GDP

Consumer spending, inventories seen lifting U.S. second-quarter GDP

By Lucia Mutikani WASHINGTON (Reuters) – U.S. economic growth likely rebounded in the second-quarter from a winter-induced slump at the start of the year and will probably continue to gather momentum through the rest of 2014. Gross domestic product likely grew at a 3.0 percent annual rate, according to a Reuters survey of economists, lifted [...]