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IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutions

By Andrea Shalal, David Lawder and Libby George WASHINGTON, April 19 (Reuters) - Global finance leaders, whipsawed by Middle East war news, came to grips this past week with their inability to mitigate the economic damage from increasingly frequent geopolitical shocks, and a realization that ...
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Analysis-Investors pile into US stocks as ‘TINA’ revival knocks ‘TIARA’ trades

By Amanda Cooper and Samuel Indyk LONDON, April 19 (Reuters) - The U.S.-Iran ceasefire in early April appears to have revived so-called TINA ("There Is No Alternative") trades, driven by peace hopes, soaring U.S. earnings growth and the relative insulation of the world's biggest economy ...
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Iran doubles down on closing the Strait of Hormuz as the ceasefire nears expiration

CAIRO (AP) - Iran doubled down on its pledge to restrict ships passing through the Strait of Hormuz as long as the U.S. blockade of Iranian ports remains in place, as mediators scrambled to extend the ceasefire set to expire on Wednesday. The dueling blockades ...
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Indiana primary will test Trump’s control over Republican Party after redistricting defiance

WEST LAFAYETTE, Ind. (AP) - The only thing standing between President Donald Trump and his revenge on Indiana state senators are people like Julie Wise. She's 48 years old, works at a hospital, describes herself as a conservative and voted for Trump in the last ...
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The Latest: Standoff escalates after Iran closes Strait of Hormuz over US blockade

Iran reversed its decision to reopen the Strait of Hormuz and warned that it would continue to block transit through the strait as long as the U.S. blockade of Iranian ports remained in effect. The escalating standoff over the critical choke point threatened to deepen ...
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A big midterms year in Arizona kicks off with the state’s largest county embroiled in election drama

PHOENIX (AP) - Arizona is expected to have at least two competitive U.S. House races in November while Democrats will be defending their seats for governor, attorney general and secretary of state. Yet so far, it's been the office running elections in the state's most ...
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Billionaire Steyer’s spending binge dwarfs rival campaigns in California governor’s race

LOS ANGELES (AP) - In the wide-open race for California governor, billionaire Tom Steyer is on a spending binge. The hedge fund manager-turned-liberal activist is using his personal fortune to saturate TV screens and mobile phones with advertising, while his competitors accuse him of trying ...
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The US backs a South Africa project to extract rare earths despite a diplomatic clash

PHALABORWA, South Africa (AP) - Two enormous sandlike dunes at an old chemical processing plant in South Africa are at the center of an exploratory U.S.-backed project to extract highly sought-after rare earth elements from industrial mining waste. The Phalaborwa Rare Earths Project has U.S. ...
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A humanoid robot sprints to victory in Beijing, beating the human half-marathon world record

BEIJING (AP) - A humanoid robot that won a half-marathon race for robots in Beijing on Sunday ran faster than the human world record in a show of China's technological leaps. The winner from Honor, a Chinese smartphone maker, completed the 21-kilometer (13-mile) race ...
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Rubber bullets, pepper spray and arrests as protesters try to storm a Wisconsin beagle lab

BLUE MOUNDS, Wis. (AP) - About 1,000 animal welfare activists who tried to gain entry Saturday to a beagle breeding and research facility in Wisconsin were turned back by police who fired rubber bullets and pepper spray into the crowd and arrested the group's ...
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Construction on Trump’s White House ballroom can continue for now, US appeals court says

WASHINGTON (AP) - A federal appeals court is allowing President Donald Trump to continue building a $400 million ballroom at the White House, ruling a day after a lower court judge continued to block above-ground construction on the site of the former East Wing. ...
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US Coast Guard spots overturned vessel near Saipan during search for missing ship with 6 on board

HAGATNA, Guam (AP) - An airplane search crew spotted an overturned ship matching the description of a cargo vessel that went missing with six people on board near the U.S. territory of Saipan, though authorities were not able to confirm whether it was the ...
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