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Exclusive: After Cabinet opposed Mexican cartel policy, Trump forged ahead
By Jonathan Landay, Ted Hesson and Arshad Mohammed WASHINGTON (Reuters) – In the weeks before U.S. President Donald Trump’s declaration last month that he would forge ahead with designating Mexican drug cartels as foreign terrorist organizations, Cabinet members and top aides from across the government recommended against it, five people knowledgeable about the matter told […]
Deal reached to cut bankrupt Puerto Rico’s debt by $24 billion
SAN JUAN (Reuters) – Puerto Rico would shed about $24 billion of debt and move closer to exiting bankruptcy under an agreement with bondholders announced on Sunday by the U.S. commonwealth’s federally created financial oversight board. The deal would cut $35 billion of bonds and claims to about $11 billion as it increases the ranks […]
COVID-19: ‘Record number of new businesses’ predicted as UK comes out of coronavirus lockdown
The COVID-19 pandemic has had a detrimental impact on many businesses across the UK. In total, 396,155 firms closed in 2020, according to data from the Office for National Statistics. Around 250,000 small businesses are expected to fold this year, according to the Federation of Small Businesses. Certain industries, such as the beauty and tourism […]