Hate crimes in US surged 11.6 per cent in 2021

WASHINGTON – Hate crimes surged by 11.6 per cent in 2021 from 2020, with the most frequent ones fueled by racial, ethnic and ancestral bias, the FBI said on Monday.…

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Rolex accelerates Swiss production boost to meet rising demand

GENEVA – Rolex will create three temporary production facilities that will begin churning out luxury watches in 2025, as the world’s largest maker of high-end timepieces seeks to boost output…

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Silicon Valley Bank collapse: How the financial institution fell into ruin

But what exactly led SVB to go under last week? Here’s what we know. Read more: Silicon Valley Bank’s Toronto branch seized by Canada’s banking regulator amid collapse It hasn’t…

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Trump looks to play catch-up to DeSantis on education in 2024 race

DAVENPORT, Iowa – Florida governor Ron DeSantis has shown that waging cultural warfare over education can pay off with voters, and now Mr Donald Trump is looking to get in…

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Biden backs $11b Alaska oil project despite climate peril

WASHINGTON – US President Joe Biden has authorised a giant ConocoPhillips oil project in north-west Alaska that environmentalists argue has no place in a warming world, even as he sought…

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Australia to get nuclear-powered submarines as part of AUKUS alliance strategy

Leaders of the U.S., Australia and Britain are set to unveil plans to provide Australia with nuclear-powered submarines on Monday, in a major push against China’s ambitions in the Indo-Pacific. Read…

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America’s Gen Z spending gets supercharged by inflation and wage growth

NEW YORK – Most people enter adulthood feeling broke and spending frugally. Not Gen Z. Spending by the youngest group of US adults has been turbocharged by two once-in-a-generation drivers over…

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Late-winter storm to bring snow to north-east US, mostly rain to New York City

NEW YORK – New York City is poised to miss the worst of a powerful late-winter storm that will bring heavy snow to areas north and west of the city…

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Biden says US banking system is safe after SVB, Signature collapse

WASHINGTON – United States President Joe Biden declared the US banking system “safe” and vowed stiffer bank regulation, after US regulators were forced to step in with a series of…

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Grain deal talks resume between Russia, UN as deadline nears

Negotiations began on Monday between UN officials and Russian Deputy Foreign Minister Sergei Vershinin on a possible extension to a deal allowing the safe export of grain from Ukraine’s Black Sea ports, the…

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