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US broadly eases Venezuela oil sanctions after election deal

US broadly eases Venezuela oil sanctions after election deal

© Reuters. FILE PHOTO: Venezuela’s President Nicolas Maduro speaks during a meeting with Iranian President Ebrahim Raisi at the Miraflores Palace, in Caracas, Venezuela June 12, 2023. REUTERS/Leonardo Fernandez Viloria/File Photo By Matt Spetalnick and Marianna Parraga WASHINGTON (Reuters) – The Biden administration on Wednesday broadly eased sanctions on Venezuela’s oil sector in response to…

Sam Bankman-Fried’s lawyer says FTX investments were not ‘reckless’

Sam Bankman-Fried’s lawyer says FTX investments were not ‘reckless’

By Luc Cohen NEW YORK (Reuters) -FTX founder Sam Bankman-Fried’s lawyer on Tuesday said the now-bankrupt cryptocurrency exchange’s investments were not “reckless and frivolous,” pushing back against testimony by former executive Nishad Singh portraying its spending on marketing and celebrity endorsements as excessive. Singh, FTX’s former engineering chief, testified for a second straight day at…

Tunisia president sacks the economy minister over statement about IMF

Tunisia president sacks the economy minister over statement about IMF

TUNIS (Reuters) – Tunisian President Kais Saied on Tuesday sacked Economy Minister Samir Saied after fresh statements that a deal with the International Monetary Fund (IMF) would be vital for obtaining other foreign financing. The president strongly opposes what he described as the dictates of the IMF, saying that the IMF is ‮”‬not sacred‮”‬ and…