Texas AG Paxton fled home with his wife to avoid subpoena in abortion case

Texas Attorney General Ken Paxton fled his home to avoid being served a subpoena Monday in a federal lawsuit filed by groups seeking to help Texans receive out-of-state abortions, court filings show. Paxton ran from the garage of his home in McKinney, Texas, into a truck driven by his wife, state Sen. Angela Paxton, while … Read more

Larry Summers blasts UK’s ‘utterly irresponsible’ fiscal policy

Larry Summers Cameron Costa | CNBC LONDON — Former U.S. Treasury Secretary Larry Summers on Tuesday warned that the U.K. has lost sovereign credibility after the new government’s fiscal policy sent markets into a tailspin. The British pound hit an all-time low against the dollar in the early hours of Monday morning, before recovering slightly on Tuesday, while the U.K. … Read more

The church linked to Abe’s killing, Japan’s political turmoil | Politics News

Shinzo Abe was not his assassin’s preferred target. Investigators say Tetsuya Yamagami, who fatally shot Japan’s longest-serving prime minister on July 8, had initially wanted to kill the leader of the Unification Church — a South-Korean religious sect that the 41-year-old blames for his family’s financial ruin. But the COVID-19 pandemic got in the way. … Read more

Edward Snowden: Putin grants former NSA contractor Russian citizenship

CNN  —  Russian President Vladimir Putin has granted former NSA contractor Edward Snowden Russian citizenship, according to an official decree published on the Russian government portal Monday. Snowden is accused of espionage and theft of government property in the US for leaking troves of information on American intelligence and mass surveillance programs to the media. … Read more

Biden to announce new rules for airlines and travel sites to be more transparent about additional fees

CNN  —  President Joe Biden announced new rules Monday requiring airlines and travel sites to be more transparent about additional fees customers could be charged, fighting what he called “unnecessary hidden fees” that were “weighing down family budgets.” Under the proposed rule, airlines and travel sites “would have to disclose up front – the first … Read more

EU, US question Serbia’s EU commitment after Russia deal | European Union News

West questions Belgrade after signing a deal with Moscow pledging long-term consultations on foreign policy. The European Union and the United States have questioned Serbia’s proclaimed commitment to join Europe’s 27-nation bloc after Belgrade signed an agreement with Moscow pledging long-term “consultations” on foreign policy matters amid Russia’s war in Ukraine. Serbia’s officials signed the … Read more

CBO says Biden’s student loan cancellation plan could cost $400 billion

Washington CNN  —  President Joe Biden’s plan to cancel up to $20,000 in federal student loan debt for low- and middle-income borrowers could cost $400 billion, according to a Congressional Budget Office report released Monday. Biden announced the forgiveness plan in August, after facing mounting pressure from progressives to broadly cancel some student loan debt. … Read more

Eight states file action against Nexo crypto lending platform

New York State Attorney General Letitia James speaks at a news conference after former U.S. President Donald Trump’s White House chief strategist Steve Bannon arrived to surrender, in New York, U.S., September 8, 2022. Caitlin Ochs | Reuters Eight states announced on Monday they’re bringing actions against the crypto lending platform Nexo Group in connection … Read more

Biden administration seeks new rules on airline fee disclosures

Travelers at LaGuardia Airport (LGA) in the Queens borough of New York, US, on Friday, July 2, 2022. As travel is ramping up for the July 4th holiday, staffing shortages are causing problems for some of the nations largest airlines. Angus Mordant | Bloomberg | Getty Images President Joe Biden plans to announce new rules … Read more

Russian stocks tumble to their weakest level since 2017 amid reports of possible new sanctions

Russian stocks sank on Monday to levels not seen since 2017, weighed down by a global market selloff, threats of more sanctions and signs of continued unrest after last week’s partial mobilization. The MOEX, a closely watched benchmark of Russian stocks, fell as much as 10% on Monday and was last down around 6% to … Read more