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UK’s May says to seek ‘pragmatic’ Brexit solution in Brussels

Britain's Prime Minister Theresa May waits for her New Zealand's counterpart Jacinda Ardern at Downing Street in London, Britain, January 21, 2019. REUTERS/Toby MelvilleLONDON (Reuters) - Prime Minister Theresa May said she would seek a “pragmatic solution” to a parliamentary impasse over the terms on which Britain leaves the European Union when she tries to reopen talks with Brussels. May, writing in The Sunday Telegraph newspaper, shed little light on how she intended to solve the issue that has provoked most opposition from her lawmakers, post-Brexit arrangements for the border between the United Kingdom and Ireland. Last month May suffered a record parliament defeat over her Brexit…

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Brazil’s Vale must change behavior after deadly dam bursts: solicitor general

BRUMADINHO, Brazil (Reuters) - Brazilian miner Vale needs to change its behavior, cooperate more with authorities and be more transparent after a deadly dam collapse at one of its mines that likely killed more than 300 people, Brazil’s solicitor general said on Saturday. Rescue workers search for victims of a collapsed tailings dam owned by Brazilian mining company Vale SA, in Brumadinho, Brazil February 2, 2019. REUTERS/Adriano MachadoSpeaking with reporters in the town of Brumadinho, near Vale’s Corrego do Feijao mine that collapsed late last month, André Mendonça added that Vale’s actions had not improved since another deadly tailings dam collapse in 2015, the Samarco project that…

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General Motors says in talks to invest $2.73 billion in Brazil till 2024

The GM logo is seen at the General Motors plant in Sao Jose dos Campos, Brazil, January 22, 2019. REUTERS/Roosevelt CassioSAO PAULO (Reuters) - General Motors Co said on Saturday it is negotiating “feasibility conditions” to invest 10 billion reais ($2.73 billion) in Brazil from 2020 to 2024, after having warned last month that new investments would depend on returning to profit. The automaker also said it is completing an investment plan of 13 billion reais between 2014 and 2019. “As market leaders, we are taking on the responsibility of facing the challenges of competitiveness that the industry is experiencing in order to make a sustainable future…

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UK PM’s office denies report of June 6 election plan

FILE PHOTO: Britain's Prime Minister Theresa May looks up during PMQ session in Parliament, in London, Britain, January 30, 2019. UK Parliament/Mark Duffy/Handout via REUTERS LONDON (Reuters) - British Prime Minister Theresa May’s office denied a report in the Mail on Sunday newspaper that the prime minister’s advisors were considering scheduling a national election for June 6. “It’s 100 percent untrue,” a Downing Street spokeswoman said about the article, which reported that May’s advisors were considering a June 6 election under a scenario in which Brexit was delayed past March 29 but May subsequently won parliament’s backing for a withdrawal deal in April. The article itself quoted…

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UK would regret no-deal Brexit ‘for ever’: business minister

LONDON (Reuters) - Britain would permanently regret leaving the European Union without a deal, and parliament needs to reach a decision to stop this in the next two weeks, business minister Greg Clark said in a newspaper interview on Saturday. An anti-Brexit protester demonstrates outside the Houses of Parliament, in Westminster, London, Britain January 29, 2019. REUTERS/Hannah Mckay/File PhotoClark’s comments in The Times come as the paper reported government documents warning Britain’s transport system could get overwhelmed after a no-deal Brexit, while The Guardian said officials feared mountains of rotting waste and animal slurry. Britain is due to leave the EU on March 29, but lawmakers last…

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Virginia governor says he will stay in job; denies appearing in racist photo

FILE PHOTO: Democratic candidate for governor Ralph Northam speaks after his election night victory at the campus of George Mason University in Fairfax, Virginia, November 7, 2017. REUTERS/Aaron P. Bernstein/File Photo(Reuters) - Virginia Governor Ralph Northam on Saturday resisted mounting pressure to resign from his post and said he did not appear in a yearbook photo from decades earlier, reversing his statement from a day earlier that it depicted him in racist garb at a party. “It is definitely not me,” Northam said at a news conference in Richmond, Virginia, adding that he would continue being governor as long as he felt comfortable doing the job. Reporting…

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Venezuela’s Maduro proposes earlier elections for National Assembly

Venezuela's President Nicolas Maduro attends a rally in support of the government and to commemorate the 20th anniversary of the arrival to the presidency of the late President Hugo Chavez in Caracas, Venezuela February 2, 2019. REUTERS/Manaure Quintero CARACAS (Reuters) - Venezuelan President Nicolas Maduro proposed on Saturday bringing forward parliamentary elections to this year, as he seeks to crush the threat posed by the National Assembly’s head, Juan Guaido, who has proclaimed himself legitimate head-of-state Maduro, in a speech to supporters, said the all-powerful government-controlled Constituent Assembly would debate calling earlier elections for the National Assembly, which he denounced as “bourgeois.” The parliamentary elections had been…

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Take Five: Dogs and Pigs – World markets themes for the week ahead

(Reuters) - Following are five big themes likely to dominate the thinking of investors and traders in the coming week and the Reuters stories related to them. People walk by a giant decoration in the shape of a pig ahead of the upcoming Chinese Lunar New Year in Yu Yuan Garden in Shanghai, China January 31, 2019. REUTERS/Aly SongGONE TO THE DOGS Investors burnt in the 2018 stock market rout will be happy to put the Year of the Dog behind them. Instead, the end of the Chinese Lunar New Year holiday will usher in the Year of the Pig, a symbol of wealth and prosperity. The…

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French ‘yellow vests’ march through Paris denouncing police violence

PARIS (Reuters) - Several thousand “yellow vest” protesters marched through Paris and other French cities on Saturday on the 12th weekend of action against the government, despite opinion polls pointing to a recovery in President Emmanuel Macron’s popularity. The protests - named after the fluorescent jackets French motorists are required to carry in their cars - began in mid-November over plans to raise fuel taxes before developing into a broader revolt against the government that mobilized tens of thousands of demonstrators nationwide each Saturday. The government warned on Friday police would not hesitate to use flash balls in case of violence by demonstrators after it was authorized…

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Venezuelan general defects as anti-Maduro rallies draw huge crowds

CARACAS (Reuters) - A high-ranking Venezuelan general called on the armed forces to rebel against President Nicolas Maduro and to recognize the opposition leader Juan Guaido as the interim chief as huge crowds rallied against the head of state, adding pressure on Maduro to step down. The military’s support is crucial for the embattled Maduro, who is deeply unpopular largely due to an unprecedented economic crisis that has prompted an exodus of millions, but claims he is victim of a coup directed by the United States. The general’s defection came as tens of thousands of opposition supporters, many sporting clothes in the yellow, blue and red colors…

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