Fed set to raise interest rates, give more detail on balance sheet wind-down

WASHINGTON (Reuters) – The U.S. Federal Reserve is widely expected to raise its benchmark interest rate this week due to a tightening labor market and may also provide more detail on its plans to shrink the mammoth bond portfolio it…

No cause to fire special counsel Mueller: deputy attorney general

WASHINGTON (Reuters) – The No. 2 official at the U.S. Justice Department on Tuesday told Congress the special counsel investigating Russia’s alleged interference in the 2016 U.S. presidential election and possible collusion with the Trump campaign is going to have…

Trump invites Republican senators to lunch with Obamacare repeal on menu

WASHINGTON (Reuters) – U.S. President Donald Trump invited 13 Republican senators to lunch on Tuesday to discuss the status of repealing and replacing Obamacare, a White House official said, as Senate Republicans struggled to produce legislation doing just that. Source:…

U.S. student, said to be in coma, released by North Korea

WASHINGTON (Reuters) – Otto Warmbier, a U.S. university student held captive in North Korea for 17 months, has been released, but a former U.S. official said on Tuesday he is in a coma and in urgent need of medical care….

U.S. 'not winning' in Afghanistan, Defense Secretary tells Congress

WASHINGTON (Reuters) – The United States is “not winning” the war against Taliban insurgents in Afghanistan, Defense Secretary Jim Mattis told Congress on Tuesday, promising to brief lawmakers on a new war strategy by mid-July that is widely expected to…

Otto Warmbier, American Held in North Korea, Has Been Released

Held prisoner for more than a year, Mr. Warmbier, 23, was serving a 15-year sentence for trying to steal a propaganda poster. Source: World

Trebbio Journal: Persuading Italians to Hold the Prosciutto and Pass the Pastrami

Gianluca Tonelli’s life changed 20 years ago when he visited Katz’s Delicatessen in New York City. Now he is on a quest to share the delights of pastrami in Tuscany. Source: World

Panama Establishes Ties With China, Further Isolating Taiwan

The decision, which also raises questions about waning American influence under President Trump, may put Taiwan’s relationship with its remaining allies in Central America in doubt. Source: World

Sessions to face questions on Russia, Comey in high-stakes Senate hearing

WASHINGTON (Reuters) – U.S. Attorney General Jeff Sessions will face questions on Tuesday about his dealings with Russian officials and whether he intentionally misled Congress as a Senate panel investigates the Kremlin’s alleged involvement in the 2016 U.S. presidential election….

Under pressure to soften Brexit, PM May to meet Northern Irish 'kingmakers'

LONDON (Reuters) – Prime Minister Theresa May will seek to strike a deal with a Northern Irish Protestant party to save her premiership on Tuesday as she comes under intense pressure to soften her approach to Brexit days before formal…