Financial Wealth Daily

    Trump defeats Democrats’ lawsuit over election commission independence

    By Jonathan Stempel (Reuters) -A Washington, D.C. judge has dismissed the Democratic Party’s lawsuit accusing U.S. President Donald Trump of violating federal election law by trying to assert control over the independent Federal Election Commission. U.S. District Judge Amir Ali ruled on Tuesday night that three national Democratic committees lacked a “concrete and imminent injury”…

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    Exclusive-Car makers warn China’s rare-earth curbs could halt production

    By David Shepardson and Michael Martina WASHINGTON (Reuters) -Global auto executives are sounding the alarm on an impending shortage of rare-earth magnets from China – used in everything from windshield-wiper motors to anti-lock braking sensors – that could force the closure of car factories within weeks.  In a previously unreported May 9 letter to Trump…

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    North Korea enabled Russian attacks on Ukrainian civilian infrastructure, monitoring group says

    SEOUL (Reuters) – North Korea enabled Russia to increase missile attacks against critical Ukrainian civilian infrastructure and supplied more than 20,000 containers of munitions, according to a report by the Multilateral Sanctions Monitoring Team, a group comprising 11 UN members. The group, launched in October last year to monitor U.N. sanctions against North Korea after…

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