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U.S. dollar firms as treasury yields keep rising

NEW YORK, May 9 (Xinhua) -- The U.S. dollar rose in late trading on Tuesday as treasury yields kept rebounding and investors awaited inflation data.

The dollar index, which measures the greenback against six major peers, rose 0.23 percent at 101.6025 in late trading.

In late New York trading, the euro fell to 1.0967 U.S. dollars from 1.1007 dollars in the previous session, and the British pound was up to 1.2623 U.S. dollars from 1.2618 dollars in the previous session.

USA: Prosecutors want 25-year sentence in Texas protest killing

AUSTIN, Texas (AP) — Prosecutors are seeking at least 25 years in prison for a U.S. Army sergeant who fatally shot an armed man during a Black Lives Matter protest in Texas, saying his history of racist and provocative texts and social media posts expose a threat of violence likely to resurface.

Daniel Perry, 36, is scheduled to be sentenced Wednesday. He was convicted of murder in April for killing Garrett Foster during the downtown Austin protest in July 2020.

AP sources: US Rep. George Santos facing federal charges

NEW YORK (AP) — U.S. Rep. George Santos, who faced outrage and mockery over a litany of fabrications about his heritage, education and professional pedigree, has been charged with federal criminal offenses, two people familiar with the matter told The Associated Press.

The charges against Santos, filed in the Eastern District of New York, remain under seal.

Biden: Debt meeting ‘productive,’ default ‘not an option’: USA

WASHINGTON (AP) — President Joe Biden and congressional leaders confronted each other on the debt limit impasse Tuesday, ending their meeting with no breakthrough but agreeing to meet again this week to try to avert the looming risk of an unprecedented government default.

Speaking at the White House, Biden described the talks as “productive” even though House Speaker Kevin McCarthy said after the high-stakes Oval Office meeting that he “didn’t see any new movement” toward resolving the stalemate.

USA: Jury finds Trump liable for sexual abuse, awards accuser $5M

NEW YORK (AP) — A jury found Donald Trump liable Tuesday for sexually abusing advice columnist E. Jean Carroll in 1996, awarding her $5 million in a judgment that could haunt the former president as he campaigns to regain the White House.

The verdict was split: Jurors rejected Carroll’s claim that she was raped, finding Trump responsible for a lesser degree of sexual abuse. The judgment adds to Trump’s legal woes and offers vindication to Carroll, whose allegations had been mocked and dismissed by Trump for years.

Musadik Malik discusses steps to boost Pakistan’s energy productivity with senior US officials

WASHINGTON, May 09 (APP): The visiting Minister of State for Petroleum, Musadik Masood Malik, Monday discussed with senior U.S. officials ways and means to enhance productivity in the energy sector and plug Pakistan into Global Value Chains, the cross-border networks that bring a product or service from conception to market.

USA: Michael Cohen calls Trump's $500 mln suit against him "pure retaliation"

May 9 (Reuters) - Donald Trump's onetime lawyer and fixer Michael Cohen asked a court to throw out the former U.S. president's $500 million lawsuit against him, calling it an "abusive act of pure retaliation and witness intimidation."

Cohen's lawyers in a filing late Monday in Miami federal court said the lawsuit combined the "worst of Mr. Trump's vindictive impulses," and that its timing was no coincidence.

USA: Senators asks billionaire for list of gifts to Supreme Court Justice Thomas

WASHINGTON, May 9 (Reuters) - The Senate Judiciary Committee has asked Texas billionaire Harlan Crow to detail gifts he or his companies have made to U.S. Supreme Court Justice Clarence Thomas, the panel said on Tuesday.

"Recent investigative reporting has identified multiple instances in which you or entities you own or control have made payments, purchased real estate, or provided gifts, travel, or other items of value to Supreme Court Justice Clarence Thomas and members of his family," read the letter from committee Democrats including its chairman, Senator Dick Durbin.

USA: Texas driver charged with manslaughter after deadly Brownsville crash

May 8 (Reuters) - A Texas man accused of crashing his car into a group of pedestrians near a Brownsville homeless shelter housing migrants, killing eight people, has been charged with manslaughter and aggravated assault, police said on Monday.

The driver, identified as 34-year-old George Alvarez, ran a red light, lost control of his sports utility vehicle, and struck 18 people as the car flipped on its side, Brownsville Police Chief Felix Sauceda said.

How those fleeing Ukraine inspired US border policies

WASHINGTON (AP) — Shortly after Russia invaded Ukraine, refugees from the threatened nation started showing up at Mexico’s border with the United States. Roughly 1,000 Ukrainians a day flew to Tijuana on tourist visas, desperate to reach U.S. soil.

The volume was overwhelming the nation’s busiest border crossing in San Diego. In Tijuana, thousands of Ukrainians slept in a municipal gym hoping for a chance to cross into the U.S.

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