Iran Says Peace Proposal Includes Reparations for War Damage, US Troop Withdrawal

DUBAI, May 19 (Reuters) – Tehran’s latest peace proposal to the United States involves ending hostilities on all ⁠fronts ⁠including Lebanon, the exit of U.S. forces from areas ⁠close to Iran, and reparations for destruction caused by the U.S.-Israeli war, state media reported on Tuesday. In Tehran’s first comments on ​the proposal, Deputy Foreign Minister …

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Eroding ACA enrollment portends higher insurance rates

Enrollment in the Affordable Care Act continues to erode as some customers struggle to make premium payments, with the declining numbers churning market uncertainty for insurers. In response, insurers are likely to raise rates again next year, following this year’s larger-than-typical hikes. Sign-ups were already down in January by about 1.2 million from last year’s …

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EU Prepares to Cut US Import Duties to Avoid Trump Tariff Hike

BRUSSELS, May 19 (Reuters) – European Union negotiators were ⁠expected ⁠to agree on Tuesday to ⁠scrap import duties on U.S. goods to comply with the trade deal ​struck with the United States last year and ward off U.S. President Donald Trump’s threat of much ‌higher tariffs. Under the terms of the ‌deal struck at Trump’s …

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Malaysia Seeks More Than $250 Million From Norway Over Axed Defence Deal

KUALA LUMPUR, May 19 (Reuters) – Malaysia’s defence minister ⁠on ⁠Tuesday said a notice ⁠has been sent to Norway seeking compensation of more than ​1 billion ringgit ($251.76 million), after Oslo abruptly cancelled export approvals for a naval ‌strike missile system intended for ‌Malaysian combat ships. Norway has said certain export licenses of specific defence …

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Factbox-What’s at Stake in Armenia’s June Election?

May 19 (Reuters) – Armenia holds a parliamentary election on June 7 ⁠that ⁠pits the governing Civil Contract party, which is ⁠pursuing closer ties with the West, against an array of opposition parties, many of which are pro-Russian. Opinion ​polls and analysts predict that Civil Contract, led by Prime Minister Nikol Pashinyan, will emerge as …

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Former Spanish PM Zapatero Investigated in Influence Peddling Case

MADRID, May ⁠19 (Reuters) – ⁠Former ⁠Spanish Prime Minister ​Jose Luis ‌Rodriguez Zapatero ‌is ⁠being ⁠investigated for alleged influence peddling ​and related crimes, ​the country’s High ⁠Court ⁠said on ⁠Tuesday. In a ​statement, the court ​said ⁠Zapatero’s office in ⁠Madrid was being searched alongside three ⁠other premises, adding the former premier had been summoned to …

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Starbucks Korea Head Fired After ‘Tank Day’ Promotion Sparks Public Uproar

SEOUL, May 19 (Reuters) – The head of Starbucks Korea has been ⁠fired ⁠after a marketing campaign sparked public outrage and ⁠boycott calls for evoking painful memories of a brutal military crackdown on pro-democracy protesters in 1980. Shinsegae ​Group, the retail conglomerate that licenses and manages the U.S. coffee chain in South Korea, said it …

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