Today: October 09, 2024
Today: October 09, 2024

DEA could reclassify marijuana to a less restrictive category – a drug policy expert weighs the pros and cons

DEA could reclassify marijuana to a less restrictive category – a drug policy expert weighs the pros and consThe move would not make marijuana legal at the federal level for recreational use and would require dispensaries to comply with medical marijuana requirements.

The Drug Enforcement Administration announced in early 2024 that it would act on President Joe Biden’s call to reclassify marijuana, moving it from the tightly controlled Schedule I category that it has been in since 1970 to the less restrictive Schedule III status of the Controlled Substances Act. That triggered a long process of hearings and reviews that will not be completed until after the presidential election in November.

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Americas|Economy|Finance

Ecuador replaces energy minister amid power cuts

The office of Ecuador's President Daniel Noboa said in a statement on Wednesday it has replaced Energy Minister Antonio Goncalves, as the Andean country grapples with planned power

Ecuador replaces energy minister amid power cuts
Economy|Finance|US

US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months

The interest rate for the most popular U.S. home loan rose to 6.36% last week, marking the biggest weekly increase in more than a year after better-than-expected economic data caused

US 30-year mortgage rate jumps to 6.36%, biggest weekly gain in 15 months
Economy|Europe|Finance|World

EU envoys approve up to 35 billion euros contribution to G7 loan for Ukraine

EU envoys agreed on Wednesday to give Ukraine up to 35 billion euros as part of the bloc's share in a larger planned loan from the Group of Seven nations (G7)

EU envoys approve up to 35 billion euros contribution to G7 loan for Ukraine
Business|Economy|Finance|US

Citgo auction in jeopardy as Venezuela bondholders pursue parallel claims  

Holders of billions of dollars in Venezuelan bonds and notes have emerged as last-minute protagonists in a U.S. court case set to decide the ownership of oil

Citgo auction in jeopardy as Venezuela bondholders pursue parallel claims  
Americas|Economy

Latin America and Caribbean growth to slow to 1.9% in 2024, says World Bank

Economic growth across Latin America and the Caribbean is seen slowing to 1.9% this year from 2.1% in 2023 before accelerating again in 2025, according to the World Bank,

Latin America and Caribbean growth to slow to 1.9% in 2024, says World Bank
Business|Economy|Finance|US

US wholesale inventories revised lower in August

U.S. wholesale inventories rose less than initially thought in August amid a sharp moderation in the pace of increase in motor vehicle stocks, a trend that if sustained could

US wholesale inventories revised lower in August
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Business|Economy|Health|US

US hospitals strained by IV fluid supply limits after Helene hit production site

US hospitals strained by IV fluid supply limits after Helene hit production site
Business|Economy|Finance|Technology

Climate solution: Form Energy secures $405M to speed development of long-awaited 100-hour battery

Climate solution: Form Energy secures $405M to speed development of long-awaited 100-hour battery
Asia|Business|Economy

Indian tycoon Ratan Tata dead at 86

Indian tycoon Ratan Tata dead at 86
Business|Economy|Finance

Recession fears are fading. Now it’s time for America’s companies to back that up

Recession fears are fading. Now it’s time for America’s companies to back that up