US to airlift baby formula from Britain

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‘Operation Fly Formula’ aims to tackle the national shortage crisis The US government has allowed powdered infant milk imports from the UK, the Food and Drug Administration announced in a statement on Tuesday, as the country is grappling with a … Continued

US tries to force Russian default

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Washington ends bond payments waiver, pushing Russia towards a technical default The US Treasury Department announced on Tuesday that it would not extend the sanctions waiver that allowed Russia to make sovereign debt payments to Americans, in a move officials … Continued