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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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
Americas|Economy|Education

Milei faces test as Argentina's Congress votes on university funding

Argentina's lower house of Congress will vote on Wednesday on plans opposed by the government to hike funding for public universities, a ballot which will test the limits of

Milei faces test as Argentina's Congress votes on university funding
Economy|Environment|US

Milton threatens to upend shaky Florida homeowners insurance market

Hurricane Milton threatens to swamp Florida's troubled property-insurance market, potentially pushing prices higher and threatening

Milton threatens to upend shaky Florida homeowners insurance market
Africa|Business|Economy|Europe

Algeria bars France from wheat import tender as relations sour, sources say

Algeria excluded French companies from a wheat import tender this week and required that participating firms did not offer French-origin wheat, in

Algeria bars France from wheat import tender as relations sour, sources say
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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
Economy|Environment|Local

RPV residents to have L.A. alternate energy inspection fees waived

RPV residents to have L.A. alternate energy inspection fees waived
Americas|Economy|Finance

Ecuador replaces energy minister amid power cuts

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

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