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US Drought Monitor: California Storms Bring Some Improvement

California remains in the grip of a yearslong drought but recent storms have led to some improvement, according to the U.S. Drought Monitor's weekly report. The latest map issued Thursday showed some contraction in all categories of drought, including “exceptional” and “extreme,” compared to a week earlier. A year ago the two worst categories combined covered most...

US Imposes More Penalties on Russia’s Financial Sector

The United States on Thursday imposed a new round of financial penalties on people and entities involved in Russia's financial sector, with the targets including one of that country's richest men, Vladimir Potanin, his family and a commercial bank he acquired this year. The Treasury Department's Office of Foreign Assets Control also...

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