US cuts proposed tariffs on Italian pasta exporters

The US has significantly reduced proposed tariffs on 13 Italian pasta exporters, the Commerce Department said on Wednesday. Pasta makers previously faced a potential 92 percent fee after the agency determined they were selling their pasta at unfairly low prices. The proposed tariff on Garofalo was reduced to 13.89 percent, while the proposed tariff on…

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SBA says it has suspended '6,900 Minnesota borrowers' over suspected fraud

Small Business Administration (SBA) Administrator Kelly Loeffler said Thursday night that her agency has suspended “6,900 Minnesota borrowers” over suspected fraudulent activity in connection with COVID-era loan programs. Loeffler said the SBA reviewed thousands of potentially “fraudulent” Paycheck Protection Program (PPP) and Economic Injury Disaster Loan (EIDL) payments approved in Minnesota last week. , Source…

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Iran protests escalate with deadly police clashes

Widespread protests in Iran over the country’s deteriorating economy escalated on Thursday, as protesters clashed with police in several provinces, leaving several dead. At least three protesters were killed and 17 others were wounded during an attack on a police station in Iran’s western province of Lorestan, the semi-official Fars news agency reported. Skirmishes… Source…

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