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The Federal Reserve Bank of New York building is seen in the Manhattan borough of New York, U.S., December 16, 2017. REUTERS/Eduardo Munoz/File Photo Acquire Licensing RightsNEW YORK, Aug 23 (Reuters) - The Federal Reserve Bank of New York on Wednesday defended its plan to cut off a Puerto Rican lender's access to the U.S. central banking system following a federal crackdown on banks with links to Venezuela.In July, Banco San Juan Internacional (BSJI) sued the New York Fed to halt the looming termination of its "master account," which lets...

A for sale sign is displayed outside a home in Toronto, Ontario in Toronto, Ontario, Canada December 13, 2021. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsTORONTO, Aug 23 (Reuters) - Highly indebted Canadians hoping for relief from a rapid rise in mortgage rates are in for some disappointment, as recent moves in the bond market point to interest rates staying at elevated levels for longer than previously expected due to stubborn inflation.The yield on Canada's 5-year bond climbed on Tuesday to a 16-year high of 4.17%, up from 2.66% in March,...

FILE PHOTO: A Tu-22M3 bomber performs during the "Aviadarts" military aviation competition at the Dubrovichi range near Ryazan, Russia, August 2, 2015. REUTERS/Maxim Shemetov Acquire Licensing RightsAug 22 (Reuters) - British military intelligence said on Tuesday that a weekend drone attack on an airfield deep inside Russia which Moscow blamed on Ukraine is highly likely to have destroyed a nuclear-capable TU-22M3 supersonic long-range bomber.Kyiv, which on Monday claimed to have attacked another Russian military airfield, says Russia has used the TU-22M3 to bomb targets across Ukraine with conventional munitions. Western...