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MOSCOW (AP) — Thursday's high-level talks in Geneva on Ukraine come as the country's eastern regions are awash in turmoil and pro-Russian insurgents have seized police stations and government buildings in at least nine cities.
The US economy is showing clear signs of emerging from the brutal winter, with consumer spending picking up broadly, the Federal Reserve's Beige Book survey said Wednesday. "Economic activity increased in most regions" of the country since the prior Beige Book in early March, the report said, with "modest or moderate" expansion in most of the Fed regions surveyed. The review of economic conditions covered mid-February through early April, capturing still-severe winter weather effects that began to fade last month. The report will be used in the next monetary policy meeting of the Federal Open Market Committee on April 29-30.