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Iran: Trump warns time is running out for nuclear deal as US military builds up in Gulf
Responding to Trump’s latest warning, Araghchi said: “Iran has always welcomed a mutually beneficial, fair and equitable NUCLEAR DEAL – on equal footing, and free from coercion, threats, and intimidation – which ensures Iran’s rights to PEACEFUL nuclear technology, and guarantees NO NUCLEAR WEAPONS.”
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HKMA warns of risks as Hong Kong follows Fed in keeping interest rate unchanged
Hong Kong’s de facto central bank has warned the public to beware of interest rate uncertainties this year after leaving its base rate unchanged, following a similar move overnight by the US Federal Reserve, leaving borrowers in the city with a longer wait for funding costs to fall. The Hong Kong Monetary Authority (HKMA) announced…
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US Fed holds interest rates and defends central bank independence
Two Fed officials voted in favour of an interest rate cut – Stephen Miran, who is on leave from his post at the White House where he leads Trump’s Council of Economic Advisers, and Christopher Waller, a Trump appointee whose name has been floated as contender to succeed Powell.
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US Treasury chief Bessent warns Canada on trade fights, slams EU-India deal
US Treasury Secretary Scott Bessent said on Wednesday that the US and Canada were likely to end up in a “good place” on trade but warned Washington’s northern neighbour not to launch a political fight in advance of coming talks on the US-Mexico-Canada free trade deal. As long-standing US trading partners have been buffeted by…
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Linux after Linus? The kernel community finally drafts a plan for replacing Torvalds
Linux kernel project Follow ZDNET:Add us as a preferred sourceon Google. ZDNET’s key takeaways If something happens to Linus Torvalds, there’s now a succession plan. Rather than naming a successor, the plan describes a process for selecting successors. However, Torvalds has no plans to retire. After more than three decades in the Linux driver’s seat,…
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Starbucks scraps $250,000 cap on bosss use of company jet
It said: “Given Mr Niccol’s chief executive role, the enhanced media attention to which Mr Niccol and Starbucks are subject, and the current threat landscape, the security study for Mr Niccol also recommended that Mr Niccol use private aviation for all air travel, whether for personal, commuting, or business purposes.”
