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US kicks off controversial financial rescue plan for Argentina
Posted onThe US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. Treasury Secretary Scott Bessent announced the purchase on social media, while saying the US had finalised terms of a planned $20bn (£15bn) financial rescue…
Menacing Disney advert featuring severed body banned
Posted onDisney subsidiary Twentieth Century Studios, which produced the film, said it was rated 12A, and the advertisement had been designed with that in mind. The company argued the brief and stylised nature of the scene meant the alien character or other imagery used would be unlikely to cause harm or offence.
Supply too reliant on one asset, says South East Water boss
Posted onFiona Irving,South East environment correspondentand Craig Buchan,South East BBC South East Water chief executive David Hinton has faced calls to resign over supply issues The boss of South East Water has said the company is too dependant on individual facilities after a six-day supply failure affected thousands of people in Kent. About 24,000 properties in…
Will petrol and diesel prices go up because of the Iran war?
Posted onThere might also be a more direct impact on food. “Some elements of crude oil are used in fertiliser, and so there could be a cost implication in terms of food prices,” Benjamin Goodwin, partner at banking advisory firm PRISM Strategic Intelligence told the BBC.
Why has the price of silver hit a record high?
Posted onThe price of silver has hit a record high ahead of an expected US Federal Reserve interest rate cut and as demand from the technology industry for the precious metal remains high. Silver crossed $60 (£45.10) an ounce on the spot market, where the precious metal is bought and sold for immediate delivery, for the…
Trump unveils deals to lower US weight-loss drug prices
Posted onDanielle KayeBusiness reporter Reuters Zepbound, Eli Lilly’s weight-loss drug, and Wegovy, made by Novo Nordisk US President Donald Trump has announced deals that aim to lower the cost of popular weight-loss drugs, as pharmaceutical prices take centre stage in his administration’s messaging around affordability. Speaking alongside drug executives at the White House, Trump unveiled agreements…
