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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…
Sizewell B nuclear power plant to operate for another 20 years
Posted onWilson said TASC applauded the goal to phase out fossil fuels, but condemned “the government’s continued reliance on dirty and dangerous nuclear power”. He said this created a “multi-generational financial and environmental liability”, leaving our descendants with years of flood defence maintenance and the “insurmountable challenge of safe, millennia-long, highly radioactive nuclear waste isolation, amid…
Unemployment rate unexpectedly falls as fewer students look for work
Posted onLiz McKeown, director of economic statistics at the Office for National Statistics (ONS) figures, said: “Alongside falling unemployment, the number of people not actively seeking work increased, with data suggesting fewer students seeking work alongside their studies.”
Many new UK drone users must take theory test for outdoor use
Posted onMany in the UK who unwrapped a new drone this Christmas may face a rude awakening next week, when they will have to take a theory test before being allowed to fly outdoors. From 1 January, those intending to fly drones or model aircraft weighing 100g or more outside must complete a Civil Aviation Authority…
