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Bessent says Argentina peso bet was homerun deal
US Treasury Secretary Scott Bessent said his risky US gamble on Argentina’s currency has paid off. Bessent said American financial support had been repaid and the US no longer held any Argentine pesos in its exchange stabilisation fund. The US had purchased the then-plunging currency last year in an effort to stave off further turmoil…
UK names Christian Turner as ambassador to US, replacing Peter Mandelson
Tom Bennett,Londonand Bernd Debusmann Jr,White House Reuters The UK has named career diplomat Christian Turner as its new ambassador to the US, Downing Street has confirmed. The previous ambassador, Peter Mandelson, was sacked by UK Prime Minister Sir Keir Starmer after evidence, including emails and photos, emerged showing his continued association with the paedophile Jeffery…
Can Japan get more female business leaders?
Phoebe AmorosoBusiness reporter, Tokyo AFP via Getty Images Some hope that the election of Japan’s first female prime minister will open doors for other women In October Japan got its first female prime minister, Sanae Takaichi. Her rise has been hailed as a ground-breaking moment for Japanese women, but some fear that her conservative politics…
