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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…
The US factory that lays bare the contradiction in Trump’s policy
Posted onBBC Among the cactuses in the desert of Arizona, just outside Phoenix, an extraordinary collection of buildings is emerging that will shape the future of the global economy and the world. The hum of further construction is creating not just a factory for the world’s most advanced semiconductors. Eventually, it will mass produce the most…
JP Morgan boss Jamie Dimon sounds warning on US stock market fall
Posted onSimon JackBusiness editor and Michael Sheils McNamee Watch: ‘I’m more worried than others about stock market fall’, says JP Morgan boss There is a higher risk of a serious fall in US stocks than is currently being reflected in the market, the head of JP Morgan has told the BBC. Jamie Dimon, who leads America’s…
Cost of living: How food prices are making school holidays more expensive
Posted onLauren Entwhistle, who also has two children, has experienced those financial pressures herself. After struggling with postnatal depression and managing her finances, she turned to Atlas Women’s Centre in Lisburn for support. Part of a network of women’s centre across Northern Ireland, she said the Atlas Women’s Centre helped put her back together. Now she…
EES: Stop pretending EUs new border system is working, says airports chief
Posted on“We urgently need full flexibility for border control authorities to suspend the EES whenever needed to avoid further chaos – along with a rethink of those processes,” Schulte said. “This is about showing respect and decency for those who chose to travel to the EU, and safeguarding our reputation as a welcoming and efficient destination.”…
