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Bessent says Argentina peso bet was homerun deal
Posted onUS 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…
The real impact of roadworks – and why theyre set to get worse
Posted onAlex ForsythPolitical correspondent BBC A few weeks ago, I was driving along the M6 late at night, towards the West Midlands, when I came across the orange flashing lights and miles of cones that signify road works. Two lanes were closed and the overhead gantry warned of a 50mph speed limit on the near-empty motorway….
What is Seedance? The Chinese AI app sending Hollywood into a panic
Posted onThese productions have been sticking to romance or family drama to keep costs down as they need fewer visual effects. But now AI can “elevate low-budget productions into more ambitious genres such as sci-fi, period drama and, now, action”, Kwok says.
Storm damage: How to stay safe and what to do in a power cut
Posted onGetty Images Heavy rain and strong winds are forecast as unsettled weather returns to the UK after a summer which saw a number of heatwaves. Temperatures are expected to drop and there is a risk of thunderstorms. How can you prepare and protect your home before a storm hits? There are a number of steps…
Decision to run Manchester to London ghost train uninformed, regulator admits
Posted onKaty AustinTransport correspondent Getty Images The rail regulator has admitted it “did not have all the facts” when it decided to not allow passengers on a peak-time train service between Manchester and London. The Office of Road and Rail (ORR) said it was missing “critical points” when it made a decision that would have turned…
