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US kicks off controversial financial rescue plan for Argentina
The 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…
China tightens export rules for crucial rare earths
China has tightened its rules on the export of rare earths – the elements that are crucial to the manufacture of many high-tech products. New regulations announced by the country’s Ministry of Commerce “to safeguard national security” formalise existing rules on processing technology and unauthorised overseas cooperation. China is also likely to block exports to…
Northamptonshire warm spaces open to combat unaffordable bills
PA Media Many people will be having to limit how much heating they use in their homes this winter, said North Northamptonshire Council People in a county are being encouraged to use warm spaces over winter if they need to, with many continuing to face “unaffordable” heating bills, a council said. More than 170 venues…
Nigeria-Morocco Atlantic Gas Pipeline: African nations sign off $25bn mega plan
One of Africa’s most ambitious energy infrastructure projects has finally been signed off at the highest level, with West African leaders formally endorsing the long-awaited Nigeria-Morocco Atlantic Gas Pipeline. “Don’t be surprised when the gas comes your way,” quipped Julius Maada Bio, Sierra Leone’s president and the current head of West Africa regional bloc Ecowas,…
