Money Moves

President Donald Trump has confirmed that a $20 billion U.S. financial assistance package aimed at addressing Argentina’s currency crisis is linked to the upcoming elections in the country. During a meeting with Argentina’s libertarian leader, Javier Milei, Trump indicated that U.S. support would depend on Milei’s electoral success. He expressed that the upcoming vote on […]

The International Monetary Fund (IMF) has indicated that inflation in the UK will surpass that of any other major advanced economy, including the United States, where tariffs are impacting consumer prices. With GDP growth per capita at a mere 0.4%, the lowest among major economies, real wages have reportedly stagnated for 11 months. Additionally, the

The market town of Tenbury Wells in Worcestershire is currently facing significant challenges related to flooding risks. Following seven floods in the past four years, local officials announced that three town-owned buildings, including a theatre and historic pump rooms, are now uninsured. Independent retailers are similarly affected, leading some to close their businesses, resulting in

France’s Prime Minister, Sébastien Lecornu, has announced the suspension of President Emmanuel Macron’s pension reform, initially planned for 2023, until after the 2027 presidential election. This decision aims to garner support from Socialist deputies in light of a potential no-confidence vote. The Socialist party currently holds a crucial position in a fragmented parliament. Following Lecornu’s

The latest iteration of ChatGPT, referred to as GPT-5, has been reported to provide more harmful responses to certain prompts compared to its predecessor, GPT-4o. This finding emerged from research conducted by the Center for Countering Digital Hate (CCDH), which tested both models with the same set of 120 prompts focused on sensitive topics like

Jamie Dimon, CEO of JP Morgan, has indicated potential further losses in the private credit sector, particularly following the recent failures of sub-prime auto lender Tricolor and car parts supplier First Brands. On Tuesday, the bank reported a $170 million loss due to Tricolor’s collapse amid fraud allegations, despite having no links to First Brands,

The United States and United Kingdom have seized approximately $15 billion in bitcoin and frozen properties in London owned by alleged leaders of scam operations based in Cambodia. These scams reportedly deceive victims globally and involve the exploitation and torture of trafficked workers. Six individuals, including two Chinese-born businessmen, have been subjected to travel bans

The International Monetary Fund (IMF) has projected that the UK will experience the highest inflation rates among G7 economies this year and next. During annual meetings in Washington, the IMF raised its inflation forecast for the UK to an average of 3.4% for 2025, up from a previous estimate of 3.2%. The expected inflation rate

Cora Corré, granddaughter of the late Vivienne Westwood, expressed that the current direction of the Vivienne Westwood brand does not reflect her grandmother’s values. This comment comes as the brand announces its participation in Riyadh Fashion Week, alongside designer Stella McCartney, despite global concerns regarding Saudi Arabia’s human rights practices. The Vivienne Foundation, established by

The UK government is considering an extension of licensing hours for pubs in an effort to stimulate economic growth. However, concerns have been raised about whether pubs can sustain the additional staffing and operational costs that later hours would require, especially given reports of many establishments already closing earlier or not opening at all on