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Argentina seeking $20 billion IMF loan
Argentina has sought a $20 billion loan from the International Monetary Fund, the country's economy minister said Thursday, as the government struggles to hold on to foreign reserves while propping up an ailing currency.
BBC launches survey on its future ahead of funding review
The BBC launched a UK-wide poll on Thursday asking audiences for their views on its future, as the cash-strapped British public broadcaster braces for a funding review. But the BBC's current royal charter -- which sets out its public purposes and funding -- ends in 2027, and culture secretary Lisa Nandy has said the government will use a scheduled review to consider how the organisation is funded.
Mexico seeks 'preferential treatment' on US tariffs
Mexico said Thursday that it wanted preferential treatment if US President Donald Trump goes ahead with steep car tariffs, vowing a "comprehensive response" to Washington's duties. Sheinbaum said that Mexico would wait until early April -- when Trump has promised reciprocal tariffs tailored to each US trading partner -- before giving a "comprehensive response."
Trump tariffs to hit European automakers hard
President Donald Trump's tariffs on auto imports will deal a heavy blow to European carmakers, especially German manufacturers, which rely on the US markets for a big chunk of their profits.
Copyright questions loom as ChatGPT's Ghibli-style images go viral
The release of the latest image generator on OpenAI's ChatGPT has triggered an online flood of memes featuring images done in the style of Studio Ghibli, the Japanese studio behind classic animated films like "My Neighbor Totoro" and "Princess Mononoke."
Walmart to invest billions in Mexico despite US tariff threat
US retail giant Walmart said Thursday that it would invest more than $6 billion in Mexico this year, despite President Donald Trump's escalating trade wars with Washington's partners and competitors alike. "Walmart arrived in Mexico more than 65 years ago, and we will be here for the next 30, 60, or 90 years," he said.
Sudan's booming wartime gold trade flows through the UAE
Sudan's gold industry has become the lifeblood of its war, with nearly all of the trade channelled through the United Arab Emirates, enriching both the army and paramilitaries, according to official and NGO sources.
Crisis-hit German rail operator reports another massive loss
German rail operator Deutsche Bahn reported another massive annual loss Thursday as it battles a "serious crisis" but said government plans to ramp up infrastructure spending could get it back on track. "Deutsche Bahn is facing its most serious crisis" since major railway reforms of the mid-1990s, said CEO Richard Lutz.
Tariff-hit British Steel confirms plan to shut blast furnaces
Chinese-owned British Steel confirmed Thursday plans to shut blast furnaces and other operations in England, saying US President Donald Trump's tariffs on the sector were partly to blame for a decision which could cost up to 2,700 jobs.
AFP
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