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In Argentine farm town, Milei mania fizzles
In Argentine farm town, Milei mania fizzles
by  AFP

For clues as to why Argentina's President Javier Milei faces a potential drubbing in next week's mid-terms, look no further than San Andres de Giles, a farming town set amid wheat fields two hours from Buenos Aires.

US Fed official urges caution but says could back October cut
US Fed official urges caution but says could back October cut
by  AFP

A senior member of the US Federal Reserve on Friday indicated he could back another interest rate cut later this month, while urging a meeting-by-meeting approach going forward. Futures traders currently see a 100 percent chance that the Fed will cut interest rates by a total of at least 50 basis points over its two remaining meetings this year, according to data from CME Group.

US sinks international deal on decarbonising ships
US sinks international deal on decarbonising ships
by  AFP

An international vote to formally approve cutting maritime emissions was delayed by a year Friday, in a victory for the United States which opposes the carbon-cutting plan. But a vote due Friday on whether to formally approve the deal was delayed until next year after US President Donald Trump threatened sanctions against countries backing the plan.

Mango founder's son under scrutiny as police probe death
Mango founder's son under scrutiny as police probe death
by  AFP

Spanish police confirmed Friday that their probe into the sudden death last year of Mango clothing empire founder Isak Andic remains open following reports his son has become a suspect. Spanish media said police also cited the testimony of Isak Andic's partner, professional golfer Estefania Knuth, who described strained relations between father and son.

Ex-McLaren boss could take the wheel at Porsche
Ex-McLaren boss could take the wheel at Porsche
by  AFP

The ex-head of British supercar brand McLaren could take over as Porsche CEO, said the German sports car maker Friday, which is struggling with weak demand and a troubled EV shift. Last month, the maker of the iconic 911 sports car also hit the brakes on its shift to electric vehicles, saying demand had moved more slowly than expected.

Caracas records 8.7 pct growth but Venezuelans lament economic woes
Caracas records 8.7 pct growth but Venezuelans lament economic woes
by  AFP

Venezuela's economy grew by 8.7 percent in the third quarter, the country's central bank announced Thursday, but residents told AFP they are still struggling to make ends meet. "Claiming that there is GDP growth is something positive, but I don't see prosperity or the end of the crisis," she told AFP. Venezuela's central bank has not reported on inflation for a year.