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Syria won't wait for global community to reform economy: Finance Minister
Syria won't wait for global community to reform economy: Finance Minister
by  AFP

Syria is in a hurry to rebuild its war-torn economy and will not wait for the international community to begin making those changes, the country's finance minister said Wednesday. Syria's government faces a monumental challenge in rebuilding the country's war-torn economy after more than 15 years of civil war -- something Barnieh estimated would likely cost "tens of billions" of dollars.

Exiting TED leader clings to tech optimism
Exiting TED leader clings to tech optimism
by  AFP

Chris Anderson took over TED 25 years ago, when the internet was young and optimism abounded about the future it could deliver. "I felt I'd come home to that heroic group of people dreaming about the future and what the future could be," Anderson said.

EU economy chief urges G7 to join plan tapping Russia assets for Ukraine
EU economy chief urges G7 to join plan tapping Russia assets for Ukraine
by  AFP

The EU will urge G7 partners to consider tapping immobilized Russian assets in aiding Ukraine, the bloc's economy commissioner told AFP on Wednesday, as finance ministers of the group convene in Washington. Also on the Group of Seven ministers' agenda are discussions on China's recently announced curbs on rare earths, commissioner Valdis Dombrovskis told AFP in an interview.

US says working on new $20 bn 'facility' for Argentina
US says working on new $20 bn 'facility' for Argentina
by  AFP

US Treasury Secretary Scott Bessent on Wednesday said he was working to help corral the private sector around a new $20 billion "facility" to support Argentina's embattled economy. Bessent added that he had spent "weeks" working on the private-sector solution to Argentina's upcoming debt payments, which would come on top of the $20 billion US swap line the US Treasury recently set up.

US Treasury chief: Beijing's rare earths move is 'China vs world'
US Treasury chief: Beijing's rare earths move is 'China vs world'
by  AFP

US Treasury Secretary Scott Bessent slammed Beijing's rare earth export curbs Wednesday as "China versus the world," vowing that Washington and its allies would "neither be commanded nor controlled." But he expressed hope that China would back off its rare earth curbs.