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Tuesday, October 21, 2025

Cattle farmers and agricultural groups are voicing opposition to President Donald Trump's plan to import Argentine beef in an effort to address record-high prices. read more


We learned last week that one of the most recent Trump administration strikes on an alleged drug-carrying submarine in the Caribbean failed to kill two of the people aboard. The situation has now cast a spotlight on the holes in the administration's justifications for the strikes ... read more


President Donald Trump wants the Department of Justice to pay him $230 million in compensation for criminal investigations. read more


Monday, October 20, 2025

A landmark deal to cut global shipping emissions has been abandoned after Saudi Arabia and the US succeeded in ending the talks. read more


Saturday, October 18, 2025

The honorables in Raleigh, a group of Republicans who've already drawn themselves nearly insurmountable majorities in what's essentially a moderate state, are threatening to rush headlong into a new round of Congressional redistricting to tilt the scales further. read more


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Argentine peso weakens to fresh low despite US interventions

The Argentine peso has fallen below the level it reached before the US Treasury began purchases earlier this month, in a sign that the Trump administration's financial support is failing to halt the currency's slide ahead of a crucial election for libertarian president Javier Milei.

The peso dropped almost 1 per cent in early trading on Monday to 1,476 against the dollar, touching a fresh record intraday low, before paring its losses. The level is close to the bottom of an exchange rate band adopted in April.

The slide has resumed despite three purchases of pesos by the US Treasury since October 9 " which Argentine economists estimate total roughly $400mn, although neither government has confirmed the figure " as well as the announcement of a $20bn currency swap line between the two countries.

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