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Argentina's President Javier Milei faces his worst electoral defeat since taking office, losing Buenos Aires province to Peronism amid a corruption scandal involving his sister. The election results reflect growing dissatisfaction with Milei's economic policies and political turmoil ahead of October midterms. The opposition gained ground, and Milei remains committed to his austerity agenda.
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The Bank of England plans to slow its bond sales from £100bn to around £70bn, aiming to reduce borrowing costs amid rising long-term yields. Meanwhile, UK house prices show signs of cooling, and global markets remain volatile amid geopolitical tensions and US Federal Reserve signals. These developments impact UK fiscal policy and investor confidence.
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The UK has formally recognized Palestine as an independent state, aligning with France, Canada, and Australia, in a move driven by concerns over Israeli actions in Gaza. The decision aims to support a two-state solution but faces opposition from the US and Israel, amid ongoing violence and diplomatic tensions.
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Argentina faces economic turmoil as President Javier Milei's policies lead to currency instability and market panic. US support efforts are underway but face skepticism, with election results looming. The country's financial crisis highlights the risks of shock therapy and external influence.
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Patrick Herminie has been declared the winner of Seychelles' presidential runoff with 52.7% of the vote, defeating incumbent Wavel Ramkalawan. Herminie, representing United Seychelles, promises to address economic issues, environmental concerns, and social reforms. The election followed a closely contested campaign focused on development and sovereignty.
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After two years of captivity, 20 hostages were released overnight, marking a significant step in Gaza-Israel peace efforts. The agreement, facilitated by US President Trump and regional mediators, includes a ceasefire, troop withdrawals, and prisoner exchanges. International leaders have welcomed the development, emphasizing hopes for long-term peace.
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As of October 22, 2025, the US government shutdown has entered its third week, with President Trump authorizing the Pentagon to use $6.5 billion from military research funds to pay active-duty troops, bypassing congressional approval. This unilateral move aims to prevent military pay delays but has drawn criticism from lawmakers. The shutdown continues amid stalled negotiations over healthcare subsidies and federal funding.
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On October 14, 2025, President Donald Trump publicly criticized Time magazine's cover photo accompanying a story praising his role in brokering a Gaza ceasefire. He called the image, taken from a low angle, the "Worst of All Time," complaining it made his hair "disappear" and featured a "floating crown." The cover story hailed the ceasefire as a major achievement of his second term.
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President Trump posthumously awarded Charlie Kirk the Presidential Medal of Freedom during a ceremony in the White House Rose Garden, marking Kirk's 32nd birthday. Kirk was shot dead in Utah last month while debating students. Trump praised Kirk as a martyr and a patriot, linking his death to political violence and extremism.
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President Trump has reiterated demands for Hamas to disarm and return all hostages, amid ongoing tensions in Gaza. Despite a ceasefire and partial hostage releases, disagreements over disarmament and aid restrictions threaten the fragile peace process. Trump warns of potential military action if Hamas fails to disarm.
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On October 14-15, 2025, the US State Department revoked visas of six foreigners from Argentina, Brazil, Germany, Mexico, Paraguay, and South Africa for social media posts celebrating the assassination of conservative activist Charlie Kirk. The action coincided with President Donald Trump posthumously awarding Kirk the Presidential Medal of Freedom and vowing a crackdown on left-wing extremism.
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The US has pledged $20bn in financial aid to Argentina, backing President Milei ahead of midterm elections. President Trump has publicly endorsed Milei, linking US support to his electoral success. The aid aims to stabilize Argentina's economy, but market concerns persist as the elections approach.
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China's tech firms SenseTime and Cambricon partner to develop indigenous AI solutions amid national efforts for self-reliance. Meanwhile, the US and Argentina expand AI data centers, challenging China's global leadership in AI infrastructure. The story highlights geopolitical competition and strategic investments shaping the future of AI.
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Bolivia's presidential runoff resulted in a victory for centrist Rodrigo Paz, ending two decades of left-wing MAS rule. Paz's win comes amid economic crisis, inflation, fuel shortages, and a shift towards market-friendly policies. The new government faces urgent economic reforms and regional challenges.
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Bolivia's new president, Paz, won a runoff election amid economic turmoil, including high inflation, dollar shortages, and fuel crises. His victory marks a shift from two decades of MAS rule, with plans to reform currency policies and address economic instability, while facing opposition from former President Morales.
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Recent articles highlight US efforts to address health issues through lifestyle prescriptions, including outdoor activity and metabolic health, amid ongoing economic concerns such as high grocery and energy prices. The stories also cover US-Argentina economic ties and their impact on domestic markets, with political implications for President Trump.
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The US has extended financial support to Argentina, including a $20 billion currency swap, to stabilize the peso ahead of midterm elections. Support is linked to policy performance, with US backing contingent on continued good governance by President Milei amid currency fluctuations and political pressure.
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Argentina is deploying a new strategy involving stablecoins to exploit the country's exchange rate gap. By buying dollars at the official rate and converting them into stablecoins, traders can then exchange these for pesos at a cheaper market rate, potentially earning up to 4% profit per transaction. The move aligns with Argentina's broader efforts to stabilize its economy amid currency volatility, supported by a US-Argentina swap agreement announced in October. The central bank aims to expand its monetary tools and reserves through these measures, amid ongoing political and economic challenges.
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Brazilian farmers are increasing soybean planting due to the US-China trade dispute, which has cut US exports to China. Brazil now supplies over 70% of China's soybean imports, while US shipments decline. Argentina's export policies also influence global prices, impacting US farmers' strategies today.
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The US has increased military presence in the Caribbean, deploying the USS Gerald Ford and other warships to Trinidad and Tobago for training exercises amid ongoing tensions with Venezuela. The move follows recent strikes on alleged drug traffickers and regional diplomatic protests.
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The Biden administration plans to increase Argentine beef imports to lower record-high U.S. beef prices, sparking anger among American ranchers. The move follows a recent delay in inflation data due to a government shutdown, with economic and political implications for affordability and trade policies.
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Markets worldwide gained amid easing trade tensions after the US confirmed a meeting with China’s Xi. Major indices in Asia and the US approached record highs, boosted by positive economic data and hopes for a potential trade deal, despite ongoing uncertainties.
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The US has deployed the USS Gravely and is moving the USS Gerald R Ford closer to Venezuela amid rising tensions. The US claims to target drug trafficking boats linked to Maduro, who denies these allegations. Regional reactions are mixed, with concerns over increased military presence and regional stability.
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On October 26, 2025, Argentina's President Javier Milei's party, La Libertad Avanza (LLA), won approximately 41% of the vote in midterm elections, securing the largest bloc in the Chamber of Deputies and tripling Senate seats. This victory strengthens Milei's position to push his agenda of state downsizing and economic deregulation, with support from US President Donald Trump and a $40 billion bailout package.
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On November 3, 2025, Argentina's President Javier Milei's party, La Libertad Avanza (LLA), secured a decisive victory in midterm congressional elections, buoyed by a $40bn US bailout led by Donald Trump. Despite deep austerity measures, inflation reduction, and rising poverty, Milei's coalition strengthened its congressional presence, enabling him to advance free-market reforms amid ongoing economic and social challenges.
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NYC Mayor-elect Zohran Mamdani, a democratic socialist, commits to progressive policies including taxing the rich and expanding affordable housing. Argentinian President Javier Milei welcomes New Yorkers fleeing what he calls a 'communist' regime, warning of potential economic decline under far-left policies. The story highlights political shifts and international reactions as Mamdani prepares to take office.
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Angelo Agrizzi, a key witness in South Africa’s corruption inquiry, was sentenced to 40 years but will serve less due to cooperation. His testimony revealed widespread graft under former President Zuma, involving bribes and government contracts. The Zondo Commission's findings highlight ongoing issues with accountability.
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Cuba is conducting a closed-door trial of former deputy prime minister Gil, accused of corruption, espionage, and embezzlement. The case is the most significant since 1989, with charges stemming from a nearly two-year investigation. Gil's whereabouts were unknown until his recent detention.
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As of November 27, 2025, the US has boycotted the G20 summit in Johannesburg, citing unsubstantiated claims of persecution against white Afrikaners and land confiscation. South Africa, led by President Cyril Ramaphosa, condemned the boycott as based on misinformation and confirmed its full G20 membership. Despite US absence, the summit proceeded with a declaration addressing global challenges, supported by most members except the US and Argentina.
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Hungary's Prime Minister Orbán announced plans to challenge EU sanctions on Russian energy, claiming they violate European law. He secured a one-year US exemption and a financial shield from the US, amid strained relations with the EU and economic challenges. The story highlights geopolitical tensions and energy dependencies.
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Gal Gadot, known for her role as Wonder Woman, received the 2025 Genesis Prize for her advocacy for Israel amid ongoing conflict. She will donate her $1 million award to aid Israel’s recovery after the October 2023 Hamas attack, despite facing criticism and protests.
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The Biden administration is set to announce exemptions on tariffs for certain food imports, including beef, citrus, coffee, and bananas, aiming to reduce consumer prices amid political pressure and recent election results highlighting affordability concerns. The move signals a shift from previous tariff policies.
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Chile's presidential race is heading to a December runoff after the first round saw left-wing candidate Jeannette Jara leading but likely to be overtaken by far-right candidate Jose Antonio Kast. Rising crime, immigration concerns, and polarized politics dominate the campaign, with Kast promising tough measures and a potential return to authoritarian policies.
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The upcoming G20 summit in Johannesburg is impacted by the US and China boycotts. The US is withdrawing over South Africa's stance on racial policies, while China is reducing travel. South Africa aims to highlight global issues like climate change, debt, and inequality despite these absences.