Peru approves emergency overhaul of state oil firm Petroperu
The move opens key assets to private investment and comes as Petroperu faces mounting losses and debt.
![Ousmane Sonko speaks after he was appointed prime minister by Senegal's newly-elected President Bassirou Diomaye Faye, in Dakar, Senegal [File: Abdou Karim Ndoye/Reuters]](/wp-content/uploads/2024/04/2024-04-03T054833Z_161381706_RC2LY6AILHMX_RTRMADP_3_SENEGAL-POLITICS-1712129356.jpg?resize=770%2C513&quality=80)
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US national debt surpasses a record $38 trillion
The figure amounts to roughly $111,000 of debt for every person in the US, think tank says.
Argentina’s central bank says it signed $20bn currency swap deal with US
Central bank says deal part of a comprehensive strategy to help it respond to forex and capital markets volatility.
Urgent debt relief demanded for Africa amid public sector crisis
Many African nations now spend more servicing external debt than funding healthcare and education.
EXPLAINER
Fifth French PM quits in three years: Can Macron survive, and what’s next?
An embattled President Macron is facing increasing calls to announce snap elections or even to step down.
White House threatens mass layoffs amid deepening US government shutdown
US President Donald Trump blames Democrats for looming federal layoffs as shutdown enters fifth day.
![Director of the National Economic Council Kevin Hassett speaks as US President Donald Trump signs executive orders in the Oval Office of the White House. [File: Mandel Ngan/AFP]](/wp-content/uploads/2025/10/000_73KT2RD-1759691622.jpg?resize=770%2C513&quality=80)
Supreme Court temporarily blocks Fed Governor Cook firing
High court to hear arguments in January on whether Cook will lose her job but says she may stay in her post until then.
![Cook, who was appointed by former President Joe Biden, was accused of mortgage fraud [File: Jim Urquhart/ Reuters]](/wp-content/uploads/2025/10/2025-08-26T010527Z_797504773_RC21DGA1HGA8_RTRMADP_3_USA-FED-COOK-1759333004.jpg?resize=770%2C513&quality=80)
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Can Trump save Argentina’s crisis-stricken economy as he hopes?
The US is planning to extend a $20 billion loan to Argentina in support to President Javier Milei.
![US President Donald Trump shakes hands with Argentina's President Javier Milei during the 80th United Nations General Assembly, in New York City, New York, US, September 23, 2025 [Al Drago/Reuters]](/wp-content/uploads/2025/09/2025-09-23T211824Z_497046111_RC2WXGAAXPOX_RTRMADP_3_ARGENTINA-POLITICS-TRUMP-1758884079.jpg?resize=770%2C513&quality=80)
Trump asks Supreme Court to let him fire Fed governor Cook
Lisa Cook took part in this week’s Fed policy meeting in which the central bank cut interest rates by 0.25%.
From: Counting the Cost
Fed rate cuts: Saving American jobs or stoking inflation?
US Federal Reserve reduces interest rates and signals more cuts ahead as the labour market slows.
Published On 18 Sep 2025
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France’s big protest: Who’s on strike, why and what’s next?
The strike action and nationwide protests follow the Block Everything demonstrations earlier in September.
![French students chant as they block the entrance to Maurice-Ravel School as part of a nationwide day of protests and strikes against budget reforms on September 18, 2025 in Paris, France [Kiran Ridley/Getty Images]](/wp-content/uploads/2025/09/GettyImages-2236058329-1758203527.jpg?resize=770%2C513&quality=80)
